September 28, 2026
mayank
Navi Nifty IT Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 9.33 |
| NAV IDCW (Rs.) | — |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 12 |
| Benchmark | NIFTY IT TRI |
| AUM Rs. | 23 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.35% |
| 1 Year Return (%) | -18.70 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | -5.47% |
Suitable For Which Investors?
Technology funds are suitable for investors:
1. Wanting a small, supporting exposure to the information technology sector
2. Aiming for long term wealth creation
3. With a 7+ year investment horizon, who can withstand the sharper swings of a concentrated portfolio
Note:
• Most investors can skip these funds and stick to diversified equity funds instead
• If you choose to invest, do so only through SIP
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index
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 | -5.47% |
| Benchmark | NIFTY IT TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 23 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.35% |
| (As on 31-Aug-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 41.00% |
Navi Nifty IT Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Navi Nifty IT Index Dir | -22.23 | 0.23 | -5.38 | 1.24 | 1.79 | -18.70 | — | — | — | — |
| BSE IT TRI | -23.04 | 0.16 | -5.43 | -0.22 | 1.38 | -20.39 | — | — | — | — |
| Equity: Sectoral-Technology | -13.10 | 0.24 | -3.10 | 4.71 | 11.21 | -10.92 | — | — | — | — |
| Rank within category | 21 | 15 | 20 | 22 | 22 | 21 | — | — | — | — |
| Number of funds in category | 22 | 23 | 23 | 23 | 22 | 22 | 11 | 5 | 5 | 5 |
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 | -18.70 | — | — | 0.35 | 23 | -5.47 | — | 2Y 5M | 41.00 |
| ICICI Pru Nifty IT Index Dir | Unrated | -18.52 | -2.71 | — | 0.22 | 468 | 0.88 | — | 4Y 1M | 48.00 |
| Nippon India ETF Nifty IT | Unrated | -18.46 | -2.57 | -2.23 | 0.19 | 3,800 | 13.15 | — | 6Y 2M | 54.00 |
| ICICI Pru Nifty IT ETF | Unrated | -18.32 | -2.48 | -2.16 | 0.17 | 575 | 9.89 | — | 6Y 1M | 55.00 |
| ICICI Pru Technology Dir | Unrated | -11.55 | 4.73 | 3.07 | 0.89 | 13,661 | 18.46 | 1.00 (15) | 13Y 8M | 79.00 |
Portfolio Analysis of Navi Nifty IT Index Fund
| No. of Stocks | 10 |
| Top 10 Stocks | 99.85% |
| Top 5 Stocks | 78.00% |
| Top 3 Sectors | 99.85% |
| Portfolio P/B Ratio | 5.44 |
| Portfolio P/E Ratio | 19.00 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,91,721 | 2,24,577 |
| Large (%) | 80.46 | 63.54 |
| Mid (%) | 19.54 | 24.67 |
| Small (%) | — | 25.02 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://navi.com/mutual-fund OR
https://play.google.com/store/apps/details?id=com.naviapp&pcampaignid=web_share
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>> NFO Guidance: https://sahifund.com/category/nfos/
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