Former Flipkart co-founder Sachin Bansal and former Bank of America and Deutsche Bank banker Ankit Agarwal founded Navi Mutual Fund. Anmol Como Broking Private Limited sponsors Navi Mutual Fund and Navi AMC Limited manages its investments. The promoters bought Essel Finance Mutual Fund in 2019. Essel Finance Mutual Fund became Navi Mutual Fund in April 2021. As of August 2024, the fund house managed Rs 6,559 crores. Navi Mutual Fund offers 17 mutual fund schemes: 13 equity, 2 debt, and 2 hybrid. The fund house has 0.1% industry AUM on March 30, 2024. As of Mar 2024, the fund house's top three AUM schemes are: Nifty 50 Index Fund, NASDAQ 100 FoF, US Total Stock Market FoF.
How to Invest in Navi Mutual Fund on Swaraj Finpro.
Investing in Navi Mutual Fund online is a convenient process and you can do so by following the few simple steps mentioned below:
Step 1. Log-in to your Swaraj Finpro account or register if you don’t have one.
Step 2. Upload your identity proof documents (Aadhaar, Voter ID, PAN, Passport, Driving License, Central or State Government ID card, etc.)
Step 3. Upload your proof of address documents (any identity proof documents with your permanent address, etc.)
Step 4. Select the investment period of your preference.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Choose your preferred Navi Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The Navi Mutual Fund
in India you have invested in will show in your Swaraj Finpro account within 3 to 4 working days.
Lets have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The Navi Nifty Next 50 Index Fund Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Navi Nifty Next 50 Index Fund Fund comes under the Equity category of Navi Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Navi Nifty Next 50 Index Fund via lump sum is ₹ 10 and via SIP is ₹ 100.
Scheme Objective: The scheme seeks to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor to achieve the returns of the index as closely as possible, though subject to tracking error. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 Index over the same period subject to tracking error.
Fund Performance: The Navi Nifty India Manufacturing Index Fund Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Navi Nifty India Manufacturing Index Fund Fund comes under the Equity category of Navi Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Navi Nifty India Manufacturing Index Fund via lump sum is ₹ 10 and via SIP is ₹ 100.
Scheme Objective: The scheme seeks to achieve return equivalent to Nifty India ManufacturingIndex by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error.
Fund Performance: The Navi Nifty Midcap 150 Index Fund Regular Plan Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Navi Nifty Midcap 150 Index Fund Regular Plan Fund comes under the Equity category of Navi Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Navi Nifty Midcap 150 Index Fund Regular Plan via lump sum is ₹ 10 and via SIP is ₹ 100.
Scheme Objective: The scheme seeks to achieve return equivalent to Nifty Midcap150 Index by investing in stocks of companies comprising Nifty Midcap 150 Index, subject to tracking error.
Fund Performance: The Navi NASDAQ 100 Fund of Fund Fund has given 0.00% annualized returns in the past three years and 0.00% in the last 5 years and 0.00% in the last 10 years. The Navi NASDAQ 100 Fund of Fund Fund comes under the Equity category of Navi Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Navi NASDAQ 100 Fund of Fund via lump sum is ₹ 10 and via SIP is ₹ 500.
Scheme Objective: The scheme seeks to provide long-term capital appreciation by investing in units of overseas ETFs and/ or Index Fund based on NASDAQ 100 Index.
Scheme Manager: Aditya Mulki.
Min Amt SIP
: ₹ 500
AUM in ( Cr.)
: ₹ 977.9
1 Y Return (%)
: 35.74
Risko-Meter : Very High
Fund Performance: The Navi ELSS Tax Saver Fund Fund has given 16.05% annualized returns in the past three years and 17.34% in the last 5 years and 0.00% in the last 10 years. The Navi ELSS Tax Saver Fund Fund comes under the Equity category of Navi Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Navi ELSS Tax Saver Fund via lump sum is ₹ 500 and via SIP is ₹ 500.
Scheme Objective: The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
Navi Mutual Fund
