| Launch date | 03 Jul 2021 |
| Allotment date | 19 Jul 2021 |
| End date | 12 Jul 2021 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.06%
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
Minimum investment amounts
| Min. for 1st investment | ₹10 |
| Min. for 2nd investment onwards | ₹10 |
| Min. for SIP | ₹10 |
Fund management
Aditya MulkiMar 2022 - PresentView details
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
Ashutosh ShirwaikarAug 2023 - PresentView details
Ashutosh Shirwaikar
Aug 2023 - 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
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #36 in India |
|---|---|
| Total AUM | ₹5,359.27Cr |
| Date of Incorporation | 04 Dec 2009 |
|---|
Navi Nifty 50 Index Fund Direct - Growth - NFO is a Other Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Girish Raj is the Current Fund Manager of Navi Nifty 50 Index Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹5,359 Cr and the Latest NAV as of 19 Jul 2021 is ₹10.00. The Navi Nifty 50 Index Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹10. Minimum Lumpsum Investment is ₹10. ;
| Fund benchmark | NA |
|---|
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
E-mail
[email protected]Website
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