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

₹14.2434

As of

3 Jun 2026

1,063 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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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	+0.13%	+0.27%	-0.14	169 / 353	Q2
1W	-2.86%	-0.97%	-1.89	338 / 353	Q4
2W	+0.56%	+0.26%	+0.30	93 / 353	Q2
1M	-1.98%	-0.26%	-1.72	292 / 351	Q4
3M	-10.17%	+0.41%	-10.58	339 / 341	Q4
6M	-9.41%	-1.84%	-7.57	277 / 332	Q4
YTD	-10.03%	-2.06%	-7.97	299 / 333	Q4
1Y	-3.45%	+1.97%	-5.42	240 / 306	Q4
2Y	+3.06%	+4.21%	-1.15	125 / 205	Q3
3Y	+7.34%	+11.24%	-3.90	82 / 168	Q2
4Y	+11.56%	+12.60%	-1.04	32 / 77	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.33%	+6.44%	+1.89	111 / 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	-10.03%	-2.11%	-7.92	297 / 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

+13.04%

41 windows

min -3.4% · max 33.9%

98% positive

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

3-Year rolling

+12.46%

17 windows

min 7.3% · max 18.1%

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

13.91%

3-year · annualised

Sharpe ratio

0.11

vs risk-free 6.5%

Sortino ratio

0.16

Downside-only deviation

Max drawdown

-18.39%

Feb 2026 → Mar 2026

% positive months

58.3%

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	₹9.3379	3 Jun 2026
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option	Nippon India	₹11.1424	3 Jun 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth	SBI	₹13.2031	3 Jun 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth	ICICI Prudential	₹20.9958	3 Jun 2026
Invesco India Nifty Bank Index Fund - Direct Plan - Growth	Invesco	₹9.9747	3 Jun 2026
Bandhan BSE Healthcare Index Fund Direct Plan - Growth	Bandhan	₹10.7220	3 Jun 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct Growth	Aditya Birla Sun Life	₹9.5100	3 Jun 2026
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth	Motilal Oswal	₹16.4405	3 Jun 2026
Kotak BSE Housing Index Fund - Direct Plan - Growth Option	Kotak	₹12.4360	3 Jun 2026
DSP Nifty Bank Index Fund - Direct - Growth	DSP	₹11.1324	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹14.2434
2 Jun 2026	₹14.1196
1 Jun 2026	₹14.1009
29 May 2026	₹14.2580
27 May 2026	₹14.4198
25 May 2026	₹14.5356
22 May 2026	₹14.2104
21 May 2026	₹14.0485
20 May 2026	₹14.0809
19 May 2026	₹14.0408

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 03 Jun 2026, the NAV of Navi Nifty Bank Index Fund- Direct Plan- Growth is ₹14.2434. 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 3 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 -3.45% — -5.42 pp behind the Index Fund category average of 1.97%. The fund ranks #240 of 306 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Navi Nifty Bank Index Fund- Direct Plan- Growth has delivered a CAGR of 7.34% — -3.9 pp behind the Index Fund category average of 11.24%. The fund ranks #82 of 168 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 ₹123,681 today — a multiplier of 1.24×, based on the 3-year CAGR of 7.34%. The category average over the same window would have grown ₹1 lakh to ₹137,648.

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 ₹383,141 today. That's an XIRR (money-weighted annualised return) of 4.08%.

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 ₹383,141 — XIRR 4.08%.

On a 3-year basis, Navi Nifty Bank Index Fund- Direct Plan- Growth ranks #82 out of 168 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 11.24%; this fund delivered 7.34%.

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 12.46% (best 18.05%, worst 7.34%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.11 — 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.