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 #28 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹10.20 (as of 2026-08-21) |
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| AUM | ₹27 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 95.4% of NIFTY500 Multicap 50:25:25's upside and 100.7% of its downside.
Market cap allocation
| Large cap | 51.2% |
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| Mid cap | 24.7% |
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| Small cap | 24.1% |
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Concentration
| Top 5 holdings | 14.8% |
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| Top 10 holdings | 21.2% |
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| Total holdings | 500 |
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| Index overlap | 99.3% |
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| Active share | 0.7% |
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Top holdings
- HDFC Bank Ltd. — 4.1%
- ICICI Bank Ltd. — 3.7%
- Reliance Industries Ltd — 3.2%
- Bharti Airtel Ltd. — 2.2%
- TREPS/Reverse Repo/Net Current Assets/Cash/Cash Equivalent — 2.0%
- Larsen & Toubro Limited — 1.7%
- State Bank Of India — 1.5%
- Infosys Ltd — 1.4%
- AXIS Bank Ltd. — 1.3%
- Bajaj Finance Limited — 1.1%
Top sectors
- Banking & Financial — 19.6%
- Automobile — 7.6%
- Finance & Investments — 6.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 1.3% | Q4 (Bottom) | #28 of 34 |
| 2025 | 4.0% | Q2 | #12 of 31 |