Navi Nifty Bank Index Fund Direct Growth

Equity
Sectoral
Very High Risk
+13.07%
3Y annualised
+0.08% 1D
1M
6M
1Y
3Y
All
NAV: 24 Oct 2025
₹15.18
Rating
2
Min. SIP amount
₹100
Fund size
₹611.19Cr

Return calculator

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

Holdings (12)

NameSectorInstrumentAssets
FinancialEquity28.53%
FinancialEquity24.41%
FinancialEquity9.19%
FinancialEquity8.97%
FinancialEquity8.79%
FinancialEquity3.15%
FinancialEquity3.10%
FinancialEquity3.08%
FinancialEquity3.00%
FinancialEquity2.71%
FinancialEquity2.67%
FinancialEquity2.53%
See All

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA14.0%13.1%12.1%
Category averageNA14.9%16.4%NA
Rank with in categoryNA1518NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.16%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Fund management

Fund house & investment objective

Fund house contact details

Address
7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur RdKoramangala Industrial Layout, S.G. Palya. Bangalore 560095
Phone
+91 80 4511 3444 / 1800-103-8999
Launch Date
04 Dec 2009
Navi Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Equity Sectoral

Pros

Exit load is zero
Lower expense ratio: 0.16%

Cons

Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2

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