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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 · 1.06%Inception · 31-01-2022
NAV
₹14.74
+0.51% · as of 15-07-2026
Since inception
9.15%
CAGR
Benchmark (inception)
17.99%
CAGR
Fund size
₹638 Cr
AUM
Expense ratio
1.06%
31-05-2026
Performance
Returns vs benchmark & category
Since inception: +9.15% CAGR vs benchmark +17.99%.
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?
@ 9.2% p.a.₹10,000
10 years
Projected value
₹19,66,520
Invested: ₹12,00,000
Gained: ₹7,66,520
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
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Motilal Oswal Nifty Mid Small FInancial Services Index Fund Reg Gr
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3Y
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Motilal Oswal Nifty Capital Market Index Fund Reg Gr
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1Y
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3Y
+0.0%
5Y
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Tata Nifty Capital Markets Index Fund Reg Gr
₹14.88
1Y
+18.6%
3Y
+0.0%
5Y
+0.0%
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