| Launch date | 17 Jul 2024 |
| Allotment date | 01 Aug 2024 |
| End date | 30 Jul 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.36%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Ashutosh ShirwaikarJul 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #36 in India |
|---|---|
| Total AUM | ₹9,103.70Cr |
| Date of Incorporation | 04 Dec 2009 |
|---|
Navi Nifty 500 Multicap 50:25:25 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. Aditya Mulki is the Current Fund Manager of Navi Nifty 500 Multicap 50:25:25 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,104 Cr and the Latest NAV as of 02 Apr 2026 is ₹8.96. The Navi Nifty 500 Multicap 50:25:25 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 return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error. ;
| Fund benchmark | Nifty 500 Multicap 50:25:25 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Multi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Kotak Multicap Fund Direct Growth | 5 | 5.3% | 22.5% | 23,886.02 |
Axis Multicap Fund Direct Growth | 4 | 1.6% | 21.1% | 9,361.08 |
HSBC Multi Cap Fund Direct Growth | 5 | 3.1% | 20.8% | 5,301.35 |
Nippon India Multi Cap Fund Direct Growth | 5 | 2.1% | 19.5% | 50,820.01 |
ICICI Prudential Multicap Fund Direct Plan Growth | 4 | 0.3% | 18.1% | 16,315.09 |