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Index Fund📊 Respective Underlying Index(SEBI default)

Navi Nifty Bank Index Fund · Regular · Growth

Navi Mutual Fund

#111 of 243 (1Y)

NAV

₹14.6591

as of 17 Jun 2026

Expense Ratio

0.91%

AUM

₹652 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+3.03%
3Y
+9.05%
5Y
Since Inception
+9.16%

SIP returns (XIRR)

1Y
+3.30%
3Y
+7.76%
5Y
Since Inception
+9.42%

SIP since inception — what ₹100/month became

Real NAV backtest from day one

₹5,200

Invested

₹6,098

Value today

7.5%

XIRR (p.a.)

100/month SIP from fund inception · Current value as of today

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100 lumpsum at launch — value today

Invested on the fund's first NAV date

₹100

Invested

₹140

Value today

8.1%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹8,75,760

Value today

+3.9%

vs lumpsum

STP beat direct lumpsum by 3.9% — reduced timing risk paid off

Model your own STP with real NAV

Risk Metrics

Trailing 1 year, annualised

0.17

Sharpe Ratio

Alpha

Beta

0.17

Sortino

16.10%

Std Dev

-18.46%

Max Drawdown

Portfolio Strategy

This is a passively managed index fund that replicates its benchmark index by holding the same securities in the same proportion.

Tracks:Respective Underlying Index

Performance Comparison

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Fund Details

Fund HouseNavi Mutual Fund
CategoryIndex Fund
BenchmarkRespective Underlying Index
Launch Date17 Jan 2022
AMFI Code149805
Transaction facts
Min. Lumpsum₹10
Min. SIP₹10
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Navi Nifty Bank Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.

About This Fund

Navi Nifty Bank Index Fund · Regular · Growth is a Index Fund mutual fund offered by Navi Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹652 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Respective Underlying Index. The current expense ratio is 0.91%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Cost-conscious investors who prefer passive investing with low expense ratios
  • SIP investors who can benefit from rupee cost averaging during market fluctuations