Navi Nifty 500 Multicap 50:25:25 Index Fund
The scheme seeks to achieve return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error.
Growthvine rating: 1/5 — ranked #31 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹9.51 (as of 2026-10-01) |
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| AUM | ₹28 Cr |
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| Expense ratio | 0.90% |
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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
| Standard deviation | 0.00% |
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| Max drawdown | −20.02% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 95.3% of NIFTY500 Multicap 50:25:25's upside and 100.8% of its downside.
Market cap allocation
| Large cap | 50.5% |
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| Mid cap | 25.0% |
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| Small cap | 24.5% |
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Concentration
| Top 5 holdings | 14.6% |
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| Top 10 holdings | 21.2% |
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| Total holdings | 500 |
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| Index overlap | 99.8% |
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| Active share | 0.2% |
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Top holdings
- HDFC Bank Ltd. — 4.0%
- ICICI Bank Ltd. — 3.8%
- Reliance Industries Ltd — 3.1%
- Bharti Airtel Ltd. — 2.0%
- Larsen & Toubro Limited — 1.7%
- State Bank Of India — 1.6%
- Infosys Ltd — 1.5%
- AXIS Bank Ltd. — 1.4%
- Kotak Mahindra Bank Ltd. — 1.1%
- Mahindra & Mahindra Ltd. — 1.1%
Top sectors
- Banking & Financial — 19.6%
- Finance & Investments — 8.1%
- Automobile — 7.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.6% | Q4 (Bottom) | #33 of 34 |
| 2025 | 4.0% | Q2 | #12 of 31 |