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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹100

AUM (Fund size)

₹557 Cr

Lock In Period

N/A

Expense Ratio

0.91

Benchmark

Nifty Bank Total Return

Exit Load

Nil

Summary

Latest details for Navi Nifty Bank Index Fund Growth include a ₹13.6272 NAV as of May 12,2026 and returns since inception of 21.54%. Minimum investments start at SIP ₹100. The Navi Nifty Bank Index Fund Growth AUM is ₹557 Cr, with a lock-in of N/A years, expense ratio of 0.91%, and benchmark Nifty Bank Total Return. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded -4.32% returns, against a category average of -1.24% and a category best of 19.30%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-4.32-1.2419.30
6M-8.64-0.1768.00
1Y-3.582.84176.52
3Y6.7210.40255.49

Portfolio Analysis

  • Equity: 100.14%
  • Debt: -0.14%
  • Others
As on: 2026-03-31
View allocation % by

1. HDFC BANK LIMITED19.03%
2. ICICI BANK LIMITED14.13%
3. AXIS BANK LIMITED10.03%
4. KOTAK MAHINDRA BANK LIMITED9.75%
5. THE FEDERAL BANK LIMITED6.19%
6. INDUSIND BANK LIMITED4.80%
7. AU SMALL FINANCE BANK LIMITED4.50%
8. IDFC FIRST BANK LIMITED3.81%
9. YES BANK LTD2.96%

1. STATE BANK OF INDIA9.95%
2. BANK OF BARODA4.45%
3. CANARA BANK4.06%
4. PUNJAB NATIONAL BANK3.38%
5. UNION BANK OF INDIA3.10%

About Fund

Navi Nifty Bank Index Fund Growth managed by Navi Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹557 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.91. Under the expert guidance of Ashutosh Shirwaikar ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Ashutosh Shirwaikar

Mr. Ashutosh Shirwaikar is a post graduate in MBA Finance from JBIMS, Mumbai. Prior to joining Navi Mutual Fund, Mr. Shirwaikar has worked for more than 6 years at Quantum Advisors Ltd. During his tenure he has covered sectors like Auto, Chemicals, Pharma, Power, and Media.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundTata Nifty Private Bank Exchange Traded Fund Growth09.76 CR0.2
This FundLIC MF BSE Sensex Index Fund Growth090.99 CR1.16
This FundNavi Nifty Bank Index Fund Growth0557.33 CR0.91
This FundHDFC Silver ETF Growth07282.24 CR0.5
This FundICICI Prudential Silver ETF Growth014511.43 CR0.4
Fund Name1Y3Y
This FundTata Nifty Private Bank Exchange Traded Fund Growth-5.939218.5998
This FundLIC MF BSE Sensex Index Fund Growth-9.447120.6608
This FundNavi Nifty Bank Index Fund Growth-3.578221.5412
This FundHDFC Silver ETF Growth175.0402254.656
This FundICICI Prudential Silver ETF Growth171.6213255.4857

FAQs

Navi Nifty Bank Index Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Navi Nifty Bank Index Fund Growth is 0.91. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Navi Nifty Bank Index Fund Growth’s fund performance is as follows:
  • 1 Month : -4.32%
  • 6 Months : -8.64%
  • 1 Year : -3.58%
  • 3 Years : 6.72%
Returns of Navi Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 13.6272 as on May 12,2026. Since inception, the return has been 21.54%.

You can invest in Navi Nifty Bank Index Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Navi Nifty Bank Index Fund Growth is ₹557 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Navi Nifty Bank Index Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500