Navi Flexi Cap Fund
Navi Mutual Fund · Flexi Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
23.9870
1-day change
-1.17%
1Y return
5.6%
3Y CAGR
8.6%
5Y CAGR
8.7%
Max drawdown, 5Y
−19.9%
NAV history month-end NAV, ₹ · 10 Jul 2018 to 1 Oct 2026
Returns vs Flexi Cap median (46 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.6% | -5.6% |
| 3 months | -2.4% | -3.0% |
| 6 months | 12.6% | 9.3% |
| Year to date | 1.7% | -3.5% |
| 1 year | 5.6% | -0.9% |
| 3 years (CAGR) | 8.6% | 9.7% |
| 5 years (CAGR) | 8.7% | 8.7% |
| 7 years (CAGR) | 12.5% | 13.3% |
| 10 years (CAGR) | n/a | 12.0% |
| Since first NAV (CAGR) | 11.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.5% | 10.0% |
| 3Y rolling median | 14.4% | 15.0% |
| 3Y rolling worst | 7.6% | -4.0% |
| 3Y periods positive | 100% | 99% |
| 3Y periods ahead of benchmark | 0% | 41% |
| 5Y rolling median | 14.9% | 14.6% |
| 5Y rolling worst | 8.7% | 0.8% |
| 5Y periods ahead of benchmark | 1% | 14% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.6% | 15.6% |
| Sharpe ratio | 0.21 | 0.29 |
| Sortino ratio | 0.30 | 0.41 |
| Beta | 0.96 | 0.96 |
| Alpha (ann.) | 0.0% | 1.1% |
| Upside capture | 94.54 | 99.18 |
| Downside capture | 94.90 | 97.41 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −38.0% | −30.0% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | −19.9% | −20.5% |
| Current drawdown | −5.5% | −7.2% |
| Recovery time of worst fall | 255 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.59% a year and the Direct plan's 0.72%, a gap of 1.87%; over the last 3 years the Direct plan returned 2.00 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹42,05,749.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Aditya Mulki | Equity | 5 Feb 2022 |
| Ashutosh Shirwaikar | Equity | 1 Aug 2023 |
Objective: To generate capital appreciation in the long term through equity investments by investing in a diversified portfolio of large cap, mid cap and small cap companies as defined by SEBI from time to time. 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.
Stated asset allocation: Equity & Equity Related Instruments#: 65% To 100% Debt & Money market Instruments: 0% To 35% Investment in REITs and InvITs: 0% To 10% # including Derivative instruments
Benchmark (tier 1): NIFTY 500 TRI Index
Minimum application: ₹10
Allotment date: 9 Jul 2018
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.59% | 2.19% |
| AUM, whole scheme (₹ crore) | 286 | 4,704 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 8.1% | -2.0% TRI |
| Return, 3 years (AMFI) | 9.0% | 9.5% TRI |
| Return, 5 years (AMFI) | 8.9% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 13% | 48% median |
| Month-ends in category top quartile (3Y) | 0% | 18% median |
| 7Y rolling CAGR, median (monthly windows) | 12.6% | 13.6% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Flexi Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 1.7% | -7.8% | +9.5% |
| 2025 | 4.7% | 7.7% | −3.0% |
| 2024 | 11.4% | 15.6% | −4.3% |
| 2023 | 24.2% | 26.5% | −2.3% |
| 2022 | 0.4% | 3.8% | −3.4% |
| 2021 | 32.8% | 30.6% | +2.2% |
| 2020 | 8.8% | 17.2% | −8.4% |
| 2019 | 13.1% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. 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 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,667 | 4.1% |
| 3 years | ₹3,60,000 | ₹3,91,822 | 5.6% |
| 5 years | ₹6,00,000 | ₹7,49,016 | 8.8% |
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: Flexi Cap
Plan / option: Regular · Growth
AMFI scheme code: 143787
ISIN: INF959L01EE9
First NAV in MFIC data: 10 Jul 2018
History: 8.2 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| PGIM India Multi Cap Fund | Multi Cap | 0.98 | n/a |
| Navi Large & Midcap Fund | Large & Mid Cap | 0.98 | 6.6% |
| Mirae Asset Multicap Fund | Multi Cap | 0.97 | 10.6% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund | ELSS | 0.97 | 8.3% |
| Tata ELSS - Tax Saver Fund | ELSS | 0.97 | 10.0% |
| TATA MULTICAP FUND | Multi Cap | 0.97 | 7.3% |
Questions about Navi Flexi Cap Fund
- What is the latest NAV of Navi Flexi Cap Fund?
- The NAV of the Regular plan (growth option) was ₹23.9870 on 1 Oct 2026, as published by AMFI.
- Which category is Navi Flexi Cap Fund in?
- It is classified as Flexi Cap in AMFI's daily NAV file; a Flexi Cap scheme invests at least 65% in equities without fixed limits across company sizes. MFIC compares it with 46 Flexi Cap schemes (Regular plans).
- What returns has Navi Flexi Cap Fund delivered?
- Over one year the NAV changed by 5.6%. The 3-year CAGR is 8.6% (category median 9.7%) and the 5-year CAGR is 8.7% (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 14.4%, the lowest was 7.6%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 0% of those periods.
- What was the largest fall in Navi Flexi Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 38.0%; within the last five years it was 19.9% (category median 20.5%).
- How volatile is Navi Flexi Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.6%, which is below the Flexi Cap category median of 15.6%.
- What would a monthly SIP in Navi Flexi Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,49,016 on 1 Oct 2026, an annualised return (XIRR) of 8.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Navi Flexi Cap Fund?
- The total expense ratio of the Regular plan is 2.59% a year, as disclosed to AMFI (median of Flexi Cap Regular plans: 2.19%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Navi Flexi Cap Fund?
- Assets under management of the whole scheme were ₹286 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Navi Flexi Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Navi Flexi Cap Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 9.0% for this plan against 9.5% for the benchmark total return index; over 5 years 8.9% against 9.0%. Past performance does not indicate future results.
- How often has Navi Flexi Cap Fund beaten its category?
- At 13% of the 63 month-ends compared over the last 10 years, its 3-year return was above the median of Flexi Cap schemes (Regular plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Navi Flexi Cap Fund?
- According to its Scheme Summary Document, Navi Flexi Cap Fund is managed by Aditya Mulki (since 5 Feb 2022), Ashutosh Shirwaikar (since 1 Aug 2023).
- What is the minimum investment in Navi Flexi Cap Fund?
- The minimum application amount is ₹10.
- 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 7.5% and the Regular plan's by 5.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular 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.