July 22, 2024
mayank
Navi Nifty India Manufacturing Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 17.3740
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Suitable For Which Investors?
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 Manager:
1) Aditya Mulki
Education: Mr. Mulki is a CFA and B.COM
Experience: Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.
2) Ashutosh Shirwaikar
Education: Mr. Shirwaikar has done MMS and CFA
Experience: Prior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank
Investment Details
| Min. Investment (Rs) | 10 |
| Min. Addl Investment (Rs) | 10 |
| Min. SIP Investment (Rs) | 10 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Navi Nifty India Manufacturing Index Fund
| Fund House | Navi Mutual Fund |
| Launch Date | 26-Aug-22 |
| Return Since Launch | 33.77% |
| Benchmark | Nifty India Manufacturing TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 44 Cr |
| (As on 30-Jun-2024) | |
| Expense | 0.21% |
| (As on 30-Jun-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 45.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Navi Nifty India Manufacturing Index Dir | 30.30 | -2.52 | -1.08 | 15.25 | 29.68 | 52.37 | — | — | — | — |
| BSE 500 TRI | 18.32 | -1.50 | 2.99 | 12.67 | 17.23 | 35.81 | — | — | — | — |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Navi Nifty India Manufacturing Index Dir | Unrated | 52.37 | — | — | 0.21 | 44 | 33.77 | — | 1Y 10M | 45.00 |
| ICICI Pru Thematic Advantage (FOF) Dir | Unrated | 32.97 | 20.74 | 24.65 | 0.44 | 1,657 | 16.86 | 1.00 (365) | 11Y 6M | 4.00 |
| ICICI Pru India Opportunities Dir | Unrated | 45.90 | 31.07 | 27.96 | 0.57 | 21,037 | 26.01 | 1.00 (365) | 5Y 6M | 86.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.39 | 11,883 | 7.44 | 1.00 (30) | 2M | — |
| ICICI Pru Business Cycle Dir | Unrated | 44.17 | 26.40 | — | 0.73 | 10,907 | 27.79 | 1.00 (30) | 3Y 6M | 46.00 |
Portfolio Analysis of Navi Nifty India Manufacturing Index Fund
| No. of Stocks | 75 |
| Top 10 Stocks | 38.03% |
| Top 5 Stocks | 22.39% |
| Top 3 Sectors | 65.40% |
| Portfolio P/B Ratio | 4.40 |
| Portfolio P/E Ratio | 29.50 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,54,311 | 1,33,238 |
| Giant (%) | 45.61 | 41.92 |
| Large (%) | 38.75 | 25.47 |
| Mid (%) | 15.64 | 27.01 |
| Small (%) | — | 12.39 |
| Tiny (%) | — | 0.31 |
Chanakya’s Mutual Fund Guidance For Navi Nifty India Manufacturing Index Fund
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