Navi NIFTY IT INDEX FUND
- NAV as on 25 Sep 2026
- ₹8.25-0.17%1 day
- Return since launch
- -7.3%
- 52-week range
- ₹7.57 — ₹11.51
- AUM
- ₹23.03 Cr
Navi NIFTY IT INDEX FUND is a Sectoral-Technology equity fund from Navi Mutual Fund with ₹23.03 Cr under management, launched in 2024. The expense ratio is 1.24% and the SEBI riskometer reading is Very High.
Performance
Navi NIFTY IT INDEX FUND NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -15.7% against -9.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -21.1% | −13.1 pts | -8.1% | -9.9% |
| 2Y | -19.4% | −9.0 pts | -10.4% | -10.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -7.2% | −1.8 pts | -5.3% | -5.3% |
| 3M | 4.0% | −1.8 pts | 5.8% | 6.3% |
| 6M | -4.6% | −12.3 pts | 7.8% | 5.2% |
| 1Y | -15.7% | −7.6 pts | -8.1% | -9.7% |
| 2Y | -17.3% | −6.1 pts | -11.3% | -12.1% |
Since launch (11 Mar 2024): -7.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -11.3% | −6.1 pts | -5.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.22%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.30%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹2,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY IT TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Navi NIFTY IT INDEX FUND portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.8%
- Other0.1%
Market cap split
- Large80.5%
- Mid19.5%
- P/E
- 19.00
- P/B
- 5.44
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Infosys Ltd. | Technology | 28.82% | ₹6.64 Cr | +26.72% | +28.62% | +29.09% |
| Tata Consultancy Services Ltd. | Technology | 20.23% | ₹4.66 Cr | +19.46% | +21.66% | +21.52% |
| HCL Technologies Ltd. | Technology | 11.42% | ₹2.63 Cr | +10.54% | +11.79% | +10.53% |
| Tech Mahindra Ltd. | Technology | 10.51% | ₹2.42 Cr | +11.30% | +9.99% | +9.46% |
| Coforge Ltd. | Technology | 7.02% | ₹1.62 Cr | +5.93% | +4.60% | +5.78% |
| Persistent Systems Ltd. | Technology | 6.18% | ₹1.42 Cr | +6.78% | +5.97% | +5.73% |
| Wipro Ltd. | Technology | 5.08% | ₹1.17 Cr | +7.00% | +6.65% | +7.16% |
| LTM Limited | Technology | 4.28% | ₹0.99 Cr | +4.52% | +4.79% | +4.79% |
| Mphasis Ltd. | Technology | 3.27% | ₹0.75 Cr | +3.60% | +3.03% | +3.19% |
| Oracle Financial Services Software Ltd. | Technology | 3.04% | ₹0.70 Cr | +2.85% | +1.91% | +1.98% |
| Others | Others | 0.15% | ₹0.04 Cr | +1.30% | +0.99% | +0.77% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 1.69% | 0.15% | -1.54% |
| Coforge Ltd. | 6.09% | 7.02% | +0.93% |
| Oracle Financial Services Software Ltd. | 2.71% | 3.04% | +0.33% |
| HCL Technologies Ltd. | 11.73% | 11.42% | -0.31% |
| Tata Consultancy Services Ltd. | 19.94% | 20.23% | +0.29% |
| LTM Limited | 4.12% | 4.28% | +0.16% |
| Tech Mahindra Ltd. | 10.66% | 10.51% | -0.15% |
| Mphasis Ltd. | 3.15% | 3.27% | +0.12% |
| Infosys Ltd. | 28.73% | 28.82% | +0.09% |
| Persistent Systems Ltd. | 6.13% | 6.18% | +0.05% |
| Wipro Ltd. | 5.05% | 5.08% | +0.03% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,302 Cr | 1.73% | -8.9% | -3.0% | 4.3% |
 ICICI Prudential Technology Fund | ₹13,661 Cr | 1.87% | -10.1% | -4.4% | 2.0% |
 SBI Technology Opportunities Fund | ₹4,488 Cr | 2.00% | -6.8% | -0.8% | 5.1% |
 Franklin India Technology Fund | ₹1,759 Cr | 2.15% | -9.8% | -3.2% | 5.9% |
 HDFC Technology Fund | ₹1,484 Cr | 2.16% | -12.9% | -6.0% | — |
 Tata Nifty India Digital ETF FoF | ₹117 Cr | 0.48% | -4.8% | -0.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising Nifty IT Index, subject to tracking error.
Fund managers
- Ashutosh ShirwaikarMr. Shirwaikar has done MMS and CFAPrior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−4.57% absolute | ₹60,000 | ₹57,258 | −4.57% | |
| 1 year−15.66% annualised | ₹1,20,000 | ₹1,10,293 | −8.09% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.