Navi Nifty India Manufacturing Index Fund Direct-Growth
Equity: Thematic-Manufacturing - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Thematic-ManufacturingBenchmark: Nifty India Manufacturing Total Return Index
NAV: ₹19.41+0.26%
16 Jul 2026
Tracking Difference
Annualised return gap between Navi Nifty India Manufacturing Index Fund Direct-Growth and its benchmark index over 1Y, 3Y, 5Y and 10Y periods, compared to the average of all funds tracking the same benchmark.
| Name | 1 Y | 3 Y | 5 Y | 10 Y |
|---|---|---|---|---|
| Fund | -0.40% | -0.54% | - | - |
| Avg. of funds with same benchmark | -0.40% | -0.54% | - | - |
Rolling Returns Analysis
Rolling annualized returns of Navi Nifty India Manufacturing Index Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 04 Sep, 2023 - 16 Jul, 2026 | 15 Sep, 2025 - 16 Jul, 2026 | - | - |
| Average returns | 24.71% | 22.81% | - | - |
| Standard deviation | 21.21% | 1.25% | - | - |
| Best returns | 66.59% 1 year ending on 04 Jul, 2024 | 26.34% 3 years ending on 17 Apr, 2026 | - | - |
| Worst returns | -6.81% 1 year ending on 01 Aug, 2025 | 20.20% 3 years ending on 29 Sep, 2025 | - | - |
| Period with positive return | 89.08% | 100.00% | - | - |
| Period with return > 5% | 82.13% | 100.00% | - | - |
| Period with return > 10% | 70.64% | 100.00% | - | - |
| Period with return > 15% | 57.87% | 100.00% | - | - |
| Beat % Category | 54.33% | 57.77% | - | - |
| Beat % Benchmark | 83.12% | 100.00% | - | - |
Trailing Returns
Point-to-point returns of Navi Nifty India Manufacturing Index Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
15%
20%
3.9%
8.0%
-2.1%
YTD
0.6%
2.0%
1.2%
1 M
5.5%
10.7%
-0.6%
6 M
10.7%
10.6%
-0.1%
1 Y
19.6%
20.8%
12.3%
3 Y
17.8%
12.2%
5 Y
14.7%
13.7%
10 Y
Fund
Equity: Thematic-Manufacturing
Nifty India Manufacturing Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 3.94% | 0.57% | 5.48% | 10.72% | 19.64% | - | - | 18.63% |
| Equity: Thematic-Manufacturing | 8.02% | 2.02% | 10.69% | 10.60% | 20.81% | 17.82% | 14.66% | - |
| Nifty India Manufacturing Total Return Index | -2.15% | 1.23% | -0.57% | -0.07% | 12.33% | 12.19% | 13.67% | - |
| Rank in category | 13 | 16 | 15 | 8 | 4 | - | - | - |
| Funds in category | 17 | 17 | 17 | 16 | 5 | 2 | 1 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Navi Nifty India Manufacturing Index Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Navi Nifty India Manufacturing Index Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Navi Nifty India Manufacturing Index Fund Direct-Growth?
Navi Nifty India Manufacturing Index Fund Direct-Growth has delivered a 1-year return of 10.72% as of 16 Jul 2026. During the same period, its benchmark Nifty India Manufacturing Total Return Index returned -0.07%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of Navi Nifty India Manufacturing Index Fund Direct-Growth?
Navi Nifty India Manufacturing Index Fund Direct-Growth has delivered a 3-year CAGR of 19.64% as of 16 Jul 2026. Its benchmark Nifty India Manufacturing Total Return Index returned 12.33% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Navi Nifty India Manufacturing Index Fund Direct-Growth?
The 5-year CAGR for Navi Nifty India Manufacturing Index Fund Direct-Growth is shown in the Trailing Returns section above.
What are the returns of Navi Nifty India Manufacturing Index Fund Direct-Growth since inception?
Since its launch on 31 Aug 2022, Navi Nifty India Manufacturing Index Fund Direct-Growth has delivered a CAGR of 18.63%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Navi Nifty India Manufacturing Index Fund Direct-Growth performed vs its category over the long term?
Over the long term, Navi Nifty India Manufacturing Index Fund Direct-Growth has ranked 4 out of 5 funds in the Equity: Thematic-Manufacturing category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Navi Nifty India Manufacturing Index Fund Direct-Growth?
The Sharpe ratio of Navi Nifty India Manufacturing Index Fund Direct-Growth is 0.84 (as of 16 Jul 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Navi Nifty India Manufacturing Index Fund Direct-Growth?
The 3Y alpha of Navi Nifty India Manufacturing Index Fund Direct-Growth is 5.87% (as of 16 Jul 2026). Alpha measures the excess return generated by the fund over and above its benchmark Nifty India Manufacturing Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Navi Nifty India Manufacturing Index Fund Direct-Growth?
The beta of Navi Nifty India Manufacturing Index Fund Direct-Growth is 1.00 (as of 16 Jul 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark Nifty India Manufacturing Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Navi Nifty India Manufacturing Index Fund Direct-Growth's beta of 1.00 indicates it is more aggressive than its benchmark.
What are the rolling returns of Navi Nifty India Manufacturing Index Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Navi Nifty India Manufacturing Index Fund Direct-Growth is 24.71% and 22.81% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.