Navi Mutual Fund launches Navi Nifty Midsmallcap 400 Index Fund

by News Team | Mutual Fund

NFO period: 24th Nov - 05th Dec, 2025

Highlights of the NFO:

  • Scheme type - An open ended scheme replicating/ tracking Nifty MidSmallcap 400 Index

  • Investment objective - The investment objective of the scheme is to achieve a return equivalent to Nifty MidSmallcap 400 Index by investing in the stocks of companies which comprise the Nifty MidSmallcap 400 Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking capital appreciation over long time. Equity and equity related securities covered by Nifty MidSmallcap 400 Index. Return that corresponds to the performance of Nifty MidSmallcap 400 subject to the tracking error.

  • Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter.

  • Plan/ Options available - Regular plan & Direct plan having Growth Option only

  • Fund Managers - Mr. Ashutosh Shirwaikar

  • Benchmark - Nifty MidSmallcap 400 Index Fund (Total Return Index)

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)