Navi BSE Sensex Index Fund Direct Growth

Navi BSE Sensex Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 22-11-2024

₹ 12.15

▲2.5%

1D

Inception Returns

17.3%

/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

  1. Navi BSE Sensex Index Fund Direct Growth has ₹13 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Navi BSE Sensex Index Fund Direct Growth has given a CAGR return of 17.34% since inception. Over the last 1 year the fund has given a CAGR return of 20.93%.

Holdings

Navi BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, 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 benefit
Dividends 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 S&P 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

Annualised
▲
▼

zero opening, trading, fund transfer fee
13478 people have invested ₹ 23.9L in Navi BSE Sensex Index Fund Direct Growth in the last three months

Navi BSE Sensex Index Fund Direct Growth Overview

Expense ratio0.14%
Benchmark
S&P BSE SENSEX TR INR
AUM₹13 Cr
Inception Date5 September, 2023
Min Lumpsum/SIP₹10/₹10
Exit Load0%
Lock InNo Lock-in
TurnOver
42.4%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Oct-24)

  • Equity 99.7%

  • Debt & Cash 0.3%

Large cap
99.7%
Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
38%
Tech
14.5%
Energy
9.9%
Consumer Defensive
8.3%
Consumer Cyclical
7.9%
Industrial
5.7%
Basic Materials
5.2%
Communication
4.7%
Utilities
3.7%
Health
2.2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.69%
2.33%
0.93%
Nifty 50
-6.17%
2.11%
0.90%
  • This fund’s returns stands at -5.69% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
  • This fund outperformed Nifty 50 by 0.48% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 12.3 Cr
₹ 12.3 Cr
₹ 11.7 Cr
  • AUM of the fund stands at 12.3 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 13.47% to 14.25%
HDFC Bank Ltd's allocation increased from 13.47% to 14.25%
ICICI Bank Ltd's allocation increased from 9.25% to 9.9%
ICICI Bank Ltd's allocation increased from 9.25% to 9.9%
State Bank of India's allocation increased from 3.12% to 3.43%
State Bank of India's allocation increased from 3.12% to 3.43%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 10.31 % to 9.82 %
Reliance Industries Ltd's allocation decreased from 10.31 % to 9.82 %
Infosys Ltd's allocation decreased from 7 % to 6.92 %
Infosys Ltd's allocation decreased from 7 % to 6.92 %
ITC Ltd's allocation decreased from 4.94 % to 4.92 %
ITC Ltd's allocation decreased from 4.94 % to 4.92 %
Large Cap allocation has gone down from 100.2% to 99.7%
Large Cap allocation has gone down from 100.2% to 99.7%
Cash allocation has gone up from -0.2% to 0.3%
Cash allocation has gone up from -0.2% to 0.3%

Top 3 Sectors in October were Financial Services, Tech & Energy

Oct'24
Financial Services
38%
Tech
14%
Energy
10%
Sep'24
Financial Services
37%
Tech
14%
Energy
10%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
14.25%
8.6%
ICICI Bank Ltd
ICICI Bank Ltd
9.9%
8.5%
Reliance Industries Ltd
Reliance Industries Ltd
9.82%
8.6%
Infosys Ltd
Infosys Ltd
6.92%
8.4%
ITC Ltd
ITC Ltd
4.92%
8.6%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Navi BSE Sensex Index Fund Direct Growth
Navi BSE Sensex Index Fund Direct Growth
20.93%
-
-
17.34%
Kotak Nifty Next 50 Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct Growth
46.35%
17.41%
-
20.06%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
28.76%
20.44%
28.84%
28.77%
SBI Nifty Index Fund Direct Growth
SBI Nifty Index Fund Direct Growth
19.1%
10.59%
15.16%
12.87%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
0.8%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
31
31
31
Top 5 Company Concentration
45.8%
45%
45.3%
Company having highest exposure
HDFC Bank Ltd (14.2%)
HDFC Bank Ltd (13.5%)
HDFC Bank Ltd (13%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
78.5%
78.5%
78.8%
Sector having highest exposure
Financial Services (38%)
Financial Services (36.5%)
Financial Services (35.9%)
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Fund House
Navi AMC Limited
Total Schemes
16
See all NAVI schemes
Total AUM
₹7.28K Cr
as on 31-Oct-2024
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Website
mf@navi.com

Navi BSE Sensex Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.34% since inception which is more than its category average return of 13.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.68% in Equity, 0% in Debt and 0.32% in Cash related instruments
AUM size ₹13 Cr

AUM size ₹13 Cr

This fund has AUM of ₹13 Cr which is less than its category average of ₹ 820 Cr
Expense Ratio 0.14%

Expense Ratio 0.14%

This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions for Navi BSE Sensex Index Fund Direct Growth

The current NAV of Navi BSE Sensex Index Fund Direct Growth is ₹12.15 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
Navi BSE Sensex Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.24%
-1.24%
6 Month Returns
7.27%
7.27%
1 Year Returns
20.93%
20.93%
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.
0.14% as on October 2024
₹13 Cr as on October 2024
HDFC Bank Ltd(14.25%), ICICI Bank Ltd(9.9%), Reliance Industries Ltd(9.82%), Infosys Ltd(6.92%), ITC Ltd(4.92%) as on October 2024
Financial Services(37.84%), Tech(14.45%), Energy(9.82%) as on October 2024
The alpha ratio for the Navi BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Navi BSE Sensex Index Fund Direct Growth
-0.31
-
-
As on October 2024
The alpha for Navi BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Navi BSE Sensex Index Fund Direct Growth
1
-
-
As on October 2024
The Beta for Navi BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth
1.33
-
-
As on October 2024
The sharpe ratio for Navi BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex 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 BSE Sensex Index Fund Direct Growth
12.56
-
-
As on October 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 BSE Sensex Index Fund Direct Growth is 0%