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Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 76/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)17.85%
- Expense ratio (20%)0.56%
- AUM (15%)₹87 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Navi Mutual Fund · Equity · Thematic
₹19.42
AUM: ₹86 Cr
NAV updated 6 days ago
Plan
Regular
Option
Growth
Risk
Very High
Expense Ratio
0.56%
Exit Load
Nil
Fund Manager
Aditya Mulki
Inception
Aug 2022
Benchmark
Nifty India Manufacturing Total Return Index
Sharpe Ratio
0.43
Std Dev (1Y)
15.55%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.24%
3m
-0.28%
6m
+9.97%
1y
+5.12%
3y
+17.85%
5y
—
10y
—
since inception
+18.43%
TopFund's Take on Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth
Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth holds up reasonably well within the Thematic category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 76/100.
Cost: At 0.56%, the expense ratio is meaningfully cheaper — about 43% below the Thematic category average of 0.99% (based on 876 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.43 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 15.55% is fairly typical for Thematic funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth
The current NAV (Net Asset Value) of Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is ₹19.42. NAV is updated every business day after market close by AMFI.
1Y: 5.12% · 3Y CAGR: 17.85%
The expense ratio of Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is 0.56% per annum. This is the annual fee charged by the fund to manage your investment.
Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is managed by Aditya Mulki at Navi Mutual Fund.
Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Navi Nifty India Manufacturing Index Fund- Regular Plan- Growth is ₹87 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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