Navi Mutual Fund (Navi MF) has recently introduced the Navi Nifty Smallcap250 Momentum Quality 100 Index Fund, an open-ended fund that will replicate and track the Nifty Smallcap250 Momentum Quality 100 Index. This new fund offer (NFO) started on February 25, 2025, and will end on March 10, 2025.
The fund encompasses the top 100 constituents of the Nifty Smallcap 250 Index, providing investors with a mix of growth potential from small-cap stocks and the benefits of factor investing. The momentum and quality scores for each company are calculated based on various factors like price return, volatility, ROE, debt/equity ratio, EPS growth variability, and more, over specific periods.
With a total expense ratio (TER) of 0.35 per cent for the direct plan, the index fund offers a cost-effective way for investors to access smallcap stocks. Interested individuals can start investing in the fund with just ₹100.
Navi Mutual Fund offers a diverse range of investment options, including low-cost index funds and ELSS funds, among others. Navi AMC Ltd, the investment manager for Navi Mutual Fund, is headquartered in Bengaluru. Apart from mutual funds, Navi also provides various financial services and products like UPI, cash loans, housing loans, and general insurance.
