Navi Nifty India Manufacturing Index Fund

IndexDirect and Regular plans, Growth option

Data as on 30-10-2026

Navi Nifty India Manufacturing Index Fund is a mutual fund run by Navi Mutual Fund. On 30-09-2026, it managed ₹83 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 16.6% a year and its Regular plan returned 15.8% a year. Its benchmark, Nifty India Manufacturing TRI, returned 17.2% a year over the same 3 years.

NAV (Direct plan): ₹18.14; ▼ 0.50%30-10-2026
NAV (Regular plan): ₹17.58; ▼ 0.50%30-10-2026
Expense ratio: 0.58%Direct1.17%Regular; 0.58%; A year
Riskometer: Very High; Set by the fund house
3 year return: 16.6%Direct15.8%Regular; 16.6%; A year

Navi Nifty India Manufacturing Index Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹18.14 (down 0.50% that day); Regular Plan Growth ₹17.58 (down 0.50% that day).

This fund (Direct plan)

₹18.1449

Navi Nifty India Manufacturing Index Fund Returns vs Nifty India Manufacturing TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−3.59%	−7.61%	−3.86%	−2.12%	+16.64%	--	--
This fund (Regular)	−3.63%	−7.75%	−4.15%	−2.70%	+15.81%	--	--
Nifty India Manufacturing TRI	−3.56%	−7.50%	−3.61%	−1.70%	+17.16%	+14.36%	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.

Navi Nifty India Manufacturing Index Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Manufacturing TRI
2026to date	−2.82%	−3.30%	−2.54%
2025	+11.85%	+11.09%	+12.28%
2024	+25.19%	+24.18%	+25.99%
2023	+34.44%	+33.29%	+34.87%

Navi Nifty India Manufacturing Index Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 287 periods, one for each trading day from 29-08-2025 to 30-10-2026.

0%5%10%15%20%25%30%

Oct 2022
to
Oct 2025Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026

Navi Nifty India Manufacturing Index Fund (Direct)Nifty India Manufacturing TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	779	16.5%	−6.8%	64.6%	12%	17.0%	0%
2 years	535	23.4%	−1.0%	40.1%	2%	24.0%	0%
3 years	287	22.0%	15.2%	25.8%	0%	22.5%	0%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	39	18.4%	−21.1%	73.2%	15%	18.9%	0%
2 years	27	13.6%	0.7%	50.9%	0%	14.1%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Manufacturing TRI over the same days. Past returns do not promise future returns.

Navi Nifty India Manufacturing Index Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Navi Nifty India Manufacturing Index Fund (Direct)This fund	Nifty India Manufacturing TRI
Return (CAGR)	−2.12%	−1.70%
Standard deviation	15.83%	16.02%
Sharpe ratio	-0.47	-0.43
Sortino ratio	-0.62	-0.58
Maximum drawdown	−12.9% (23-10-2026)	−12.8% (23-10-2026)
Beta	1.00	1.00
Alpha	−0.43%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Navi Nifty India Manufacturing Index Fund (Direct)This fund	Nifty India Manufacturing TRI
Return (CAGR)	+16.64%	+17.16%
Standard deviation	15.92%	15.98%
Sharpe ratio	0.67	0.70
Sortino ratio	0.91	0.95
Maximum drawdown	−23.0% (07-04-2025)	−23.0% (07-04-2025)
Beta	1.00	1.00
Alpha	−0.51%	0.00%

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Navi Nifty India Manufacturing Index Fund (Direct)This fund	Nifty India Manufacturing TRI
Return (CAGR)	+15.55%	+16.05%
Standard deviation	14.70%	14.77%
Sharpe ratio	0.64	0.67
Sortino ratio	0.87	0.91
Maximum drawdown	−23.0% (07-04-2025)	−23.0% (07-04-2025)
Beta	1.00	1.00
Alpha	−0.50%	0.00%

From daily NAVs, 29-08-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−25%−20%−15%−10%−5%0%

2023202420252026

Navi Nifty India Manufacturing Index Fund (Direct)Nifty India Manufacturing TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Navi Nifty India Manufacturing Index Fund (Direct)	−23.0%	27-09-2024	07-04-2025	10-02-2026	10 months	−10.6%
Nifty India Manufacturing TRI	−23.0%	27-09-2024	07-04-2025	05-01-2026	9 months	−10.5%

From the Direct plan's daily NAV since 29-08-2022, adjusted for unit splits, and Nifty India Manufacturing TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Navi Nifty India Manufacturing Index Fund Expense Ratio and Costs

What each plan charges a year, in force from 02-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.40%	0.01%	0.00%	0.17%	0.58%
Regular	0.90%	0.01%	0.00%	0.26%	1.17%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−2.70%	−2.12%	0.58%	₹97,300	₹97,880
3 years	15.81%	16.64%	0.83% a year	₹1,55,324	₹1,58,687

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Navi Nifty India Manufacturing Index Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 29-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNavi Nifty India Manufacturing Index Fund (Direct)	₹5,10,000	₹6,52,369	₹1,42,369	11.6%
Regular planNavi Nifty India Manufacturing Index Fund (Regular)	₹5,10,000	₹6,41,200	₹1,31,200	10.8%
Nifty India Manufacturing TRI	₹5,10,000	₹6,59,202	₹1,49,202	12.1%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planNavi Nifty India Manufacturing Index Fund (Direct)Regular planNavi Nifty India Manufacturing Index Fund (Regular)Nifty India Manufacturing TRIAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Navi Nifty India Manufacturing Index Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

99.7%Equity

Asset	Fund
Equity	99.7%
Cash and others	0.3%

Market cap of stocks

Market cap	Fund
Large Cap	69.0%
Mid Cap	27.5%
Small Cap	3.2%

Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Navi Nifty India Manufacturing Index Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

PHARMACEUTICALS & BIOTECHNOLOGY18.5%
AUTOMOBILES18.3%
PETROLEUM PRODUCTS7.6%
FERROUS METALS7.5%
ELECTRICAL EQUIPMENT7.0%
AUTO COMPONENTS7.0%
INDUSTRIAL PRODUCTS6.3%
NON - FERROUS METALS6.0%
AEROSPACE & DEFENSE5.4%
CHEMICALS & PETROCHEMICALS4.5%

The ten largest of 16 sectors. The other 6 add up to 11.5%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
PHARMACEUTICALS & BIOTECHNOLOGY	17.9%	17.9%	18.5%	+0.6%
AUTOMOBILES	20.0%	19.4%	18.3%	−1.7%
PETROLEUM PRODUCTS	7.8%	7.6%	7.6%	−0.2%
FERROUS METALS	7.4%	7.4%	7.5%	+0.1%
ELECTRICAL EQUIPMENT	7.8%	8.0%	7.0%	−0.8%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Navi Nifty India Manufacturing Index Fund Portfolio Holdings

As on 30-09-2026 · 77 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
MAHINDRA & MAHINDRA LIMITED	AUTOMOBILES	4.98%	+3.8%
RELIANCE INDUSTRIES LIMITED	PETROLEUM PRODUCTS	4.96%	+10.2%
SUN PHARMACEUTICAL INDUSTRIES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	4.59%	−0.7%
MARUTI SUZUKI INDIA LIMITED	AUTOMOBILES	3.71%	−1.0%
TATA STEEL LIMITED	FERROUS METALS	3.65%	−0.4%
BHARAT ELECTRONICS LIMITED	AEROSPACE & DEFENSE	3.32%	−0.8%
HINDALCO INDUSTRIES LIMITED	NON - FERROUS METALS	3.25%	−0.8%
JSW STEEL LIMITED	FERROUS METALS	2.88%	+1.9%
BAJAJ AUTO LIMITED	AUTOMOBILES	2.83%	−2.2%
DIVI'S LABORATORIES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	2.82%	−0.8%
EICHER MOTORS LIMITED	AUTOMOBILES	2.35%	−0.7%
TVS MOTOR COMPANY LIMITED	AUTOMOBILES	2.30%	−0.8%
HINDUSTAN AERONAUTICS LIMITED	AEROSPACE & DEFENSE	2.11%	−0.8%
TATA MOTORS LIMITED	AGRICULTURAL, COMMERCIAL & CONSTRUCTION VEHICLES	2.10%	−0.6%
LAURUS LABS LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.84%	−0.6%
CIPLA LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.81%	−0.7%
DR. REDDY'S LABORATORIES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.79%	−0.7%
SAMVARDHANA MOTHERSON INTERNATIONAL LTD	AUTO COMPONENTS	1.72%	−0.8%
TORRENT PHARMACEUTICALS LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.69%	+39.3%
VEDANTA ALUMINIUM METAL LIMITED	NON - FERROUS METALS	1.67%	New
CUMMINS INDIA LIMITED	INDUSTRIAL PRODUCTS	1.53%	−0.7%
BHARAT PETROLEUM CORPORATION LIMITED	PETROLEUM PRODUCTS	1.45%	−1.7%
TATA MOTORS PASSENGER VEHICLES LIMITED	AUTOMOBILES	1.42%	−0.6%
CG POWER AND INDUSTRIAL SOLUTIONS LTD	ELECTRICAL EQUIPMENT	1.40%	−0.7%
DIXON TECHNOLOGIES (INDIA) LIMITED	CONSUMER DURABLES	1.30%	−0.4%
BHARAT FORGE LIMITED	AUTO COMPONENTS	1.28%	+3.5%
GE VERNOVA T&D INDIA LIMITED	ELECTRICAL EQUIPMENT	1.24%	−0.8%
INDIAN OIL CORPORATION LIMITED	PETROLEUM PRODUCTS	1.20%	−0.8%
LUPIN LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.18%	−0.7%
SUZLON ENERGY LIMITED	ELECTRICAL EQUIPMENT	1.15%	−0.7%
SOLAR INDUSTRIES INDIA LIMITED	CHEMICALS & PETROCHEMICALS	1.14%	−0.8%
AUROBINDO PHARMA LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	1.10%	−0.9%
PIDILITE INDUSTRIES LIMITED	CHEMICALS & PETROCHEMICALS	1.09%	−0.5%
VEDANTA LIMITED	DIVERSIFIED METALS	1.09%	+3.0%
ASHOK LEYLAND LIMITED	AGRICULTURAL, COMMERCIAL & CONSTRUCTION VEHICLES	1.05%	−0.7%
POLYCAB INDIA LIMITED	INDUSTRIAL PRODUCTS	1.02%	−0.8%
JINDAL STEEL LIMITED	FERROUS METALS	1.00%	−0.6%
BOSCH LIMITED	AUTO COMPONENTS	0.97%	−0.6%
APL APOLLO TUBES LIMITED	INDUSTRIAL PRODUCTS	0.95%	−0.7%
HITACHI ENERGY INDIA LIMITED	ELECTRICAL EQUIPMENT	0.93%	New
SONA BLW PRECISION FORGINGS LIMITED	AUTO COMPONENTS	0.89%	−0.5%
SRF LIMITED	CHEMICALS & PETROCHEMICALS	0.86%	−0.8%
ABB INDIA LIMITED	ELECTRICAL EQUIPMENT	0.85%	−0.7%
WELSPUN CORP LTD	INDUSTRIAL PRODUCTS	0.85%	New
SIEMENS LIMITED	ELECTRICAL EQUIPMENT	0.79%	−0.8%
ALKEM LABORATORIES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	0.74%	+2.2%
UPL LIMITED	FERTILIZERS & AGROCHEMICALS	0.72%	−0.8%
NAVIN FLUORINE INTERNATIONAL LIMITED	CHEMICALS & PETROCHEMICALS	0.72%	−0.8%
HYUNDAI MOTOR INDIA LIMITED	AUTOMOBILES	0.69%	−1.0%
ZYDUS LIFESCIENCES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	0.69%	−1.7%
SIEMENS ENERGY INDIA LIMITED	ELECTRICAL EQUIPMENT	0.68%	−0.8%
KEI INDUSTRIES LIMITED	INDUSTRIAL PRODUCTS	0.66%	−0.8%
HINDUSTAN ZINC LIMITED	NON - FERROUS METALS	0.65%	−0.8%
HAVELLS INDIA LIMITED	CONSUMER DURABLES	0.61%	−0.8%
MRF LIMITED	AUTO COMPONENTS	0.60%	−2.4%
TUBE INVESTMENTS OF INDIA LTD	AUTO COMPONENTS	0.60%	−0.9%
VOLTAS LIMITED	CONSUMER DURABLES	0.58%	−0.7%
PAGE INDUSTRIES LIMITED	TEXTILES & APPARELS	0.55%	−0.8%
SUPREME INDUSTRIES LIMITED	INDUSTRIAL PRODUCTS	0.53%	−0.8%
UNO MINDA LIMITED	AUTO COMPONENTS	0.51%	−0.7%
COROMANDEL INTERNATIONAL LIMITED	FERTILIZERS & AGROCHEMICALS	0.50%	−0.8%
BLUE STAR LTD	CONSUMER DURABLES	0.47%	−0.7%
PI INDUSTRIES LIMITED	FERTILIZERS & AGROCHEMICALS	0.45%	−0.8%
HINDUSTAN COPPER LIMITED	NON - FERROUS METALS	0.44%	+16.9%
BALKRISHNA INDUSTRIES LIMITED	AUTO COMPONENTS	0.41%	−0.8%
ASTRAL LIMITED	INDUSTRIAL PRODUCTS	0.40%	−0.8%
MAZAGON DOCK SHIPBUILDERS LIMITED	INDUSTRIAL MANUFACTURING	0.38%	−0.7%
HIMADRI SPECIALITY CHEMICAL LIMITED	CHEMICALS & PETROCHEMICALS	0.38%	−0.5%
AIA ENGINEERING LIMITED	INDUSTRIAL PRODUCTS	0.36%	−0.8%
AMBER ENTERPRISES INDIA LIMITED	CONSUMER DURABLES	0.35%	New
CROMPTON GREAVES CONSUMER ELECTRICAL LTD	CONSUMER DURABLES	0.32%	−0.6%
LINDE INDIA LIMITED	CHEMICALS & PETROCHEMICALS	0.32%	−0.7%
COCHIN SHIPYARD LIMITED	INDUSTRIAL MANUFACTURING	0.30%	+13.4%
K.P.R. MILL LTD	TEXTILES & APPARELS	0.29%	−0.8%
KAYNES TECHNOLOGY INDIA LTD.	INDUSTRIAL MANUFACTURING	0.26%	−0.6%
ANTHEM BIOSCIENCES LIMITED	PHARMACEUTICALS & BIOTECHNOLOGY	0.22%	+20.4%
ESCORTS KUBOTA LIMITED	AGRICULTURAL, COMMERCIAL & CONSTRUCTION VEHICLES	0.22%	−0.8%

Navi Nifty India Manufacturing Index Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

MAHINDRA & MAHINDRA LIMITED	Added	+3.8%	4.98%
RELIANCE INDUSTRIES LIMITED	Added	+10.2%	4.96%
SUN PHARMACEUTICAL INDUSTRIES LIMITED	Reduced	−0.7%	4.59%
MARUTI SUZUKI INDIA LIMITED	Reduced	−1.0%	3.71%
TATA STEEL LIMITED	Reduced	−0.4%	3.65%
BHARAT ELECTRONICS LIMITED	Reduced	−0.8%	3.32%
HINDALCO INDUSTRIES LIMITED	Reduced	−0.8%	3.25%
BAJAJ AUTO LIMITED	Reduced	−2.2%	2.83%
JSW STEEL LIMITED	Added	+1.9%	2.88%
DIVI'S LABORATORIES LIMITED	Reduced	−0.8%	2.82%
EICHER MOTORS LIMITED	Reduced	−0.7%	2.35%
TVS MOTOR COMPANY LIMITED	Reduced	−0.8%	2.30%
TATA MOTORS LIMITED	Reduced	−0.6%	2.10%
HINDUSTAN AERONAUTICS LIMITED	Reduced	−0.8%	2.11%
LAURUS LABS LIMITED	Reduced	−0.6%	1.84%
CIPLA LIMITED	Reduced	−0.7%	1.81%
DR. REDDY'S LABORATORIES LIMITED	Reduced	−0.7%	1.79%
SAMVARDHANA MOTHERSON INTERNATIONAL LTD	Reduced	−0.8%	1.72%
TORRENT PHARMACEUTICALS LIMITED	Added	+39.3%	1.69%
VEDANTA ALUMINIUM METAL LIMITED	New	New	1.67%
CUMMINS INDIA LIMITED	Reduced	−0.7%	1.53%
BHARAT PETROLEUM CORPORATION LIMITED	Reduced	−1.7%	1.45%
TATA MOTORS PASSENGER VEHICLES LIMITED	Reduced	−0.6%	1.42%
BHARAT HEAVY ELECTRICALS LIMITED	Sold out	−100%	was 1.49%
CG POWER AND INDUSTRIAL SOLUTIONS LTD	Reduced	−0.7%	1.40%
DIXON TECHNOLOGIES (INDIA) LIMITED	Reduced	−0.4%	1.30%
SUZLON ENERGY LIMITED	Reduced	−0.7%	1.15%
BHARAT FORGE LIMITED	Added	+3.5%	1.28%
GE VERNOVA T&D INDIA LIMITED	Reduced	−0.8%	1.24%
LUPIN LIMITED	Reduced	−0.7%	1.18%
PIDILITE INDUSTRIES LIMITED	Reduced	−0.5%	1.09%
INDIAN OIL CORPORATION LIMITED	Reduced	−0.8%	1.20%
POLYCAB INDIA LIMITED	Reduced	−0.8%	1.02%
ASHOK LEYLAND LIMITED	Reduced	−0.7%	1.05%
SOLAR INDUSTRIES INDIA LIMITED	Reduced	−0.8%	1.14%
AUROBINDO PHARMA LIMITED	Reduced	−0.9%	1.10%
VEDANTA LIMITED	Added	+3.0%	1.09%
JINDAL STEEL LIMITED	Reduced	−0.6%	1.00%
BOSCH LIMITED	Reduced	−0.6%	0.97%
APL APOLLO TUBES LIMITED	Reduced	−0.7%	0.95%
HITACHI ENERGY INDIA LIMITED	New	New	0.93%
ABB INDIA LIMITED	Reduced	−0.7%	0.85%
SONA BLW PRECISION FORGINGS LIMITED	Reduced	−0.5%	0.89%
SRF LIMITED	Reduced	−0.8%	0.86%
WELSPUN CORP LTD	New	New	0.85%
SIEMENS LIMITED	Reduced	−0.8%	0.79%
KEI INDUSTRIES LIMITED	Reduced	−0.8%	0.66%
NAVIN FLUORINE INTERNATIONAL LIMITED	Reduced	−0.8%	0.72%
ALKEM LABORATORIES LIMITED	Added	+2.2%	0.74%
HYUNDAI MOTOR INDIA LIMITED	Reduced	−1.0%	0.69%
UPL LIMITED	Reduced	−0.8%	0.72%
HAVELLS INDIA LIMITED	Reduced	−0.8%	0.61%
ZYDUS LIFESCIENCES LIMITED	Reduced	−1.7%	0.69%
TUBE INVESTMENTS OF INDIA LTD	Reduced	−0.9%	0.60%
SIEMENS ENERGY INDIA LIMITED	Reduced	−0.8%	0.68%
HINDUSTAN ZINC LIMITED	Reduced	−0.8%	0.65%
VOLTAS LIMITED	Reduced	−0.7%	0.58%
MRF LIMITED	Reduced	−2.4%	0.60%
PAGE INDUSTRIES LIMITED	Reduced	−0.8%	0.55%
UNO MINDA LIMITED	Reduced	−0.7%	0.51%
COROMANDEL INTERNATIONAL LIMITED	Reduced	−0.8%	0.50%
SUPREME INDUSTRIES LIMITED	Reduced	−0.8%	0.53%
BLUE STAR LTD	Reduced	−0.7%	0.47%
PI INDUSTRIES LIMITED	Reduced	−0.8%	0.45%
MAZAGON DOCK SHIPBUILDERS LIMITED	Reduced	−0.7%	0.38%
HINDUSTAN COPPER LIMITED	Added	+16.9%	0.44%
ASTRAL LIMITED	Reduced	−0.8%	0.40%
BALKRISHNA INDUSTRIES LIMITED	Reduced	−0.8%	0.41%
HIMADRI SPECIALITY CHEMICAL LIMITED	Reduced	−0.5%	0.38%
AIA ENGINEERING LIMITED	Reduced	−0.8%	0.36%
CROMPTON GREAVES CONSUMER ELECTRICAL LTD	Reduced	−0.6%	0.32%
AMBER ENTERPRISES INDIA LIMITED	New	New	0.35%
LINDE INDIA LIMITED	Reduced	−0.7%	0.32%
COCHIN SHIPYARD LIMITED	Added	+13.4%	0.30%
K.P.R. MILL LTD	Reduced	−0.8%	0.29%
KAYNES TECHNOLOGY INDIA LTD.	Reduced	−0.6%	0.26%
ESCORTS KUBOTA LIMITED	Reduced	−0.8%	0.22%
ANTHEM BIOSCIENCES LIMITED	Added	+20.4%	0.22%
CASTROL INDIA LIMITED	Sold out	−100%	was 0.20%
HONEYWELL AUTOMATION INDIA LIMITED	Sold out	−100%	was 0.18%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Navi Nifty India Manufacturing Index Fund bought and sold

Navi Nifty India Manufacturing Index Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Nippon India NIFTY India Manufacturing Index FundIndex · Nippon India	99.7%	77	Compare
UTI Nifty India Manufacturing Index FundIndex · UTI	99.7%	77	Compare
Mirae Asset Nifty India Manufacturing ETFETF · Mirae Asset	99.7%	77	Compare
Nippon India NIFTY India Manufacturing ETFETF · Nippon India	99.7%	77	Compare
Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal	99.5%	77	Compare
Tata Nifty500 Multicap India Manufacturing 50:30:20 Index FundIndex · Tata	65.3%	41	Compare
Axis India Manufacturing FundThematic · Axis	52.6%	39	Compare
HDFC Manufacturing FundThematic · HDFC	47.3%	34	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Navi Nifty India Manufacturing Index Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.58%
Expense ratio (Regular): 1.17%
Category: Index
Risk: Very High
Benchmark: Nifty India Manufacturing TRI
Launch date: 26-08-2022
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹83.12 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 150515
ISIN (Direct): INF959L01GD6
Scheme code (Regular): 150516
ISIN (Regular): INF959L01GE4
NAV history: From 29-08-2022, 4.2 years

Exit load: NIL

Tax on Navi Nifty India Manufacturing Index Fund returns

Navi Nifty India Manufacturing Index Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹18.1449	30-10-2026
regular	Growth	₹17.5825	30-10-2026

About Navi Nifty India Manufacturing Index Fund

Navi Nifty India Manufacturing Index Fund is a mutual fund from Navi Mutual Fund. Its category is Index. It was launched on 26-08-2022. Its benchmark is Nifty India Manufacturing TRI. At the end of September 2026 it held 77 securities.

Fund Manager

Ashutosh Shirwaikar
Fund manager of Navi Nifty India Manufacturing Index Fund, since 14-02-2025

See all funds of Navi Mutual Fund

AUM change

September 2026: ₹83.12 Cr; +0.74% from July 2026
July 2026: ₹82.51 Cr; +8.98% from April 2026
April 2026: ₹75.71 Cr; +12.60% from March 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Navi Nifty India Manufacturing Index Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Navi Nifty India Manufacturing Index vs Nippon India NIFTY India Manufacturing Index99.7% overlap
Navi Nifty India Manufacturing Index vs UTI Nifty India Manufacturing Index99.7% overlap
Navi Nifty India Manufacturing Index vs Mirae Asset Nifty India Manufacturing ETF99.7% overlap
Navi Nifty India Manufacturing Index vs Nippon India NIFTY India Manufacturing ETF99.7% overlap
Navi Nifty India Manufacturing Index vs Motilal Oswal Nifty India Manufacturing ETF99.5% overlap
Navi Nifty India Manufacturing Index vs Tata Nifty500 Multicap India Manufacturing 50:30:20 Index65.3% overlap
Navi Nifty India Manufacturing Index vs Axis India Manufacturing52.6% overlap
Navi Nifty India Manufacturing Index vs HDFC Manufacturing47.3% overlap

Compare with any other fund

Frequently Asked Questions for Navi Nifty India Manufacturing Index Fund

What is the current NAV of Navi Nifty India Manufacturing Index Fund?

The Direct plan NAV is ₹18.1449. The Regular plan NAV is ₹17.5825, as on 30-10-2026.

What are the returns of Navi Nifty India Manufacturing Index Fund?

The Direct plan returned −2.12% in 1 year, +16.64% a year over 3 years. The Regular plan returned −2.70% in 1 year, +15.81% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Navi Nifty India Manufacturing Index Fund?

The Direct plan charges 0.58% a year. The Regular plan charges 1.17% a year. This is the figure the fund house reported to AMFI, in force from 02-10-2026.

What is the AUM of Navi Nifty India Manufacturing Index Fund?

Navi Nifty India Manufacturing Index Fund managed ₹83.12 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Navi Nifty India Manufacturing Index Fund?

At the end of September 2026 the largest holdings were M&M (4.98%), RELIANCE (4.96%), SUNPHARMA (4.59%), MARUTI (3.71%), TATASTEEL (3.65%). The fund held 77 securities in all.

What did Navi Nifty India Manufacturing Index Fund buy and sell in September 2026?

It bought 4 new stocks: HITACHI ENERGY INDIA LIMITED, WELSPUN CORP LTD, VEDANTA ALUMINIUM METAL LIMITED, AMBER ENTERPRISES INDIA LIMITED. It sold out of 3: CASTROL INDIA LIMITED, BHARAT HEAVY ELECTRICALS LIMITED, HONEYWELL AUTOMATION INDIA LIMITED. It added shares in 10. It reduced 63.

How do I invest in Navi Nifty India Manufacturing Index Fund?

Through Navi Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Navi Nifty India Manufacturing Index Fund?

Ashutosh Shirwaikar (since 14-02-2025).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.