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  • Navi Nifty Bank Index Fund (Growth)
Navi Mutual Funds

Navi Nifty Bank Index Fund (Growth)

EquityIndex Funds

12.1526

NAV (Apr 19)

8.8%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

12.1526

NAV (Apr 19)

Fund Returns

Last 1Y
11.1%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
8.8%
6 Month CAGR
6.8%

Scheme Information

Investment Objective

The investment objective of the scheme is to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank Index,subject to tracking error.However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Expense Ratio
0.79
Launched (2y ago)
Feb 04, 2022
AUM in Crores
507.163
ISIN
INF959L01FU2
Lock-in
No Lock-in
Benchmark
Nifty Bank TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Aditya Mulki

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Navi Nifty Bank Index Fund (Growth)70%9,62,096 2,29,48411.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-19

Top Stock Holdings

hdfc bank ltd

29.1%
29.1%

icici bank ltd

23.8%
23.8%

axis bank ltd

9.2%
9.2%

state bank of india

9.2%
9.2%

kotak mahindra bank ltd

9.1%
9.1%
See all holdings

Allocation by Sector

financial services

100.2%
100.2%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 17,313 cr

₹ 14,075 cr

₹ 21,475 cr

₹ 41,281 cr

₹ 60,559 cr

amc-img

About the AMC

Essel Funds Management Company Ltd

Navi AMC Limited manages assets worth 5,478 crores and was set up on 9 April 2009. It's current offering of mutual fund schemes includes 32 equity,20 debt and 27 hybrid funds.amc-img
phone-img033-40185000
Fund NameScripbox Opinion
Till Date CAGR

-

13%

6%

6.9%

6%

6.5%

6%

6.5%

5.5%

5.5%

Navi Nifty Bank Index Fund (G) Review

Navi Nifty Bank Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 8.8% over a period of 2 years. The fund is managed by Navi AMC Limited. The fund manager’s name is Aditya Mulki.

Nav of Navi Nifty Bank Index Fund (G) as of 4/19/2024 is ₹12.15 with the total AUM as of 4/19/2024 is ₹507.163. With Scripbox you can compare and check the latest nav for all mutual funds in India. Navi Nifty Bank Index Fund (G) was launched on Feb 04, 2022. The category risk of the fund is Very High Risk.

The minimum SIP amount for Navi Nifty Bank Index Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Navi Nifty Bank Index Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Bank TR INR.

Navi Nifty Bank Index Fund (G) is rated as a 0 fund in Equity and delivered 11.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Navi Nifty Bank Index Fund (G).

Frequently Asked Questions

What is Navi Nifty Bank Index Fund (G)?

Navi Nifty Bank Index Fund (G) is a Index Funds Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Navi Nifty Bank Index Fund (G)?

You can invest in Navi Nifty Bank Index Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Navi Nifty Bank Index Fund (G)?

The minimum sip amount for Navi Nifty Bank Index Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Navi Nifty Bank Index Fund (G) good to invest in?

As per Scripbox experts, Navi Nifty Bank Index Fund (G) is a Not Reviewed Yet fund. You can investNavi Nifty Bank Index Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Navi Nifty Bank Index Fund (G)?

The expense ratio of the Navi Nifty Bank Index Fund (G) is 0.79% for regular plan.