AnandRathi

Navi Nifty Bank Index Fund Growth

Last Updated NAV Date: 09 Sep 2026

3 Year Returns

7.36%

NAV (₹)

14.3642

1 Day NAV Change

-0.85%

Navi Nifty Bank Index Fund Growth is a scheme from Navi Mutual Fund AMC, launched on 04 Feb 2022 and currently managing ₹ 640.09 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹100. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.

No chart data available for this period.

Navi Nifty Bank Index Fund Growth Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 100
AUM₹ 640.09 Cr
Expense Ratio1.12%
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-2.59%
3 Month Return2.20%
6 Month Return0.56%
1 Year Return3.34%
3 Year Return7.36%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Navi Nifty Bank Index Fund Growth Sector Holdings

Last Updated: 31 Jul 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
100.00%640.094

Navi Nifty Bank Index Fund Growth Stock Holdings

Last Updated: 31 Jul 2026
NameAllocationWeightageValue (in Cr.)Sector
HDFC Bank
18.20%116.493Banks
ICICI Bank
14.86%95.1Banks
SBI
10.08%64.552Banks
Kotak Mah. Bank
9.31%59.623Banks
Axis Bank
8.81%56.399Banks
Federal Bank
7.29%46.643Banks
IndusInd Bank
5.49%35.167Banks
AU Small Finance
4.71%30.152Banks
IDFC First Bank
4.67%29.873Banks
Bank of Baroda
3.58%22.921Banks

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

18

Assets Managed

₹ 9,453.12 Cr

Contact Details

https://www.navimutualfund.com

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

Explore Popular AMCs

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 Growth 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 Growth 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 Growth 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 Growth over the past three years is 7.36%.
The current NAV of Navi Nifty Bank Index Fund Growth is 14.3642.
The Expense ratio of Navi Nifty Bank Index Fund Growth is 1.12%. 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 Growth fund is ₹ 640.09 Cr. It represents the total assets held and managed by the fund.
The exit load for Navi Nifty Bank Index Fund Growth is Nil.
The fund managers of the Navi Nifty Bank Index Fund Growth are Ashutosh Shirwaikar. However, with management's discretion, the fund manager could also change during the tenure.
Navi Nifty Bank Index Fund Growth was launched on 04 Feb 2022. Since then, the fund has formed an NAV (Net Asset Value) of 14.3642.

Download the AR Invest App

  • 5000+ Schemes
  • Personalized Solutions
  • Expert Insights
Download app from Google Play Store opens in a window
Download app from Apple App Store opens in a window