Navi Nifty Next 50 Index Fund

Navi Nifty Next 50 Index Fund is an equity fund. This fund was started on 19 January, 2022. The fund is managed by Ashutosh Shirwaikar. The fund could potentially beat inflation in the long-run.

1. Navi Nifty Next 50 Index Fund has ₹1404 Cr worth of assets under management (AUM) as on Feb 2026 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Navi Nifty Next 50 Index Fund has given a CAGR return of 12.87% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 15.25% and 21.95% respectively.

Navi Nifty Next 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Defensive, Utilities, Consumer Cyclical, Industrial, Health, Energy, Real Estate, Tech, Communication. Its top holdings are Vedanta Ltd, TVS Motor Co Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, Bharat Petroleum Corp 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 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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Navi Nifty Next 50 Index Fund has no lock in period.