Navi Nifty Next 50 Index Fund-Reg(G)
View the direct plan of this scheme
Rs 14.9578 -0.3693(-2.41 %) NAV as on 25 Apr 2025
Scheme Objective: The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 (the Index) and to endeavor to achieve the returns of the index as closely as possible, though subject to tracking error. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 Index over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.
Performance (As on 25 Apr 2025)
6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|
Scheme | -7.59 % | 0.93 % | 14.94 % | N/A | 13.12 % |
NIFTY NEXT 50 | -18.49 % | -3.47 % | 11.85 % | 22.38 % | N/A |
Portfolio
Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.
Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.