Navi AMC, originally known as Essel Mutual Fund, was founded by Sachin Bansal, co-founder and former Chairman of Flipkart, and Ankit Agarwal, a former banker with Deutsche Bank and Bank of America. Sponsored by Anmol Como Broking Private Limited, the AMC is registered with SEBI under this name. Navi AMC Limited serves as the investment manager for Navi Mutual Funds, while Navi Trustee Limited acts as the trustee. Beyond asset management, Navi offers a wide range of financial products and services, including personal loans, home loans, two-wheeler loans, SME business loans, and general insurance. Launched in December 2018, Navi AMC aims to provide hassle-free, affordable, and accessible financial services. With a focus on leveraging technology and a customer-centric approach, Navi strives to simplify financial products for its users. In January 2021, Navi acquired Essel Finance Mutual Fund, rebranding it as Navi. As of March 2024, the AMC manages assets worth ₹4,944.32 crore.
Fund Name
Rating
1Y Return
3Y Return
Fund Size (in Cr)
Navi Large & Mid Cap Fund Direct Plan Growth
2
18.43%
14.18%
₹318.75 Cr
Navi Aggressive Hybrid Fund Direct Growth
2
15.53%
13.30%
₹135.28 Cr
Navi Flexi Cap Fund Direct Growth
3
12.63%
13.05%
₹266.14 Cr
Navi ELSS Tax Saver Fund Direct Growth
1
14.12%
12.46%
₹62.40 Cr
Navi Nifty 50 Index Fund Direct Growth
NA
10.20%
11.05%
₹2572.81 Cr
Navi Conservative Hybrid Fund Direct Plan Growth Option
3
11.26%
7.22%
₹35.76 Cr
Navi Liquid Fund Direct Plan Growth Option
NA
7.00%
6.34%
₹72.64 Cr
Navi NASDAQ 100 Fund of Fund Direct Growth
NA
34.25%
-
₹1018.74 Cr
Navi Nifty Midcap 150 Index Fund Direct Growth
NA
20.49%
-
₹217.97 Cr
Navi Nifty Next 50 Index Fund Direct Growth
NA
23.59%
-
₹1210.58 Cr
Navi BSE Sensex Index Fund Direct Growth
NA
9.66%
-
₹13.99 Cr
Navi Nifty Bank Index Fund Direct Growth
NA
4.93%
-
₹532.87 Cr
Navi Nifty IT Index Fund Direct Growth
NA
-
-
₹13.82 Cr
Navi Nifty 500 Multicap 50 25 25 Index Fund Direct Growth
NA
-
-
₹18.20 Cr
Navi US Total Stock Market Fund of Fund Direct Growth
NA
29.89%
-
₹1005.15 Cr
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
NA
10.15%
-
₹73.32 Cr
Navi Nifty India Manufacturing Index Fund Direct Growth
NA
25.49%
-
₹51.68 Cr
Mutual fund name
Navi Mutual Fund
Asset Management Company Name
Navi AMC Limited
AMC Setup Date
04-Dec-2009
AMC Incorporation Date
09-Apr-2009
Sponsor Name
Anmol Como Broking Private Limited, Navi MF Sponsor Private Limited
Trustee Organisation
Navi Trustee Limited
MD & CEO
Mr. Rajiv Naresh
Compliance Officer
Ms. Sweta Bharat Shah
To invest in navi mutual funds Mutual Funds through the Lemonn App, you can follow these general steps:
Step 1 : Download the Lemonn App
If you haven't already, download the Lemonn App from the Google Play Store or Apple App Store.
Step 2 : Sign up / Log in
Sign up by providing your phone number and completing the basic registration process.
If you already have an account, simply log in.
Step 3 : Complete KYC
Before investing, ensure your KYC (Know Your Customer) verification is complete. Most mutual fund apps will guide you through this. You’ll need PAN, Aadhaar, and other necessary details.
Step 4 : Search for navi mutual funds Mutual Funds
Once your KYC is done, search for the navi mutual funds Mutual Fund schemes you're interested in by using the search bar.
Step 5 : Choose a Scheme
You will see a list of various funds under navi mutual funds. Explore the options, check their performance, risk profile, and investment objectives.
Choose a scheme that aligns with your investment goals (e.g., equity, debt, hybrid funds).
Step 6 : Decide on the Investment Amount
You can either make a lump sum investment or set up a SIP (Systematic Investment Plan) to invest a fixed amount periodically.
Step 7 : Confirm the Investment
Enter the amount you wish to invest.
Review the details and confirm the payment method (Net Banking, UPI, etc.).
After making the payment, you will receive a confirmation of your investment.
Step 8 : Track Your Investment
You can track the performance of your navi mutual funds Mutual Funds on the Lemonn App dashboard. It will show NAV, returns, and other key details.
If you need any assistance, the Lemonn App usually has customer support or chat options to help. Keep an eye on expenses like entry/exit loads and expense ratios to optimize returns!
Mr. Saravana Kumar
Mr. Saravana Kumar is the Chief Investment Officer (CIO) at Navi Mutual Fund, a position he has held since 2019. He manages an AuM of Rs. 500 Crore across 22 schemes, including Navi Multi Cap Fund and Navi Equity Hybrid Fund, contributing significantly to the firm’s success in asset management. Before joining Navi, Mr. Kumar served as the CIO at LIC Mutual Fund. His extensive career includes roles at UTI Mutual Fund, SBI Mutual Fund, and ICICI Bank, where he gained a wealth of experience in investment management. Mr. Kumar holds a BE in Electronics and Communication from the Government College of Engineering and an MBA from IIM Bangalore. He is also a CAIIB from the Indian Institute of Bankers and has completed the Management Development Programme (MDP) in Financial Markets from Merrill Lynch, enhancing his financial expertise.
Mr. Pradeep Sukte
Mr. Pradeep Sukte is the Dealer - Equity and Fund Manager of Navi Arbitrage Fund. He brings extensive experience to his current role, having previously worked with several reputable firms including Sahara Asset Management Co. Pvt. Ltd., IDFC Securities Limited, Quantum Securities Private Limited, UTI Securities Limited, and HDFC Securities Limited. Mr. Sukte holds a B.Com degree and is a Chartered Financial Analyst (CFA), further strengthening his expertise in financial analysis and fund management. His background in equity trading and fund management helps drive the performance of Navi's arbitrage fund.
Mr. Girish Raj
Mr. Girish Raj has over 17 years of experience in the Portfolio Management Services and Broking industry. He has previously worked as an Equity Analyst with well-known companies such as Quest, Independent Research Private Limited (IRPL), and IFCI Financial Services Ltd (IFIN). His extensive background in equity analysis has equipped him with valuable insights into market trends, which he applies in his current role to support investment strategies and portfolio management.
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1.Should I invest in a Navi Mutual fund scheme?
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