Dezerv

Fund Overview

Fund Size

Fund Size

₹7 Cr

Expense Ratio

Expense Ratio

0.22%

ISIN

ISIN

INF959L01HM5

Minimum SIP

Minimum SIP

₹10

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

26 Mar 2024

About this fund

This fund has been in existence for 2 months and 27 days, having been launched on 26-Mar-24.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹10.13, Assets Under Management (AUM) of 7.43 Crores, and an expense ratio of 0.22%.
  • Navi Nifty IT Index Fund Direct Growth has given a CAGR return of 1.29% since inception.
  • The fund's asset allocation comprises around 100.55% in equities, 0.00% in debts, and -0.55% in cash & cash equivalents.
  • You can start investing in Navi Nifty IT Index Fund Direct Growth with a SIP of ₹10 or a Lumpsum investment of ₹10.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+1.29%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity7.47 Cr100.55%
Others-0.04 Cr-0.55%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Infosys LtdEquity2.03 Cr27.27%
Tata Consultancy Services LtdEquity1.9 Cr25.51%
Tech Mahindra LtdEquity0.79 Cr10.63%
HCL Technologies LtdEquity0.71 Cr9.61%
Wipro LtdEquity0.63 Cr8.43%
LTIMindtree LtdEquity0.44 Cr5.88%
Persistent Systems LtdEquity0.36 Cr4.80%
Coforge LtdEquity0.31 Cr4.15%
Mphasis LtdEquity0.19 Cr2.59%
L&T Technology Services LtdEquity0.13 Cr1.69%
Treps/Reverse Repo/Net Current Assets/Cash/Cash EquivalentCash-0.04 Cr0.55%

Allocation By Market Cap (Equity)

Large Cap Stocks

87.33%

Mid Cap Stocks

13.22%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Technology7.47 Cr100.55%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Aditya Mulki

Aditya Mulki

Since March 2024

Ashutosh Shirwaikar

Ashutosh Shirwaikar

Since March 2024

Additional Scheme Detailsas of 31st May 2024

ISININF959L01HM5Expense Ratio0.22%Exit LoadNo ChargesFund Size₹7 CrAge26 Mar 2024Lumpsum Minimum₹10Fund StatusOpen Ended Investment CompanyBenchmarkNifty IT TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Navi Nifty IT Index Fund Direct Growth, as of 21-Jun-2024, is ₹10.13.
The fund's allocation of assets is distributed as 100.55% in equities, 0.00% in bonds, and -0.55% in cash and cash equivalents.
The fund managers responsible for Navi Nifty IT Index Fund Direct Growth are:-
  1. Aditya Mulki
  2. Ashutosh Shirwaikar