About Navi Nifty India Manufacturing Index Fund
Navi Nifty India Manufacturing Index Fund is a index fund managed by Navi Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The investment objective of the scheme is to achieve return equivalent to Nifty India ManufacturingIndex by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
The scheme's stated objective, as published by Navi Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹19.5417 | 150515 |
| Regular | Growth | ₹18.9315 | 150516 |
Frequently asked questions
What is the NAV of Navi Nifty India Manufacturing Index Fund today?
The NAV of Navi Nifty India Manufacturing Index Fund (Direct plan, Growth) is ₹19.5417 and the Regular plan NAV is ₹18.9315, as of 13 Nov 2026.
What returns has Navi Nifty India Manufacturing Index Fund given?
Over the last year the Direct plan returned 4.68%, and 18.27% a year over 3 years. That places it 7 of 167 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Navi Nifty India Manufacturing Index Fund?
The Direct plan charges 0.56% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Navi Nifty India Manufacturing Index Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.
How much has Navi Nifty India Manufacturing Index Fund fallen in the past?
Its deepest fall was 23% from 27 Sept 2024 to 7 Apr 2025. Of every one-year stretch in its history, 88% ended in a gain.
Which category does Navi Nifty India Manufacturing Index Fund belong to?
It is a Index Fund from Navi Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Navi Nifty India Manufacturing Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.