Navi Nifty Next 50 Index Fund Direct Growth
NAV as on 26-03-2025
₹ 14.78
1D
Inception Returns
13.1%
/yr
Historical NAV & Returns
About Navi Nifty Next 50 Index Fund Direct Growth
Navi Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 19 January, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi Nifty Next 50 Index Fund Direct Growth has ₹1168 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Navi Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 13.07% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 4.76% and 15.86% respectively.
Holdings
Navi Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Health, Real Estate, Communication, Tech, Energy. Its top holdings are Zomato Ltd, InterGlobe Aviation Ltd, Divi's Laboratories Ltd, Jio Financial Services Ltd, Vedanta Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Navi Nifty Next 50 Index Fund Direct Growth
The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor 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 Next 50 Index over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Navi Nifty Next 50 Index Fund Direct Growth has no lock in period.
Navi Nifty Next 50 Index Fund Direct Growth Overview
| Expense ratio | 0.12% |
Benchmark | IISL Nifty Next 50 TR INR |
| AUM | ₹1168 Cr |
| Inception Date | 19 January, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 44.61% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Navi Nifty Next 50 Index Fund Direct Growth
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 1.2K Cr as of Feb'25
- AUM decreased by 67.6 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Industrial & Utilities
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Investment & Finance Company Ltd | 5.8% |
 Union Bank of India | 4.4% |
 Jindal Steel & Power Ltd | 4.4% |
Navi Nifty Next 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1168 Cr
Expense Ratio 0.12%
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Frequently Asked Questions for Navi Nifty Next 50 Index Fund Direct Growth
Navi Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.39% | 5.39% |
6 Month Returns | -18.63% | -18.63% |
1 Year Returns | 4.76% | 4.76% |
3 Years Returns | 55.51% | 15.86% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi Nifty Next 50 Index Fund Direct Growth | -0.56 | -0.26 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi Nifty Next 50 Index Fund Direct Growth | 0.99 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Navi Nifty Next 50 Index Fund Direct Growth | -0.39 | 0.41 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Navi Nifty Next 50 Index Fund Direct Growth | 20.28 | 19.65 | - |