Should I invest in Navi Nifty India Manufacturing Index Fund?

We don't give personal investment advice. Navi Nifty India Manufacturing 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 India Manufacturing Index Fund- Direct Plan- Growth

Latest NAV

₹19.1308

As of

3 Jun 2026

924 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	+0.22%	+0.27%	-0.06	143 / 353	Q2
1W	-1.20%	-0.97%	-0.23	180 / 353	Q3
2W	+0.86%	+0.26%	+0.60	67 / 353	Q1
1M	+0.37%	-0.26%	+0.63	91 / 351	Q2
3M	+1.11%	+0.41%	+0.70	149 / 341	Q2
6M	+3.14%	-1.84%	+4.99	25 / 332	Q1
YTD	+2.04%	-2.06%	+4.10	62 / 333	Q1
1Y	+12.04%	+1.97%	+10.07	18 / 306	Q1
2Y	+5.90%	+4.21%	+1.69	100 / 205	Q2
3Y	+21.93%	+11.24%	+10.69	9 / 168	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.01%	+6.44%	+12.57	21 / 353	Q1

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	+2.04%	-2.11%	+4.15	60 / 331
2025	+11.25%	+6.05%	+5.20	39 / 260
2024	+25.25%	+14.12%	+11.13	29 / 180
2023	+33.41%	+21.09%	+12.32	22 / 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

+24.16%

34 windows

min -2.5% · max 60.3%

85% positive

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

3-Year rolling

+22.22%

10 windows

min 20.6% · max 24.1%

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

16.06%

3-year · annualised

Sharpe ratio

0.92

vs risk-free 6.5%

Sortino ratio

1.48

Downside-only deviation

Max drawdown

-23.03%

Sep 2024 → Apr 2025

% positive months

72.2%

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	₹19.1308
2 Jun 2026	₹19.1172
1 Jun 2026	₹19.0755
29 May 2026	₹19.2879
27 May 2026	₹19.6111
25 May 2026	₹19.3497
22 May 2026	₹19.1616
21 May 2026	₹19.1524
20 May 2026	₹19.0708
19 May 2026	₹18.9545

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 India Manufacturing Index Fund- Direct Plan- Growth is ₹19.1308. 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 India Manufacturing Index Fund- Direct Plan- Growth has NAV history starting from 29 Aug 2022, a track record of about 3 years 9 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 India Manufacturing 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 India Manufacturing Index Fund- Direct Plan- Growth has delivered a absolute return of 12.04% — +10.07 pp ahead of the Index Fund category average of 1.97%. The fund ranks #18 of 306 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth has delivered a CAGR of 21.93% — +10.69 pp ahead of the Index Fund category average of 11.24%. The fund ranks #9 of 168 in its category — the top (Q1) quartile.

Navi Nifty India Manufacturing 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 India Manufacturing Index Fund- Direct Plan- Growth exactly 3 years ago would be worth approximately ₹181,278 today — a multiplier of 1.81×, based on the 3-year CAGR of 21.93%. The category average over the same window would have grown ₹1 lakh to ₹137,648.

A ₹10,000 monthly SIP in Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth over the last 3 years — total invested ₹360,000 — would be worth ₹445,529 today. That's an XIRR (money-weighted annualised return) of 14.33%.

Navi Nifty India Manufacturing 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 ₹445,529 — XIRR 14.33%.

On a 3-year basis, Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth ranks #9 out of 168 funds in the Index Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.24%; this fund delivered 21.93%.

The worst peak-to-trough decline Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth has experienced over the last 3-year window is 23.03% — its NAV fell from a high on 27 Sep 2024 to a low on 07 Apr 2025. 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 India Manufacturing Index Fund- Direct Plan- Growth averaged 22.22% (best 24.11%, worst 20.62%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.92 — reasonable risk-adjusted performance.

In calendar year 2025, Navi Nifty India Manufacturing Index Fund- Direct Plan- Growth returned 11.25% — beating the Index Fund category average of 6.05% by 5.20 pp. It ranked #39 of 260 in its category that year.

Navi Nifty India Manufacturing 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 India Manufacturing 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.