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Fund Overview

Fund Size

Fund Size

₹13 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 8 months and 11 days, having been launched on 26-Mar-24.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹12.92, Assets Under Management (AUM) of 12.53 Crores, and an expense ratio of 0.22%.
  • Navi Nifty IT Index Fund Direct Growth has given a CAGR return of 29.24% since inception.
  • The fund's asset allocation comprises around 99.84% in equities, 0.00% in debts, and 0.16% 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

+29.24%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity12.51 Cr99.84%
Others0.02 Cr0.16%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Infosys LtdEquity3.31 Cr26.42%
Tata Consultancy Services LtdEquity2.91 Cr23.23%
HCL Technologies LtdEquity1.34 Cr10.66%
Tech Mahindra LtdEquity1.31 Cr10.44%
Wipro LtdEquity1 Cr7.98%
Persistent Systems LtdEquity0.73 Cr5.83%
LTIMindtree LtdEquity0.68 Cr5.40%
Coforge LtdEquity0.65 Cr5.17%
Mphasis LtdEquity0.42 Cr3.32%
L&T Technology Services LtdEquity0.17 Cr1.39%
Treps/Reverse Repo/Net Current Assets/Cash/Cash EquivalentCash0.02 Cr0.16%

Allocation By Market Cap (Equity)

Large Cap Stocks

84.13%

Mid Cap Stocks

15.71%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Technology12.51 Cr99.84%

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 October 2024

ISIN
INF959L01HM5
Expense Ratio
0.22%
Exit Load
No Charges
Fund Size
₹13 Cr
Age
8 months
Lumpsum Minimum
₹10
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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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ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

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SBI Nifty Smallcap 250 Index Fund Direct Growth

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SBI Nifty Midcap 150 Index Fund Direct Growth

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0.4%0.0%₹670.31 Cr32.3%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

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0.4%0.0%₹471.41 Cr34.3%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

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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 06-Dec-2024, is ₹12.92.
The fund's allocation of assets is distributed as 99.84% in equities, 0.00% in bonds, and 0.16% in cash and cash equivalents.
The fund managers responsible for Navi Nifty IT Index Fund Direct Growth are:-
  1. Aditya Mulki
  2. Ashutosh Shirwaikar