Q: What are the returns of Navi Nifty Bank Index Fund?

The Navi Nifty Bank Index Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 12.31% since inception. Navi Nifty Bank Index Fund Returns 1-Year 3-Year Since Inception 9.52% 16.29% 12.31%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Navi Nifty Bank Index Fund - Direct Growth plan is approximately ₹14.9433 as of Jul 21, 2025.

Question 2

What are the returns of Navi Nifty Bank Index Fund?

Accepted Answer

The Navi Nifty Bank Index Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 12.31% since inception.

Navi Nifty Bank Index Fund Returns

1-Year	3-Year	Since Inception
9.52%	16.29%	12.31%

Question 3

How much does Navi Nifty Bank Index Fund charge as the expense ratio?

Accepted Answer

The Navi Nifty Bank Index Fund - Direct Growth has an expense ratio of 0.1%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Navi Nifty Bank Index Fund?

Accepted Answer

The Navi Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately ₹647 Crs crore as of Jun 30, 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.	26.76%
ICICI Bank Ltd.	24.22%
Axis Bank Ltd.	8.09%
State Bank of India	7.97%
Kotak Mahindra Bank Ltd.	7.25%
Indusind Bank Ltd.	3.85%
The Federal Bank Ltd.	3.55%
Bank Of Baroda	3.31%
IDFC First Bank Ltd.	3.02%
AU Small Finance Bank Ltd.	2.79%

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.	26.76%
ICICI Bank Ltd.	24.22%
Axis Bank Ltd.	8.09%
State Bank of India	7.97%
Kotak Mahindra Bank Ltd.	7.25%
Indusind Bank Ltd.	3.85%
The Federal Bank Ltd.	3.55%
Bank Of Baroda	3.31%
IDFC First Bank Ltd.	3.02%
AU Small Finance Bank Ltd.	2.79%

Question 7

What is the 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 Navi Nifty Bank Index 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?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in 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 Navi Nifty Bank Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Navi Nifty Bank Index Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.1% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹647 Cr
Lock-in Period	Nil
Age	3 yrs 6 m since Jan 15, 2022
Benchmark	NIFTY Bank TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹500
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	-0.12%	-0.44%
3 Months	2.8%	7.9%
6 Months	17.35%	10.6%
1 Year	9.52%	3.08%
2 Years	12.0%	19.31%
3 Years	16.29%	19.91%

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Navi Nifty Bank Index Fund	N.A.	647 Cr	3 yrs 6 m	0.1%
ICICI Prudential BHARAT 22 FOF	N.A.	2,271 Cr	7 yrs 1 m	0.12%
Motilal Oswal Nifty Bank Index Fund	N.A.	642 Cr	5 yrs 11 m	0.26%
Tata Nifty Capital Markets Index Fund	N.A.	237 Cr	9 m	0.52%
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	55 Cr	2 yrs	0.22%
ICICI Prudential Nifty Auto Index Fund	N.A.	137 Cr	2 yrs 10 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Navi Nifty Bank Index Fund	-0.12%	17.35%	9.52%	16.29%	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-1.15%	5.4%	-5.96%	30.05%	32.46%	12.5%
Motilal Oswal Nifty Bank Index Fund	-0.13%	17.31%	9.51%	16.41%	20.33%	7.58%
Tata Nifty Capital Markets Index Fund	0.14%	27.67%	28.04%	8.59%	5.07%	2.5%
Kotak Nifty Financial Services Ex-Bank Index Fund	-1.82%	22.02%	21.29%	16.31%	9.49%	4.64%
ICICI Prudential Nifty Auto Index Fund	0.58%	8.22%	-4.35%	24.12%	13.84%	6.7%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Navi Nifty Bank Index Fund	14.36	1.0	0.92	1.81
ICICI Prudential BHARAT 22 FOF	17.2	1.09	1.43	2.29
Motilal Oswal Nifty Bank Index Fund	14.33	0.99	0.93	1.83
Tata Nifty Capital Markets Index Fund	N.A.	N.A.	N.A.	N.A.
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Auto Index Fund	N.A.	N.A.	N.A.	N.A.

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 Jun 12, 2025

Asset allocationas on May 31, 2025

Peer comparison

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

Compare Navi Nifty Bank Index Fund in detail with

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 Returns

ET Money rank

Alpha	0.6 vs. 2.28 Underperformed at beating benchmark
Sharpe	0.92 vs. 2.43 Poor risk-adjusted returns
Beta	1.0 vs. 0.34 More sensitive to market's ups & downs
Standard deviation	14.36 vs. 4.54 More volatile performance

Fund AUM	647 Cr as on May 31, 2025
Scheme document	View Scheme Document

No. of schemes	14 view all schemes
Total AUM	7,751 Cr as on Jun 30, 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
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Navi Flexi Cap Fund	N.A.	255 Cr	1.27%	20.56%
Navi Nifty India Manufacturing Index Fund	N.A.	62 Cr	-0.1%	N.A.
Navi Nifty 50 Index Fund	N.A.	3,301 Cr	3.46%	N.A.
Navi Nifty Next 50 Index Fund	N.A.	856 Cr	-4.74%	N.A.
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