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NAVIAMC - NAVINIFTY ETF

NAVINIFTY

₹282.35-₹11.51 (-3.92%) TodayLast updated on 08 Nov, 2024 | 15:45 IST

NAVIAMC - NAVINIFTY ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹293.86
Close
₹293.86
Volume
6,564
Avg. traded
₹283.57
Circuit range
₹195.86 - ₹293.79
Day range
₹245.05 - ₹297.00
Year range
₹193.50 - ₹334.00
AUM
₹7.62 Cr

Managers

Aditya Mulki, +1 more
Launch Date
20 Sep 2023
NAVIAMC - NAVINIFTY

About Navi Nifty 50 ETF

  • Navi Nifty 50 ETF is an open-ended passively managed scheme offered by Navi Mutual Fund House.
  • The ETF primarily invests in big companies from different key sectors of the Indian economy.
  • Traded with the symbol NAVINIFTY on NSE, the ETF was launched on September 18, 2023.
  • The scheme is managed by Aditya Mulki and Ashutosh Sirwaikar.
  • As of June 30, 2024, the assets under management for this ETF stood at ₹7 crore.
  • The ETF units can be bought and sold during the usual market hours at the prevailing prices.
  • Retail investors can invest in the scheme by directly buying the ETF units through a demat account with a registered broker.

Investment Objective & Benchmark

  • Navi Nifty 50 ETF aims to offer returns before expenses that replicate the total return of equity stocks part of the underlying index, subject to minor tracking errors.
  • The scheme is benchmarked against the Nifty 50 index which is a well-diversified 50-stock index and it represents important sectors of the economy.
  • Navi Nifty 50 ETF invests in large companies, which generally experience less volatility compared to funds that invest in smaller companies.
  • It is a very high-risk investment instrument, suited for the long-term goal of wealth creation.
  • The ETF offers diversification of funds in companies from different business domains, protecting investors from sectoral risks.
  • Being passively managed, it replicates the portfolio of its chosen benchmark index without trying to beat it.
  • The ETF is a cost-effective method of investing in top companies of the Indian economy without having to buy individual stocks.

Asset Allocation & Portfolio Composition

  • Navi Nifty 50 ETF's asset allocation primarily comprises 98.64% in equity, with the remaining 1.36% allocated to cash and cash equivalents.
  • It is mandated to invest at least 80% of its assets in large-cap stocks at all times.

Sectorwise allocation of the ETF’s asset allocation:

  • Financial Sector - 34.04%
  • Technology - 15.84%
  • Energy and Utilities - 14.51%
  • Consumer Discretionary - 9.27%
  • Materials - 8.30%
  • Consumer Staples - 7.66%
  • Industrials - 4.92%
  • Healthcare - 4.10%

The top 10 company holdings make up 52.88% of the ETF's asset allocation as of June 30, 2024. Here's a list of 10 company holdings in the ETF:

  • HDFC Bank: 11.01%
  • Reliance Ind: 9.21%
  • ICICI Bank: 7.73%
  • Infosys: 6.10%
  • ITC: 4.14%
  • Larsen & Toubro: 4.03%
  • TCS: 4.02%
  • Bharti Airtel: 3.61%
  • Axis Bank: 3.03%
  • SBI: 3%

Since its inception, Navi Nifty 50 ETF has given an annualised return of 23.86% to its investors.

In the last one year, the ETF has delivered a return of 23.60% compared to its benchmarked index’s 24.68% yield as of July 31.

Key indicators

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Tracking index
Nifty 50 TR INR

Expense Ratio

0.56%
Tracking error
NA

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Investment checklist: (2/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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NAVIAMC - NAVINIFTY Shareholder returns

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1 day
-3.92%
1 week
-4.32%
1 month
-6.85%
3 months
+12.92%
1 year
+45.37%
3 years
+40.56%
5 years
+40.56%

NAVIAMC - NAVINIFTY Price history

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DayOpenCloseChange %
Fri, Nov 8 2024
₹293.86
₹282.35
-3.92%
Thu, Nov 7 2024
₹293.86
₹293.86
+0.89%
Wed, Nov 6 2024
₹291.27
₹291.27
-7.83%
Tue, Nov 5 2024
₹295.11
₹316.00
+7.56%
Mon, Nov 4 2024
₹288.40
₹293.78
-0.45%
Fri, Nov 1 2024
₹295.11
₹295.11
0.00%
Thu, Oct 31 2024
₹295.11
₹295.11
0.00%
Wed, Oct 30 2024
₹295.00
₹295.11
+0.82%

Composition

Frequently asked questions

What is the NAVIAMC - NAVINIFTY share price today?

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NAVIAMC - NAVINIFTY share price is ₹ 282.35 today.

What is today’s high & low share price of NAVIAMC - NAVINIFTY?

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NAVIAMC - NAVINIFTY share price high: ₹ 297.00 and low: ₹ 245.05

What is Assets Under Management (AUM) of NAVIAMC - NAVINIFTY shares today on the NSE?

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NAVIAMC - NAVINIFTY Assets Under Management (AUM) of ₹ 7.62 Crores.

What is the NAVIAMC - NAVINIFTY share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 334.00 and Low Price is ₹ 193.50

What is the NAVIAMC - NAVINIFTY Stock Symbol?

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The NAVIAMC - NAVINIFTY Stock symbol is NAVINIFTY.

Can I buy NAVIAMC - NAVINIFTY shares on Holidays?

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No, shares of NAVIAMC - NAVINIFTY or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell NAVIAMC - NAVINIFTY shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.