Navi Nifty Next 50 Index Fund Regular Growth
EquityIndex FundsVery High Risk
Regular
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹879 Cr
Expense Ratio
0.57%
ISIN
INF959L01FS6
Minimum SIP
₹10
Exit Load
No Charges
Inception Date
19 Jan 2022
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹17.33, Assets Under Management (AUM) of 879.18 Crores, and an expense ratio of 0.57%.
- Navi Nifty Next 50 Index Fund Regular Growth has given a CAGR return of 23.24% since inception.
- The fund's asset allocation comprises around 99.91% in equities, 0.00% in debts, and 0.09% in cash & cash equivalents.
- You can start investing in Navi Nifty Next 50 Index Fund Regular Growth with a SIP of ₹10 or a Lumpsum investment of ₹10.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+62.92%
— (Cat Avg.)
Since Inception
+23.24%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹878.36 Cr | 99.91% |
| Others | ₹0.82 Cr | 0.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Trent Ltd | Equity | ₹32.15 Cr | 5.63% |
| Bharat Electronics Ltd | Equity | ₹28.28 Cr | 4.95% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹23.03 Cr | 4.03% |
| Power Finance Corp Ltd | Equity | ₹20.2 Cr | 3.54% |
| REC Ltd | Equity | ₹19.92 Cr | 3.49% |
| Tata Power Co Ltd | Equity | ₹19.19 Cr | 3.36% |
| Vedanta Ltd | Equity | ₹18.93 Cr | 3.31% |
| InterGlobe Aviation Ltd | Equity | ₹18.54 Cr | 3.25% |
| Indian Oil Corp Ltd | Equity | ₹16.66 Cr | 2.92% |
| GAIL (India) Ltd | Equity | ₹16.23 Cr | 2.84% |
| Siemens Ltd | Equity | ₹15.86 Cr | 2.78% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹14.86 Cr | 2.60% |
| TVS Motor Co Ltd | Equity | ₹14.72 Cr | 2.58% |
| DLF Ltd | Equity | ₹14.29 Cr | 2.50% |
| Info Edge (India) Ltd | Equity | ₹13.63 Cr | 2.39% |
| Godrej Consumer Products Ltd | Equity | ₹13.62 Cr | 2.38% |
| Samvardhana Motherson International Ltd | Equity | ₹13.31 Cr | 2.33% |
| Pidilite Industries Ltd | Equity | ₹12.14 Cr | 2.13% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹12.12 Cr | 2.12% |
| Bank of Baroda | Equity | ₹11.8 Cr | 2.06% |
| Havells India Ltd | Equity | ₹11.59 Cr | 2.03% |
| Zomato Ltd | Equity | ₹11.52 Cr | 2.02% |
| Colgate-Palmolive (India) Ltd | Equity | ₹11.36 Cr | 1.99% |
| ABB India Ltd | Equity | ₹10.45 Cr | 1.83% |
| United Spirits Ltd | Equity | ₹10.27 Cr | 1.80% |
| Ambuja Cements Ltd | Equity | ₹10.04 Cr | 1.76% |
| Canara Bank | Equity | ₹9.62 Cr | 1.68% |
| SRF Ltd | Equity | ₹9.6 Cr | 1.68% |
| Dabur India Ltd | Equity | ₹9.29 Cr | 1.63% |
| Shree Cement Ltd | Equity | ₹9.25 Cr | 1.62% |
| Punjab National Bank | Equity | ₹9.2 Cr | 1.61% |
| Jindal Steel & Power Ltd | Equity | ₹9.07 Cr | 1.59% |
| Jio Financial Services Ltd | Equity | ₹8.82 Cr | 1.54% |
| Marico Ltd | Equity | ₹8.72 Cr | 1.53% |
| Zydus Lifesciences Ltd | Equity | ₹7.84 Cr | 1.37% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹7.5 Cr | 1.31% |
| Bosch Ltd | Equity | ₹7.47 Cr | 1.31% |
| Torrent Pharmaceuticals Ltd | Equity | ₹7.24 Cr | 1.27% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹7.16 Cr | 1.25% |
| Varun Beverages Ltd | Equity | ₹6.16 Cr | 1.08% |
| Avenue Supermarts Ltd | Equity | ₹6 Cr | 1.05% |
| Adani Power Ltd | Equity | ₹5.52 Cr | 0.97% |
| Adani Green Energy Ltd | Equity | ₹5.47 Cr | 0.96% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹5.35 Cr | 0.94% |
| Berger Paints India Ltd | Equity | ₹3.88 Cr | 0.68% |
| Bajaj Holdings and Investment Ltd | Equity | ₹3.39 Cr | 0.59% |
| Indian Railway Finance Corp Ltd Ordinary Shares | Equity | ₹2.88 Cr | 0.50% |
| Adani Energy Solutions Ltd | Equity | ₹2.79 Cr | 0.49% |
| Adani Total Gas Ltd | Equity | ₹2 Cr | 0.35% |
| Life Insurance Corporation of India | Equity | ₹1.81 Cr | 0.32% |
| Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash | ₹0.53 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
89.21%
Mid Cap Stocks
10.70%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹127.12 Cr | 22.25% |
| Industrials | ₹115.24 Cr | 20.17% |
| Consumer Cyclical | ₹79.16 Cr | 13.86% |
| Basic Materials | ₹72.91 Cr | 12.76% |
| Consumer Defensive | ₹65.42 Cr | 11.45% |
| Utilities | ₹51.19 Cr | 8.96% |
| Energy | ₹16.66 Cr | 2.92% |
| Healthcare | ₹15.08 Cr | 2.64% |
| Real Estate | ₹14.29 Cr | 2.50% |
| Communication Services | ₹13.63 Cr | 2.39% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Aditya Mulki
Since March 2022
Ashutosh Shirwaikar
Since August 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF959L01FS6 | Expense Ratio | 0.57% | Exit Load | No Charges | Fund Size | ₹879 Cr | Age | 19 Jan 2022 | Lumpsum Minimum | ₹10 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Next 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹539.42 Cr | 45.5% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹539.42 Cr | 44.6% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹397.46 Cr | 61.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹587.30 Cr | 42.9% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1683.73 Cr | 39.1% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1000.66 Cr | 49.6% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹587.30 Cr | 43.7% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹397.46 Cr | 62.6% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1683.73 Cr | 39.9% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1000.66 Cr | 48.7% |
About the AMC
Total AUM
₹6,712 Cr
Address
3rd Floor, Kolkata, 700 069
Other Funds by Navi Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Aditya Mulki
- Ashutosh Shirwaikar
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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