Navi Nasdaq100 US Specific Equity Passive FoF is an international equity fund from Navi Mutual Fund. This page covers the direct plan, growth option, the version with no distributor commission inside its expense ratio. A fund in this category invests mainly in shares listed outside India, usually through an overseas fund or exchange traded fund, so its return depends on those markets and on the rupee as well.
It manages ₹1,291 crore of investors' money and charges an expense ratio of 0.26 percent a year, deducted before the NAV is struck. Its direct plan has returned 23.9 percent over one year and 33.8 percent a year over three years; figures beyond a year are annualised, and past returns say nothing certain about future ones. The scheme is managed by Pranav Vasa. The riskometer places it at very high risk, where most equity funds sit.
Mutual fund gains are capital gains, taxed when you redeem, and the rate depends on what the scheme holds and how long you held the units. The rules below are those in force after the Finance Act of 2024 for redemptions from 23 July 2024, with the changes of April 2025 for gold, silver and international funds. Rupix is not a tax adviser; confirm the treatment for your own case.
Funds that invest mainly outside India, and funds of funds that hold other schemes, are taxed as non-equity funds from 1 April 2025: units held for more than twenty-four months are long-term and taxed at twelve and a half percent without indexation, and shorter holdings at your slab rate. Index funds and ETFs that track an Indian equity index are taxed as equity.
Reading the numbers, how to invest in a direct plan, and the terms used on this page
It is an international fund. A fund in this category invests mainly in shares listed outside India, usually through an overseas fund or exchange traded fund, so its return depends on those markets and on the rupee as well.
The direct plan charges 0.26 percent a year. The charge is taken out of the scheme's assets every day before the NAV is calculated, so every return figure shown is already net of it.
The scheme manages ₹1,291 crore across all its plans. Size is updated monthly by the fund house.
You can start with a SIP of ₹100 a month. The fund house may accept smaller top-ups once you hold units. Rupix does not take investments; buy direct from the fund house or through a platform that offers direct plans.
No. There is no charge for redeeming units, whenever you redeem them.
The scheme is managed by Pranav Vasa, as disclosed by the fund house. Managers change from time to time; the fund house's factsheet carries the current name.
The fund house's riskometer rates it very high. The riskometer is a SEBI-mandated label based on what the scheme holds; it describes how much the value can swing, not whether the fund will make money.
From the NAV every fund house reports to the Association of Mutual Funds in India after the market closes. The NAV history chart goes back to the scheme's launch. The headline figure is the most recent close Rupix has recorded.