July 30, 2025
mayank
Navi Nifty IT Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.3870
Suitable For Which Investors?
This is a fund that invests mainly in shares of companies in the information technology sector.
We believe that investors should avoid funds that have a narrowly defined investment mandate 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.
Fund’s Investment Strategy:
The scheme seeks to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT Index, subject to tracking error.
Fund Manager:
1) 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) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 10 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Navi Nifty IT Index Fund
| Fund House | Navi Mutual Fund |
| Launch Date | 26-Mar-24 |
| Return Since Launch | 2.87% |
| Benchmark | NIFTY IT TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 22 Cr |
| (As on 30-Jun-2025) | |
| Expense | 0.36% |
| (As on 30-Jun-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 43.00% |
Trailing Returns (%) of Navi Nifty IT Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Navi Nifty IT Index Dir | -17.06 | 0.01 | -8.54 | -0.71 | -16.67 | -11.62 | — | — | — | — |
| BSE IT TRI | -17.88 | 0.20 | -7.83 | 0.27 | -15.87 | -14.47 | — | — | — | — |
| Equity: Sectoral-Technology | -9.99 | 0.35 | -5.40 | 4.58 | -5.68 | -5.68 | — | — | — | — |
| Rank within category | 15 | 19 | 16 | 19 | 15 | 11 | — | — | — | — |
| Number of funds in category | 19 | 21 | 21 | 20 | 19 | 15 | 6 | 5 | 5 | 4 |
Peer Comparison of Navi Nifty IT Index Fund
| 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 IT Index Dir | Unrated | -11.62 | — | — | 0.36 | 22 | 2.87 | — | 1Y 4M | 43.00 |
| ICICI Pru Nifty IT Index Dir | Unrated | -11.69 | — | — | 0.37 | 549 | 7.43 | — | 2Y 11M | 38.00 |
| Nippon India ETF Nifty IT | Unrated | -11.60 | 8.50 | 16.58 | 0.22 | 2,448 | 20.36 | — | 5Y 1M | 59.00 |
| ICICI Pru Nifty IT ETF | Unrated | -11.58 | 8.55 | — | 0.20 | 487 | 16.28 | — | 4Y 11M | 59.00 |
| ICICI Pru Technology Dir | Unrated | -2.63 | 14.52 | 25.04 | 0.96 | 14,590 | 21.18 | 1.00 (15) | 12Y 6M | 49.00 |
Portfolio Analysis of Navi Nifty IT Index Fund
| No. of Stocks | 10 |
| Top 10 Stocks | 99.50% |
| Top 5 Stocks | 78.40% |
| Top 3 Sectors | 99.50% |
| Portfolio P/B Ratio | 7.72 |
| Portfolio P/E Ratio | 27.10 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,90,877 | 3,03,560 |
| Giant (%) | 83.30 | 68.21 |
| Large (%) | 7.88 | 11.42 |
| Mid (%) | 8.82 | 16.21 |
| Small (%) | — | 8.83 |
| Tiny (%) | — | 0.17 |
Chanakya’s Mutual Fund Guidance For Navi Nifty IT Index Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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