Navi Nifty Bank Index Fund Regular Growth
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- Rating N.A.
- Plan
- 5D
- 1M
- 6M
- 1Y
- 5Y
- MAX
Key Metrics
- AUM (in Cr)580.71
- CAGR 15.70%
- Exit Load0.00%
- Expense ratio0.79%
- CategoryIndex Funds
- Min Investment10
- Min SIP10
- Launch Date2022-02-04
Asset Allocation
Holdings As On - 21 July 2024
- Name
- Value (Cr)
- Holding %
- HDFC Bank
- 164.35
- 28.30%
- ICICI Bank
- 135.85
- 23.39%
- Kotak Mahindra Bank
- 58.85
- 10.13%
- State Bank Of India
- 58.64
- 10.10%
- Axis Bank
- 57.89
- 9.97%
- Indusind Bank
- 32.01
- 5.51%
- Bank Of Baroda
- 16.93
- 2.91%
- Federal Bank
- 13.90
- 2.39%
- Au Small Finance Bank
- 12.37
- 2.13%
- Punjab National Bank
- 12.10
- 2.08%
Peer Comparison
Risk & Volitility
- Alpha 0.00%
- Beta 0.00
- Sharpe Ratio0.00
- Std Deviation 0.00%
- Tracking Error 0.00%
About Fund
The investment objective of the scheme is to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank 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.
The Navi Nifty Bank Index Fund Regular Growth has an AUM of 580.71 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.79%. The minimum investment in Navi Nifty Bank Index Fund Regular Growth is Rs 10 and the minimum SIP is Rs 10.
As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.
The top holdings of the fund include HDFC Bank, ICICI Bank, Kotak Mahindra Bank & State Bank Of India.
The major sectors where the fund is invested are Regional Banks.
Some of the similar funds are DSP Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty 50 Index Fund Regular Growth, Motilal Oswal Nifty Bank Index Fund Regular Growth, Navi Nifty Bank Index Fund Regular Growth, SBI Nifty Midcap 150 Index Fund Regular Growth. Navi Nifty Bank Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
