Should I invest in Navi Nifty Bank Index Fund?

We don't give personal investment advice. Navi Nifty Bank Index Fund- Direct Plan- Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

Navi

Navi Nifty Bank Index Fund- Direct Plan- Growth

Latest NAV

₹15.4266

As of

17 Jul 2026

1,094 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+1.64%	+0.21%	+1.43	11 / 353	Q1
1W	+0.83%	-0.05%	+0.87	21 / 353	Q1
2W	+1.02%	+0.24%	+0.78	26 / 353	Q1
1M	+1.93%	+0.78%	+1.15	40 / 353	Q1
3M	+3.88%	+2.20%	+1.68	63 / 350	Q1
6M	-2.32%	+1.36%	-3.68	262 / 336	Q4
YTD	-1.70%	+0.54%	-2.24	242 / 333	Q3
1Y	+3.47%	+2.69%	+0.77	185 / 318	Q3
2Y	+6.22%	+3.33%	+2.89	96 / 213	Q2
3Y	+9.39%	+10.79%	-1.41	64 / 172	Q2
4Y	+13.98%	+13.23%	+0.75	32 / 84	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+10.27%	+7.52%	+2.75	107 / 353	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.70%	+0.51%	-2.21	240 / 331
2025	+17.33%	+6.05%	+11.28	15 / 260
2024	+6.14%	+14.12%	-7.98	179 / 180
2023	+12.08%	+21.09%	-9.01	78 / 130
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+13.42%

43 windows

min -2.9% · max 33.7%

98% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+12.90%

18 windows

min 7.3% · max 19.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.29%

3-year · annualised

Sharpe ratio

0.24

vs risk-free 6.5%

Sortino ratio

0.39

Downside-only deviation

Max drawdown

-18.39%

Feb 2026 → Mar 2026

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC Nifty India Consumption Index Fund - Direct Growth Plan	HDFC	₹9.8338	17 Jul 2026
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option	Nippon India	₹11.6102	17 Jul 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth	SBI	₹13.4372	17 Jul 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth	ICICI Prudential	₹21.8671	17 Jul 2026
Invesco India Nifty Bank Index Fund - Direct Plan - Growth	Invesco	₹10.7996	17 Jul 2026
Bandhan BSE Healthcare Index Fund Direct Plan - Growth	Bandhan	₹11.4943	17 Jul 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct Growth	Aditya Birla Sun Life	₹9.3858	17 Jul 2026
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth	Motilal Oswal	₹17.7853	17 Jul 2026
Kotak BSE Housing Index Fund - Direct Plan - Growth Option	Kotak	₹13.4540	17 Jul 2026
DSP Nifty Bank Index Fund - Direct - Growth	DSP	₹12.0542	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹15.4266
16 Jul 2026	₹15.1771
15 Jul 2026	₹15.2235
14 Jul 2026	₹15.1458
13 Jul 2026	₹15.3220
10 Jul 2026	₹15.2997
9 Jul 2026	₹15.0898
8 Jul 2026	₹14.9557
7 Jul 2026	₹15.3396
6 Jul 2026	₹15.3637

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Navi Nifty Bank Index Fund- Direct Plan- Growth is ₹15.4266. It's a Index Fund from Navi, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Navi Nifty Bank Index Fund- Direct Plan- Growth has NAV history starting from 04 Feb 2022, a track record of about 4 years 5 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Navi Nifty Bank Index Fund- Direct Plan- Growth is managed by Navi. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Navi Nifty Bank Index Fund- Direct Plan- Growth has delivered a absolute return of 3.47% — +0.77 pp ahead of the Index Fund category average of 2.69%. The fund ranks #185 of 318 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Navi Nifty Bank Index Fund- Direct Plan- Growth has delivered a CAGR of 9.39% — -1.41 pp behind the Index Fund category average of 10.79%. The fund ranks #64 of 172 in its category — the second (Q2) quartile.

Navi Nifty Bank Index Fund- Direct Plan- Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Navi Nifty Bank Index Fund- Direct Plan- Growth exactly 3 years ago would be worth approximately ₹130,896 today — a multiplier of 1.31×, based on the 3-year CAGR of 9.39%. The category average over the same window would have grown ₹1 lakh to ₹136,005.

A ₹10,000 monthly SIP in Navi Nifty Bank Index Fund- Direct Plan- Growth over the last 3 years — total invested ₹360,000 — would be worth ₹414,193 today. That's an XIRR (money-weighted annualised return) of 9.32%.

Navi Nifty Bank Index Fund- Direct Plan- Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹414,193 — XIRR 9.32%.

On a 3-year basis, Navi Nifty Bank Index Fund- Direct Plan- Growth ranks #64 out of 172 funds in the Index Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.79%; this fund delivered 9.39%.

The worst peak-to-trough decline Navi Nifty Bank Index Fund- Direct Plan- Growth has experienced over the last 3-year window is 18.39% — its NAV fell from a high on 18 Feb 2026 to a low on 30 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Navi Nifty Bank Index Fund- Direct Plan- Growth averaged 12.90% (best 19.61%, worst 7.30%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.24 — weak risk-adjusted performance.

In calendar year 2025, Navi Nifty Bank Index Fund- Direct Plan- Growth returned 17.33% — beating the Index Fund category average of 6.05% by 11.28 pp. It ranked #15 of 260 in its category that year.

Navi Nifty Bank Index Fund- Direct Plan- Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Navi Nifty Bank Index Fund- Direct Plan- Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.