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Navi Mutual Fund · Index Fund
Navi Nifty Bank Index Fund- Regular Plan- Growth
To achieve return equivalent to Nifty Bank Index by investing in stocks of companies comprising Nifty Bank Index, subject to tracking error
EquityBenchmark · Nifty Bank TRITER · 1.12%Inception · 31-01-2022
NAV
₹14.68
-0.03% · as of 28-08-2026
Since inception
8.80%
CAGR
Benchmark (inception)
17.89%
CAGR
Fund size
₹640 Cr
AUM
Expense ratio
1.12%
31-07-2026
Performance
Returns vs benchmark & category
Since inception: +8.80% CAGR vs benchmark +17.89%.
Portfolio
Where the money is invested
Top holdings
HDFC BANK LIMITED EQ NEW FV RE. 1/-17.82%
ICICI BANK LIMITED EQ NEW FV RS. 2/-13.55%
AXIS BANK LIMITED EQ NE FV RS. 2/-10.22%
Kotak Mahindra Bank Limited9.75%
STATE BANK OF INDIA EQ NEW RE. 1/-9.02%
THE FEDERAL BANK LIMITED EQ NEW FV RS.2/-6.34%
INDUSIND BANK LIMITED EQ5.37%
AU SMALL FINANCE BANK LIMITED EQ4.84%
BANK OF BARODA EQ NEW FV RS. 2/-4.44%
IDFC FIRST BANK LIMITED EQ4.24%
Sector allocation
Financial Services99.39%
Riskometer
LowVery High
Very High
What if you'd SIP'd here?
@ 8.8% p.a.₹10,000
10 years
Projected value
₹19,27,446
Invested: ₹12,00,000
Gained: ₹7,27,446
Illustration based on fund's since-inception return. Past performance is not indicative of future returns.
Risk Analysis
How this fund manages risk
Fund manager
M
Mr. Ashutosh Shirwaikar
Manager since fund inception data not available
ISIN & identifiers
AMFI code
149805
ISIN (Growth)
INF959L01FU2
ISIN (Div Re-inv)
—
Status
Open Ended Schemes
Peers
Other Index Fund funds
ICICI Prudential NASDAQ 100 Index Fund Gr
₹23.91
1Y
+34.6%
3Y
+30.7%
5Y
+0.0%
Motilal Oswal Nifty Capital Market Index Fund Reg Gr
₹12.97
1Y
+31.5%
3Y
+0.0%
5Y
+0.0%
Tata Nifty Capital Markets Index Fund Reg Gr
₹14.82
1Y
+31.3%
3Y
+0.0%
5Y
+0.0%
Motilal Oswal Nifty India Defence Index Fund Reg Gr
₹12.60
1Y
+31.1%
3Y
+0.0%
5Y
+0.0%
ABSL Nifty India Defence Fund Reg Gr
₹13.76
1Y
+30.9%
3Y
+0.0%
5Y
+0.0%
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