Navi Nifty Bank Index Fund - Direct Plan - Growth

Navi Mutual Fund · Index Funds · Direct · Growth

NAV · as of 11/09/2026

14.94

+0.24%

Key stats

Expense ratio: 0.15%
AUM: ₹640.00 Cr
Launched: 04/02/2022
Fund manager: Ashutosh Shirwaikar
Portfolio turnover: 0.35%
Risk: Very High Risk
Min lump-sum: ₹100
Min SIP: ₹100/mo
Fresh lump-sum: Accepted
Fresh SIP: Accepted

NAV history

Navi Nifty Bank Index Fund - Direct Plan - Growth

13/08/2026 to 11/09/2026

O - H - L -

1W-1.33%

1M-2.20%

3M+0.06%

MAX+4.57%

Top holdings

15 disclosed

1.
HDFC Bank Ltd
Financial Services
18.20%
2.
ICICI Bank Ltd
Financial Services
14.86%
3.
State Bank of India
Financial Services
10.08%
4.
Kotak Mahindra Bank Ltd
Financial Services
9.31%
5.
Axis Bank Ltd
Financial Services
8.81%
6.
The Federal Bank Ltd
Financial Services
7.29%
7.
IndusInd Bank Ltd
Financial Services
5.49%
8.
AU Small Finance Bank Ltd
Financial Services
4.71%
9.
IDFC First Bank Ltd
Financial Services
4.67%
10.
Bank of Baroda
Financial Services
3.58%
11.
Punjab National Bank
Financial Services
3.37%
12.
Yes Bank Ltd
Financial Services
3.37%
13.
Canara Bank
Financial Services
3.32%
14.
Union Bank of India
Financial Services
2.91%
15.
Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent
0.02%

Sector allocation

Financial Services99.98%
Unclassified0.02%

Comparable peers

ICICI Prudential Nifty Pharma Index Growth Direct Plan
ICICI Pru Nifty Pharma Index (G) · ₹147.90 Cr AUM
1Y+21.17%
3Y+20.55%
-
UTI Nifty 500 Value 50 Index Growth Direct Plan
UTI Nifty 500 Value 50 Index (G) · ₹846.20 Cr AUM
1Y+14.63%
3Y+21.95%
-
Motilal Oswal BSE Enhanced Value Index Growth Direct Plan
Motilal Oswal BSE Enhanced Value Index (G) · ₹2.22 K Cr AUM
1Y+10.12%
3Y+20.25%
-
Navi Nifty Bank Index Growth Direct Plan
Navi Nifty Bank Index (G) · ₹640.00 Cr AUM
1Y+3.90%
3Y+8.30%
-
ICICI Prudential Nifty Auto Index Growth Direct Plan
ICICI Pru Nifty Auto Index (G) · ₹242.30 Cr AUM
1Y+2.42%
3Y+20.30%
-

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.

Scheme details

Scheme code: 149804
Fund house: Navi Mutual Fund
Category: Open Ended
Type: Other Scheme
Sub-category: Index Funds
Plan: Direct
Return type: Growth
ISIN (Growth): INF959L01FT4
ISIN (Div. Reinvest): -
Tradable on exchange: No

Kuvera page