Navi Nifty Bank Index Fund Regular Growth | Mutual Fund Performance | Mint
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Business News/Market/Market Stats/    Navi Nifty Bank Index Fund Regular Growth

Navi Nifty Bank Index Fund Regular Growth

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  • Index Funds
  • Index Funds
  • Rating N.A.
  • Plan
12.00 -0.03 (-0.22%) NAV as on 22 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)470.11
  • CAGR 16.97%
  • Exit Load0.00%
  • Expense ratio0.79%
  • CategoryIndex Funds
  • Min Investment10
  • Min SIP10
  • Launch Date2022-02-04

Morning Star Rating N.A.

Medium
Risk
High
Return

Asset Allocation

Holdings As On - 23 February 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio0.00
  • Std Deviation 0.00%
  • Tracking Error 0.00%

About Fund

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.

 

The Navi Nifty Bank Index Fund Regular Growth has an AUM of 470.11 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.79%. The minimum investment in Navi Nifty Bank Index Fund Regular Growth is Rs 10 and the minimum SIP is Rs 10.

 

As per morningstar the risk & return rating of the fund are Medium & High respectively.

 

The top holdings of the fund include HDFC Bank, ICICI Bank, State Bank Of India & Axis Bank.

 

The major sectors where the fund is invested are Regional Banks.

 

Some of the similar funds are DSP Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty 50 Index Fund Regular Growth, Nippon India Nifty 50 Value 20 Index Fund Regular Growth, Navi Nifty Bank Index Fund Regular Growth, HDFC NIFTY Next 50 Index Fund Regular Growth. Navi Nifty Bank Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.

FAQs about Navi Nifty Bank Index Fund Regular Growth

According to the morning star rating Navi Nifty Bank Index Fund Regular Growth has a Medium risk & High return.
Navi Nifty Bank Index Fund Regular Growth is managed by Aditya Mulki.
The expense ratio of Navi Nifty Bank Index Fund Regular Growth is 0.79%.
The 5 year annualized return on Navi Nifty Bank Index Fund Regular Growth is 0.00% & it has generated 16.97% in the last 1 year.
The minimum investment in Navi Nifty Bank Index Fund Regular Growth is 10 Rs.
Navi Nifty Bank Index Fund Regular Growth has an AUM of 470.11 crores.
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