Equity
Direct
Index Funds
NAV as on 13-03-2025
₹ 15.23
1D
Inception Returns
18%
/yr
Navi Nifty India Manufacturing Index Fund Direct Growth is an equity fund. This fund was started on 26 August, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Navi Nifty India Manufacturing Index Fund Direct Growth has given a CAGR return of 17.95% since inception. Over the last 1 year the fund has given a CAGR return of 8.59%.
Navi Nifty India Manufacturing Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Industrial, Health, Energy, Tech. Its top holdings are Reliance Industries Ltd, Maruti Suzuki India Ltd, Mahindra & Mahindra Ltd, Sun Pharmaceuticals Industries Ltd, Tata Motors Ltd
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
The investment objective of the scheme is to achieve return equivalent to Nifty India ManufacturingIndex by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Navi Nifty India Manufacturing Index Fund Direct Growth has no lock in period.
Expense ratio | 0.22% |
Benchmark | Nifty India Manufacturing TRI |
AUM | ₹49 Cr |
Inception Date | 26 August, 2022 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 85.25% |
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 |
as on (31-Jan-25)
Top 3 Sectors in February were Consumer Cyclical, Industrial & Basic Materials
Navi Nifty India Manufacturing Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.26% | -2.26% |
6 Month Returns | -16.96% | -16.96% |
1 Year Returns | 8.59% | 8.59% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi Nifty India Manufacturing Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi Nifty India Manufacturing Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Navi Nifty India Manufacturing Index Fund Direct Growth | -0.1 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Navi Nifty India Manufacturing Index Fund Direct Growth | 18.85 | - | - |