NRI from all over the world (including U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.21
0.43%
NAV as on 10 Feb 26, 12:00 AM
very high risk
mid cap
equity
NAV as on 10 Feb 26, 12:00 AM
very high risk
mid cap
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
2.08%p.a.
Since Inception
About Navi Nifty MidSmallcap 400 Index Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Navi Nifty MidSmallcap 400 Index Fund - Growth scheme from Navi AMC Limited. It is a Mid Cap mutual fund scheme that predominantly invests in Mid Cap stocks of companies. Launched on Dec 2025, Navi Nifty MidSmallcap 400 Index Fund - Growth is Mid Cap fund of its category with 11.21 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Mid Cap funds.
- Navi Nifty MidSmallcap 400 Index Fund - Growth delivered 0.0% annual returns during the last year. It has delivered 2.1% average annual returns since the fund was launched.
- Navi Nifty MidSmallcap 400 Index Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The scheme seeks 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.
Top 10 Holdings
3M India Ltd
0.16%
ACC Ltd
0.18%
Aarti Industries Ltd
0.13%
Abbott India Ltd
0.26%
Trident Ltd
0.06%
Action Construction Equipment Ltd
0.07%
Aegis Logistics Ltd
0.15%
AFCONS INFRASTRUCTURE LIMITED EQ
0.10%
AIA Engineering Ltd
0.27%
Ajanta Pharma Ltd
0.20%
Fund Managers
- Ashutosh Shirwaikar (Nov 2025 - Present)
Key Information
View Scheme Document
Navi Nifty MidSmallcap 400 Index Fund - Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Navi Nifty MidSmallcap 400 Index Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Navi Nifty MidSmallcap 400 Index Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Navi Nifty MidSmallcap 400 Index Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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