| Launch date | 24 Nov 2025 |
| Allotment date | 09 Dec 2025 |
| End date | 05 Dec 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
NA
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Ashutosh ShirwaikarNov 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #36 in India |
|---|---|
| Total AUM | ₹8,590.74Cr |
| Date of Incorporation | 04 Dec 2009 |
|---|
Navi Nifty MidSmallcap 400 Index Fund Direct Growth is a NA 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 ₹8,591 Cr and the Latest NAV as of 24 Nov 2025 is ₹10.00. 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 Objective
The 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 benchmark | Nifty MidSmallcap 400 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Technology Fund Direct Growth | NA | 2.0% | 23.7% | 1,950.55 |
Franklin India Mid Cap Fund Direct Growth | 3 | 5.6% | 23.1% | 12,770.14 |
Nippon India Small Cap Fund Direct Growth | 4 | -0.1% | 22.5% | 68,969.15 |
HDFC Small Cap Fund Direct Growth | 4 | 5.3% | 22.2% | 38,412.10 |
Franklin India Small Cap Fund Direct Growth | 4 | -1.9% | 21.8% | 13,789.53 |