Navi Nifty Bank Index Fund Overview
Category Index Funds
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Growth Option As On: 16-04-2024
NAV ₹12.13 (R) -0.61% ₹12.32 (D) -0.61%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 12.05% -% -% -% -%
LumpSum Dir. P 12.82% -% -% -% -%
SIP Reg. P 8.78% -% -% -% -%
SIP Dir. P 9.54% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 16-04-2024

Scheme Name NAV Rupee Change Percent Change
Navi Nifty Bank Index Fund- Regular Plan- Growth 12.13
-0.0700
-0.6100%
Navi Nifty Bank Index Fund- Direct Plan- Growth 12.32
-0.0800
-0.6100%

Review Date: Feb. 29, 2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated four return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Navi Nifty Bank Index Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Navi Nifty Bank Index Fund does not have any risk parameters in the lowest 25% of the category. It means the fund has high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Navi Nifty Bank Index Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Navi Nifty Bank Index Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Navi Nifty Bank Index Fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.86
2.07
-8.99 | 11.26 30 | 88
No
No
No
3M Return % 2.84
4.62
-9.04 | 14.56 39 | 88
No
No
No
6M Return % 6.44
15.10
3.64 | 36.14 66 | 88
No
No
Yes
1Y Return % 12.05
31.99
6.32 | 74.68 68 | 88
No
No
Yes
1Y SIP Return % 8.78
24.82
-9.63 | 64.69 67 | 88
No
No
Yes
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.92 2.10 -9.01 | 11.31 30 | 88
No
No
No
3M Return % 3.01 4.71 -8.99 | 14.59 39 | 88
No
No
No
6M Return % 6.81 15.33 3.71 | 36.32 65 | 88
No
No
No
1Y Return % 12.82 32.56 6.58 | 75.87 68 | 88
No
No
Yes
1Y SIP Return % 9.54 25.34 -9.40 | 65.46 66 | 88
No
No
Yes
Return data last Updated On : April 16, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.61 ₹ 9939.0 -0.61 ₹ 9939.0
1W - ₹ - - ₹ -
1M 1.86 ₹ 10186.0 1.92 ₹ 10192.0
3M 2.84 ₹ 10284.0 3.01 ₹ 10301.0
6M 6.44 ₹ 10644.0 6.81 ₹ 10681.0
1Y 12.05 ₹ 11205.0 12.82 ₹ 11282.0
3Y - ₹ - - ₹ -
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 8.7799 ₹ 12562.8 9.544 ₹ 12611.112
3Y ₹ 36000 - ₹ - - ₹ -
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
16-04-2024 12.1305 12.3207
15-04-2024 12.2047 12.3958
12-04-2024 12.4083 12.6017
09-04-2024 12.4517 12.645
08-04-2024 12.4138 12.6064
05-04-2024 12.392 12.5834
04-04-2024 12.2816 12.4711
03-04-2024 12.1701 12.3577
02-04-2024 12.1502 12.3372
01-04-2024 12.1589 12.3458
28-03-2024 12.0437 12.228
27-03-2024 11.9609 12.1436
26-03-2024 11.913 12.0948
22-03-2024 11.9817 12.1636
21-03-2024 11.9361 12.1171
20-03-2024 11.8405 12.0198
19-03-2024 11.8598 12.0391
18-03-2024 11.909 12.0889
15-03-2024 11.9145 12.0938
14-03-2024 11.9651 12.1449
13-03-2024 12.0145 12.1948
12-03-2024 12.0919 12.2731
11-03-2024 12.1038 12.285
07-03-2024 12.2351 12.4173
06-03-2024 12.2686 12.4511
05-03-2024 12.1704 12.3511
04-03-2024 12.1386 12.3187
01-03-2024 12.096 12.2748
29-02-2024 11.7974 11.9714
28-02-2024 11.7572 11.9304
27-02-2024 11.9177 12.0931
26-02-2024 11.915 12.0902
23-02-2024 11.9762 12.1515
22-02-2024 12.0048 12.1803
21-02-2024 12.0307 12.2064
20-02-2024 12.0502 12.2259
19-02-2024 11.9072 12.0806
16-02-2024 11.8694 12.0416
15-02-2024 11.8271 11.9984
14-02-2024 11.7477 11.9177
13-02-2024 11.6438 11.8121
12-02-2024 11.4854 11.6511
09-02-2024 11.6791 11.847
08-02-2024 11.5197 11.685
07-02-2024 11.7269 11.895
06-02-2024 11.6944 11.8618
05-02-2024 11.7293 11.897
02-02-2024 11.7674 11.9349
01-02-2024 11.8236 11.9916
31-01-2024 11.7746 11.9418
30-01-2024 11.6135 11.7781
29-01-2024 11.6329 11.7976
25-01-2024 11.4861 11.6479
24-01-2024 11.5419 11.7042
23-01-2024 11.525 11.6869
19-01-2024 11.702 11.8655
18-01-2024 11.7055 11.8687
17-01-2024 11.7959 11.9602
16-01-2024 12.3249 12.4962
15-01-2024 12.3336 12.5049
12-01-2024 12.2195 12.3884
11-01-2024 12.1502 12.318
10-01-2024 12.1306 12.2979
09-01-2024 12.1006 12.2672
08-01-2024 12.1541 12.3212
05-01-2024 12.3367 12.5056
04-01-2024 12.3465 12.5153
03-01-2024 12.2209 12.3878
02-01-2024 12.2358 12.4026
01-01-2024 12.3574 12.5257
29-12-2023 12.3731 12.5408
28-12-2023 12.4292 12.5975
27-12-2023 12.3715 12.5388
26-12-2023 12.2285 12.3936
22-12-2023 12.1699 12.3333
21-12-2023 12.2596 12.4239
20-12-2023 12.1586 12.3214
19-12-2023 12.2681 12.432
18-12-2023 12.2675 12.4313
15-12-2023 12.3392 12.5031
14-12-2023 12.2339 12.3963
13-12-2023 12.07 12.2299
12-12-2023 12.0717 12.2314
11-12-2023 12.1275 12.2878
08-12-2023 12.115 12.2743
07-12-2023 12.0073 12.165
06-12-2023 12.0058 12.1633
05-12-2023 12.0517 12.2095
04-12-2023 11.9029 12.0585
01-12-2023 11.4885 11.6381
30-11-2023 11.4035 11.5517
29-11-2023 11.4255 11.5738
28-11-2023 11.2498 11.3956
24-11-2023 11.2221 11.3667
23-11-2023 11.1732 11.3169
22-11-2023 11.1406 11.2837
21-11-2023 11.2023 11.346
20-11-2023 11.1758 11.319
17-11-2023 11.1763 11.3188
16-11-2023 11.3248 11.469
15-11-2023 11.3354 11.4794
13-11-2023 11.2562 11.3988
10-11-2023 11.2387 11.3805
09-11-2023 11.204 11.3451
08-11-2023 11.1978 11.3387
07-11-2023 11.2184 11.3593
06-11-2023 11.1883 11.3285
03-11-2023 11.1118 11.2504
02-11-2023 11.0348 11.1723
01-11-2023 10.9538 11.0901
31-10-2023 10.9913 11.1279
30-10-2023 11.0412 11.1782
27-10-2023 10.9759 11.1114
26-10-2023 10.8473 10.9811
25-10-2023 10.9893 11.1247
23-10-2023 11.0719 11.2078
20-10-2023 11.2195 11.3566
19-10-2023 11.228 11.365
18-10-2023 11.2628 11.4
17-10-2023 11.397 11.5356
16-10-2023 11.3501 11.488
13-10-2023 11.367 11.5043
12-10-2023 11.4473 11.5855
11-10-2023 11.4266 11.5642
10-10-2023 11.3866 11.5235
09-10-2023 11.2651 11.4004
06-10-2023 11.3877 11.5238
05-10-2023 11.3502 11.4856
04-10-2023 11.2864 11.4209
03-10-2023 11.3986 11.5341
29-09-2023 11.4473 11.5825
27-09-2023 11.4501 11.5849
26-09-2023 11.4596 11.5943
25-09-2023 11.4964 11.6313
22-09-2023 11.4576 11.5913
21-09-2023 11.4609 11.5945
20-09-2023 11.6568 11.7924
18-09-2023 11.8106 11.9476
15-09-2023 11.8762 12.0132
14-09-2023 11.8174 11.9535
13-09-2023 11.7946 11.9302
12-09-2023 11.6925 11.8267
11-09-2023 11.7081 11.8423
08-09-2023 11.6023 11.7346
07-09-2023 11.5311 11.6623
06-09-2023 11.4106 11.5403
05-09-2023 11.4426 11.5724
04-09-2023 11.4547 11.5844
01-09-2023 11.4189 11.5476
31-08-2023 11.3044 11.4316
30-08-2023 11.3672 11.4948
29-08-2023 11.4349 11.563
28-08-2023 11.435 11.5629
25-08-2023 11.3682 11.4948
24-08-2023 11.4365 11.5636
23-08-2023 11.4323 11.5592
22-08-2023 11.308 11.4332
21-08-2023 11.3104 11.4355
18-08-2023 11.2725 11.3964
17-08-2023 11.2831 11.407
16-08-2023 11.2975 11.4213
14-08-2023 11.3351 11.4589
11-08-2023 11.3636 11.487
10-08-2023 11.4491 11.5733
09-08-2023 11.5363 11.6612
08-08-2023 11.5356 11.6603
07-08-2023 11.5034 11.6275
04-08-2023 11.515 11.6385
03-08-2023 11.4206 11.5429
02-08-2023 11.5457 11.6692
01-08-2023 11.6993 11.8242
31-07-2023 11.7147 11.8395
28-07-2023 11.6688 11.7924
27-07-2023 11.7236 11.8476
26-07-2023 11.8231 11.948
25-07-2023 11.7683 11.8923
24-07-2023 11.7894 11.9134
21-07-2023 11.8304 11.9542
20-07-2023 11.8609 11.9848
19-07-2023 11.7294 11.8517
18-07-2023 11.6641 11.7854
17-07-2023 11.6747 11.7959
14-07-2023 11.5173 11.6363
13-07-2023 11.4783 11.5967
12-07-2023 11.473 11.591
11-07-2023 11.5015 11.6196
10-07-2023 11.5321 11.6504
07-07-2023 11.5504 11.6681
06-07-2023 11.656 11.7747
05-07-2023 11.6081 11.7258
04-07-2023 11.648 11.7658
03-07-2023 11.6111 11.7284
30-06-2023 11.5066 11.6222
28-06-2023 11.4015 11.516
27-06-2023 11.3501 11.4639
26-06-2023 11.2272 11.3395
23-06-2023 11.2233 11.3349
22-06-2023 11.2479 11.3596
21-06-2023 11.2827 11.3945
20-06-2023 11.2592 11.3706
19-06-2023 11.2256 11.3364
16-06-2023 11.3045 11.4155
15-06-2023 11.1778 11.2873
14-06-2023 11.3176 11.4283
13-06-2023 11.3414 11.4521
12-06-2023 11.307 11.4171
09-06-2023 11.3192 11.4288
08-06-2023 11.3211 11.4305
07-06-2023 11.3933 11.5032
06-06-2023 11.3652 11.4746
05-06-2023 11.3493 11.4583
02-06-2023 11.3081 11.4161
01-06-2023 11.262 11.3694
31-05-2023 11.3491 11.457
30-05-2023 11.4058 11.5141
29-05-2023 11.3743 11.482
26-05-2023 11.2996 11.406
25-05-2023 11.2136 11.319
24-05-2023 11.213 11.3181
23-05-2023 11.2843 11.3899
22-05-2023 11.2669 11.3722
19-05-2023 11.2894 11.3942
18-05-2023 11.2339 11.338
17-05-2023 11.2205 11.3242
16-05-2023 11.2734 11.3774
15-05-2023 11.2827 11.3865
12-05-2023 11.212 11.3145
11-05-2023 11.1305 11.2321
10-05-2023 11.0938 11.1949
09-05-2023 11.06 11.1605
08-05-2023 11.0822 11.1828
05-05-2023 10.9234 11.0219
04-05-2023 11.186 11.2866
03-05-2023 11.0909 11.1904
02-05-2023 11.1013 11.2008
28-04-2023 11.0721 11.1704
27-04-2023 11.0125 11.1102
26-04-2023 10.969 11.066
25-04-2023 10.9305 11.0269
24-04-2023 10.9198 11.016
21-04-2023 10.7879 10.8823
20-04-2023 10.8269 10.9214
19-04-2023 10.7976 10.8916
18-04-2023 10.8263 10.9204
17-04-2023 10.8281 10.9198

Fund Launch Date: 07/Feb/2022
Fund Category: Index Funds
Investment Objective: The investment objective of the scheme is to achieve return equivalent to Nifty Bank Index Index by investing in stocks of companies comprising Nifty Bank Index, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Description: An open-ended equity scheme replicating / tracking Nifty Bank Index
Fund Benchmark: Nifty Bank Index Total Returns Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.