Navi Mutual Fund (Navi MF) has launched Navi Nifty Smallcap250 Momentum High quality 100 Index Fund, an open-ended fund that can replicate and observe the Nifty Smallcap250 Momentum High quality 100 Index.
The brand new fund provide (NFO) — opened on February 25, 2025 — concludes on March 10, 2025.
Protecting the highest 100 constituents of the Nifty Smallcap 250 Index, the fund combines the expansion potential of small-cap shares with the facility of issue investing.
The momentum rating for every firm is decided based mostly on its 6-month and 12-month worth return, adjusted for volatility. The standard rating for every firm is decided based mostly on return on fairness (ROE), monetary leverage (Debt/Fairness Ratio) and earnings (EPS) development variability analysed in the course of the earlier 5 years.
With a complete expense ratio (TER) of 0.35 per cent (direct plan), the index fund offers traders with a low-cost entry to smallcap shares. They’ll put money into the brand new fund ranging from ₹100.
Navi Mutual Fund presents a big selection of funding choices from a spread of low-cost index funds and ELSS funds amongst different choices. Navi AMC Ltd, the funding supervisor to Navi Mutual Fund, has its registered workplace in Bengaluru. As well as, Navi additionally presents varied monetary providers and merchandise, together with UPI, money loans, housing loans, and normal insurance coverage
