Navi Nifty 50 Index Fund
The scheme seeks to achieve return equivalent to Nifty 50 Index by investing in stocks of companies comprising Nifty 50 Index, subject to tracking error.
Growthvine rating: 4/5 — ranked #51 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹15.85 (as of 2026-08-21) |
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| AUM | ₹4,015 Cr |
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| Expense ratio | 0.26% |
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| Riskometer | Very High |
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| Fund manager | Ashutosh Shirwaikar |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 10.18% |
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| Sharpe ratio | 0.22 |
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| Standard deviation | 13.66% |
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| Max drawdown | -16.70% |
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| Alpha | -1.78 |
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| Beta | 0.95 |
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Market cap allocation
| Large cap | 98.6% |
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| Mid cap | 1.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.8% |
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| Top 10 holdings | 52.7% |
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| Total holdings | 50 |
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Top holdings
- HDFC Bank Ltd. — 10.2%
- ICICI Bank Ltd. — 9.2%
- Reliance Industries Ltd — 7.9%
- Bharti Airtel Ltd. — 5.3%
- Larsen & Toubro Limited — 4.1%
- State Bank Of India — 3.8%
- Infosys Ltd — 3.5%
- AXIS Bank Ltd. — 3.2%
- Bajaj Finance Limited — 2.7%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.4%
- Software & Services — 8.4%
- Petroleum Products — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -6.5% | — | — |
| 2025 | 11.5% | — | — |
| 2024 | 9.6% | — | — |
| 2023 | 20.8% | — | — |
| 2022 | 5.2% | — | — |