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Navi Mutual Fund

AUM
₹8,958.67 cr.
No. of Schemes
50
AMC Age
16Yrs
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 AmericaNavi 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 AMC acquired Essel Finance Mutual Fund in 2019. The AMC offers a variety of schemes to suit every investor's need.Read More

List of Top Navi Mutual Fund Schemes

Fund Name
NAV
Expenses Ratio
1y Return
3Y Returns
Risk
Fund Size (in Cr)
Ratings

About Navi Mutual Fund

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.

Navi Mutual Funds Key Information

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

Navi Mutual Fund Managers

AS

Ashutosh Shirwaikar

Fund Manager since Jul 2024 (2 years)

How to Invest in Navi Mutual Fund via Angel One?

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:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, constituent sectors and stocks.
  3. Calculate the potential returns using the calculator.
  4. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  5. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  6. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

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:

  1. Decide whether you want to invest in a lump sum or via monthly SIP
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.

Documents Required To Invest in Navi Mutual Fund

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:

  1. PAN Card Details (Compulsory)
  2. Personal Information, including Full Name, Mobile Number, and Email Address
  3. Address Proof, with Aadhar Card being the recommended choice, encompassing both its front and back sides.
  4. Bank Account Details, along with a cancelled cheque, if requested.
  5. Nominee details and FATCA Declarations

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.

Top 10 Navi Mutual Funds to Invest

Scheme Category AUM (in ₹ Cr) 3-Yr Returns (%) 1-Yr Return (%)
Navi Nifty Next 50 Index Fund Equity 697.58 15.19 3.82
Navi Aggressive Hybrid Fund Hybrid 118.53 12.37 7.57
Navi Large & Midcap Fund Equity 303.69 12.30 7.42
Navi Flexi Cap Fund Equity 249.24 11.77 0.45
Navi ELSS Tax Saver Fund Equity 58.08 11.53 2.80
Navi Nifty 50 Index Fund Equity 2,685.55 10.89 4.38
Navi Nifty Bank Index Fund Equity 519.74 9.68 4.85
Navi Liquid Fund Debt 69.83 6.46 7.03
Navi NASDAQ 100 FoF Equity 1,058.86 0.00 29.61
Navi US Total Stock Market FoF Equity 982.16 0.00 26.24
Note: All data is as of February 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

1. Navi Nifty Next 50 Index Fund

The Navi Nifty Next 50 Index Fund is an open-ended equity scheme replicating/tracking the Nifty Next 50 Index. The fund aims to provide returns that closely correspond to the total returns of the Nifty Next 50 Index, subject to tracking errors. Managed by Ashutosh Shirwaikar, the scheme offers investors an opportunity to invest in the next 50 companies after the Nifty 50, representing emerging large-cap companies. 

2. Navi Aggressive Hybrid Fund

The Navi Aggressive Hybrid Fund is an open-ended hybrid scheme investing predominantly in equity and equity-related instruments along with debt and money market instruments. The fund aims to provide capital appreciation and income distribution by maintaining a balanced portfolio. Managed by Ashutosh Shirwaikar and Tanmay Sethi, the scheme is benchmarked against the CRISIL Hybrid 35+65 Aggressive Index. 

3. Navi Large & Midcap Fund

The Navi Large & Midcap Fund is an open-ended equity scheme investing in both large-cap and mid-cap stocks. The fund aims to provide long-term capital appreciation by capturing growth opportunities across established large-cap companies and emerging mid-cap companies. Managed by Ashutosh Shirwaikar, the scheme is benchmarked against the NIFTY LargeMidcap 250 Total Return Index. 

4. Navi Flexi Cap Fund

The Navi Flexi Cap Fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap, and small-cap stocks. The fund aims to provide long-term capital appreciation by diversifying investments across different market capitalizations. Managed by Ashutosh Shirwaikar, the scheme is benchmarked against the NIFTY 500 Total Return Index. 

5. Navi ELSS Tax Saver Fund

The Navi ELSS Tax Saver Fund is an open-ended equity-linked savings scheme with a statutory lock-in period of three years, offering tax benefits under Section 80C of the Income Tax Act. The fund aims to provide long-term capital appreciation by investing predominantly in equity and equity-related instruments. Managed by Ashutosh Shirwaikar, the scheme is benchmarked against the NIFTY 500 Total Return Index. As per standard ELSS guidelines, no exit load is applicable due to the mandatory lock-in period of 3 years.​

6. Navi Nifty 50 Index Fund

The Navi Nifty 50 Index Fund is an open-ended equity scheme replicating/tracking the Nifty 50 Index. The fund aims to provide returns that closely correspond to the total returns of the Nifty 50 Index, subject to tracking errors. Managed by Ashutosh Shirwaikar, the scheme offers investors an opportunity to invest in the top 50 companies representing various sectors of the economy. The fund does not impose any exit load, allowing investors to redeem their units at any time without incurring additional charges.​

7. Navi Nifty Bank Index Fund

The Navi Nifty Bank Index Fund is an open-ended equity scheme replicating/tracking the Nifty Bank Index. The fund aims to provide returns that closely correspond to the total returns of the Nifty Bank Index, subject to tracking errors. Managed by Ashutosh Shirwaikar, the scheme offers investors an opportunity to invest in the banking sector, comprising the most liquid and large capitalized Indian banking stocks.​

8. Navi Liquid Fund

The Navi Liquid Fund is an open-ended liquid scheme investing in debt and money market securities with a maturity of up to 91 days. The fund aims to provide reasonable returns with low risk and high liquidity. Managed by Tanmay Sethi, the scheme is benchmarked against the CRISIL Liquid Fund Index. The fund imposes a graded exit load if units are redeemed within 7 days from the date of allotment.

9. Navi NASDAQ 100 Fund of Fund

The Navi NASDAQ 100 Fund of Fund is an open-ended fund of fund scheme investing in units of overseas ETFs and/or Index Funds based on the NASDAQ-100 Index. The fund aims to provide long-term capital appreciation by replicating the performance of the NASDAQ-100 Index. Managed by Ashutosh Shirwaikar, the scheme offers investors exposure to 100 of the largest non-financial companies listed on the NASDAQ stock exchange. 

10. Navi US Total Stock Market Fund of Fund

The Navi US Total Stock Market Fund of Fund is an open-ended fund of fund scheme investing in units of the Vanguard Total Stock Market ETF (VTI) or the Schwab Total Stock Market Index Fund (SWTSX). The fund aims to provide long-term capital appreciation by replicating the performance of the US total stock market. Managed by Ashutosh Shirwaikar, the scheme offers investors exposure to a broad spectrum of US companies across various market capitalizations. The fund does not impose any exit load, allowing investors to redeem their units at any time without incurring additional charges.   

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Navi Mutual Fund FAQs

Navi Mutual Fund is one of the growing AMCs in India, known for its strong past performance as Essel Finance Mutual Fund. While past returns are impressive, consider factors like risk, volatility, fund manager expertise, and your personal risk tolerance and return goals before investing.
You can initiate a Navi SIP online through AMC's website, or for a smoother process, use the Angel One platform.
Redeem your Navi Mutual Fund units via the Angel One App, their mutual fund's webpage, or AMC’s website.
The redemption process for Navi Mutual Fund units typically takes T+2 working days. Angel One displays the expected transaction date for better financial planning.
Redemption fees vary based on the fund type and generally include an exit load and applicable taxes.
Increase your SIP amount through the Angel One App, their mutual fund's webpage, or directly on the AMC’s website.
Obtain your Navi Mutual Fund statement from the Angel One App, their mutual funds webpage, or the AMC’s website.
Not all schemes are tax-free, but Navi MF ELSS funds offer tax benefits under Section 80C, allowing a deduction of up to ₹1.5 lakh annually.
The best fund varies based on individual risk tolerance, return expectations, and fund factors like volatility, returns, risk, AUM, tracking error, and expense ratio. Evaluate these factors and the fund manager’s experience before choosing.
Taxation depends on the fund type (debt or equity), holding period (short-term or long-term), total capital gains from sales, and dividends received.
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