Navi Nifty Bank Index Fund

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

The Navi Nifty Bank Index Fund is a 4 yrs old fund and has delivered average annual returns of 10.64% since inception. Navi Nifty Bank Index Fund Returns 1-Year 3-Year Since Inception 18.86% 11.98% 10.64%

Q: How much does this mutual fund charge as expense ratio?

The Navi Nifty Bank Index Fund has an expense ratio of 0.91% , 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.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.9637-1.68% 1 day change	10.64% p.a.	App exclusive #NA View Ranked Funds	₹676 Cr

Historical NAV & returns

NAV: ₹14.9637 as on Feb 02, 2026

This fund Category average

Navi Nifty Bank Index Fund overview

AUM (Fund size)	₹676 Cr
Exit load	0%
Lock-in Period	Nil
Age	4 yrs since Jan 15, 2022
Benchmark	NIFTY Bank TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.91% as on Feb 02, 2026
Plan type	Regular
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%

Navi Nifty Bank Index Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-2.46%	-6.01%
3 Months	0.6%	-6.06%
6 Months	5.06%	-2.85%
1 Year	18.86%	1.75%
2 Years	12.95%	0.73%
3 Years	11.98%	8.54%
4 Years	10.64%	6.02%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 84.11%

Mid Cap 16.12%

Small Cap 0%

Other Cap 0%

Top holdings

HDFC Bank Ltd.25.19%

ICICI Bank Ltd.20.21%

State Bank of India9.65%

Axis Bank Ltd.9.31%

Top sectors

Financial 100.23%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Navi Nifty Bank Index Fund	-2.46%	5.06%	18.86%	11.98%	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-0.53%	10.18%	17.32%	26.89%	27.03%	13.4%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	-2.8%	3.04%	5.73%	19.38%	13.03%	7.32%
Motilal Oswal Nifty Bank Index Fund	-2.46%	5.09%	18.87%	12.03%	10.7%	7.42%
ICICI Prudential Nifty Auto Index Fund	-7.47%	11.95%	14.52%	25.56%	15.92%	7.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Navi Nifty Bank Index Fund	12.16	1.0	0.59	1.17
ICICI Prudential BHARAT 22 FOF	16.57	1.13	1.21	1.89
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	12.34	0.68	0.99	1.83
Motilal Oswal Nifty Bank Index Fund	12.12	1.0	0.6	1.18
ICICI Prudential Nifty Auto Index Fund	17.4	0.99	1.06	1.26

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Navi Nifty Bank Index Fund	N.A.	676 Cr	4 yrs	0.91%
ICICI Prudential BHARAT 22 FOF	N.A.	2,500 Cr	7 yrs 7 m	0.13%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	N.A.	171 Cr	5 yrs 3 m	1.06%
Motilal Oswal Nifty Bank Index Fund	N.A.	667 Cr	6 yrs 5 m	0.99%
ICICI Prudential Nifty Auto Index Fund	N.A.	194 Cr	3 yrs 4 m	0.94%

View all Other Equity Index funds

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

Alpha	-0.82 vs. 2.06 Underperformed at beating benchmark
Sharpe	0.59 vs. 2.09 Poor risk-adjusted returns
Beta	1.0 vs. 0.35 More sensitive to market's ups & downs
Standard deviation	12.16 vs. 5.01 More volatile performance

Compare Navi Nifty Bank Index Fund in detail with

About this fund

About Navi Nifty Bank Index Fund

Navi Nifty Bank Index Fund is a Other Equity Index mutual fund scheme from Navi Mutual Fund. This fund has been in existence for 4 yrs, having been launched on 15/01/2022. Navi Nifty Bank Index Fund has ₹676 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of Navi Nifty Bank Index Fund as of 02/02/2026 is ₹14.96. The fund has an expense ratio of 0.91%, which is higher than what most other Other Equity Index funds charge.

Navi Nifty Bank Index Fund returns of last 1-year are 17.84%. Since launch, it has delivered 10.61% average annual returns.
Navi Nifty Bank Index Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial sectors. It has taken less exposure in Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., State Bank of India, Axis Bank Ltd., Kotak Mahindra Bank Ltd..

...

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

Fund managers

Aditya Mulki

Mr. Mulki is a CFA and B.COM Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.

Ashutosh Shirwaikar

Mr. Shirwaikar has done MMS and CFA Prior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank

Investment objective

The scheme seeks to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank Index, subject to tracking error.

Navi Mutual Fund details

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

More funds from Navi Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Navi Nasdaq100 US Specific Equity Passive FoF	N.A.	1,061 Cr	26.69%	N.A.
Navi Total Stock Market US Specific Equity Passive FoF	N.A.	955 Cr	22.08%	N.A.
Navi Nifty Midcap 150 Index Fund	N.A.	359 Cr	7.71%	N.A.
Navi Large & Midcap Fund	N.A.	315 Cr	2.02%	13.57%
Navi Nifty India Manufacturing Index Fund	N.A.	52 Cr	13.05%	N.A.
Navi Flexi Cap Fund	N.A.	263 Cr	4.94%	11.95%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Navi Nifty Bank Index Fund plan is approximately ₹14.9637 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Navi Nifty Bank Index Fund is a 4 yrs old fund and has delivered average annual returns of 10.64% since inception.

Navi Nifty Bank Index Fund Returns

1-Year	3-Year	Since Inception
18.86%	11.98%	10.64%

How much does this mutual fund charge as expense ratio?

The Navi Nifty Bank Index Fund has an expense ratio of 0.91%, 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.

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

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.

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

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%

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

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

Sector	Percentage of Portfolio
Financial	100.23%

What is risk level of Navi Nifty Bank Index Fund?

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

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

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

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

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.