Navi Nifty Bank Index Fund · Regular · Growth
NAV
₹14.6053
as of 31 Jul 2026
Expense Ratio
0.91%
AUM
₹615 Cr
Lumpsum returns (CAGR)
- 1Y
- +1.91%
- 3Y
- +7.68%
- 5Y
- —
- Since Inception
- +8.81%
SIP returns (XIRR)
- 1Y
- +1.95%
- 3Y
- +6.84%
- 5Y
- —
- Since Inception
- +8.76%
What history actually did — last 4 years (Aug 2022 – Jul 2026)
A ₹5,000 monthly SIP for the last 4 years (Aug 2022 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹2,73,608 today — ₹2,35,000 invested, 7.8% XIRR.
₹2,35,000
Invested
₹2,73,608
Value today
7.8%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 4 years (Aug 2022 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 4 years ago would be ₹1,49,197 today (10.5% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 4 years (Aug 2022 – Jul 2026) (3 Jun 2024) would be ₹1,11,690 today (1.12×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.23
Sharpe Ratio
—
Alpha
—
Beta
0.23
Sortino
15.93%
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.
Performance Comparison
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Fund Details
Available transactions
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 ₹615 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