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Navi Mutual Fund

Navi AMC (formerly Essel mutual fund) is founded by Sachin Bansal (co-founder and ex-Chairman of Flipkart) and Ankit Agarwal (ex-banker with Deutsche Bank and Bank of America). The AMC's sponsor is Anmol Como Broking Private Limited and it is registered with the Securities & Exchange Board of India (SEBI) under the same name. The investment manager of Navi Mutual Funds is Navi AMC Limited and the trustee to Navi AMC Limited is Navi Trustee Limited. Not only confined to Navi AMC, Navi also offers a plethora of financial services and products including Personal Loans, Home Loans, vehicle Loans (two wheeler), SME Business Loans and also General Insurance.

Navi AMC was started in December 2018 with a mission to make financial services hassle-free, affordable and simply accessible. It leverages a technology-driven and customer-centric approach to establish products in the financial services space. In January 2021, Navi acquired Essel Finance Mutual Fund and renamed it to Navi.

List of Navi Mutual Fund in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Navi Large & Midcap FundEquityVery High47.6%4₹142
Navi Flexi Cap FundEquityVery High35.4%3₹210
Navi Large Cap Equity FundEquityVery High30.1%3₹108
Navi Long Term Advantage FundEquityVery High32.6%3₹65
Navi 3 in 1 FundHybridVery High24.7%3₹18
Navi Equity Hybrid FundHybridVery High24.1%3₹101
Navi Regular Savings FundHybridModerately High8.3%3₹30
Navi Ultra Short Term FundDebtLow to Moderate3.0%2₹16
Navi Liquid FundDebtLow to Moderate3.5%2₹86
Navi Nifty 50 Index FundOtherVery HighN.A₹153
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Key information about Navi AMC Limited

Mutual fundNavi Mutual Fund
Asset management companyNavi AMC Limited
Set upNavi was setup in December 2018 but acquired Essel mutual fund in Jan 2021
IncorporatedDecember 2018
SponsorsAnmol Como Broking Private Limited
TrusteeNavi Trustee Limited
MD and CEOMr. Saurabh Jain
CIOMr. Saravana Kumar
Compliance OfficerMr. Madangopal Jalan

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How can you invest in Navi Mutual Fund?

Follow the steps mentioned below to invest in Navi Mutual Fund online:

Step 1. Log-in to your Groww account or register to create a new one.

Step 2. Upload your identity proof documents - Voter ID, Aadhaar, PAN, Driving License, Passport, Central or State Government ID card, etc.

Step 3. Upload your address proof documents - any identity KYC document with your permanent address, etc.

Step 4. Select the period you want to invest in.

Step 5. Choose your preferred risk level - low, mid, or high.

Step 6. Select the Navi Mutual Fund you want to invest in.

Step 7. Click on “Invest One Time” if you want to invest a lump sum amount; click “Start SIP” if you want to invest via SIP.

Your Groww account will reflect the Navi Mutual Fund in India you have invested in within 3 to 4 working days.

Top Fund Managers

1. Mr. Saravana Kumar

Mr. Saravana Kumar is currently the Chief Investment Officer (CIO) at Navi Mutual Fund since 2019. He manages an AuM of Rs. 500 Crore invested in 22 schemes like Navi Multi Cap Fund, Navi Equity Hybrid Fund, etc.

Before joining Essel, Mr. Kumar was the CIO of LIC Mutual Fund. He has also worked with UTI Mutual Fund, SBI Mutual Fund, and ICICI Bank.

Mr. Kumar holds a BE in Electronics and Communication degree from the Government College of Engineering and an MBA degree from IIM Bangalore. He is also a CAIIB from the Indian Institute of Bankers and has completed the Management Development Programme (MDP) on Financial Markets from Merrill Lynch.

2. Mr. Pradeep Sukte

Mr. Pradeep Sukte is positioned as Dealer - Equity & Fund Manager of Navi Arbitrage Fund. Before working with Navi, he worked with Sahara Asset Management Co. Pvt. Ltd., IDFC Securities Limited, Quantum Securities Private Limited, UTI Securities Limited and HDFC Securities Limited. He is a B.Com graduate and has done CFA.

3. Mr. Girish Raj

With a rich experience spanning over 17 years of experience, Mr. Girish Raj works as an analyst in Portfolio Management Services and Broking industry. He has previously worked as Equity Analyst with leading companies including Quest, Independent Research Private Limited (IRPL) and IFCI Financial Services Ltd (IFIN).

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Navi Large & Midcap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 23.69% & 18.82%. The Navi Large & Midcap Fund comes under the Equity category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Large & Midcap Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹142Cr
1Y Returns47.6%

Navi Flexi Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.36% & null%. The Navi Flexi Cap Fund comes under the Equity category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Flexi Cap Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹210Cr
1Y Returns35.4%

Navi Large Cap Equity Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.54% & 16.79%. The Navi Large Cap Equity Fund comes under the Equity category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Large Cap Equity Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹108Cr
1Y Returns30.1%

Navi Long Term Advantage Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.83% & 16.31%. The Navi Long Term Advantage Fund comes under the Equity category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Long Term Advantage Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹65Cr
1Y Returns32.6%

Navi 3 in 1 Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.03% & 12.36%. The Navi 3 in 1 Fund comes under the Hybrid category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi 3 in 1 Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹18Cr
1Y Returns24.7%

Navi Equity Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16% & null%. The Navi Equity Hybrid Fund comes under the Hybrid category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Equity Hybrid Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹101Cr
1Y Returns24.1%

Navi Regular Savings Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.12% & 7.47%. The Navi Regular Savings Fund comes under the Hybrid category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Regular Savings Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹30Cr
1Y Returns8.3%

Navi Ultra Short Term Fund Super Institutional Plan Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.77% & 5.7%. The Navi Ultra Short Term Fund comes under the Debt category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Ultra Short Term Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹16Cr
1Y Returns3.0%

Navi Liquid Fund Super Institutional Plan Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.43% & 5.54%. The Navi Liquid Fund comes under the Debt category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Liquid Fund is ₹1,000 and for SIP, it is ₹500.

Min Investment Amt₹1,000
AUM₹86Cr
1Y Returns3.5%

Navi Nifty 50 Index Fund Direct Growth

Fund Performance: The Navi Nifty 50 Index Fund comes under the Other category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Nifty 50 Index Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹153Cr
1Y ReturnsNA

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