Navi Nifty Bank Index Fund Regular Growth

Very High Risk
Equity
Index Funds

NAV as on Apr 23, 2025

Price per unit of the scheme.

₹ 14.1368-0.50%1 Day Change

9.35%

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 Methodology i

RISK-O-METER

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

FUND 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.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Navi Nifty Bank Index Fund Regular Growth

Equity: Index Funds Average NAV

Topper in Equity: Index Funds

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN 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

FUND 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

₹ 585.06 Cr(As on Mar, 2025)

Inception Date

Feb 04, 2022

Turnover

28.00 %

Exit Load

Nil

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 onApr 23, 2025 is ₹14.14. Its expense ratio is 0.80 %. The fund has an AUM of ₹585.06 Cr.The fund is managed byAditya Mulki,Ashutosh Shirwaikar.
The minimum initial investment is ₹10 in Lumpsum mode.

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FUND MANAGER

Aditya Mulki

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₹ 7,633.74 Cr
Highest Return In 1 Yr16.21 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Navi Nifty 50 Index Fund Direct Growth

₹ 15.79

4.16%

Very High Risk

₹2,922.20Cr

Navi Nifty Bank Index Fund Direct Growth

₹ 14.46

9.42%

Very High Risk

₹585.06Cr

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₹ 15.79
Fund Size₹2,922.20Cr

Fund Return4.16%

Category Return--

Navi Nifty Bank Index Fund Direct Growth

Very High Risk--

NAV₹ 14.46
Fund Size₹585.06Cr

Fund Return9.42%

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

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₹ 7,633.74 Cr
Highest Return In 1 Yr16.21 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Navi Flexi Cap Fund Direct Growth

₹ 24.69

3.05%

3.84%

Very High Risk

₹241.43Cr

Navi Nifty Midcap 150 Index Fund Direct Growth

₹ 19.11

5.17%

Very High Risk

₹227.72Cr

Navi Large & Mid Cap Fund Direct Plan Growth

₹ 40.50

4.21%

3.42%

Very High Risk

₹294.92Cr

Navi Flexi Cap Fund Direct Growth

Very High Risk

NAV₹ 24.69
Fund Size₹241.43Cr

Fund Return3.05%

Category Return3.84%

Navi Nifty Midcap 150 Index Fund Direct Growth

Very High Risk--

NAV₹ 19.11
Fund Size₹227.72Cr

Fund Return5.17%

Category Return--

Navi Large & Mid Cap Fund Direct Plan Growth

Very High Risk

NAV₹ 40.50
Fund Size₹294.92Cr

Fund Return4.21%

Category Return3.42%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (100.09%)

DEBT (-%)

CASH (-0.09%)

Allocation by Market Cap

Large Cap(85.26%)

Mid Cap(14.83%)

Industry Holdings

Banks Regional100.00%

Stock Holdings

HDFC Bank Ltd28.30%
ICICI Bank Ltd25.41%
Kotak Mahindra Bank Ltd8.54%
State Bank of India8.52%
Axis Bank Ltd8.41%
The Federal Bank Ltd3.81%

PERFORMANCE 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.
----

HISTORICAL 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.
0.42
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.
0.74
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.
14.70
This Fund
VS
--
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Navi AMC Limited

Navi AMC Limited manages assets worth ₹ 7,767.87 crores. It’s current offering of mutual fund schemes includes 16 equity, 2 hybrid schemes.

Phone

033-40185000/022-40635000

mf@navi.com

AUM

₹ 7,767.87 Cr (

As on Mar 31, 2025

)

Address

3rd Floor, Kolkata,700 069

FAQ'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 Apr 23, 2025 is ₹14.14

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 9.35%, 3 months is 13.70%, 6 months is 7.57%, and 1 year is 15.38%

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 15.15% 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 585.06 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 100.09% in Equity