Navi Nifty Bank Index Fund Overview
Category Index Funds
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹13.0(R) -1.59% ₹13.27(D) -1.58%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.93% -% -% -% -%
LumpSum (D) 7.7% -% -% -% -%
SIP (R) -% -% -% -% -%
SIP (D) -39.89% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Index Funds
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
ICICI Prudential Nifty Smallcap 250 Index Fund 2
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 3
Nippon India Nifty Smallcap 250 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Nippon India Nifty Midcap 150 Index Fund 6
Nippon India Nifty 50 Value 20 Index Fund 7
Dsp Nifty Next 50 Index Fund 8
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund 9
Kotak Nifty Next 50 Index Fund 10
Icici Prudential Nifty Next 50 Index Fund 11

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Navi Nifty Bank Index Fund- Regular Plan- Growth 13.0
-0.2100
-1.5900%
Navi Nifty Bank Index Fund- Direct Plan- Growth 13.27
-0.2100
-1.5800%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis 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 Navi Nifty Bank Index Fund has one return parameter in the category, which is above average but below the top 25%, as shown below:
      • 3M Return %
    3. Below Average: Three return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 1M Return %
      • 6M Return %
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Navi Nifty Bank Index Fund, we have analyzed zero risk parameters and divided them 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 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: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    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.) Performance
1M Return % 0.70
2.28
-2.55 | 9.59 109 | 145 Average
3M Return % -5.81
-6.03
-14.59 | 4.05 59 | 143 Good
6M Return % -2.09
1.16
-10.55 | 25.65 103 | 140 Average
1Y Return % 6.93
19.82
6.86 | 39.20 120 | 122 Poor
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.76 2.32 -2.50 | 9.66 112 | 147
3M Return % -5.65 -5.93 -14.49 | 4.22 60 | 145
6M Return % -1.72 1.43 -10.29 | 26.07 105 | 142
1Y Return % 7.70 20.39 7.47 | 40.11 117 | 123
1Y SIP Return % -39.89 -35.21 -40.33 | -21.70 72 | 87
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.59 ₹ 9,841.00 -1.58 ₹ 9,842.00
1W -5.29 ₹ 9,471.00 -5.28 ₹ 9,472.00
1M 0.70 ₹ 10,070.00 0.76 ₹ 10,076.00
3M -5.81 ₹ 9,419.00 -5.65 ₹ 9,435.00
6M -2.09 ₹ 9,791.00 -1.72 ₹ 9,828.00
1Y 6.93 ₹ 10,693.00 7.70 ₹ 10,770.00
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 ₹ -39.89 ₹ 9,208.08
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Navi Nifty Bank Index Fund NAV Regular Growth Navi Nifty Bank Index Fund NAV Direct Growth
20-12-2024 13.0008 13.2703
19-12-2024 13.2104 13.484
18-12-2024 13.3553 13.6316
17-12-2024 13.5339 13.8136
16-12-2024 13.7257 14.0091
13-12-2024 13.7272 14.0099
12-12-2024 13.6333 13.9137
11-12-2024 13.6784 13.9596
10-12-2024 13.7265 14.0084
09-12-2024 13.6833 13.964
06-12-2024 13.7103 13.9907
05-12-2024 13.7347 14.0154
04-12-2024 13.6487 13.9274
03-12-2024 13.5025 13.7779
02-12-2024 13.3522 13.6243
29-11-2024 13.3394 13.6105
28-11-2024 13.3015 13.5715
27-11-2024 13.4032 13.675
26-11-2024 13.3752 13.6462
25-11-2024 13.3796 13.6504
22-11-2024 13.1053 13.3698
21-11-2024 12.91 13.1703

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.