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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 · 1.11%Inception · 31-01-2022
NAV
₹14.10
-0.30% · as of 14-10-2026
Since inception
7.63%
CAGR
Benchmark (inception)
17.63%
CAGR
Fund size
₹613 Cr
AUM
Expense ratio
1.11%
29-09-2026
Performance
Returns vs benchmark & category
Since inception: +7.63% CAGR vs benchmark +17.63%.
Portfolio
Where the money is invested
Top holdings
HDFC BANK LIMITED EQ NEW FV RE. 1/-19.24%
ICICI BANK LIMITED EQ NEW FV RS. 2/-14.11%
STATE BANK OF INDIA EQ NEW RE. 1/-9.99%
AXIS BANK LIMITED EQ NE FV RS. 2/-9.56%
Kotak Mahindra Bank Limited9.28%
THE FEDERAL BANK LIMITED EQ NEW FV RS.2/-6.64%
INDUSIND BANK LIMITED EQ4.97%
AU SMALL FINANCE BANK LIMITED EQ4.62%
IDFC FIRST BANK LIMITED EQ4.34%
BANK OF BARODA EQ NEW FV RS. 2/-3.99%
Sector allocation
Financial Services99.66%
Riskometer
LowVery High
Very High
What if you'd SIP'd here?
@ 7.6% p.a.₹10,000
10 years
Projected value
₹18,03,573
Invested: ₹12,00,000
Gained: ₹6,03,573
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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ABSL Nifty India Defence Fund Reg Gr
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3Y
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Motilal Oswal Nifty India Defence Index Fund Reg Gr
₹11.98
1Y
+15.7%
3Y
+0.0%
5Y
+0.0%
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