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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. Currently the AMC handles assets worth Rs. 697.75 crores as of March 2022.

List of Navi Mutual Fund in India

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Navi Flexi Cap Fund
EquityVery High34.3%3₹249
Navi Large & Midcap Fund
EquityVery High30.3%3₹281
Navi Aggressive Hybrid Fund
HybridVery High28.1%3₹83
Navi Equity Hybrid Fund
HybridVery High21.8%3₹81
Navi Conservative Hybrid Fund
HybridModerate12.8%3₹27
Navi Regular Savings Fund
HybridModerate8.9%3₹26
Navi ELSS Tax Saver Fund
EquityVery High-2.4%2₹59
Navi Large Cap Equity Fund
EquityVery High-0.5%2₹91
Navi 3 in 1 Fund
HybridVery High2.3%2₹15
Navi Liquid Fund
DebtLow to Moderate6.9%2₹105
Navi Ultra Short Term Fund
DebtLow to Moderate3.0%1₹11
Navi Nifty Midcap 150 Index Fund
OtherVery High59.4%--₹107
Navi S&P BSE Sensex Index Fund
OtherVery HighNA--₹9
Navi Nifty Next 50 Index Fund
OtherVery High59.7%--₹196
Navi Nifty India Manufacturing Index Fund
OtherVery High49.2%--₹21
View All

Key information about Navi AMC Limited

Mutual fund nameNavi Mutual Fund
Asset management company nameNavi AMC Limited
AMC Setup DateNavi was setup in December 2018 but acquired Essel mutual fund in Jan 2021
AMC Incorporation DateDecember 2018
Sponsor nameAnmol Como Broking Private Limited
Trustee organisationNavi Trustee Limited
Compliance OfficerMr. Mayuresh Vasant Sonavane
CEOMr. Rajiv Naresh

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How can you invest in Navi Mutual Funds?

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 Navi, 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 15 mutual fund schemes.

Navi Flexi Cap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.81% & 18.49%. 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 ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹249Cr
1Y Returns34.3%

Navi Large & Midcap Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.7% & 18.73%. 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 ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹281Cr
1Y Returns30.3%

Navi Aggressive Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.31% & 14.76%. The Navi Aggressive Hybrid Fund comes under the Hybrid category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Aggressive Hybrid Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹83Cr
1Y Returns28.1%

Navi Equity Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 16.16% & 14.12%. 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 ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹81Cr
1Y Returns21.8%

Navi Conservative Hybrid Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.56% & 7.88%. The Navi Conservative Hybrid Fund comes under the Hybrid category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Conservative Hybrid Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹27Cr
1Y Returns12.8%

Navi Regular Savings Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 7.19% & 7.42%. 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 ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹26Cr
1Y Returns8.9%

Navi ELSS Tax Saver Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.78% & 8.84%. The Navi ELSS Tax Saver Fund comes under the Equity category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.

Min Investment Amt₹500
AUM₹59Cr
1Y Returns-2.4%

Navi Large Cap Equity Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.05% & 8.79%. 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₹91Cr
1Y Returns-0.5%

Navi 3 in 1 Fund Direct Growth

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 11.36% & 8.96%. 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₹15Cr
1Y Returns2.3%

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 5.32% & 5.06%. 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 ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹105Cr
1Y Returns6.9%

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 3.97% & 5.28%. 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₹11Cr
1Y Returns3.0%

Navi Nifty Midcap 150 Index Fund Direct Growth

Fund Performance: The Navi Nifty Midcap 150 Index Fund comes under the Other category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi Nifty Midcap 150 Index Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹107Cr
1Y Returns59.4%

Navi S&P BSE Sensex Index Fund Direct Growth

Fund Performance: The Navi S&P BSE Sensex Index Fund comes under the Other category of Navi Mutual Funds.

Minimum Investment Amount: Lump sum minimum amount for Navi S&P BSE Sensex Index Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹9Cr
1Y ReturnsNA

Navi Nifty Next 50 Index Fund Direct Growth

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

Minimum Investment Amount: Lump sum minimum amount for Navi Nifty Next 50 Index Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹196Cr
1Y Returns59.7%

Navi Nifty India Manufacturing Index Fund Direct Growth

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

Minimum Investment Amount: Lump sum minimum amount for Navi Nifty India Manufacturing Index Fund is ₹10 and for SIP, it is ₹10.

Min Investment Amt₹10
AUM₹21Cr
1Y Returns49.2%

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