Navi Nifty India Manufacturing Index Fund
The scheme seeks to achieve return equivalent to Nifty India ManufacturingIndex by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error.
Growthvine rating: 5/5 — ranked #24 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.41 (as of 2026-10-22) |
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| AUM | ₹87 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Rushabh Patel |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.61 |
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| Standard deviation | 17.42% |
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| Max drawdown | −23.35% |
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| Alpha | 5.21 |
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| Beta | 1.04 |
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Market cap allocation
| Large cap | 69.2% |
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| Mid cap | 27.6% |
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| Small cap | 3.2% |
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Concentration
| Top 5 holdings | 21.9% |
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| Top 10 holdings | 37.0% |
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| Total holdings | 77 |
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Top holdings
- Mahindra & Mahindra Ltd. — 5.0%
- Reliance Industries Ltd — 5.0%
- Sun Pharmaceutical Industries Ltd. — 4.6%
- Maruti Suzuki India Ltd. — 3.7%
- TATA STEEL LIMITED — 3.7%
- Bharat Electronics Ltd. — 3.3%
- Hindalco Industries Ltd. — 3.3%
- JSW Steel Limited — 2.9%
- Bajaj Auto Limited — 2.8%
- Divis Laboratories Ltd. — 2.8%
Top sectors
- Automobile — 25.3%
- Pharma & Biotech — 18.5%
- Petroleum Products — 7.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.3% | — | — |
| 2025 | 11.1% | — | — |
| 2024 | 24.2% | — | — |
| 2023 | 33.3% | — | — |