Navi Mutual Fund

Navi was founded by Sachin Bansal (co-founder of e-commerce giant Flipkart) and Ankit Agarwal (previously a banker at Deutsche Bank) to provide financial services in a digitally conducive and accessible manner. Navi Asset Management Corporation Limited, the mutual fund arm of Navi, was incorporated on 09 April 2009 and is recognized as a non-government company. 

Best Navi Mutual Funds

Fund Name
Category
Rating
Fund Size (in Cr)
1Y Returns
3Y Returns
5Y Returns
Navi Large & Midcap Fund Equity 3 251 8.4 20.1 13.2
Navi 3 In 1 Fund Hybrid 2 15 9.5 17.2 14.2
Navi Large Cap Equity Fund Equity 2 91 9.5 17.2 14.2
Navi Flexi Cap Fund Equity 3 218 8.3 17.1 -
Navi Ultra Short Term Fund Debt 1 11 9.7 16.8 14.9
Navi ELSS Tax Saver Fund Equity 2 60 5.1 14.8 10.5
Navi Equity Hybrid Fund Hybrid 3 87 7.9 12.8 -
Navi Regular Savings Fund Hybrid 3 27 5.0 6.7 6.6
Navi Liquid Fund Debt - 147 4.9 4.0 5.2
Navi Nifty Next 50 Index Fund Other - 89 - - -
Navi Nifty 50 Index Fund Other - 571 9.2 - -
Navi Nifty Bank Index Fund Other - 43 - - -
Navi US Total Stock Market Fund Other - 366 - - -
Navi Nifty Midcap 150 Index Fund Other - 24 - - -
Navi NASDAQ 100 Fund Other - 263 - - -
Navi Nifty India Manufacturing Index Fund Other - 10 - - -

The primary goal at Navi AMC is to make investment mechanisms more affordable and convenient with a user-friendly online process. With 85 schemes designed specifically to cater to the niche needs of their customers, Navi AMC Limited has a total of 7,932.58 Cr AUM. The authorized share capital of Navi AMC is ₹1,700,000,000, while its paid-up capital is ₹1,624,772,990. 

Since Navi AMC prioritizes client needs, the finance firm has devised debt and equity schemes to fulfill any risk appetite. While Navi AMC Limited currently runs 47 Debt schemes, the number of Equity schemes operated by the firm is 67.

Apart from money management services, Navi is also known for other financial provisions such as business loans, personal and housing loans, and general insurance.

Navi AMC Ltd Key Information

Name of the Mutual Fund Navi Mutual Fund
Asset Management Company Name Navi AMC Limited
Current Status Active
Date of Incorporation 09 April 2009
Sponsor Name Anmol Como Broking Private Limited
Trustee Name Navi Trustee Limited
Managing Director & Chief Executive Officer Saurabh Jain
Directors Saurabh Subhash Jain (Director)

Arindam Haraprasad Ghosh (Director)

Ankit Agarwal (Director)

Nachiket Madhusudan Mor (Additional Director)

Usha Narayanan (Director)

Registered Office  7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur Rd, Koramangala Industrial Layout, S.G. Palya, Bangalore- 560095
Corporate Identification Number (CIN) U65990WB2009PLC134537
Registration number 134537

Navi Mutual Fund Managers

1. Saurabh Jain

Mr. Saurabh Jain currently serves as the Managing Director and Chief Executive Officer of Navi Asset Management Company Limited and has been working at Navi Mutual Fund for the past one year and eleven months. He is registered with the Ministry of Corporate Affairs (MCA). With a rich background in business administration, some of his previous positions include Assistant Vice President of Business Projects and Chief of Staff at COO’s office at Swiggy. In addition, being well versed in data analytics, he has worked at Fractal Analytics for more than four years.

2. Arindam Haraprasad Ghosh

Mr. Arindam Haraprasad Ghosh possesses deep knowledge in Banking, financial services, and insurance (BFSI). He has spent more than two decades assuming entrepreneurial roles in various start-ups, wealth management firms, and financial institutions. Before being appointed as a Board Director at Navi AMC Limited, he was associated with Mirae Asset Group, first as Head of Asia Pacific Business and later as CEO and Director. He developed the Asia Pacific Investment Marketing organization on an international front that included countries like Japan, Australia, Korea, Taiwan, Hong Kong, and Singapore with Fidelity International. 

3. Ankit Agarwal

After acquiring his B.Tech degree in computer science from the Indian Institute of Technology (IIT), Delhi, Mr. Ankit Agarwal went to the Indian Institute of Management(IIM) at Ahmedabad and subsequently earned a Master’s degree in Business Administration (MBA). With his strong education qualifications, he was hired by Deutsche Bank. He worked in credit trading for more than six years, initially as an associate and later as the vice president. He later worked at Bank of America as the Director and vice president, gaining immense experience in the banking segment. In December 2018, he co-founded Navi, a financial services company, and has since served as its CFO.

4. Nachiket Madhusudan Mor

Some of the prominent degrees that Mr. Nachiket Madhusudan Mor has to his name include a Ph.D. in Economics from the University of Pennsylvania, a Post Graduate Diploma in Management from the Indian Institute of Management (IIM) Ahmedabad, and a B.Sc in Physics from the Mumbai University. He is associated with some of the most renowned and significant projects and institutions in an administrative capacity. This includes being the Director of the Bill & Melinda Gates Foundation (Indian Division) and serving as a member of the Board of Reserve Bank of India. He has previously been associated with ICICI Foundation and IFMR Trust on a financial front. At ICICI, he worked from 1987 to 2007 before becoming a member of its Board of Directors from 2001 to 2007. He has even contributed to RBI’s Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households by serving as its chairman. Using his administrative experience in a more social framework, he participated in the High-Level Expert Group on Universal Healthcare set up by the Planning Commission of India. Other professional affiliations of Mr. Mor include Wipro, the Azim Premji Foundation, and the Fixed Income Money Market & Derivatives Association of India.

5. Mr Aditya Mulki

With an experience of seven (7) years in capital markets, Mr Aditya Mulki is associated with Navi AMC as a Fund Manager. He is a CFA (Chartered Financial Analyst) Charterholder from CFA Institute, USA. He joined Navi AMC as an Associate Manager in October 2021 and was promoted to Fund Manager in February 2022. Before joining Navi AMC, he was engaged at Quantum Advisors India as Equity Research Associate and Equity Research Analyst. At Quantum Advisors, Mr Mulki covered consumer discretionary, media, consumer staples, and building materials sectors.

Mr Aditya Mulki manages funds like Navi Large & Midcap Fund, Navi Flexi Cap Fund, Navi Large Cap Equity Fund, Navi Nifty 50 Index Fund, Navi ELSS Tax Saver Fund, etc. 

6. Ms Surbhi Sharma

With an experience of seven (7) years in fixed income markets, Ms Surbhi Sharma is associated with Navi AMC as a Fund Manager – Fixed Income. Besides being a Company Secretary (Banking, Corporate Finance & Securities Law), Ms Sharma is an MBA in Finance. She joined Navi AMC in August 2021 as Fixed Income Dealer and was promoted to her current role in February 2022. Before joining Navi AMC, Ms Sharma worked with DCB Bank as Money Market Dealer, ITI Gilts Ltd. as Fixed Income Dealer, and Goldman Sachs as an Analyst. Her areas of expertise include liquidity management, valuation, financial analysis, market research, corporate law, and the like. 

At Navi AMC, Ms Sharma manages the Navi Liquid Fund Super Institutional Plan, Navi Ultra Short Term Fund, Navi Regular Savings Fund, and Navi Equity Hybrid Fund. 

How to Invest in Navi Mutual Fund Schemes?

Navi Asset Management Company is one of the newest entrants in the Indian mutual fund space. Navi’s parent company has a proven track record in the digital lending and general insurance space. Navi Mutual Fund offers fifteen (15) top-class mutual fund schemes across asset classes like equity, debt, hybrid, and Fund of Funds. Its mutual fund schemes have consistently delivered benchmark-beating returns.  

You can invest in Navi Mutual Fund schemes easily by following the steps mentioned below:

  • Open 5paisa’s official website
  • Locate the ‘Open Demat Account’ tab and click on it.
  • Enter your mobile number, PAN, Aadhar, and email address in the slots provided. After this, take a selfie and put your signature in the E Sign form. 
  • Click on ‘Submit.’
  • Wait until the account information comes to your registered email address. Evaluate the details in the mail. 
  • Reopen 5paisa’s official website and hit the ‘Login’ tab.
  • After logging in, search ‘Navi Mutual Fund.’ Select the equity, debt, hybrid, or Fund of Fund scheme you wish to invest in. Also, check the scheme returns, entry and exit load, and minimum investment amount before investing. 
  • Select ‘Start SIP’ or ‘One-Time.’ Select the ‘One-Time’ tab if you want to make a lump sum investment. Lump sum investment generally starts from INR 5,000. SIP or Systematic Investment Plan starts from INR 500.        
  • Enter the investment details and transfer the money using your preferred investment mode (net banking, debit/ credit card, UPI, etc.). After transferring the investment amount, verify your investment status in the order book. 

It is wise to know that Navi Mutual Fund usually credits mutual fund units within three (3) working days from the date of investment. So, you may redeem or switch units only after 3 days.

Besides offering a browser-based account opening facility, 5paisa also provides a feature-rich app to smartphone or tablet users. Download the 5paisa app on your Android, iPhone, or Windows Phone to create an all-in-one account and experience hassle-free investing in Navi Mutual Fund schemes. 

Top Navi Mutual Funds to Invest

Navi AMC offers fifteen (15) mutual fund schemes across segments of equity, debt, hybrid and balanced funds, and Fund of Funds/ International FoFs. The fund house allows SIP (Systematic Investment Plan), STP (Systematic Transfer Plan), and SWP (Systematic Withdrawal Plan). The following are the top mutual fund schemes of Navi AMC:

Navi ELSS Tax Saver Fund

Navi ELSS Tax Saver Fund is the best performing Equity Linked Savings fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 7.38% in 5 years, 11.55% in 3 years, 2.54% in 1 year, and 10.35% since inception. The fund’s AUM is INR 55 crore (as on 30 June 2022).

5-Year Returns – 7.38% 

3-Year Returns – 11.55%

1-Year Returns – 2.54%

Return Since Inception – 10.35%

Minimum Lumpsum Investment – INR 500

Minimum Additional Investment – INR 500

Minimum SIP Investment – INR 500 

Benchmark – NIFTY 500 TRI

Entry Load – Nil

Exit Load – Nil

Fund Managers(s) – Mr Aditya Mulki

Min Investment Amt ₹500
AUM ₹60 Cr
1Y Returns 5.1%

Navi Equity Hybrid Fund

Navi Equity Hybrid Fund is the best performing Aggressive Hybrid fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 10.01% in 3 years, 3.72% in 1 year, and 7.64% since inception. The fund’s AUM is INR 86 crore (as on 30 June 2022).

3-Year Returns – 10.01%

1-Year Returns – 3.72%

Return Since Inception – 7.64%

Minimum Lumpsum Investment – INR 1,000

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – CRISIL Hybrid 35+65 Aggressive Index

Entry Load – Nil

Exit Load – Nil

Fund Managers(s) – Mr Aditya Mulki and Ms Surbhi Sharma

Min Investment Amt ₹10
AUM ₹87 Cr
1Y Returns 7.9%

Navi Flexi Cap Fund

Navi Flexi Cap Fund is the best performing Flexi Cap fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 13.73% in 3 years, 3.89% in 1 year, and 10.61% since inception. The fund’s AUM is INR 180 crore (as on 30 June 2022).

3-Year Returns – 13.48%

1-Year Returns – 3.89%

Return Since Inception – 10.61%

Minimum Lumpsum Investment – INR 1000

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – NIFTY 500 TRI

Entry Load – Nil

Exit Load – Nil

Fund Managers(s) – Mr Aditya Mulki

Min Investment Amt ₹10
AUM ₹218 Cr
1Y Returns 8.3%

Navi Large & Midcap Fund

Navi Large & Midcap Fund is the best performing Large & Midcap fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 10.35% in 5 years, 16.17% in 3 years, 7.87% in 1 year, and 13.54% since inception. The fund’s AUM is INR 133 crore (as on 30 June 2022).

5-Year Returns – 10.35%

3-Year Returns – 16.17%

1-Year Returns – 7.87%

Return Since Inception – 13.54%

Minimum Lumpsum Investment – INR 1,000

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – NIFTY Large Midcap 250 TRI

Entry Load – Nil

Exit Load – Nil

Fund Managers(s) – Mr Aditya Mulki

Min Investment Amt ₹10
AUM ₹251 Cr
1Y Returns 8.4%

Navi Regular Savings Fund

Navi Regular Savings Fund is the best-performing Conservative Hybrid fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 4.28% in 5 years, 4.88% in 3 years, 1.97% in 1 year, and 6.79% since inception. The fund’s AUM is INR 28 crore (as on 30 June 2022).

5-Year Returns – 4.28%

3-Year Returns – 4.88%

1-Year Returns – 1.97%

Return Since Inception – 6.79%

Minimum Lumpsum Investment – INR 1,000

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – CRISIL Hybrid 85+15 Conservative Index

Entry Load – Nil

Exit Load – 1% for withdrawals made before one (1) year from the investment date

Fund Managers(s) – Mr Aditya Mulki and Ms Surbhi Sharma

Min Investment Amt ₹10
AUM ₹27 Cr
1Y Returns 5.0%

Navi Liquid Fund

Navi Liquid Fund is the best performing Liquid fund of Navi AMC. The fund’s regular- growth scheme has delivered a CAGR of 5.19% in 5 years, 3.91% in 3 years, 4.12% in 1 year, and 7.10% since inception. The fund’s AUM is INR 81 crore (as on 30 June 2022).

5-Year Returns – 5.19%

3-Year Returns – 3.91%

1-Year Returns – 4.12%

Return Since Inception – 7.10%

Minimum Lumpsum Investment – INR 1,000

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – CRISIL Liquid Fund Index

Entry Load – Nil

Exit Load – Between 0.0045% and 0.0070%

Fund Managers(s) – Ms Surbhi Sharma

Min Investment Amt ₹10
AUM ₹147 Cr
1Y Returns 4.9%

Navi Nifty 50 Index Fund

The fund’s regular- growth scheme has delivered a CAGR of 6.67% in 1 year, and 5.23% since inception. The fund’s AUM is INR 394 crore (as on 30 June 2022).

1-Year Returns – 6.67%

Return Since Inception – 5.23%

Minimum Lumpsum Investment – INR 500

Minimum Additional Investment – INR 100

Minimum SIP Investment – INR 500 

Benchmark – NIFTY 50 TRI

Entry Load – Nil

Exit Load – Nil

Fund Managers(s) – Ms Aditya Mulki

Min Investment Amt ₹10
AUM ₹571 Cr
1Y Returns 9.2%

Frequently Asked Questions

You can invest in Navi Mutual Fund schemes comfortably by opening an all-in-one 5paisa account. Upload your PAN, Aadhar, the E sign form, and a selfie photograph to create your personalised account and invest in the best Navi Mutual Fund schemes.  

You can calculate Navi Mutual Fund SIP by entering the investment amount, SIP tenure, SIP instalment record, and the interest rate in the SIP calculator. Click on this link to open the 5paisa SIP calculator.

You can redeem your investment in Navi Mutual Fund schemes by logging in to the 5paisa platform. After logging in, locate the scheme(s) you wish to redeem. After selecting the scheme, the platform will ask you to enter the number of units. Type the number of units or amount you wish to redeem. You may redeem part or full units.  

Navi offers 15 mutual fund schemes across categories like equity, debt, hybrid, and Fund of Funds. Its top schemes are Navi Large Cap Fund, Navi Flexi Cap Fund, Navi Regular Savings Fund, Navi Ultra Short Term Fund, Navi Liquid Fund, Navi Large & Midcap Fund, etc. 

Navi Mutual Fund offers 15 schemes for long and short-term investments. You can visit 5paisa to browse the list of top Navi Mutual Fund schemes, evaluate the returns, and invest seamlessly. Risk takers usually invest in Navi’s equity MF schemes, while risk-averse investors prefer investing in debt or hybrid schemes. 

Navi Asset Management Company is one of the newest entrants in the Indian mutual fund space. Navi’s parent company has a proven track record in the digital lending and general insurance space. Besides being backed by notable investors like Sachin Bansal and Ankit Agarwal, Navi has all the clearances to accept investment money from the public. 

Mr Sachin Bansal and Mr Ankit Agarwal own Navi AMC. They founded the company in 2018. Navi AMC received the approval of market regulator SEBI in December 2020.   

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