Invest in Navi Nifty Bank Index Fund

Invest in Navi Nifty Bank Index Fund

Invest in India`s biggest banks at the lowest cost.

Invest in India`s biggest banks at the lowest cost.

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Navi Nifty Bank Index Fund

Navi Nifty Bank Index Fund will replicate the Nifty Bank Index. Nifty Bank Index represents the 12 largest & most liquid banks of the country. Thus, Navi is offering investors a chance to invest in the biggest banks at the lowest cost as part of it`s latest fund offering. This low cost has been achieved by leveraging our high quality technological backing. The NFO will start on 17th January 2022 and close on 31st January 2022.

What's so special?

Providing an easy way to invest in the banking sector. The Nifty Bank Index represents 88% market capitalization of all the listed banks in the country.
Providing an opportunity for investors to experience low cost investing, because we believe it`s your money and you should get the most benefit out of it.
Attractive Returns - The Nifty Bank index has achieved attractive returns over varied time horizons. Its 1 year, 5 year and 10 year CAGR are 14%, 12.5% and 16.9% respectively. The Nifty Bank TRI has outperformed the Nifty 50 TRI in 6 of the last 10 years(FY12 - FY21).(Source: Niftyindices.com).

What's so special?

Providing an easy way to invest in the banking sector. The Nifty Bank Index represents 88% market capitalization of all the listed banks in the country.
Providing an opportunity for investors to experience low cost investing, because we believe it`s your money and you should get the most benefit out of it.
Attractive Returns - The Nifty Bank index has achieved attractive returns over varied time horizons. Its 1 year, 5 year and 10 year CAGR are 14%, 12.5% and 16.9% respectively. The Nifty Bank TRI has outperformed the Nifty 50 TRI in 6 of the last 10 years(FY12 - FY21).(Source: Niftyindices.com).

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Annualised Return

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NAV
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Risk
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3M
6M
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Last Update: NA
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Who should Invest?

Want to have an exposure to the country`s banking sector. Since the start of the Covid outbreak in early 2020, Nifty Bank Index has underperformed the broader market. However, with healthy balance sheets of banks and corporates, the sector is well positioned to capture cyclical uptick in growth.
Are a working professional who wants to invest in stocks but have never found the time to research and pick the right stocks.
Want to invest in mutual funds, but unsure of which fund to select.

Who should Invest?

Want to have an exposure to the country`s banking sector. Since the start of the Covid outbreak in early 2020, Nifty Bank Index has underperformed the broader market. However, with healthy balance sheets of banks and corporates, the sector is well positioned to capture cyclical uptick in growth.
Are a working professional who wants to invest in stocks but have never found the time to research and pick the right stocks.
Want to invest in mutual funds, but unsure of which fund to select.

Benefits of investing in Navi Nifty Bank Index Fund

Lowest Fee
We intend to have lowest expense ratio compared to any index fund.
Attractive Returns
Nifty Bank has earned CAGR of 14%, 12.5% & 16.9% over 1 year, 5 years & 10 years respectively.
Timing
The index is currently at an attractive level compared to the long-term average.
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Mutual Fund Calculator

Investment Type
SIP
Lumpsum
Invested Amount
Est. Return
Invested Amount₹0
Est. Returns₹0
Total Value ₹1,04,14,798
Monthly Investment
Expected Return(P.a)
Time Period(Years)
Assest Allocation
InstrumentsIndicative AllocationRisk Profile
MinimumMaximumLow/ Medium/ High
Equity and equity related securities covered by Nifty Bank Index95%100%High
Debt schemes, Debt & Money Market Instruments, including Tri Party Repo^, G-Secs and Cash0%5%Low to Medium
manager
Mr. Aditya Mulki
Fund Manager of all Equity Schemes of Navi AMC Limited.
6 years of experience as an Equity Analyst, Quantum Advisors Ltd. Covered consumer staples, discretionary, building materials and media sectors (Dec 2015 to Sep 2021). Contributing to NAVI AMC from Oct 2021- present.
Risk Assessment
This product is suitable for investors who are seeking*
  • Capital appreciation over the long term.
  • Equity and equity related securities covered by the Nifty Bank Index.
  • Return that corresponds to the performance of Nifty Bank Index, subject to tracking error.
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Fund Related Documents

Scheme Information Document
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Key Information Memorandum
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Frequently asked questions

We intend to be the lowest cost fund in the passive fund category by leveraging our technology background. This means more of your money goes into the investment rather than paying our expenses!
It’s a mutual fund scheme that tracks the Nifty Bank index which is a weighted portfolio of 12 largest and most liquid banks of the country.
A new fund offer (NFO) is the first subscription offering for any new fund launched by an asset management company.
Navi Nifty Bank Index fund tracks the Nifty Bank TRI
Tracking error is the difference between the returns of the passive fund and that of the benchmark, at the end of the chosen investment period. A low tracking error indicates that the fund tends to follow the benchmark very closely.
This NFO is only available for a limited period. The NFO will open on 17th January 2022, and will close on 31st January 2022.
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Company

Knowledge Centre

Navi Mutual Fund is registered with the Securities & Exchange Board of India (SEBI) with Anmol Como Broking Private Limited as its Sponsor. Navi AMC Limited is the Investment Manager to Navi Mutual Fund. Navi Trustee Limited is the trustee to Navi AMC Limited. In addition to Navi AMC, Navi offers a range of financial services and products such as Cash Loans, Housing Loans and General Insurance. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Registered Office Address: AMR Tech Park, Ground Floor, Municipal/ Khata No. 826/792/46/23/1/24/1, Hongasandra Village Hosur Road, Bengaluru- 560068.
Investment & Operations Office Address: 7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur Rd, Koramangala Industrial Layout, S.G. Palya, Bangalore- 560095, India

Office Number: +91 80 4511 3444
Non Toll Free Customer Care Number : +91- 81475 44555
Toll Free Customer Care Number : 1800 103 8999
Email :mf@navi.com

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

All information is subject to specific conditions | © 2022 Navi Technologies Ltd. All rights are reserved.