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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.

Top Performing Navi Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Navi Large & Midcap FundEquityVery High63.8%4star133
Navi Flexi Cap FundEquityVery High51.6%3star211
Navi Large Cap Equity FundEquityVery High51.7%3star106
Navi Long Term Advantage FundEquityVery High49.6%3star67
Navi 3 in 1 FundHybridVery High31.4%3star18
Navi Equity Hybrid FundHybridVery High38.8%3star111
Navi Regular Savings FundHybridModerate11.7%3star31
Navi Ultra Short Term FundDebtLow to Moderate3.0%2star19
Navi Liquid FundDebtLow to Moderate3.2%2star85
Navi Nifty 50 Index FundOtherVery HighN.Astar102
View All Top Performing Navi Mutual Fund

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: This fund has consistently performed above the benchmark in Large & MidCap segment. It has given a commendable 20.23% annual returns in the last three years. In the previous year, it delivered 63.83% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹1,000
AUM133Cr
1Y Returns63.8%

Navi Flexi Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Flexi Cap segment. It has given a commendable 17.85% annual returns in the last three years. In the previous year, it delivered 51.58% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹1,000
AUM211Cr
1Y Returns51.6%

Navi Large Cap Equity Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 16.68% annual returns in the last three years. In the previous year, it delivered 51.68% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹1,000
AUM106Cr
1Y Returns51.7%

Navi Long Term Advantage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 15.58% annual returns in the last three years. In the previous year, it delivered 49.65% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM67Cr
1Y Returns49.6%

Navi 3 in 1 Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Multi Asset Allocation segment. It has given a commendable 14.43% annual returns in the last three years. In the previous year, it delivered 31.37% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹1,000
AUM18Cr
1Y Returns31.4%

Navi Equity Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive Hybrid segment. It has given a commendable 14.31% annual returns in the last three years. In the previous year, it delivered 38.78% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹1,000
AUM111Cr
1Y Returns38.8%

Navi Regular Savings Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Conservative Hybrid segment. It has given a commendable 8.18% annual returns in the last three years. In the previous year, it delivered 11.72% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹1,000
AUM31Cr
1Y Returns11.7%

Navi Ultra Short Term Fund Super Institutional Plan Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 5.32% annual returns in the last three years. In the previous year, it delivered 3% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹1,000
AUM19Cr
1Y Returns3.0%

Navi Liquid Fund Super Institutional Plan Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Liquid segment. It has given a commendable 4.84% annual returns in the last three years. In the previous year, it delivered 3.16% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹1,000
AUM85Cr
1Y Returns3.2%

Navi Nifty 50 Index Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Index segment. In the previous year, it delivered NA returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Other mutual funds in India.

Min Investment Amt₹500
AUM102Cr
1Y ReturnsNA

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