|Min SIP Amount||₹500|
|NAV||₹19.87 (18 Jun 2021)|
|Fund Started||30 Dec 2015|
|Fund Size||₹64 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.5%|
|ICICI Bank Ltd.||Financial||Equity||6.3%|
|Reliance Industries Ltd.||Energy||Equity||5.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.0%|
|HCL Technologies Ltd.||Technology||Equity||2.9%|
|Max Financial Services Ltd.||Financial||Equity||2.6%|
|Bajaj Finance Ltd.||Financial||Equity||2.6%|
|Axis Bank Ltd.||Financial||Equity||2.5%|
Navi Long Term Advantage Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 30 Dec 2015. Viral Belawala is the Current Fund Manager of Navi Long Term Advantage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹64 Cr and the Latest NAV as of 18 Jun 2021 is ₹19.87.
The Navi Long Term Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.