Navi NIFTY IT Index Fund
The scheme seeks to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT Index, subject to tracking error.
Growthvine rating: 2/5 — ranked #162 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹9.40 (as of 2026-10-23) |
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| AUM | ₹23 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
| Standard deviation | 0.00% |
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| Max drawdown | −42.73% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 81.4% |
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| Mid cap | 18.6% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 78.9% |
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| Top 10 holdings | 99.6% |
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| Total holdings | 10 |
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Top holdings
- Infosys Ltd — 31.2%
- Tata Consultancy Services Ltd. — 19.0%
- HCL Technologies Ltd — 11.8%
- Tech Mahindra Limited — 10.4%
- COFORGE LIMITED — 6.6%
- Persistent Systems Limited — 6.2%
- Wipro Ltd. — 4.6%
- LTM LIMITED — 4.1%
- Mphasis Limited — 3.1%
- Oracle Financial Services Software Limited — 2.7%
Top sectors
- Software & Services — 99.6%
- Cash — 0.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −14.8% | — | — |
| 2025 | −11.3% | — | — |