NAV on (21 Apr 2026 )
₹15.06 ▲
(+1.40%)
Fund Size
₹557.33 Crores
1Y Returns
4.25 %
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.
Launch Date
January 17, 2022
Fund Manager
Mr. Ashutosh Shirwaikar
Initial Price
10
AUM Fund
557.33 Cr
Min investment
Rs 100
Expense Ratio
0.16%
Daily - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 24 installments.Weekly - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 24 installments.Fortnightly - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 24 installments.Monthly - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Quarterly - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 4 installments.Half Yearly - Rs. 100/- and in multiples of Re. 1/- thereafter. Minimum 2 installments.
Nil
1 Month
+7.36%
6 Months
-1.32%
1 Year
+4.25%
2 Years (CAGR)
+10.46%
3 Years (CAGR)
+11.44%
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 159.29% | 222.34% | ₹30675.57 | |
| 157.82% | 0.00% | ₹1152.55 | |
| 157.04% | 218.17% | ₹1328.16 | |
| 156.17% | 224.97% | ₹14511.43 | |
| 156.13% | 0.00% | ₹5197.1 |
Q: What is the current NAV of Navi Nifty Bank Index Fund - Direct Plan - Growth?
A: The latest NAV of Navi Nifty Bank Index Fund - Direct Plan - Growth is ₹ 15.06 as on 21 Apr 2026.
Q: What type of mutual fund is Navi Nifty Bank Index Fund - Direct Plan - Growth?
A: Navi Nifty Bank Index Fund - Direct Plan - Growth is a 'Equity - Others' type mutual fund managed by 'Navi AMC Limited'.
Q: What is the expense ratio of Navi Nifty Bank Index Fund - Direct Plan - Growth?
A: The expense ratio of Navi Nifty Bank Index Fund - Direct Plan - Growth is 0.16%, which impacts overall returns.
Q: Who manages Navi Nifty Bank Index Fund - Direct Plan - Growth?
A: Navi Nifty Bank Index Fund - Direct Plan - Growth is managed by Mr. Ashutosh Shirwaikar, who oversees investment strategy and portfolio decisions.
Q: Is Navi Nifty Bank Index Fund - Direct Plan - Growth a good investment?
A: Navi Nifty Bank Index Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Navi Nifty Bank Index Fund - Direct Plan - Growth?
A: The exit load of Navi Nifty Bank Index Fund - Direct Plan - Growth is Nil, applicable if redeemed within the specified period.
Q: How is Navi Nifty Bank Index Fund - Direct Plan - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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