Invest in Navi Nifty Bank Index Fund
Invest in India`s biggest banks at the lowest cost.
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).
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.
Asset Allocation*
| Instruments | Indicative Allocation | Risk Profile | |
|---|---|---|---|
| Minimum | Maximum | Low/ Medium/ High | |
| Equity and equity related securities covered by Nifty 50 Index | 95% | 100% | High |
| Money Market Instruments including TREPS | 0% | 5% | Low to Medium |
*Refer Scheme Information document for complete details.
Mr. Aditya Mulki
Fund Manager of all Equity Schemes of Navi AMC Limited.
7 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.
7 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.
What our customers say about us
I have been investing in Navi Nifty Bank Index Fund for over a year now and I am impressed with the returns. It's a great investment option for those looking to diversify their portfolio.
Padmini
Navi Nifty Bank Index Fund is a well-managed and transparent investment option. The team at Navi is knowledgeable and provides regular updates, making it easy to track my investments.
Roopa Singh
I have been investing in Navi Nifty Bank Index Fund for a while now and have seen consistent growth in my portfolio. I would highly recommend this fund to anyone looking to invest in India's fast-growing banking sector.
Ankit Tiwari
Last year, I started investing in Navi Nifty Bank Index Fund. In the last 10 years, this index has given returns of almost 17% p.a. and this fund is giving me access to top-quality bank stocks at an extremely low cost. What more could I have asked for?
Anand Bakshi
The performance of Navi Nifty Bank Index Fund has been quite impressive since its launch and I am confident in its ability to deliver long-term returns.
Ruth Gali
My advisor asked me to invest in this Navi fund. I have received impressive returns and received constant support from the Navi Team, wherever I got stuck.
Mukta Chakravorty
I have been investing in Navi Nifty Bank Index Fund for over a year now and I am impressed with the returns. It's a great investment option for those looking to diversify their portfolio.
Padmini
Navi Nifty Bank Index Fund is a well-managed and transparent investment option. The team at Navi is knowledgeable and provides regular updates, making it easy to track my investments.
Roopa Singh
I have been investing in Navi Nifty Bank Index Fund for a while now and have seen consistent growth in my portfolio. I would highly recommend this fund to anyone looking to invest in India's fast-growing banking sector.
Ankit Tiwari
Last year, I started investing in Navi Nifty Bank Index Fund. In the last 10 years, this index has given returns of almost 17% p.a. and this fund is giving me access to top-quality bank stocks at an extremely low cost. What more could I have asked for?
Anand Bakshi
The performance of Navi Nifty Bank Index Fund has been quite impressive since its launch and I am confident in its ability to deliver long-term returns.
Ruth Gali
My advisor asked me to invest in this Navi fund. I have received impressive returns and received constant support from the Navi Team, wherever I got stuck.
Mukta Chakravorty
Frequently Asked Questions
Why should I invest?
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!
What is Navi Nifty Bank Index fund?
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.
What is NFO?
A new fund offer (NFO) is the first subscription offering for any new fund launched by an asset management company.
Which benchmark index does the scheme follow?
Navi Nifty Bank Index fund tracks the Nifty Bank TRI
What is tracking error?
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.
When can I invest?
You can invest on all days. In case you invest on a non-business day (Saturdays, Sundays,
Indian Public Holidays), next business day's NAV will be allotted.
How can I invest?
You can invest with Navi Mutual Fund using the Navi App. It is available on Play Store and App Store. In case you wish to invest through a website, you can do the same by visiting
https://mycams.camsonline.com/
.
Company
Important Links
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: Vaishnavi Tech Square, 7th Floor, Iballur Village, Taluk, Bagalur, Begur, Hobli, Bengaluru, Karnataka 560102
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer(ELSS Fund): *This tax saving is for illustrative purpose only. The same has been arrived at for an individual in the 30% Income Tax Bracket with a maximum investment of Rs. 1.5 lakh. Investments made in an ELSS fund are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Please contact your financial and tax advisors to know more.
Registered Office Address: Vaishnavi Tech Square, 7th Floor, Iballur Village, Taluk, Bagalur, Begur, Hobli, Bengaluru, Karnataka 560102
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer(ELSS Fund): *This tax saving is for illustrative purpose only. The same has been arrived at for an individual in the 30% Income Tax Bracket with a maximum investment of Rs. 1.5 lakh. Investments made in an ELSS fund are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Please contact your financial and tax advisors to know more.
All information is subject to specific conditions | © 2024 Navi Technologies Ltd. All rights are reserved.