Navi Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 14.51 as on 25-04-2024
Fund Performance
351811 people have invested ₹ 30.9Cr in Navi Nifty 50 Index Fund Direct Growth in the last three months
INDmoney Rank of Navi Nifty 50 Index Fund Direct Growth
Powered by IND quant engine
1
/16
78% Performance
94% Cost
1 out of 16 among Index-Nifty-50
Pros
Low tracking error in the category
Among most bought funds within the category
Cons
No bad points found for this fund.
About the Navi Nifty 50 Index Fund Direct Growth
Navi Nifty 50 Index Fund Direct Growth is an equity fund. This fund was started on 15 July, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi Nifty 50 Index Fund Direct Growth has ₹1686 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.1.
Navi Nifty 50 Index Fund Direct Growth Overview
 | 0.06% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹1686 Cr |
 | 15 July, 2021 |
 | ₹10/₹10 |
 | 0% |
 | No Lock-in |
 TurnOver | 4.62% |
Navi Nifty 50 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
99.3%
Mid cap
0.7%
Sector Allocation
Financial Services
33.5%
Energy
13.7%
Tech
13%
Consumer Cyclical
9.2%
Consumer Defensive
8.2%
Basic Materials
6.2%
Industrial
5.5%
Health
4.4%
Communication
3.2%
Utilities
2.9%
Top Holdings of Navi Nifty 50 Index Fund Direct Growth as on (31-Mar-24)
Equity Holdings50
Navi Nifty 50 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.55% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 1.60% in Mar'24
AUM Change
- AUM of the fund stands at 1.7K Cr as of Mar'24
- AUM increased by 157.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Navi Nifty 50 Index Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 10.2% |
 Bajaj Finance Ltd | 6.1% |
 ITC Ltd | 0.3% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -4.2% |
 Tata Consultancy Services Ltd | -1.2% |
 Axis Bank Ltd | 2.2% |
Peer Analysis
Navi Nifty 50 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.32% since inception which is less than its category average return of 20.16%
Fund Allocations
This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹1686 Cr
This fund has AUM of ₹1686 Cr which is more than its category average of ₹ 681 Cr
Expense Ratio 0.06%
This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Navi Nifty 50 Index Fund Direct Growth is ₹14.51 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
Navi Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.12% | 2.12% |
6 Month Returns | 18.18% | 18.18% |
1 Year Returns | 28.2% | 28.2% |
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.
0.06% as on March 2024
₹1686 Cr as on March 2024
HDFC Bank Ltd(11.06%), Reliance Industries Ltd(10.21%), ICICI Bank Ltd(7.8%), Infosys Ltd(5.43%), Larsen & Toubro Ltd(4.52%) as on March 2024
Financial Services(33.51%), Energy(13.72%), Tech(13.04%) as on March 2024
The alpha ratio for the Navi Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi Nifty 50 Index Fund Direct Growth | -0.16 | - | - |
As on March 2024
The alpha for Navi Nifty 50 Index Fund Direct Growth is calculated against IISL Nifty 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 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi Nifty 50 Index Fund Direct Growth | 1 | - | - |
As on March 2024
The Beta for Navi Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 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 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 50 Index Fund Direct Growth | 1.91 | - | - |
As on March 2024
The sharpe ratio for Navi Nifty 50 Index Fund Direct Growth is calculated with IISL Nifty 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 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 50 Index Fund Direct Growth | 10.54 | - | - |
As on March 2024
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.
The Exit load of Navi Nifty 50 Index Fund Direct Growth is 0%