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 supply (NFO) — opened on February 25, 2025 — concludes on March 10, 2025.
Masking the highest 100 constituents of the Nifty Smallcap 250 Index, the fund combines the expansion potential of small-cap shares with the ability of issue investing.
The momentum rating for every firm is set based mostly on its 6-month and 12-month value return, adjusted for volatility. The standard rating for every firm is set based mostly on return on fairness (ROE), monetary leverage (Debt/Fairness Ratio) and earnings (EPS) progress 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 supplies traders with a low-cost entry to smallcap shares. They will put money into the brand new fund ranging from ₹100.
Navi Mutual Fund affords a wide 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 affords numerous monetary providers and merchandise, together with UPI, money loans, housing loans, and common insurance coverage
