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Fund Facts
  • Name of Fund:
    Navi Nifty IT Index
  • Opening:
    11th March 2024
  • Closing:
    22nd March 2024
  • Scheme Type:
    Open Ended Equity Index Funds
  • Minimum Investment:
    Rs. 10 and in multiples of Re.1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth
  • Entry Load:
    Nil
  • Exit Road:
    Nil
  • Thereafter:
    Nil

Fund Stats

Objective

The investment objective of the scheme is to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT Index,
subject to tracking error.

  • Benchmark:

  • NIFTY IT

  • Fund Manager:

  • Aditya Mulki, Ashutosh Shirwaikar

Asset Allocation

95-100% Equity
upto 5% Money Market
Comparable existing schemes
ICICI Prudential Nifty IT Index Fund 8.58(6M) 25.11(1Y)
Bandhan Nifty IT Index Fund 9.68(6M) Not Available

Fund Prognosis

Idea Distiller

Decent fund segment and much better timing.

  • Fund House AAUM:

  • Rs 414909.28 Lakhs(as on 31st December, 2023)

  • Fund Manager:

  • Combined experience of above 6 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Not really much in terms of product segmentation but there is a lot in terms of timing and potential.