Navi Nifty India Manufacturing Index Fund Regular Growth

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

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty India Manufacturing Index and to endeavour to achieve the returns of the index as closely as possible, though subject to tracking error. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty India Manufacturing Index over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.

The Navi Nifty India Manufacturing Index Fund Regular Growth has an AUM of 17.67 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 10 and the minimum SIP is Rs 10.

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

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

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

Some of the similar funds are Motilal Oswal S&P BSE Enhanced Value Index Fund Regular Growth, ICICI Prudential Nifty50 Equal Weight Index Fund Regular Growth, Navi Nifty India Manufacturing Index Fund Regular Growth, Edelweiss Nifty 50 Index Fund Regular Growth, HDFC S&P BSE 500 Index Fund Regular Growth. Navi Nifty India Manufacturing Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.