Q: What are the returns of this mutual fund scheme?

The Navi Nifty Bank Index Fund Direct - Growth is a 4 yrs old fund and has delivered average annual returns of 11.44% since inception. Navi Nifty Bank Index Fund Direct - Growth Returns 1-Year 3-Year Since Inception 19.76% 12.81% 11.44%

Question 1

What is the current NAV of Navi Nifty Bank Index Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Navi Nifty Bank Index Fund - Direct Growth plan is approximately ₹15.4018 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Navi Nifty Bank Index Fund Direct - Growth is a 4 yrs old fund and has delivered average annual returns of 11.44% since inception.

Navi Nifty Bank Index Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
19.76%	12.81%	11.44%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Navi Nifty Bank Index Fund - Direct Growth has an expense ratio of 0.16%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Navi Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately 676 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of Navi Nifty Bank Index Fund?

Accepted Answer

The Navi Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	25.19%
ICICI Bank Ltd.	20.21%
State Bank of India	9.65%
Axis Bank Ltd.	9.31%
Kotak Mahindra Bank Ltd.	9.25%
The Federal Bank Ltd.	4.32%
Indusind Bank Ltd.	3.7%
AU Small Finance Bank Ltd.	3.61%
IDFC First Bank Ltd.	3.6%
Bank Of Baroda	3.5%

Question 6

What are the top sectors Navi Nifty Bank Index Fund has invested in?

Accepted Answer

The Navi Nifty Bank Index Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	25.19%
ICICI Bank Ltd.	20.21%
State Bank of India	9.65%
Axis Bank Ltd.	9.31%
Kotak Mahindra Bank Ltd.	9.25%
The Federal Bank Ltd.	4.32%
Indusind Bank Ltd.	3.7%
AU Small Finance Bank Ltd.	3.61%
IDFC First Bank Ltd.	3.6%
Bank Of Baroda	3.5%

Question 7

What is risk level of Navi Nifty Bank Index Fund?

Accepted Answer

This is a Other Equity Index fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Navi Nifty Bank Index Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Navi Nifty Bank Index Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Navi Nifty Bank Index Fund is complete.

Question 10

How can I redeem my investments in Navi Nifty Bank Index Fund?

Accepted Answer

Redeeming your investments in the Navi Nifty Bank Index Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.16% as on Feb 02, 2026
Exit load	0%
AUM (Fund size)	₹676 Cr
Lock-in Period	Nil
Age	4 yrs since Jan 15, 2022
Benchmark	NIFTY Bank TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	-2.4%	-5.73%
3 Months	0.8%	-6.14%
6 Months	5.47%	-3.29%
1 Year	19.76%	1.28%
2 Years	13.78%	1.44%
3 Years	12.81%	10.74%
4 Years	11.44%	8.24%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Navi Nifty Bank Index Fund	-2.4%	5.47%	19.76%	12.81%	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-0.53%	10.18%	17.33%	26.9%	27.04%	13.41%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	-2.76%	3.32%	6.3%	20.03%	13.68%	7.65%
Motilal Oswal Nifty Bank Index Fund	-2.4%	5.53%	19.79%	12.84%	11.51%	7.91%
SBI BSE PSU Bank Index Fund	-2.18%	24.44%	36.96%	11.05%	6.49%	3.2%
ICICI Prudential Nifty Auto Index Fund	-7.43%	12.25%	15.13%	26.23%	16.33%	7.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Navi Nifty Bank Index Fund	12.17	1.0	0.65	1.29
ICICI Prudential BHARAT 22 FOF	16.57	1.13	1.21	1.89
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	12.35	0.68	1.03	1.92
Motilal Oswal Nifty Bank Index Fund	12.12	1.0	0.66	1.3
SBI BSE PSU Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Auto Index Fund	17.41	0.99	1.09	1.3

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Navi Nifty Bank Index Fund	N.A.	676 Cr	4 yrs	0.16%
ICICI Prudential BHARAT 22 FOF	N.A.	2,500 Cr	7 yrs 7 m	0.12%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	N.A.	171 Cr	5 yrs 3 m	0.52%
Motilal Oswal Nifty Bank Index Fund	N.A.	667 Cr	6 yrs 5 m	0.24%
SBI BSE PSU Bank Index Fund	N.A.	162 Cr	10 m	0.27%
ICICI Prudential Nifty Auto Index Fund	N.A.	194 Cr	3 yrs 4 m	0.4%

Navi Nifty Bank Index Fund Direct - Growth

Historical NAV & returns

Navi Nifty Bank Index Fund overview

Navi Nifty Bank Index Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About Navi Nifty Bank Index Fund

Fund managers

Investment objective

Navi Mutual Fund details

More funds from Navi Mutual Fund

Frequently asked questions

Navi Nifty Bank Index Fund Direct - Growth Returns

ET Money rank

Alpha	-0.08 vs. 2.05 Underperformed at beating benchmark
Sharpe	0.65 vs. 2.08 Poor risk-adjusted returns
Beta	1.0 vs. 0.35 More sensitive to market's ups & downs
Standard deviation	12.17 vs. 4.93 More volatile performance

Fund AUM	676 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	14 view all schemes
Total AUM	8,959 Cr as on Dec 31, 2025
Address	7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur Rd Koramangala Industrial Layout, S.G. Palya. Bangalore, 560095
Email	mf@navi.com
Phone	+91 80 4511 3444 / 1800-103-8999

Fund name	ETM Rank	AUM	1Y	5Y
Navi Large & Midcap Fund	N.A.	315 Cr	3.88%	15.77%
Navi Nifty Midcap 150 Index Fund	N.A.	359 Cr	8.53%	N.A.
Navi Flexi Cap Fund	N.A.	263 Cr	6.8%	14.07%
Navi Nifty India Manufacturing Index Fund	N.A.	52 Cr	13.79%	N.A.
Navi Nifty 50 Index Fund	N.A.	3,894 Cr	8.51%	N.A.
Navi Nifty Next 50 Index Fund	N.A.	1,096 Cr	7.56%	N.A.