The scheme seeks to achieve return equivalent to Nifty 50 Index by investing in stocks of companies comprising Nifty 50 Index. This is a perfect fund for those who want to create wealth by investing India’s largest 50 companies.
Aim of this scheme is to reduce Expense Ratio to almost 0 in comparison to other index funds. Expense Ratio for this scheme will be 0.06% in the beginning which is a major plus point. Nifty 50 Index Fund is An open ended equity scheme replicating / tracking Nifty 50 Index fund.
This product is suitable for investors who are seeking*
- Capital appreciation over the long term.
- Equity and equity related securities covered by Nifty 50 Index.
- Return that corresponds to the performance of Nifty 50 Index, subject to tracking error.
To invest in this fund, Open your demat account using any of the below links & get additional benefits from our side.
- Upstox: https://upstox.com/open-account/?f=DWOW
- Angel Broking: http://tinyurl.com/y6lwcsmf
- AliceBlue: https://alicebluepartner.com/open-myaccount/?N=MN511
Basic Details
| Fund House: | Navi Mutual Fund |
| Issue Open: | 03-Jul-2021 |
| Issue Close: | 12-Jul-2021 |
| Category: | Equity: Large Cap |
| Type: | Open-ended |
| Minimum Investment (₹) | 500 |
| Plans: | Growth |
| Lock-in Period | Not Applicable |
| Exit Load (%): | 0 |
| Riskometer: | Very High |
| Benchmark: | NIFTY 50 TRI |
Fund Manager
— Girish Raj since 03-Jul-2021
Education: Mr. Raj has done MMS and BSC. (Statistics)
Experience: Prior to joining Navi Mutual Fund, he has worked with Quest Investment Advisors, IFCI Financial Services Ltd. (IFIN), Pranav Securities Pvt. Ltd., Independent Research Private Limited (IRPL) and Asian Techno Investments Pvt. Ltd.
Funds Managed:
- Navi 3 in 1 Fund – since Aug 2020
- Navi Long Term Advantage Fund – since Feb 2021
Contact Information
Search AMC address by city
AMC: Navi AMC Limited
Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata – 700069
Phone: 033-40185000 / 1800-103-8999
Fax: 033-40185010
Email: [email protected]
Website: http://www.navimutualfund.com
Search R&T address by city
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
To know more about this fund, Please check its document : https://drive.google.com/file/d/1b3ypAzdt6sEaSJlKUiSrucidlsRoq18T/view