Fundalysisby DARKHORSESTOCKS

Scheme

Navi ELSS Tax Saver Nifty 50 Index Fund

Holds 50 companies worth ₹145 Cr in Sept 2026.

  • Fund house

    NaviThe fund house that runs this scheme.

  • AUM

    ₹145 CrNavi ELSS Tax Saver Nifty 50 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.3% on Aug 2026, ₹154 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 10.4% of this scheme's NAV.

  • Fund manager

    Ashutosh ShirwaikarRuns it since 14 Feb 2025, as the fund house dates it.

Overview(10 Jul 2025)

Fund managers1

  1. Ashutosh ShirwaikarFund manager, equity · Feb 2025

    Key facts

    Benchmark
    NIFTY 50 TRI INDEX
    Risk
    VERY HIGH
    Exit load
    Nil
    Started
    20 Mar 2023
    Minimum
    ₹500

    Source.Its Scheme Summary Document as of 10 Jul 2025 at AMFI.

    What changed(0 changes)

    Nothing has changed in its documents since Jul 2025.

    Source.Its filings at NSE, since Jul 2025.

    Fund managers over time(Feb 2025 – now)

    1. Ashutosh Shirwaikar
    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Objective and risk(10 Jul 2025)

    Objective

    The investment objective of the scheme is to achieve return equivalent to Navi ELSS Tax Saver Nifty 50 Index by investing in stocks of companies comprising Nifty India Manufacturing Index, subject to tracking error.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    Open Ended
    Benchmark
    NIFTY 50 TRI INDEX

    Asset allocation it may hold% of NAV

    1. covered by Nifty50 Index
      Allowed95–100%
    2. Debt & Money Market Instruments–
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(10 Jul 2025)

    Buying

    To start
    ₹500, then in multiples of ₹500
    To add
    ₹500, then in multiples of ₹500
    Most
    ₹99,99,99,99,99,99,999

    Selling and switching

    Switch minimum
    ₹500
    Switch most
    ₹99,99,99,99,99,99,999 or 999999999999999 units

    Scheme details(10 Jul 2025)

    What it is

    Category
    INDEX
    Offer
    14 Feb 2023 to 15 Mar 2023
    Started
    20 Mar 2023
    Reopened
    27 Mar 2023
    Matures
    NIL
    Plans
    Regular & Direct
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HDFC Bank
    Auditor
    MP CHITALE & CO
    Registrar
    CAMS
    SEBI code
    NAVI/O/E/ELS/23/02/0020