Navi Nifty Bank Index Fund
Navi Nifty Bank Index Fund is a index funds etfs fund of Navi Mutual Fund with ₹624 cr under management. It is ahead of its benchmark (Nifty Bank TRI) in 0 of 2 periods. Its direct plan charges 0.23% a year. Ashutosh Shirwaikar has managed it for 1.7 years.
Has Navi Nifty Bank Index Fund beaten its benchmark?
Ahead of its benchmark, Nifty Bank TRI, in 0 of 2 periods in AMFI's figures; −1.66% over the last year against −1.38%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | −2.27% | −3.60% | — |
| 3 months | −4.08% | −5.03% | — |
| 6 months | −1.21% | −1.83% | — |
| 1 year | −1.73% | −4.06% | +2.33 pts |
| 3 years | +8.28% | +9.27% | −0.99 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 4 Feb 2022 | +8.44% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | −1.66% | −2.47% | −1.38% | −0.28 | 🔒 |
| 3y | +8.37% | +7.56% | +8.63% | −0.26 | 🔒 |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Feb 2022 to 14 Oct 2026₹100 put in at the start of Feb 2022 would be ₹157 on 14 Oct 2026, against ₹161 in the Nifty 500 TRI.
What does Navi Nifty Bank Index Fund cost?
0.23% a year on the direct plan, 1.11% on the regular plan; 82 of 285 funds in its category charge less.
Who manages Navi Nifty Bank Index Fund?
Ashutosh Shirwaikar, since 14 Feb 2025.
What does Navi Nifty Bank Index Fund hold?
Not read yet: the fund house's monthly portfolio file is not covered so far.
Questions people ask
Who manages Navi Nifty Bank Index Fund?
Ashutosh Shirwaikar (Equity) since 14 Feb 2025.
What is the expense ratio of Navi Nifty Bank Index Fund?
0.23% a year on the direct plan and 1.11% on the regular plan (expense report, Oct 2026).
How has Navi Nifty Bank Index Fund done?
Its direct plan returned +8.37% a year over 3 years against +8.63% for its benchmark, Nifty Bank TRI, as of 13 Oct 2026.
See Navi Nifty Bank Index Fund beside your own funds in Valarth
