Navi Nifty IT Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 13-03-2025
₹ 10.51
1D
Inception Returns
5.1%
/yr
About Navi Nifty IT Index Fund Direct Growth
Navi Nifty IT Index Fund Direct Growth is an equity fund. This fund was started on 26 March, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi Nifty IT Index Fund Direct Growth has ₹14 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Navi Nifty IT Index Fund Direct Growth has given a CAGR return of 5.13% since inception.
Holdings
Navi Nifty IT Index Fund Direct Growth has allocated its funds majorly in Tech, Cash Equivalent. Its top holdings are Infosys Ltd, Tata Consultancy Services Ltd, HCL Technologies Ltd, Tech Mahindra Ltd, Wipro 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Navi Nifty IT Index Fund Direct Growth
The investment objective of the scheme is to achieve return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT 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 IT Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Navi Nifty IT Index Fund Direct Growth Overview
| Expense ratio | 0.22% |
Benchmark | Nifty IT TR INR |
| AUM | ₹14 Cr |
| Inception Date | 26 March, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 105.26% |
| 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 (31-Jan-25)
- AUM of the fund stands at 13.6 Cr as of Feb'25
- AUM decreased by 1.1 Cr between Feb'25 and Jan'25
Top Sector in February was Tech
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -14.3% |
 Tech Mahindra Ltd | -13.5% |
 Tata Consultancy Services Ltd | -10.1% |
Navi Nifty IT Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹14 Cr
Expense Ratio 0.22%
Frequently Asked Questions for Navi Nifty IT Index Fund Direct Growth
Navi Nifty IT Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -12.44% | -12.44% |
6 Month Returns | -15.8% | -15.8% |
1 Year Returns | 0% | 0% |
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 Nifty IT Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi Nifty IT Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Navi Nifty IT Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Navi Nifty IT Index Fund Direct Growth | - | - | - |