Navi Nifty Bank Index Fund
Navi Mutual Fund · Index Fund · Direct plan, growth option
NAV (₹), 2 Oct 2026
14.3753
1-day change
-0.33%
1Y return
-1.3%
3Y CAGR
7.5%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 4 Feb 2022 to 1 Oct 2026
Returns vs Index Fund median (265 schemes) and “Sector: Banking & financial services” median (21)
| Period | Scheme | Category median | Sector: Banking & financial services median |
|---|---|---|---|
| 1 month | -5.1% | -6.5% | -5.2% |
| 3 months | -6.0% | -5.1% | -6.1% |
| 6 months | 6.4% | 5.5% | 6.4% |
| Year to date | -8.2% | -6.8% | -8.2% |
| 1 year | -1.3% | -3.0% | -1.2% |
| 3 years (CAGR) | 7.5% | 8.7% | 7.5% |
| 5 years (CAGR) | n/a | 7.6% | 8.5% |
| 7 years (CAGR) | n/a | 11.1% | 9.8% |
| 10 years (CAGR) | n/a | 10.9% | n/a |
| Since first NAV (CAGR) | 8.1% | – | – |
“Sector: Banking & financial services” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 12.3% | 7.2% |
| 3Y rolling median | 11.9% | 16.3% |
| 3Y rolling worst | 7.0% | 8.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.7% |
| 5Y rolling worst | n/a | 6.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 16.8% | 17.3% |
| Sharpe ratio | 0.14 | 0.21 |
| Sortino ratio | 0.20 | 0.30 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.4% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.6% |
| Current drawdown | −11.1% | −11.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -8.2% | n/a | – |
| 2025 | 17.8% | n/a | – |
| 2024 | 6.0% | n/a | – |
| 2023 | 12.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,15,133 | -7.4% |
| 3 years | ₹3,60,000 | ₹3,78,841 | 3.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Navi Mutual Fund
Category: Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 149804
ISIN: INF959L01FT4
First NAV in MFIC data: 4 Feb 2022
History: 4.7 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| BANDHAN NIFTY BANK INDEX FUND | Index Fund | 1.00 | n/a |
| DSP Nifty Bank Index Fund | Index Fund | 1.00 | n/a |
| Nippon India Nifty Bank Index Fund | Index Fund | 1.00 | n/a |
| Axis Nifty Bank Index Fund | Index Fund | 1.00 | n/a |
| Motilal Oswal Nifty Bank Index Fund | Index Fund | 1.00 | 7.4% |
| ICICI Prudential Nifty Bank Index Fund | Index Fund | 1.00 | 7.5% |
Questions about Navi Nifty Bank Index Fund
- What is the latest NAV of Navi Nifty Bank Index Fund?
- The NAV of the Direct plan (growth option) was ₹14.3753 on 2 Oct 2026, as published by AMFI.
- Which category is Navi Nifty Bank Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 265 Index Fund schemes (Direct plans).
- What returns has Navi Nifty Bank Index Fund delivered?
- Over one year the NAV changed by -1.3%. The 3-year CAGR is 7.5% (category median 8.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 11.9%, the lowest was 7.0%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Navi Nifty Bank Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 18.4%.
- How volatile is Navi Nifty Bank Index Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.8%, which is below the Index Fund category median of 17.3%.
- What would a monthly SIP in Navi Nifty Bank Index Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,78,841 on 2 Oct 2026, an annualised return (XIRR) of 3.3%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -1.3% and the Regular plan's by -2.1%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.