OtherIndex FundsDirect · Growth
Navi Nifty midsmallcap 400 Index Fund- Direct - Growth
Navi · Scheme 154027
₹10.35▲ 0.12%NAV · 2026-09-30
Decent FundScore
AUM
₹14 cr
Expense ratio
0.49%
3Y CAGR
—
Risk level
High
Min SIP
₹100
Benchmark
Underlying index
Fund manager: Ashutosh ShirwaikarExit load: Nil
Decent · 62/100
A solid option with a few areas worth a closer look.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 14%.
- ✓Low cost — 0.49% expense ratio means more of the return stays with you.
- ✓Max drawdown: -14%
- ✓Direct plan: no distributor commission
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe -0.03) — took on risk without enough payoff.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sharpe ratio: -0.03
- •Sortino ratio: -0.04
FundScore breakdown
62/100 · Decent
Returns
Average
Consistency
Average
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.