Navi Nifty India Manufacturing Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.95
• Std Deviation 14.90%
• Tracking Error 0.00%

The investment objective of the scheme is to achieve return equivalent to Nifty India ManufacturingIndex by investing in stocks of companies comprising Nifty India Manufacturing 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 India Manufacturing Index Fund Regular Growth has an AUM of 68.14 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 1.00%. The minimum investment in Navi Nifty India Manufacturing Index Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

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

The top holdings of the fund include Mahindra & Mahindra Ltd, Reliance Industries, Maruti Suzuki India & Sun Pharmaceutical Industries.

The major sectors where the fund is invested are Biotechnology & Drugs, Auto & Truck Manufacturers, Iron & Steel & Recreational Products.

Some of the similar funds are Navi Nifty India Manufacturing Index Fund Regular Growth, UTI Nifty Alpha Low-Volatility 30 Index Fund Regular Growth, Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Regular Growth, ICICI Prudential Nifty 500 Index Fund Regular Growth, Kotak Nifty Midcap 50 Index Fund Regular Growth. Navi Nifty India Manufacturing Index Fund Regular Growth has a sharpe ratio of 0.95 & a standard deviation of 14.90%.