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
Sort By
Name | Fund size | Expense Ratio | 1 Y | 3 Y |
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₹7,138 Cr
AUM
17
Schemes
-
AUM
1
Schemes
₹2,271 Cr
AUM
13
Schemes
Tanmay Sethi
₹218 Cr
AUM
4
Schemes
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Mutual Fund Name | Navi Mutual Fund |
Asset Management Company Name | Navi AMC Limited |
AMC Setup Date | December 04, 2009 |
AMC Incorporation Date | April 09, 2009 |
Sponsor Name | Anmol Como Broking Private Limited, Navi MF Sponsor Private Limited |
Name Of Trustees | Dr. M. Yousuf Khan - Independent Director Dr. Nirakar Pradhan - Independent Director Mr. Abhishek - Associate Director Mr. Arun Vikram Goel - Independent Director |
CIO | NA |
MD And CEO | Mr. Rajiv Naresh |
Compliance Officer | Ms. Sweta Bharat Shah |
Investor Service Officer | Ms. Sadiqa Banu |
Updated As Of | April 2024 |