Navi Mutual Funds
About This AMC
Navi Mutual Fund (formerly Essel Mutual Fund) was established on April 9, 2009, as a Trust sponsored by Navi Trustee Limited (formerly Essel Mutual Fund Trustee Limited). It was in December 2009 when Navi AMC Limited (formerly Essel Finance AMC Limited), got a green signal from SEBI to commence its mutual fund business and operations as Navi Mutual Fund.
Navi was founded by Sachin Bansal (co-founder of Flipkart) & Ankit Agarwal (ex-banker with Deutsche Bank and Bank of America) which acquired Essel Finance Mutual Fund and renamed it Navi Mutual Fund. Navi Mutual Fund offers a wide array of investment options - from a range of low-cost index funds to ELSS funds among other investment options across sectors, market caps, and geographies to help investors meet their unique financial g`oals.
Currently, Mr. Rajiv Naresh is the Managing Director & CEO of Navi Mutual Fund. Navi Mutual Fund offers 18 schemes across different categories and has an AUM of ₹4,942 crore.
As of April 2024
Schemes
18
AUM
₹7,181 Cr
AUM growth
-₹77 Cr
Fund managers
4
