Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth

Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth is an equity fund. This fund was started on 18 July, 2024. The fund is managed by Ashutosh Shirwaikar. The fund could potentially beat inflation in the long-run.

1. Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth has ₹29 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth has given a CAGR return of -0.89% since inception. Over the last 1 year the fund has given a CAGR return of -0.41%.

Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Tech, Health, Consumer Defensive, Energy, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to achieve return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth has no lock in period.