Navi Mutual Fund Updates Minimum Investment Limits

Navi Mutual Fund has announced an increase in the minimum application amount for 13 of its schemes, effective February 4, 2025. The minimum investment limit has been raised from ₹10 to ₹100 per application. This change will apply to fresh purchases, additional investments, systematic transactions like SIPs and STPs, and switches.

Schemes Impacted by the Revision

The following schemes are affected by this change:

• Navi Flexi Cap Fund
• Navi Liquid Fund
• Navi Large & Midcap Fund
• Navi Aggressive Hybrid Fund
• Navi Nifty 50 Index Fund
• Navi US Total Stock Market Fund of Fund
• Navi NASDAQ 100 Fund of Fund
• Navi Nifty Bank Index Fund
• Navi Nifty Midcap 150 Index Fund
• Navi Nifty India Manufacturing Index Fund
• Navi BSE Sensex Index Fund
• Navi Nifty IT Index Fund
• Navi Nifty 500 Multicap 50:25:25 Index Fund

Temporary Restriction on Two Funds

The Navi US Total Stock Market Fund of Fund and Navi NASDAQ 100 Fund of Fund will not accept new inflows or subscriptions (including lump sum, SIPs, and STPs) as per AMFI guidelines issued in March 2024. This restriction will continue until further notice, even after the revision comes into effect.

Notice and Communication

The changes were communicated to unitholders through a notice-cum-addendum. The notice clarifies that this revision applies only to prospective investments from February 4, 2025. All other terms and conditions of the schemes remain the same. 

The updated information is included in the Scheme Information Documents (SIDs), Key Information Memoranda (KIMs), and Statement of Additional Information (SAI).

The Context for the Change

This is part of an ongoing adjustment by Navi Mutual Fund. In 2022, the fund house reduced the minimum application amount across its schemes to ₹10, excluding the ELSS fund. With this update, Navi Mutual Fund aims to revise and standardise investment requirements across its offerings.

Current Portfolio of Navi Mutual Fund

Navi Mutual Fund manages 16 schemes in total. With this revision, the investment limits have been updated for 13 of these schemes, while the remaining schemes remain unaffected.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.