Navi Nifty Next 50 Index Fund Direct Growth
Navi Nifty Next 50 Index Fund Direct Growth

Navi Nifty Next 50 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 9 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
28050 people have invested ₹ 3.1Cr in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, Kotak Nifty Next 50 Index Fund Direct Growth has given -7.3% return, outperforming this fund by 0.16%

About the Fund

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 Aditya Mulki. The fund could potentially beat inflation in the long-run.

Key parameters

1) Navi Nifty Next 50 Index Fund Direct Growth has a NAV of 9.0495 as on 03-02-2023.

2) Navi Nifty Next 50 Index Fund Direct Growth has 41 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.12 %.

Fund Overview

Expense ratio
Expense ratio
0.12%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹41 Cr
Inception Date
Inception Date
19 January, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹10/₹10
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
13.91%

Fund Distribution as on (31-Dec-22)

  • Equity 100%
  • Debt & Cash 0%
Size breakup
Large cap
89%
Mid cap
11%

Sector Allocation

Dec'22

Nov'22

Oct'22

Basic Materials

20.5%

Financial Services

17.3%

Consumer Defensive

14.6%

Utilities

14.3%

Industrial

13%

Tech

5%

Consumer Cyclical

4%

Communication

4%

Health

2.6%

Energy

2.5%

Real Estate

2%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings50
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 2.3 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 41.2 Cr
Nov'22
₹ 43.5 Cr
Oct'22
₹ 44.7 Cr

Fund Returns vs Benchmark

Jan'23
0.58%
6.66%
Dec'22
2.52%
3.38%
Nov'22
0.58%
6.66%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
51
51
51
Top 5 Company Concentration
17%
17.2%
17.2%
Company having highest exposure
Adani Total Gas Ltd (3.8%)
Ambuja Cements Ltd (3.7%)
Pidilite Industries Ltd (3.5%)
No of Sectors
12
11
11
Top 5 Sectors Concentration
79.8%
81.3%
81.7%
Sector having highest exposure
Basic Materials (20.5%)
Basic Materials (21.8%)
Basic Materials (21.3%)

Fund Manager

Aditya Mulki

Aditya Mulki

Fund Manager of Navi Nifty Next 50 Index Fund Direct Growth, since 18 March 2022

AMC details

Fund House
Navi AMC Limited
Total Schemes
Total AUM
₹2.25K Cr
as on 31-Dec-2022
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Email
mf@navi.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 99.99% in Equity, 0% in Debt and 0.01% in Cash related instruments
AUM size ₹41 Cr

AUM size ₹41 Cr

This fund has AUM of ₹41 Cr which is less than its category average of ₹ 487 Cr
Expense Ratio 0.12%

Expense Ratio 0.12%

This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions

The current NAV of Navi Nifty Next 50 Index Fund Direct Growth is 9.05 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Navi Nifty Next 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-9.34%
-9.34%
6 Month Returns
-7.04%
-7.04%
1 Year Returns
-7.47%
-7.47%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.12 as on January 2023
41 Cr as on January 2023
Adani Total Gas Ltd(3.82%),LTIMindtree Ltd(3.46%),Pidilite Industries Ltd(3.36%),Ambuja Cements Ltd(3.33%),Bharat Electronics Ltd(3.09%) as on January 2023
Basic Materials(20.51%),Financial Services(17.3%),Consumer Defensive(14.6%) as on January 2023
The alpha ratio for the Navi Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Navi Nifty Next 50 Index Fund Direct Growth
0.06
-
-
As on January 2023
The alpha for Navi Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Navi Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Navi Nifty Next 50 Index Fund Direct Growth
1
-
-
As on January 2023
The Beta for Navi Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Navi Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Navi Nifty Next 50 Index Fund Direct Growth
-0.32
-
-
As on January 2023
The sharpe ratio for Navi Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Navi Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Navi Nifty Next 50 Index Fund Direct Growth
21.17
-
-
As on January 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Aditya Mulki is the fund manager of Navi Nifty Next 50 Index Fund Direct Growth
The Exit load of Navi Nifty Next 50 Index Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.