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Fund Overview of Navi Nifty Bank Index Fund Direct-Growth
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₹613.2 CrAUM
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₹15.25NAV
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0.23%Expense Ratio
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EquityFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Navi Nifty Bank Index Fund Direct-Growth Return Comparison
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 0.07% | NA | 2.31% |
| 6 Months | 6.50% | NA | 15.50% |
| 1 Year | 0.27% | 0.27% | 10.43% |
| 2 Years | 11.70% | 5.69% | 18.38% |
| 3 Years | 35.43% | 10.64% | 17.78% |
Asset Allocation of Navi Nifty Bank Index Fund Direct-Growth
equities
99.99%other assets or cash equivalents
0.01%Navi Nifty Bank Index Fund Direct-Growth is one Equity mutual fund offered by Navi Mutual Fund. Launched on 04 Feb 2022, the fund aims Capital appreciation over the long term. Equity and equity related securities covered by Nifty Bank Index. Return that corresponds to the performance of Nifty Bank Index, subject to tracking error. It manages assets worth ₹613.2 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.23%. Fund Manager Manager EducationAbout Navi Nifty Bank Index Fund Direct-Growth
The portfolio allocation consists of 99.99% in equities, 0.01% in other assets or cash equivalents.Managed by Ashutosh Shirwaikar, it has delivered a return of 0.27% in the last year, a total return since inception of 9.28%.
When planning long-term investments many investors generally look at best sip investment depending on financial goals.
Key Metrics of Navi Nifty Bank Index Fund Direct-Growth
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Standard Deviation16.80%
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Mean10.12%
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Sharpe Ratio0.27%
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Alpha0.37%
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Beta1.02%
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Sortino Ratio0.33%
Navi Nifty Bank Index Fund Direct-Growth Fund Details
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Compare Navi Nifty Bank Index Fund Direct-Growth with other mutual funds in the same category
Navi Nifty Bank Index Fund Direct-Growth
Nippon India ETF Nifty PSU Bank Bees
Kotak Nifty PSU Bank Exchange Traded Fund
Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Nippon India ETF Nifty PSU Bank Bees  |
₹3,932 | 6.78% | 0.12% | 2.97% | 19.36% | 24.59% |
| Kotak Nifty PSU Bank Exchange Traded Fund |
₹2,491 | 6.78% | 0.12% | 2.95% | 19.34% | 24.59% |
| Invesco India Financial Services Fund Direct-Growth |
₹1,790 | 5.70% | -0.76% | 4.47% | 16.66% | 13.74% |
| Invesco India Financial Services Fund Direct-IDCW |
₹1,790 | 5.70% | -0.76% | 4.47% | 16.66% | 13.74% |
| Sundaram Financial Services Opportunities Fund Direct-Growth |
₹1,614 | 2.96% | -2.91% | 0.54% | 11.90% | 12.63% |
| Sundaram Financial Services Opportunities Fund Direct-IDCW |
₹1,614 | 2.96% | -2.91% | 0.54% | 11.90% | 12.63% |
| Invesco India Financial Services Fund Regular-Growth |
₹1,790 | 5.58% | -1.08% | 3.15% | 15.16% | 12.25% |
| Invesco India Financial Services Fund Regular-IDCW |
₹1,790 | 5.58% | -1.08% | 3.15% | 15.16% | 12.25% |
| SBI Banking & Financial Services Fund Direct-Growth |
₹10,420 | 6.57% | -0.20% | -0.07% | 16.62% | 12.02% |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹10,420 | 6.57% | -0.20% | -0.07% | 16.62% | 12.02% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Navi Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Navi Nifty Bank Index Fund Regular-Growth
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₹613 | 5.49% | -0.15% | 6.03% | -0.57% | 9.80% |
growth is based on 1-month returns of the fundsNavi Nifty Bank Index Fund Direct-Growth Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Banking And Financial Services-Growth |
₹10,774 | ₹132.45 | 10.28% | 8.29% | 11.33% |
| ICICI Prudential Banking And Financial Services Direct Plan-Growth |
₹10,774 | ₹150.58 | 11.14% | 9.17% | 12.37% |
| ICICI Prudential Banking And Financial Services Direct Plan-IDCW |
₹10,774 | ₹69.19 | 11.14% | 9.17% | 12.37% |
| ICICI Prudential Banking And Financial Services-IDCW |
₹10,774 | ₹25.28 | 10.28% | 8.29% | 11.33% |
| SBI Banking & Financial Services Fund Regular-Growth |
₹10,420 | ₹44.03 | 15.41% | 10.80% | 14.06% |
| SBI Banking & Financial Services Fund Direct-Growth |
₹10,420 | ₹49.80 | 16.62% | 12.02% | 15.37% |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹10,420 | ₹44.52 | 16.62% | 12.02% | 15.37% |
| SBI Banking & Financial Services Fund Regular-IDCW |
₹10,420 | ₹39.54 | 15.41% | 10.80% | 14.06% |
| Nippon India ETF Nifty Bank Bees |
₹7,917 | ₹598.81 | 10.65% | 8.57% | 11.98% |
| Nippon India Banking & Financial Services Fund-Growth |
₹7,367 | ₹633.84 | 11.02% | 11.08% | 12.46% |
Navi Nifty Bank Index Fund Direct-Growth Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Hdfc Bank Ltd | Financial | 29.01% | ₹184.34 Cr |
| Hdfc Bank Ltd | Financial | 27.69% | ₹183.25 Cr |
| Hdfc Bank Ltd | Financial | 28.02% | ₹180.21 Cr |
| Hdfc Bank Ltd | Financial | 28.02% | ₹180.21 Cr |
| Hdfc Bank Ltd | Financial | 28.53% | ₹174.35 Cr |
| Hdfc Bank Ltd | Financial | 28.53% | ₹174.35 Cr |
| Hdfc Bank Ltd | Financial | 25.19% | ₹170.39 Cr |
| Icici Bank Ltd | Financial | 26.40% | ₹167.75 Cr |
| Icici Bank Ltd | Financial | 23.04% | ₹152.48 Cr |
| Icici Bank Ltd | Financial | 24.41% | ₹149.19 Cr |
| Icici Bank Ltd | Financial | 24.41% | ₹149.19 Cr |
| Icici Bank Ltd | Financial | 23.05% | ₹148.24 Cr |
| Icici Bank Ltd | Financial | 23.05% | ₹148.24 Cr |
| Hdfc Bank Ltd | Financial | 22.07% | ₹146.96 Cr |
| Icici Bank Ltd | Financial | 20.21% | ₹136.68 Cr |
| Hdfc Bank Ltd | Financial | 19.61% | ₹131.29 Cr |
| Hdfc Bank Ltd | Financial | 19.24% | ₹122.73 Cr |
| Hdfc Bank Ltd | Financial | 19.24% | ₹122.73 Cr |
| Hdfc Bank Ltd | Financial | 19.24% | ₹122.73 Cr |
| Hdfc Bank Ltd | Financial | 19.24% | ₹122.73 Cr |
Top Equity Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Nippon India ETF Nifty PSU Bank Bees |
₹95.58 | 19.36% | 24.59% | - |
| Kotak Nifty PSU Bank Exchange Traded Fund |
₹85.66 | 19.34% | 24.59% | - |
| Invesco India Financial Services Fund Direct-Growth |
₹177.73 | 16.66% | 13.74% | - |
| Invesco India Financial Services Fund Direct-IDCW |
₹91.47 | 16.66% | 13.74% | - |
| Sundaram Financial Services Opportunities Fund Direct-Growth |
₹121.84 | 11.90% | 12.63% | - |
| Sundaram Financial Services Opportunities Fund Direct-IDCW |
₹33.23 | 11.90% | 12.63% | - |
| Invesco India Financial Services Fund Regular-Growth |
₹146.26 | 15.16% | 12.25% | - |
| Invesco India Financial Services Fund Regular-IDCW |
₹74.59 | 15.16% | 12.25% | - |
| SBI Banking & Financial Services Fund Direct-Growth |
₹49.80 | 16.62% | 12.02% | - |
| SBI Banking & Financial Services Fund Direct-IDCW |
₹44.52 | 16.62% | 12.02% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Navi Nifty Bank Index Fund Direct-Growth
What is the current AUM of Navi Nifty Bank Index Fund Direct-Growth?
As of Wed Sep 30, 2026, Navi Nifty Bank Index Fund Direct-Growth manages assets worth ₹613.2 crore
How has Navi Nifty Bank Index Fund Direct-Growth performed recently?
- 3 Months: 0.07%
- 6 Months: 6.50%
What is the long-term performance of Navi Nifty Bank Index Fund Direct-Growth?
- 3 Years CAGR: 10.64%
- Since Inception: 9.28%
What is the portfolio composition of Navi Nifty Bank Index Fund Direct-Growth?
Equity: 99.99%, Others: 0.01%.
Who manages Navi Nifty Bank Index Fund Direct-Growth?
Navi Nifty Bank Index Fund Direct-Growth is managed by Ashutosh Shirwaikar from Navi Mutual Fund.
What is the market-cap allocation of Navi Nifty Bank Index Fund Direct-Growth?
Large Cap: 76.07%, Mid Cap: 23.93%.
Which are the top companies Navi Nifty Bank Index Fund Direct-Growth has invested in?
- HDFC Bank Ltd – 29.01% of the fund's portfolio
- HDFC Bank Ltd – 27.69% of the fund's portfolio
- HDFC Bank Ltd – 28.02% of the fund's portfolio
- HDFC Bank Ltd – 28.02% of the fund's portfolio
- HDFC Bank Ltd – 28.53% of the fund's portfolio
Which are the major sectors Navi Nifty Bank Index Fund Direct-Growth focuses on?
- Financial – 478.20% of the fund's portfolio
