Navi Nifty Bank Index Fund Regular Growth

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Index Funds
Index Funds
Rating N.A.
Plan

12.42 -0.19 (-1.50%) NAV as on 17 Jan, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)532.87
CAGR 5.31%
Exit Load0.00%
Expense ratio0.79%
CategoryIndex Funds
Min Investment10
Min SIP10
Launch Date2022-02-04

Asset Allocation

Holdings As On - 20 January 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

HDFC Bank
148.00
28.93%

ICICI Bank
127.06
24.84%

State Bank Of India
52.17
10.20%

Axis Bank
46.13
9.02%

Kotak Mahindra Bank
46.01
8.99%

Indusind Bank
21.79
4.26%

Federal Bank
15.59
3.05%

Bank Of Baroda
14.61
2.86%

IDFC First Bank
13.56
2.65%

CANARA BANK
10.80
2.11%

Peer Comparison

Fund Name
ICICI Prudential Nifty IT Index Fund Regular Growth18.68%
UTI BSE Low Volatility Index Fund Regular Growth5.67%
Navi Nifty Bank Index Fund Regular Growth5.31%
ICICI Prudential Nifty Bank Index Fund Regular Growth2.55%
UTI Nifty 500 Value 50 Index Fund Regular Growth12.97%

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 532.87 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 Moderate & Low 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 ICICI Prudential Nifty IT Index Fund Regular Growth, UTI BSE Low Volatility Index Fund Regular Growth, Navi Nifty Bank Index Fund Regular Growth, ICICI Prudential Nifty Bank Index Fund Regular Growth, UTI Nifty 500 Value 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%.