Navi Nifty Midcap 150 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.25
• Std Deviation 16.39%
• Tracking Error 0.00%

The investment objective of the scheme is to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 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 Midcap 150 Index Fund Regular Growth has an AUM of 286.01 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 Midcap 150 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 Bse, Max Healthcare Institute, Suzlon Energy & Persistent Systems.

The major sectors where the fund is invested are Software & Programming, Regional Banks, Chemical Manufacturing & Biotechnology & Drugs.

Some of the similar funds are Navi Nifty Midcap 150 Index Fund Regular Growth, Edelweiss Nifty Large Mid Cap 250 Index Fund Regular Growth, Tata Nifty India Tourism Index Fund Regular Growth, Groww Nifty Total Market Index Fund Regular Growth, Axis Nifty 500 Index Fund Regular Growth. Navi Nifty Midcap 150 Index Fund Regular Growth has a sharpe ratio of 1.25 & a standard deviation of 16.39%.