How to Invest in Navi Nifty IT Index Fund Direct Growth?

You can easily invest in Navi Nifty IT Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Navi Nifty IT Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Navi Nifty IT Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Navi Nifty IT Index Fund Direct Growth provide?

The Navi Nifty IT Index Fund Direct Growth has been there from 26 Mar 2024 and the average annual returns provided by this fund is -15.45% since its inception.

How much expense ratio is charged by Navi Nifty IT Index Fund Direct Growth?

The term Expense Ratio used for Navi Nifty IT Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Navi Nifty IT Index Fund Direct Growth is 0.36% as of 09 Feb 2026...

What is the AUM of Navi Nifty IT Index Fund Direct Growth?

The AUM, short for Assets Under Management of Navi Nifty IT Index Fund Direct Growth is ₹26.42Cr as of 09 Feb 2026.

How to Redeem Navi Nifty IT Index Fund Direct Growth?

If you want to sell your Navi Nifty IT Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Navi Nifty IT Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of Navi Nifty IT Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Navi Nifty IT Index Fund Direct Growth?

The NAV of Navi Nifty IT Index Fund Direct Growth is ₹10.57 as of 06 Feb 2026.

What is the PE and PB ratio of Navi Nifty IT Index Fund Direct Growth?

The PE ratio ratio of Navi Nifty IT Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Navi Nifty IT Index Fund Direct Growth

Name: Navi Nifty IT Index Fund Direct Growth
Brand: Navi Mutual Fund

Equity

Sectoral

Very High Risk

All

NAV: 06 Feb '26

₹10.57

Min. SIP amount

₹100

Fund size

₹26.42 Cr

Expense ratio

0.36%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
3 months	₹15,000	₹13,916	-7.23%
6 months	₹30,000	₹26,237	-12.54%
1 year	₹60,000	₹53,480	-10.87%

Holdings (10)

Name	Sector	Instruments	Assets
Infosys Ltd.	Technology	Equity	28.79%
Tata Consultancy Services Ltd.	Technology	Equity	21.32%
HCL Technologies Ltd.	Technology	Equity	11.16%
Tech Mahindra Ltd.	Technology	Equity	9.48%
Wipro Ltd.	Technology	Equity	7.05%
Persistent Systems Ltd.	Technology	Equity	6.40%
LTIMindtree Ltd.	Technology	Equity	5.28%
Coforge Ltd.	Technology	Equity	5.22%
Mphasis Ltd.	Technology	Equity	2.99%
Oracle Financial Services Software Ltd.	Technology	Equity	1.72%

Minimum investments

Min. for 1st investment

₹100

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3M	6M	1Y	All
Fund returns	+1.1%	+4.5%	-15.4%	+5.7%
Category average (Equity Sectoral)	--	--	-8.4%	--
Rank (Equity Sectoral)	7	6	9	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

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%.

Check past data

Fund management

AS
Ashutosh Shirwaikar
Mar 2024 - Present
View details

Education

Mr. Shirwaikar has done MMS and CFA

Experience

Prior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank

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About Navi Nifty IT Index Fund Direct Growth

Navi Nifty IT Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Ashutosh Shirwaikar is the Current Fund Manager of Navi Nifty IT Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,134 Cr and the Latest NAV as of 06 Feb 2026 is ₹10.57. The Navi Nifty IT Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;

Investment Objective

The scheme seeks to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT Index, subject to tracking error.

Fund benchmarkNIFTY IT Total Return Index

Scheme Information Document(SID)