Navi Nifty MidSmallcap 400 Index Fund Direct Growth

Navi Nifty MidSmallcap 400 Index Fund Direct Growth
Equity
Mid Cap
Very High Risk
Launch date24 Nov 2025
Allotment date09 Dec 2025
End date05 Dec 2025
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
25 Nov 2025
NA
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementAshutosh Shirwaikar
Nov 2025 - 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
Navi BSE Sensex Index Fund Direct Growth
Navi Nifty Midcap 150 Index Fund Direct Growth
Navi Nifty Bank Index Fund Direct Growth
Navi Nifty India Manufacturing Index Fund Direct Growth
Navi Nifty Next 50 Index Fund Direct Growth
Navi Nifty IT Index Fund Direct Growth
Navi ELSS Tax Saver Fund Direct Growth
Navi Aggressive Hybrid Fund Direct Growth
Navi Conservative Hybrid Fund Direct Growth
Navi Flexi Cap Fund Direct Growth
Navi Nifty MidSmallcap 400 Index Fund Direct Growth
Navi US Total Stock Market FoF Direct Growth
Navi Nifty 500 Multicap 50:25:25 Index Fund Direct Growth
Navi Nifty Smallcap250 Momentum Quality 100 Index Fund Direct Growth
Navi Large & Midcap Fund Direct Growth
Navi Nifty 50 Index Fund Direct Growth
Navi US NASDAQ 100 FoF Direct Growth
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
Fund house & investment objective
Navi Mutual Fund
Rank (total assets)#36 in India
Total AUM₹9,055.01Cr
Date of Incorporation04 Dec 2009
    Navi Nifty MidSmallcap 400 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 MidSmallcap 400 Index Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹9,055 Cr and     the Latest NAV as of 12 Dec 2025 is ₹10.17.  

    The Navi Nifty MidSmallcap 400 Index Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹100.     Minimum Lumpsum Investment is ₹100.     
  ;
Investment ObjectiveThe scheme seeks to achieve a return equivalent to Nifty MidSmallcap 400 Index by investing in the stocks of companies which comprise the Nifty MidSmallcap 400 Index, subject to tracking error. 
 
;
Fund benchmarkNIFTY Mid Small Cap 400 Total Return Index
Scheme Information Document(SID)
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
www.navimutualfund.com
Peer ComparisonEquity, Mid Cap fundsRating1Y3YFund Size(Cr)
WhiteOak Capital Mid Cap Fund Direct Growth
5
4.5%26.6%4,075.13
Edelweiss Mid Cap Direct Plan Growth
5
1.6%26.1%12,646.93
HDFC Mid Cap Fund Direct Growth
5
4.9%25.4%92,168.85
Motilal Oswal Midcap Fund Direct Growth
5
-10.7%25.1%38,002.68
Nippon India Growth Mid Cap Fund Direct Growth
4
1.0%24.3%42,041.60

Rank (total assets)	#36 in India
Total AUM	₹9,055.01Cr

Date of Incorporation	04 Dec 2009

Fund benchmark	NIFTY Mid Small Cap 400 Total Return Index

Equity, Mid Cap funds	Rating	1Y	3Y	Fund Size(Cr)
WhiteOak Capital Mid Cap Fund Direct Growth	5	4.5%	26.6%	4,075.13
Edelweiss Mid Cap Direct Plan Growth	5	1.6%	26.1%	12,646.93
HDFC Mid Cap Fund Direct Growth	5	4.9%	25.4%	92,168.85
Motilal Oswal Midcap Fund Direct Growth	5	-10.7%	25.1%	38,002.68
Nippon India Growth Mid Cap Fund Direct Growth	4	1.0%	24.3%	42,041.60