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Navi Nifty Bank Index Fund (G)

OtherIndex Fund

Last Updated NAV Date: 30 Jul 2026

3 Year Returns

7.72%

NAV (₹)

14.5752

1 Day NAV Change

-0.10%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 100
AUM₹ 637.86 Cr
Expense Ratio1.1%
Lock-in PeriodNo Lock-in Period
Inception Date04 Feb 2022
Fund Age4 Yrs

Exit Load

Nil

Fund’s Investment Objective

The investment objective of the scheme is to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank Index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

₹4,12,432

Invested Amount

₹3,00,000

Est. Returns

₹1,12,432

Scheme’s Historical Return

1 Month Return-0.97%
3 Month Return3.45%
6 Month Return-4.69%
1 Year Return1.33%
3 Year Return7.72%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 30 Jun 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
100.00%₹ 637.862

Stock Holdings

Last Updated: 30 Jun 2026
NameAllocationWeightageValue (in Cr.)Sector
HDFC Bank
19.24%₹ 122.726Banks
ICICI Bank
14.11%₹ 89.996Banks
SBI
9.99%₹ 63.731Banks
Axis Bank
9.56%₹ 60.974Banks
Kotak Mah. Bank
9.28%₹ 59.188Banks
Federal Bank
6.64%₹ 42.375Banks
IndusInd Bank
4.97%₹ 31.709Banks
AU Small Finance
4.62%₹ 29.491Banks
IDFC First Bank
4.34%₹ 27.699Banks
Bank of Baroda
3.99%₹ 25.421Banks

Fund Manager Details

Mr. Ashutosh has over 8 years of experience in the Mutual Fund industry. He joined as the Associate Manager of Navi AMC Limited and was earlier associated as Research Analyst with Quantum AMC Limited and prior to that he served as Manager with ICICI Bank Limited, Financial Institutions. MBA (Finance) - JBIMS, Mumbai University - B.Tech, Mechanical Mumbai University

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Navi Mutual Fund

Funds Managed

17

Assets Managed

₹ 9,453.12 Cr

Contact Details

https://www.navimutualfund.com
mf@navi.com
+91 8147544555

Registered Address

Vaishnavi Tech Square, 7th Floor,Iballur Village, Begur Hobli,Bengaluru, Karnataka 560102

Managing Director

Mr. Sachin Bansal

Chief Executive Officer

Aditya Venkatesh Mulki

Compliance Officer

Sweta Bharat Shah

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from Navi Nifty Bank Index Fund (G) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Navi Nifty Bank Index Fund (G) is ₹ 100 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Navi Nifty Bank Index Fund (G) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Navi Nifty Bank Index Fund (G) over the past three years is 7.72%.
The current NAV of Navi Nifty Bank Index Fund (G) is 14.5752.
The Expense ratio of Navi Nifty Bank Index Fund (G) is 1.1%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Navi Nifty Bank Index Fund (G) fund is ₹ 637.86 Cr. It represents the total assets held and managed by the fund.
The exit load for Navi Nifty Bank Index Fund (G) is Nil.
The fund managers of the Navi Nifty Bank Index Fund (G) are Ashutosh Shirwaikar. However, with management's discretion, the fund manager could also change during the tenure.
Navi Nifty Bank Index Fund (G) was launched on 04 Feb 2022. Since then, the fund has formed an NAV (Net Asset Value) of 14.5752.

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