Navi MF introduces Nifty Midsmallcap 400 Index Fund
Navi Mutual Fund has launched Navi Nifty Midsmallcap 400 Index Fund, an open-ended scheme replicating/ tracking Nifty MidSmallcap 400 Index. The NFO opens for subscription on November 24, 2025 and closes on December 05, 2025. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 100/-and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked against Nifty MidSmallcap 400 Index and its fund manager is Ashutosh Shirwaikar.
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.
