Navi NiftyIT Index Fund
Index Funds · Navi AMC Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹60,540. Funds like this reward patience and punish panic-selling.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Navi NiftyIT Index Fund is a index funds from Navi AMC Limited. It has a track record of about 2.5 years. As of the latest data it carries an RS rating of 17/99 (its recent momentum versus category peers). The current NAV is ₹8.68 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Navi NiftyIT Index Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -7.26% | -3.19% |
| 3 months | 3.63% | -0.24% |
| 6 months | -1.17% | 4.45% |
| 1 year | -18.14% | 1.13% |
Its trailing one-year return is -18.14%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Navi NiftyIT Index Fun | Benchmark |
|---|---|---|
| 2025 | -10.7% | +6.7% |
| 2026 | -22.4% | -5.8% |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -39.46% | -16.31% |
| Worst drawdown (3Y) | -39.46% | -15.09% |
| Volatility (1Y) | 32.76% | 14.53% |
| Sharpe (3Y) | -0.48 | 0.24 |
| Sortino (3Y) | -0.63 | 0.69 |
| Beta (3Y) | 0.79 | 0.67 |
| Alpha (3Y) | -10.23% | 1.16% |
| Up capture | 83.0% | 70.6% |
| Down capture | 102.6% | 61.79% |
| Bull-market return | 21.4% | 22.28% |
| Bear-market return | -51.4% | -18.34% |
Timing matters more than people admit: the best possible 1-year stretch in Navi NiftyIT Index Fund (starting 2024-05-10) gained 18.4%, while the worst (starting 2025-06-30) lost 29.4%. The worst peak-to-bottom fall Navi NiftyIT Index Fund has ever put investors through is -39.46% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -51.4% annualised, versus 21.4% in rising markets. It has captured roughly 83.0% of its benchmark's up-moves and 102.6% of its down-moves.
How Navi NiftyIT Index Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Navi NiftyIT Index Fund has historically returned about -51.4% annualised, versus roughly 21.4% when the market is rising. Its deepest fall on record is -39.46%. Right now it sits about 34.71% below its all-time high (last hit 2024-12-13). The real question isn't the average year - it's whether you could hold on through the worst one.
How Navi NiftyIT Index Fund ranks in its category
Percentile versus its ~1179 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages Navi NiftyIT Index Fund - and how good are they?
Navi NiftyIT Index Fund is managed by Ashutosh Shirwaikar. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Ashutosh Shirwaikar's full record
Ashutosh Shirwaikar currently runs 16 funds, across Aggressive Hybrid Fund, ELSS, Flexi Cap Fund, FoF Overseas and more, with about ₹8,186 Cr under management. The book's average King Score is 57.8/100. Their strongest fund by King Score is Navi NASDAQ100 US Specific Equity Passive FOF (83/100); Navi NiftyIT Index Fund ranks #15 of 16 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Navi NASDAQ100 US Specific Equity Passive FOF | 72 | 83 | -4.0% | 21.3% | 31.0% | 30.2% | n/a | n/a | 1.05 | 31.2% | -25.1% |
| 2 | Navi Aggressive Hybrid Fund | 98 | 82 | 3.5% | 11.9% | 8.1% | 11.3% | 11.0% | n/a | 0.41 | 14.6% | -30.6% |
| 3 | Navi Total Stock Market US Specific Equity Passive FoF | 77 | 77 | 1.6% | 17.4% | 25.2% | 25.7% | n/a | n/a | 1.09 | 23.2% | -20.0% |
| 4 | Navi Nifty India Manufacturing Index Fund | 50 | 69 | -1.6% | 5.2% | 4.5% | 16.4% | n/a | n/a | 0.58 | 22.6% | -23.0% |
| 5 | Navi Nifty Midcap 150 Index Fund | 66 | 65 | -0.8% | 8.0% | 3.9% | 13.8% | n/a | n/a | 0.41 | 22.5% | -21.0% |
| 6 | Navi Flexi Cap Fund | 79 | 62 | 1.1% | 10.3% | 8.9% | 10.2% | 10.9% | n/a | 0.25 | 16.7% | -37.9% |
| 7 | Navi Nifty Next 50 Index Fund | 57 | 58 | -1.6% | 7.6% | 3.7% | 15.7% | n/a | n/a | 0.46 | 18.4% | -26.3% |
| 8 | Navi Nifty Bank Index Fund | 45 | 53 | -1.2% | 2.3% | 3.0% | 7.3% | n/a | n/a | 0.06 | 12.5% | -17.9% |
| 9 | Navi Large & Midcap Fund | 59 | 47 | -0.1% | 8.4% | 3.0% | 9.0% | 10.3% | 13.6% | 0.17 | 15.6% | -38.4% |
| 10 | Navi Nifty 50 Index Fund | 15 | 38 | -2.1% | -1.6% | -6.7% | 5.8% | 6.7% | n/a | -0.04 | 13.1% | -16.6% |
| 11 | Navi ELSS Tax Saver NIFTY 50 Index Fund | 9 | 36 | -2.2% | -1.7% | -6.8% | 5.7% | n/a | n/a | -0.05 | 9.8% | -15.5% |
| 12 | Navi BSE Sensex Index Fund | 7 | 23 | -2.1% | -2.5% | -8.5% | 4.0% | n/a | n/a | -0.17 | n/a | -16.1% |
| 13 | Navi Nifty Smallcap 250 Momentum quality index fund | 95 | n/a | 5.0% | 19.0% | 3.9% | n/a | n/a | n/a | 0.33 | n/a | -22.5% |
| 14 | Navi NIFTY 500 Multicap 50-25-25 | 48 | n/a | -0.5% | 6.2% | -0.3% | n/a | n/a | n/a | -0.42 | n/a | -19.8% |
| 15 | Navi NiftyIT Index Fund (this page) | 17 | n/a | 3.6% | -1.2% | -18.1% | n/a | n/a | n/a | -0.48 | n/a | -39.5% |
| 16 | Navi Nifty midsmallcap 400 Index Fund | n/a | n/a | 0.6% | 10.9% | n/a | n/a | n/a | n/a | n/a | n/a | -14.2% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.35% |
| Exit load | No exit load |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹20 Cr |
| Age | 2.5 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Navi NiftyIT Index Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Navi NiftyIT Index Fund review: the bottom line
Related
Frequently asked questions
Is Navi NiftyIT Index Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Navi NiftyIT Index Fund scores RS 17/99 within its category, and its worst drawdown was -39.46%. Compare those against your needs and the peer table above.
What is the NAV of Navi NiftyIT Index Fund today?
The latest NAV is ₹8.68 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Navi NiftyIT Index Fund?
The Direct-plan expense ratio is 0.35% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Navi NiftyIT Index Fund?
Navi NiftyIT Index Fund is managed by Ashutosh Shirwaikar.
Is Navi NiftyIT Index Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -39.46% - ₹1 lakh briefly becoming about ₹60,540. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Navi NiftyIT Index Fund tax-efficient / what about capital gains?
As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Navi NiftyIT Index Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.