Navi Nifty Next 50 Index Fund Direct Growth

Navi Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Pranav Vasa is the Current Fund Manager of Navi Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,496 Cr and the Latest NAV as of 13 May 2024 is ₹15.14. The Navi Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹10. Minimum Lumpsum Investment is ₹10. ;

Investment Objective

The scheme seeks to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor to achieve the returns of the index as closely as possible, though subject to tracking error. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 Index over the same period subject to tracking error. ;