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 |
|---|
| NAV | ₹8.30 (as of 2026-10-01) |
|---|
| AUM | ₹23 Cr |
|---|
| Expense ratio | 0.90% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Ashutosh Shirwaikar |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Standard deviation | 0.00% |
|---|
| Max drawdown | −42.73% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Market cap allocation
| Large cap | 80.5% |
|---|
| Mid cap | 19.5% |
|---|
| Small cap | 0.0% |
|---|
Concentration
| Top 5 holdings | 78.0% |
|---|
| Top 10 holdings | 99.8% |
|---|
| Total holdings | 10 |
|---|
Top holdings
- Infosys Ltd — 28.8%
- Tata Consultancy Services Ltd. — 20.2%
- HCL Technologies Ltd — 11.4%
- Tech Mahindra Limited — 10.5%
- COFORGE LIMITED — 7.0%
- Persistent Systems Limited — 6.2%
- Wipro Ltd. — 5.1%
- LTM LIMITED — 4.3%
- Mphasis Limited — 3.3%
- Oracle Financial Services Software Limited — 3.0%
Top sectors
- Software & Services — 99.8%
- Cash — 0.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −24.8% | — | — |
| 2025 | −11.3% | — | — |