Navi Mutual Fund

AUM ₹ 5628Cr

(As on Dec 2023)

No. of schemes 23

Name	Essel Funds Management Company Ltd
AUM	₹ 5628 Crores
Founded	4 December 2009
Incorporation Date	9 April 2009
Sponsor	Essel Finance Wealth Zone Private Limited
CIO	Mr. Viral Berawala
MD & CEO	Mr. Rajiv Shastri
Contact Number	033-40185000
Email Id	mutualfund@esselfinance.com
Website	https://www.navimutualfund.com/
Trustee	Essel Mutual Fund Trustee Limited
Office Address	“Peerless Mansion” 3rd Floor, 1Chowringhee Square, Kolkata- 700067

Navi AMC (formerly Essel mutual fund) is founded by Sachin Bansal (co-founder and ex-Chairman of Flipkart) and Ankit Agarwal (ex-banker with Deutsche Bank and Bank of America). The AMC’s sponsor is Anmol Como Broking Private Limited and it is registered with the Securities & Exchange Board of India (SEBI) under the same name. The investment manager of Navi Mutual Funds is Navi AMC Limited and the trustee to Navi AMC Limited is Navi Trustee Limited. Not only confined to Navi AMC, Navi also offers a plethora of financial services and products including Personal Loans, Home Loans, vehicle Loans (two wheeler), SME Business Loans and also General Insurance. Navi AMC was started in December 2018 with a mission to make financial services hassle-free, affordable and simply accessible. It leverages a technology-driven and customer-centric approach to establish products in the financial services space. In January 2021, Navi acquired Essel Finance Mutual Fund and renamed it to Navi. Currently the AMC handles assets worth Rs. 697.75 crores as of March 2022.

Funds	Rating	1 Yr Ret (%)	1 Yr Rank	Riskometer	Category	Expense Ratio (%)	Launch	Net Assets (Cr)
Navi Aggressive Hybrid Fund - Direct Plan	3	22.90	37/44	Very High	HY-AH	0.42	30/04/2018	104.00
Navi Conservative Hybrid Fund - Direct Plan	3	10.86	24/31	Moderate	HY-CH	0.33	01/01/2013	34.00
Navi ELSS Tax Saver Fund - Direct Plan	--	26.86	--	Very High	EQ-ELSS	0.37	30/12/2015	62.00
Navi ELSS Tax Saver Nifty 50 Index Fund - Direct Plan	--	22.67	35/37	Very High	EQ-ELSS	0.10	20/03/2023	50.00
Navi Flexi Cap Fund - Direct Plan	3	24.97	69/75	Very High	EQ-FLX	0.42	09/07/2018	251.00
Navi Large & Midcap Fund - Direct Plan	2	24.21	27/27	Very High	EQ-L&MC	0.34	07/12/2015	282.00
Navi Liquid Fund - Direct Plan	1	6.90	35/35	Low to Moderate	DT-LIQ	0.15	01/01/2013	92.00
Navi NASDAQ 100 FoF - Direct Plan	--	32.24	7/58	Very High	EQ-INTL	0.12	23/03/2022	890.00
Navi Nifty 50 ETF	--	--	--	Very High	EQ-LC	0.05	18/09/2023	7.00
Navi Nifty 50 Index Fund - Direct Plan	--	22.82	71/93	Very High	EQ-LC	0.06	15/07/2021	1,847
Navi Nifty Bank Index Fund - Direct Plan	--	11.65	19/19	Very High	EQ-BANK	0.10	04/02/2022	537.00
Navi Nifty India Manufacturing Index Fund - Direct Plan	--	56.11	12/49	Very High	EQ-THEMATIC	0.12	26/08/2022	30.00
Navi Nifty IT Index Fund - Direct Plan	--	--	--	Very High	EQ-IT	0.22	26/03/2024	7.00
Navi Nifty Midcap 150 Index Fund - Direct Plan	--	50.75	16/39	Very High	EQ-MC	0.10	11/03/2022	138.00
Navi Nifty Next 50 Index Fund - Direct Plan	--	57.63	18/93	Very High	EQ-LC	0.11	19/01/2022	289.00
Navi Overnight Fund - Direct Plan	--	--	--	Low	DT-OVERNHT	0.05	17/07/2023	11.00
Navi S&P BSE Sensex Index Fund - Direct Plan	--	--	--	Very High	EQ-LC	0.14	04/09/2023	9.00
Navi US Total Stock Market FoF - Direct Plan	--	26.61	19/58	Very High	EQ-INTL	0.06	24/02/2022	858.00

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Key Information

Mutual Fund Name	Navi Mutual Fund
Inception Date	Dec 04, 2009
Trustee Organisation	Navi Trustee Ltd.
MD and CEO	Rajiv Naresh
AUM Updated On	Dec 31, 2023

Documents required to invest

The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.

PROOF OF IDENTITY

- PAN Card (Mandatory)

- Voter ID Card

- Driving License

- Passport

- Aadhaar Card

- Any other valid identity card issued by Central or State Government

PROOF OF ADDRESS

- Voter ID Card

- Driving License

- Passport

- Ration Card

- Aadhaar Card

- Bank account statement or bank passbook

- Utility bills like electricity or gas bills

Customer Care Details

For any query regarding any schemes offered by Navi Mutual Fund, please contact at the following address:

Registered Address	7th Floor, Wing B, Prestige RMZ Startech, , No. 139, 2, Hosur Rd, Koramangala Industrial Layout, S.G. Palya., Bangalore – 560095. Branch Timing (9 am – 6 pm)
Call us at	+91 80 4511 3444 / 1800-103-8999
Email	mf@navi.com

Top Fund Managers

1. Mr. Saravana Kumar Mr. Saravana Kumar is currently the Chief Investment Officer (CIO) at Navi Mutual Fund since 2019. He manages an AuM of Rs. 500 Crore invested in 22 schemes like Navi Multi Cap Fund, Navi Equity Hybrid Fund, etc. Before joining Navi, Mr. Kumar was the CIO of LIC Mutual Fund. He has also worked with UTI Mutual Fund, SBI Mutual Fund, and ICICI Bank. Mr. Kumar holds a BE in Electronics and Communication degree from the Government College of Engineering and an MBA degree from IIM Bangalore. He is also a CAIIB from the Indian Institute of Bankers and has completed the Management Development Programme (MDP) on Financial Markets from Merrill Lynch. 2. Mr. Pradeep Sukte Mr. Pradeep Sukte is positioned as Dealer – Equity & Fund Manager of Navi Arbitrage Fund. Before working with Navi, he worked with Sahara Asset Management Co. Pvt. Ltd., IDFC Securities Limited, Quantum Securities Private Limited, UTI Securities Limited and HDFC Securities Limited. He is a B.Com graduate and has done CFA. 3. Mr. Girish Raj With a rich experience spanning over 17 years of experience, Mr. Girish Raj works as an analyst in Portfolio Management Services and Broking industry. He has previously worked as Equity Analyst with leading companies including Quest, Independent Research Private Limited (IRPL) and IFCI Financial Services Ltd (IFIN).