Fund Name | NAV | Expenses Ratio | 1y Return | 3Y Returns | Risk | Fund Size (in Cr) | |
|---|---|---|---|---|---|---|---|
Navi Mutual Fund is a collaboration between Sachin Bansal, one of the co-founders of Flipkart, and Ankit Agarwal, a former banker from Bank of America and Deutsche Bank. The investment manager for Navi Mutual Fund is Navi AMC Limited, while its sponsor is Anmol Como Broking Private Limited. In 2019, the promoters acquired Essel Finance Mutual Fund, which was later renamed Navi Mutual Fund in April 2021. As of March 31, 2023, the company had assets worth ₹2,772 crore under its management. Navi Mutual Fund offers a range of mutual fund schemes, classified into various categories such as equity, debt, hybrid, and other schemes. In terms of assets under management as of October 17, 2023, the fund's top three schemes were the Navi Nifty 50 Index Fund, the Navi US Total Stock Market FoF, and the Navi NASDAQ 100 FoF.
| Founding date | December 4, 2009 |
| AMC Incorporation date | April 9, 2009 |
| Headquarters in | Bengaluru |
| Name of the sponsors | Anmol Como Broking Private Limited |
| Trustee organisation | Navi Trustee Limited |
| MD and CEO | Mr Rajiv Naresh |
| Chief Investment Officer | - |
| Compliance Officer | Mr Sweta Bharat Shah |
Ashutosh Shirwaikar
Fund Manager since Jul 2024 (2 years)
Investing in the Navi Mutual Fund is hassle-free through your Angel One account. You just have to follow these steps: Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN. Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents. Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund you want to invest in. At this stage, consider the following:
Investing in Navi Mutual Fund through Angel One is a streamlined and fully digital process, ensuring a seamless investment experience. To initiate your investment journey, it is imperative to complete the KYC process, for which you'll need to furnish the following essential documents:
Angel One simplifies the KYC verification process, granting you swift and efficient access to Navi Mutual Fund, whether you're a new or returning investor. Our user-friendly platform is designed to make your financial goals attainable. You can anticipate your KYC verification to be finalised in just 48-72 business hours, paving the way for you to embark on your mutual fund journey.
| Name | AUM | Absolute Returns (1Y) | CAGR (3Y) | Expense Ratio |
| Navi Nasdaq100 US Specific Equity Passive FOF | 1,061.49 | 19.18 | 30.42 | 0.16 |
| Navi Nifty Midcap 150 Index Fund | 359.21 | 10.78 | 23.70 | 0.25 |
| Navi Nifty India Manufacturing Index Fund | 68.14 | 15.78 | 23.50 | 0.40 |
| Navi Total Stock Market US Specific Equity Passive FoF | 955.35 | 18.06 | 22.88 | 0.06 |
| Navi Nifty Next 50 Index Fund | 1,096.06 | 9.20 | 21.69 | 0.15 |
| Navi Large & Midcap Fund | 315.12 | 5.46 | 15.15 | 0.51 |
| Navi Flexi Cap Fund | 263.18 | 8.70 | 14.87 | 0.53 |
| Navi ELSS Tax Saver Fund | 53.14 | 6.45 | 14.82 | 0.37 |
| Navi Aggressive Hybrid Fund | 118.53 | 5.26 | 14.50 | 0.52 |
| Navi Nifty 50 Index Fund | 3,894.09 | 10.01 | 14.22 | 0.06 |
Note: The above data is as of February 2026
Navi Nasdaq100 US Specific Equity Passive FOF is managed by Ashutosh Shirwaikar and was launched on 24 March 2022, with the S&P BSE 500 serving as its benchmark. Its primary goal is to generate long-term capital appreciation by investing in units of overseas exchange-traded funds (ETFs) and/or index funds that track the NASDAQ-100 Index. It has an expense ratio of 0.16%, making it a relatively low-cost overseas passive investment option.
Navi Nifty Midcap 150 Index Fund is managed by Ashutosh Shirwaikar and was launched on 11 March 2022, with the S&P BSE 500 as its benchmark. Its objective is to deliver returns that closely match those of the Nifty Midcap 150 Index by investing in the same set of companies included in the index, while accounting for possible tracking error. It carries an expense ratio of 0.25%, which is moderate for a midcap index-tracking fund.
Navi Nifty India Manufacturing Index Fund is managed by Ashutosh Shirwaikar and was launched on 26 August 2022, with the S&P BSE 500 serving as its benchmark. Its aim is to generate returns in line with the Nifty India Manufacturing Index by investing in the stocks of companies that form part of this index, while being subject to possible tracking error. It has an expense ratio of 0.40%, slightly higher due to its sector-focused index strategy.
Navi Total Stock Market US Specific Equity Passive FoF is managed by Ashutosh Shirwaikar and was launched on 24 February 2022, with the S&P BSE 500 as its benchmark. Its objective is to generate long-term capital appreciation by investing in units of the Vanguard Total Stock Market ETF (VTI) or the Schwab Total Stock Market Index Fund (SWTSX). It offers a very low expense ratio of 0.06%, making it one of the most cost-efficient international FoF options.
Navi Nifty Next 50 Index Fund is managed by Ashutosh Shirwaikar and was launched on 19 January 2022, with the S&P BSE 500 serving as its benchmark. Its objective is to invest in companies that are part of the Nifty Next 50 Index and to generate returns that closely mirror the index’s performance, subject to possible tracking error. The scheme aims for the NAV performance to move in line with the index over the same period, but there is no guarantee that the investment objective will be achieved. It has an expense ratio of 0.15%, keeping costs low for investors tracking the Next 50 index.
Navi Large & Midcap Fund is managed by Ashutosh Shirwaikar and was launched on 7 December 2015, with the S&P BSE 500 as its benchmark. The scheme aims to achieve capital appreciation over the medium to long term by investing in a mix of large-cap and mid-cap equity and equity-related securities. It comes with an expense ratio of 0.51%, reflecting active management across large- and mid-cap stocks.
Navi Flexi Cap Fund is managed by Ashutosh Shirwaikar and was launched on 9 July 2018, with the S&P BSE 500 serving as its benchmark. The scheme seeks to deliver long-term capital appreciation by investing in a diversified portfolio of equity securities across large-cap, mid-cap, and small-cap companies, as defined by SEBI from time to time. It has an expense ratio of 0.53%, slightly higher due to its flexible, actively managed equity allocation.
Navi ELSS Tax Saver Fund is managed by Ashutosh Shirwaikar and was launched on 30 December 2015, with the S&P BSE 500 as its benchmark. The scheme aims to invest in a diversified mix of equity and equity-related instruments to provide investors with opportunities for capital growth and potential income generation, along with tax benefits under Section 80C of the Income Tax Act, 1961. Investments of up to ₹1.5 lakh may qualify for tax deduction, subject to a mandatory lock-in period of three years from the date of allotment. It charges an expense ratio of 0.37%, which remains competitive within the ELSS category.
Navi Aggressive Hybrid Fund is managed by Ashutosh Shirwaikar and Tanmay Sethi and was launched on 30 April 2018, with the S&P BSE 500 as its benchmark. The scheme aims to deliver regular income along with long-term capital appreciation by primarily investing in equity and equity-related instruments. It has an expense ratio of 0.52%, aligned with actively managed hybrid fund structures.
Navi Nifty 50 Index Fund is managed by Ashutosh Shirwaikar and was launched on 15 July 2021, with the S&P BSE 500 as its benchmark. The scheme aims to generate returns similar to those of the Nifty 50 Index by investing in the same companies that form part of the index, though the performance may vary slightly due to tracking error. It features a very low expense ratio of 0.06%, making it a cost-effective option for tracking the Nifty 50 index.
