Navi BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 23-12-2024
₹ 12.07
▲0.7%
1D
Inception Returns
15.5%
/yr
About Navi BSE Sensex Index Fund Direct Growth
Navi BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 5 September, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi BSE Sensex Index Fund Direct Growth has ₹14 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Navi BSE Sensex Index Fund Direct Growth has given a CAGR return of 15.53% since inception. Over the last 1 year the fund has given a CAGR return of 11.59%.
Holdings
Navi BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
Taxation
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Navi BSE Sensex Index Fund Direct Growth
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the BSE SENSEX Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 10.00 and for SIP is INR 10.00. Navi BSE Sensex Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Navi BSE Sensex Index Fund Direct Growth Overview
| Expense ratio | 0.14% |
Benchmark | S&P BSE SENSEX TR INR |
| AUM | ₹14 Cr |
| Inception Date | 5 September, 2023 |
| Min Lumpsum/SIP | ₹10/₹10 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 42.4% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.55% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 1.26% in Nov'24
- AUM of the fund stands at 12.7 Cr as of Nov'24
- AUM increased by 0.3 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Tech & Energy
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 14.25% | 8.6% | |
 ICICI Bank Ltd | 9.9% | 8.5% | |
 Reliance Industries Ltd | 9.82% | 8.6% | |
 Infosys Ltd | 6.92% | 8.4% | |
 ITC Ltd | 4.92% | 8.6% |
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 6.1% |
 Tata Consultancy Services Ltd | 4.9% |
 HDFC Bank Ltd | 3% |
Navi BSE Sensex Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹14 Cr
Expense Ratio 0.14%
Frequently Asked Questions for Navi BSE Sensex Index Fund Direct Growth
Navi BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.66% | -0.66% |
6 Month Returns | 2.21% | 2.21% |
1 Year Returns | 11.59% | 11.59% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi BSE Sensex Index Fund Direct Growth | -0.27 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi BSE Sensex Index Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Navi BSE Sensex Index Fund Direct Growth | 1.02 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Navi BSE Sensex Index Fund Direct Growth | 12.2 | - | - |