Navi Nifty Bank Index Fund
NAV
₹15.25
as of 21 Aug 2026
Navi Nifty Bank Index Fund is an open-ended Index Funds scheme from Navi Mutual Fund managing ₹640 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹15.25 as of 21 Aug 2026. The expense ratio is 0.15% a year. Managed by Ashutosh Shirwaikar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.15% / yr
- as of 30 Jun 2026
- Fund size
- ₹640 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 4 Feb 2022
- ISIN
- INF959L01FT4
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Bank TRI
Navi Nifty Bank Index Fund
₹152
+52% on ₹100 over 4.5 yrs
Index Funds average
₹128
+28% on ₹100 over 4.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.82% | 6.79% | +0.03 |
| 6 months | -5.70% | -5.68% | -0.02 |
| 1 year | 3.59% | 3.63% | -0.04 |
| 3 years (CAGR) | 9.91% | 9.89% | +0.02 |
Category average across 8 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -3.6%
- Median
- 13.8%
- Best
- 35.3%
43 windows over the last 54 months, stepped monthly; 98% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 7.4%
- Median
- 11.9%
- Best
- 20.2%
19 windows over the last 54 months, stepped monthly; 100% ended positive. Worst window began 1 Jun 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.20
- Sortino ratio (3Y)
- 0.27
- Standard deviation (3Y)
- 16.76%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-17.0%
Right now
-6.1% below peak
Where the money actually is
Equity
99.7%
Cash
0.3%
Whole-portfolio split, as of 30 Jun 2026. The size split below covers only the equity slice of this.
What it owns
15 positions · top 10 = 86.7%
Market-cap mix (equity sleeve)
Large 75.5%Mid 24.1%Other 0.3%
as of 30 Jun 2026
Holdings by sector
Financial Services(10 in top 10)99.7%
- HDFC Bank Ltd19.24%
- ICICI Bank Ltd14.11%
- State Bank of India9.99%
- Axis Bank Ltd9.56%
- Kotak Mahindra Bank Ltd9.28%
- The Federal Bank Ltd6.64%
- IndusInd Bank Ltd4.97%
- AU Small Finance Bank Ltd4.62%
- IDFC First Bank Ltd4.34%
- Bank of Baroda3.99%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 48.7% vs category 35.3% a year.
Money in, money out
- Net flow, 12 months
- −₹8 cr
- Net flow, 3 months
- +₹1 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Navi Nifty Bank Index Fund?
- ₹15.25 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Navi Nifty Bank Index Fund?
- 0.15% a year for the Direct plan, as of 30 Jun 2026.
- How large is Navi Nifty Bank Index Fund?
- ₹640 crore under management as of 31 Jul 2026, in the Index Funds category.
- How risky is Navi Nifty Bank Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What is the worst 3-year return of Navi Nifty Bank Index Fund?
- 7.4% a year — the weakest of 19 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 11.9% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Navi Nifty Bank Index Fund?
- Ashutosh Shirwaikar, managing this fund for 1.5 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
- UTI Nifty 50 Index Fund₹29,603 crore
- HDFC Nifty 50 Index Fund₹24,190 crore
- Navi Nifty 50 Index Fund₹4,148 crore
- Navi Nifty Next 50 Index Fund₹1,314 crore
- HDFC NIFTY Midcap 150 Index Fund₹687 crore
- Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60 40 Index Fund₹644 crore
- HDFC Nifty G-Sec July 2031 Index Fund₹638 crore
- HDFC Nifty G-Sec Sep 2032 Index Fund₹629 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Bank TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.