Navi Nifty Bank Index Fund- Direct Plan- Growth

Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty Bank IndexISIN INF959L01FT4

NAV · 06-Jul-2026

₹15.3637

+7.21%

-3.40%

1Y (CAGR)

+2.50%

3Y (CAGR)

+9.09%

5Y (CAGR)

—

Since inception (CAGR)

+10.11%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

15.95%

Downside dev (3y)

12.20%

Max drawdown (3y)

-18.4%

Sharpe (3y)

0.16

SIP XIRR (3y)

+8.84%

Calendar-year returns

2023 +12.8%2024 +6.0%2025 +17.8%

Vs benchmark — Nifty Bank

3y monthly · 36 months of overlap

Beta

1.00

Alpha (p.a.)

+0.55%

Up capture

101.0%

Down capture

98.4%

Correlation

1.00

Fund facts

Fund managerAshutosh Shirwaikar

AUM₹6,042 Cr

Expense ratio0.15% · 2026-05-31

TER · AMFI officialDirect 0.22% · Regular 1.10% (2026-06-30)

Launch date17-Jan-2022

Plan typeOpen Ended · Others

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility16.93

AMCNavi AMC Limited

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 documents ↗