
Navi Nifty Bank Index Fund Direct Growth
Navi Nifty Bank Index Fund Direct Growth
as on 30 Oct 2026
Navi Nifty Bank Index Fund Direct Growth is a mutual fund scheme launched on 04 Feb 2022. The current NAV stands at ₹14.4346 as of 30 Oct 2026. From the funds total AUM, its top holdings include HDFC Bank at 17.82%, ICICI Bank at 13.55%, Axis Bank at 10.22%, Kotak Bank at 9.75%, State Bank of India at 9.02%
Scheme Overview
- Inception Date : 04 Feb 2022
- AUM : ₹613.17 Cr
- 3Y Returns (CAGR) : 8.90%
- Expense Ratio : 0.23%
- Min. SIP : ₹100
- Min. Lumpsum : ₹100
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 20.70 L
8.90%
Total Investment
₹ 18,00,000
Returns
₹ 2,69,761 (8.90%)
Maturity Value
₹ 20,69,761
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 613.17 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹613.17 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 99.41% | ||
| Other | 0.59% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() H HDFC Bank | 17.82% | |
![]() I ICICI Bank | 13.55% | |
![]() A Axis Bank | 10.22% | |
![]() K Kotak Bank | 9.75% | |
![]() S State Bank of India | 9.02% | |
![]() F Federal Bank | 6.34% | |
![]() I Indusind Bank | 5.37% | |
![]() A AU Small Finance Bank | 4.84% | |
![]() B Bank of Baroda | 4.44% | |
![]() I IDFC First Bank | 4.24% | |
![]() C Canara Bank | 3.96% | |
![]() Y Yes Bank | 3.65% | |
![]() P Punjab National Bank | 3.28% | |
![]() U Union Bank of India | 2.91% | |
![]() T Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | 0.59% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 100.00
AUM (in Cr.)
₹ 613.17
Expense Ratio
0.23%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
04 Feb 2022
Fund Age
4 Yrs
Benchmark
Nifty Bank TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Rushabh Patel | Bachelor's degree in technology in mechanical engineering from Pandit Deendayal Petroleum University, Gandhinagar and a Master's degree in business administration in finance from Great Lakes Institute of Management |
Fund 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.
Risk-O-Meter
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
No. of Schemes
17
Total AUM
₹ 7,308.36 Cr
Contact Details
Vaishnavi Tech Square, 7th Floor,Iballur Village, Begur Hobli,Bengaluru, Karnataka 560102
Contact Details
Vaishnavi Tech Square, 7th Floor,Iballur Village, Begur Hobli,Bengaluru, Karnataka 560102
FAQs
When was Navi Nifty Bank Index Fund launched?
What is the current NAV of Navi Nifty Bank Index Fund?
What is the AUM of Navi Nifty Bank Index Fund?
What is the rate of return of Navi Nifty Bank Index Fund?
- In the past 1Y: -5.42%
- In the past 3Y: 8.90%
- In the past 5Y: 0.00%
What is the expense ratio of Navi Nifty Bank Index Fund?
What is exit load of Navi Nifty Bank Index Fund?
What is the portfolio of Navi Nifty Bank Index Fund?
- HDFC Bank: 17.82%
- ICICI Bank: 13.55%
- Axis Bank: 10.22%
- Kotak Bank: 9.75%
- State Bank of India: 9.02%
Top 3 sectoral holdings include:
- Financial Services: 99.41%
- Others: 0.59%
How risky is investing in Navi Nifty Bank Index Fund?
Who is the fund manager Navi Nifty Bank Index Fund?
What is the minimum investment required in Navi Nifty Bank Index Fund?
How to invest in Navi Nifty Bank Index Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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