Navi Nifty Bank Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
1Y
All
NAV: 20 Mar 2023₹10.17
Min. SIP amount₹10
RatingNA
Fund size₹76.64Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Absolute returns
3M6M1YAll
Fund returns14.8%30.1%NA11.9%
Category averageNANA8.1%NA
Rank with in category885NA
Understand terms

Holdings (12)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity28.9%
ICICI Bank Ltd.FinancialEquity24.4%
Kotak Mahindra Bank Ltd.FinancialEquity10.3%
Axis Bank Ltd.FinancialEquity9.8%
State Bank of IndiaFinancialEquity9.4%
Indusind Bank Ltd.FinancialEquity5.9%
Bank Of BarodaFinancialEquity2.5%
AU Small Finance Bank Ltd.FinancialEquity2.4%
The Federal Bank Ltd.FinancialEquity2.3%
Bandhan Bank Ltd.FinancialEquity1.5%
See All

Expense ratio, exit load and tax

Expense ratio: 0.10%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹10
Min. for 2nd investment onwards₹10
Min. for SIP₹10

Fund management

Aditya Mulki
Mar 2022 - Present
View details

Education
Mr. Mulki is a CFA and B.COM
Experience
Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Peerless Mansion, 3rd Floor,1 Chowringhee Square, Kolkata 700069
Phone
033-40185000 / 1800-103-8999
Launch Date
04 Dec 2009
Website
NA
Navi Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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