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navi nifty bank index fund regular growth
Navi Nifty Bank Index Fund Regular Growth

Navi Nifty Bank Index Fund Regular Growth

  • Very High Risk
  • Equity
  • Index Funds
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 14.60170.43%1 Day Change
2.66%
Minimum Investment₹10
Expense Ratio0.80%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Navi Nifty Bank Index Fund Regular Growth
VS
Equity: Index Funds Average NAV
    Topper in Equity: Index Funds
    ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Navi Nifty Bank Index Fund Regular Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty Bank TR INR
    Expense Ratio
    0.80%
    Category Avg Expense Ratio
    0.24%
    Minimum Investment (Lumpsum/SIP)
    ₹ 10 /₹ 10
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 646.77 Cr(As on May, 2025)
    Inception Date
    Feb 04, 2022
    Turnover
    28.00 %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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.

    Navi Nifty Bank Index Fund Regular Growth is an Equity - Index Funds fund. The fund was launched inFeb 04, 2022. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹14.60. Its expense ratio is 0.80 %. The fund has an AUM of ₹646.77 Cr.The fund is managed byAditya Mulki,Ashutosh Shirwaikar.
    The minimum initial investment is  ₹10 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Aditya Mulki
    Aditya Mulki
    i
    Lead Fund Manager.
    Mar 18, 2022 - Present
    • Fund Manager Rank--Out of 0
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed13
    • Total AUM₹ 7,848.37 Cr
    • Highest Return In 1 Yr16.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Navi Nifty 50 Index Fund Direct Growth
    --
    ₹ 16.61
    3.62%
    -%
    Very High Risk
    ₹3,301.35Cr
    Navi Nifty Bank Index Fund Direct Growth
    --
    ₹ 14.96
    2.74%
    -%
    Very High Risk
    ₹646.77Cr
    Navi Regular Savings Fund Direct Plan Growth Option
    ₹ 31.45
    -0.61%
    -1.28%
    Moderately High risk
    ₹35.76Cr
    Navi Nifty 50 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.61
    • Fund Size₹3,301.35Cr
    Fund Return3.62%
    Category Return--
    Navi Nifty Bank Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.96
    • Fund Size₹646.77Cr
    Fund Return2.74%
    Category Return--
    Navi Regular Savings Fund Direct Plan Growth Option
    Moderately High risk
    • NAV₹ 31.45
    • Fund Size₹35.76Cr
    Fund Return-0.61%
    Category Return-1.28%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ashutosh Shirwaikar
    Ashutosh Shirwaikar
    i
    Lead Fund Manager.
    Feb 14, 2025 - Present
    • Fund Manager Rank--Out of 0
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed13
    • Total AUM₹ 7,848.37 Cr
    • Highest Return In 1 Yr16.73 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Navi Flexi Cap Fund Direct Growth
    ₹ 26.36
    3.51%
    3.41%
    Very High Risk
    ₹255.21Cr
    Navi Nifty Midcap 150 Index Fund Direct Growth
    --
    ₹ 20.76
    3.03%
    -%
    Very High Risk
    ₹286.01Cr
    Navi Large & Mid Cap Fund Direct Plan Growth
    ₹ 42.89
    2.63%
    3.38%
    Very High Risk
    ₹314.41Cr
    Navi Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 26.36
    • Fund Size₹255.21Cr
    Fund Return3.51%
    Category Return3.41%
    Navi Nifty Midcap 150 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 20.76
    • Fund Size₹286.01Cr
    Fund Return3.03%
    Category Return--
    Navi Large & Mid Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 42.89
    • Fund Size₹314.41Cr
    Fund Return2.63%
    Category Return3.38%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (96.20%)
    DEBT (-%)
    CASH (3.80%)
    Allocation by Market Cap
    Large Cap(80.22%)
    Mid Cap(15.98%)
    Industry Holdings
    • Banks Regional100.00%
    Stock Holdings
    • HDFC Bank Ltd26.76%
    • ICICI Bank Ltd24.22%
    • Axis Bank Ltd8.09%
    • State Bank of India7.97%
    • Kotak Mahindra Bank Ltd7.25%
    • IndusInd Bank Ltd3.85%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.86
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.68
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      14.36
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    ICICI Prudential Nifty IT Index Fund Regular GrowthICICI Prudential Nifty IT Index Fund Regular Growth
    --
    ₹ 13.43
    5.93%
    --
    Very High Risk
    ₹ 522.69 Cr
    Axis Nifty IT Index Fund Regular GrowthAxis Nifty IT Index Fund Regular Growth
    --
    ₹ 13.31
    5.91%
    --
    Very High Risk
    ₹ 131.37 Cr
    UTI S&P BSE Housing Index Fund Regular GrowthUTI S&P BSE Housing Index Fund Regular Growth
    --
    ₹ 14.94
    5.47%
    --
    Very High Risk
    ₹ 24.35 Cr
    Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular GrowthAditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth
    --
    ₹ 21.89
    5.07%
    --
    Very High Risk
    ₹ 230.97 Cr
    Axis Nifty Smallcap 50 Index Fund Regular GrowthAxis Nifty Smallcap 50 Index Fund Regular Growth
    --
    ₹ 19.04
    5.06%
    --
    Very High Risk
    ₹ 487.48 Cr
    Kotak Nifty Smallcap 50 Index Fund Regular GrowthKotak Nifty Smallcap 50 Index Fund Regular Growth
    --
    ₹ 21.18
    5.04%
    --
    Very High Risk
    ₹ 129.81 Cr
    ICICI Prudential Nifty IT Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 13.43
    • Fund Size₹ 522.69 Cr
    Fund Return5.93%
    Category Return--
    Axis Nifty IT Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 13.31
    • Fund Size₹ 131.37 Cr
    Fund Return5.91%
    Category Return--
    UTI S&P BSE Housing Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 14.94
    • Fund Size₹ 24.35 Cr
    Fund Return5.47%
    Category Return--
    Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 21.89
    • Fund Size₹ 230.97 Cr
    Fund Return5.07%
    Category Return--
    Axis Nifty Smallcap 50 Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 19.04
    • Fund Size₹ 487.48 Cr
    Fund Return5.06%
    Category Return--
    Kotak Nifty Smallcap 50 Index Fund Regular Growth
    Very High Risk--
    • NAV₹ 21.18
    • Fund Size₹ 129.81 Cr
    Fund Return5.04%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Navi NASDAQ 100 Fund of Fund Direct GrowthNavi NASDAQ 100 Fund of Fund Direct Growth
    --
    ₹ 17.38
    5.17%
    --
    Very High Risk
    ₹ 967.44 Cr
    Navi US Total Stock Market Fund of Fund Direct GrowthNavi US Total Stock Market Fund of Fund Direct Growth
    --
    ₹ 16.59
    4.62%
    --
    Very High Risk
    ₹ 851.56 Cr
    Navi Equity Hybrid Fund Direct GrowthNavi Equity Hybrid Fund Direct Growth
    ₹ 23.75
    4.39%
    2.46%
    Very High Risk
    ₹ 120.52 Cr
    Navi Nifty 50 Index Fund Direct GrowthNavi Nifty 50 Index Fund Direct Growth
    --
    ₹ 16.61
    3.62%
    --
    Very High Risk
    ₹ 3,301.35 Cr
    Navi Nifty India Manufacturing Index Fund Direct GrowthNavi Nifty India Manufacturing Index Fund Direct Growth
    --
    ₹ 17.70
    3.61%
    --
    Very High Risk
    ₹ 61.91 Cr
    Navi ELSS Tax Saver Nifty 50 Index Fund Direct GrowthNavi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
    --
    ₹ 15.32
    3.61%
    3.20%
    Very High Risk
    ₹ 95.12 Cr
    Navi NASDAQ 100 Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.38
    • Fund Size₹ 967.44 Cr
    1 Month Return5.17%
    Category Return--
    Navi US Total Stock Market Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.59
    • Fund Size₹ 851.56 Cr
    1 Month Return4.62%
    Category Return--
    Navi Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 23.75
    • Fund Size₹ 120.52 Cr
    1 Month Return4.39%
    Category Return2.46%
    Navi Nifty 50 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.61
    • Fund Size₹ 3,301.35 Cr
    1 Month Return3.62%
    Category Return--
    Navi Nifty India Manufacturing Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.70
    • Fund Size₹ 61.91 Cr
    1 Month Return3.61%
    Category Return--
    Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.32
    • Fund Size₹ 95.12 Cr
    1 Month Return3.61%
    Category Return3.20%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Navi AMC Limited
    Navi AMC Limited manages assets worth ₹ 8,061.45 crores. It’s current offering of mutual fund schemes includes 16 equity, 2 hybrid schemes.
    phone icon
    Phone
    033-40185000/022-40635000
    mail icon
    Email
    mf@navi.com
    aum
    AUM
    ₹ 8,061.45 Cr (
    As on May 31, 2025
    )
    location
    Address
    3rd Floor, Kolkata,700 069

    bt_logoFAQ's

    What is the category of Navi Nifty Bank Index Fund Regular Growth ?
    The category of Navi Nifty Bank Index Fund Regular Growth is Equity - Index Funds
    What is the current NAV of Navi Nifty Bank Index Fund Regular Growth ?
    The current NAV of Navi Nifty Bank Index Fund Regular Growth as on Jul 04, 2025 is ₹14.60
    How safe is Navi Nifty Bank Index Fund Regular Growth ?
    The risk level of Navi Nifty Bank Index Fund Regular Growth is Very High.
    What are short term returns given by Navi Nifty Bank Index Fund Regular Growth ?
    The return given by Navi Nifty Bank Index Fund Regular Growth in 1 month is 2.66%, 3 months is 11.00%, 6 months is 11.86%, and 1 year is 7.19%
    What are the long term returns given by Navi Nifty Bank Index Fund Regular Growth ?
    The return given by Navi Nifty Bank Index Fund Regular Growth in 3 years is 18.62% and 5 years is --.
    What is the expense ratio of Navi Nifty Bank Index Fund Regular Growth ?
    The expense ratio of Navi Nifty Bank Index Fund Regular Growth is 0.80%
    What is the AUM of Navi Nifty Bank Index Fund Regular Growth ?
    The assets under Management (AUM) of Navi Nifty Bank Index Fund Regular Growth is Rs 646.77 crores.
    What is the minimum investment in Navi Nifty Bank Index Fund Regular Growth ?
    The minimum Lumpsum investment in Navi Nifty Bank Index Fund Regular Growth is ₹10.00 and the minimum SIP investment in Navi Nifty Bank Index Fund Regular Growth is ₹10.00
    What is the asset allocation of Navi Nifty Bank Index Fund Regular Growth?
    Navi Nifty Bank Index Fund Regular Growth has an exposure of 96.20% in Equity and 3.80% in Cash & Money Market Securities

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