Navi Nifty India Manufacturing Index Fund Direct Growth

Navi Nifty India Manufacturing Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 13-03-2025

₹ 15.23

▼-0.6%

1D

Inception Returns

18%

/yr

About Navi Nifty India Manufacturing Index Fund Direct Growth

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.

Key Parameters

  1. Navi Nifty India Manufacturing Index Fund Direct Growth has ₹49 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

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%.

Holdings

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Navi Nifty India Manufacturing Index Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
29896 people have invested ₹ 1.3Cr in Navi Nifty India Manufacturing Index Fund Direct Growth in the last three months

Navi Nifty India Manufacturing Index Fund Direct Growth Overview

Expense ratio0.22%
Benchmark
Nifty India Manufacturing TRI
AUM₹49 Cr
Inception Date26 August, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
85.25%
STCGSelling mutual fund 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-Jan-25)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
71%
Mid cap
25.7%
Small cap
3.2%
Sector Allocation

Feb'25

Jan'25

Dec'24

Consumer Cyclical
31.4%
Basic Materials
21.4%
Industrial
20.4%
Health
16.1%
Energy
8.9%
Tech
1.9%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-1.91%
-0.84%
Nifty 50
-2.60%
-0.71%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 48.9 Cr
₹ 51.8 Cr
₹ 51.7 Cr
  • AUM of the fund stands at 48.9 Cr as of Feb'25
  • AUM decreased by 2.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 4.03% to 4.82%
Maruti Suzuki India Ltd's allocation increased from 4.03% to 4.82%
Reliance Industries Ltd's allocation increased from 4.69% to 5.39%
Reliance Industries Ltd's allocation increased from 4.69% to 5.39%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.71% to 2.09%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.71% to 2.09%
Top Stocks sold last month
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.16 % to 4.91 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.16 % to 4.91 %
Bharat Electronics Ltd's allocation decreased from 2.93 % to 2.92 %
Bharat Electronics Ltd's allocation decreased from 2.93 % to 2.92 %
Hindalco Industries Ltd's allocation decreased from 2.64 % to 2.57 %
Hindalco Industries Ltd's allocation decreased from 2.64 % to 2.57 %
Small Cap allocation has gone down from 3.3% to 3.2%
Small Cap allocation has gone down from 3.3% to 3.2%
Mid Cap allocation has gone down from 25.7% to 25.7%
Mid Cap allocation has gone down from 25.7% to 25.7%
Large Cap allocation has gone up from 70.6% to 71%
Large Cap allocation has gone up from 70.6% to 71%
Cash allocation has gone down from 0.3% to 0.1%
Cash allocation has gone down from 0.3% to 0.1%

Top 3 Sectors in February were Consumer Cyclical, Industrial & Basic Materials

Feb'25
Consumer Cyclical
31%
Basic Materials
21%
Industrial
20%
Jan'25
Consumer Cyclical
31%
Industrial
23%
Basic Materials
20%

  • Equity

Holdings
Weight%
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
5.63%
4%
Maruti Suzuki India Ltd
Maruti Suzuki India Ltd
5.14%
3.9%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
4.96%
4%
Sun Pharmaceuticals Industries Ltd
Sun Pharmaceuticals Industries Ltd
4.94%
4%
Tata Motors Ltd
Tata Motors Ltd
4.26%
4%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Navi Nifty India Manufacturing Index Fund Direct Growth
Navi Nifty India Manufacturing Index Fund Direct Growth
8.59%
-
-
17.95%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
11.38%
15.66%
-
15.7%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
5.97%
19.55%
27.24%
23.66%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
4.65%
15.8%
28.27%
23.07%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Tata Steel Ltd
Tata Steel Ltd
12.4%
Hindalco Industries Ltd
Hindalco Industries Ltd
10.9%
Jindal Steel & Power Ltd
Jindal Steel & Power Ltd
6.2%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
79
79
78
Top 5 Company Concentration
24.8%
23.5%
23.9%
Company having highest exposure
Reliance Industries Ltd (5.4%)
Mahindra & Mahindra Ltd (5.2%)
Sun Pharmaceuticals Industries Ltd (5.4%)
No of Sectors
6
6
6
Top 5 Sectors Concentration
98.1%
97.8%
98.1%
Sector having highest exposure
Consumer Cyclical (30.8%)
Consumer Cyclical (29.7%)
Consumer Cyclical (29.9%)
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Fund House
Navi AMC Limited
Total Schemes
17
See all NAVI schemes
Total AUM
₹7.54K Cr
as on 31-Jan-2025
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Website
mf@navi.com

Navi Nifty India Manufacturing 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 17.95% since inception which is more than its category average return of 4.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.94% in Equity, 0% in Debt and 0.06% in Cash related instruments
AUM size ₹49 Cr

AUM size ₹49 Cr

This fund has AUM of ₹49 Cr which is less than its category average of ₹ 724 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions for Navi Nifty India Manufacturing Index Fund Direct Growth

The current NAV of Navi Nifty India Manufacturing Index Fund Direct Growth is ₹15.23 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
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%
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.
0.22% as on February 2025
₹49 Cr as on February 2025
Reliance Industries Ltd(5.63%), Maruti Suzuki India Ltd(5.14%), Mahindra & Mahindra Ltd(4.96%), Sun Pharmaceuticals Industries Ltd(4.94%), Tata Motors Ltd(4.26%) as on February 2025
Consumer Cyclical(31.33%), Basic Materials(21.39%), Industrial(20.36%) as on February 2025
The alpha ratio for the Navi Nifty India Manufacturing Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Navi Nifty India Manufacturing Index Fund Direct Growth
-
-
-
As on February 2025
The alpha for Navi Nifty India Manufacturing Index Fund Direct Growth is calculated against Nifty India Manufacturing TRI. 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 Nifty India Manufacturing Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Navi Nifty India Manufacturing Index Fund Direct Growth
-
-
-
As on February 2025
The Beta for Navi Nifty India Manufacturing Index Fund Direct Growth is calculated with Nifty India Manufacturing TRI. 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 Nifty India Manufacturing 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 Nifty India Manufacturing Index Fund Direct Growth
-0.1
-
-
As on February 2025
The sharpe ratio for Navi Nifty India Manufacturing Index Fund Direct Growth is calculated with Nifty India Manufacturing TRI. 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 Nifty India Manufacturing 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 Nifty India Manufacturing Index Fund Direct Growth
18.85
-
-
As on February 2025
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 Nifty India Manufacturing Index Fund Direct Growth is 0%