JioBlackRock Nifty 50 Index Fund vs Navi Nifty 50 Index Fund
JioBlackRock Nifty 50 Index Fund and Navi Nifty 50 Index Fund are both Nifty 50 Index Funds & ETFs. As of 4 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +8.64%, 5-year CAGR — vs +7.13%, volatility 15.71% vs 13.84%, maximum drawdown −15.12% vs −16.59%. Their portfolios overlap by 100% (50 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | Navi Mutual Fund |
| Compared as | Nifty 50 Index Funds & ETFs | Nifty 50 Index Funds & ETFs |
| NAV | ₹9.7259 | ₹15.8397 |
| NAV date | 4 Nov 2026 | 4 Nov 2026 |
| Launched (first NAV) | 22 Aug 2025 | 16 Jul 2021 |
| Track record | 1.2 yrs | 5.3 yrs |
| Fund size (AUM) | ₹529 Cr | ₹3,900 Cr |
| Securities held | 50 | 50 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| 1 month | +6.26% | +6.27% |
| 3 months | −2.62% | −2.59% |
| 6 months | −0.74% | −0.72% |
| 1 year | −5.50% | −5.51% |
| 3 years (CAGR) | — | +8.64% |
| 5 years (CAGR) | — | +7.13% |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | −2.27% | +9.09% |
| SIP return (XIRR, 5 years) ⓘ | — | +6.46% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| 2026 (year to date) | −7.42% | −7.46% |
| 2025 | — | +11.73% |
| 2024 | — | +9.80% |
| 2023 | — | +21.09% |
| 2022 | — | +5.43% |
Risk
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.71% | 13.84% |
| Downside volatility ⓘ | 12.83% | 10.20% |
| Sharpe ratio ⓘ | -0.56 | 0.16 |
| Sortino ratio ⓘ | -0.68 | 0.21 |
| Maximum drawdown ⓘ | −15.12% | −16.59% |
| Recovery from that fall | — | 5 months |
| Current fall from peak | −8.12% | −8.16% |
| Rolling 1-year return: worst | −11.84% | −11.83% |
| Rolling 1-year return: median | −7.10% | +8.72% |
| Rolling 1-year return: best | −0.42% | +34.19% |
| Share of 1-year periods with a loss | 100.00% | 17.28% |
Against each fund's benchmark
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Beta ⓘ | 0.95 | 0.93 |
| Alpha (Jensen's, annualised) ⓘ | −0.34% | −0.76% |
| R² ⓘ | 96.08 | 97.32 |
| Upside capture | 91.67% | 89.69% |
| Downside capture | 92.22% | 89.68% |
| Tracking error | 3.24% | 2.51% |
| Information ratio | 0.06 | -0.36 |
| Treynor ratio | -11.10 | 1.14 |
Portfolio
Asset mix
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Equity | 100.27% | 100.06% |
| Cash & equivalents | -0.25% | -0.06% |
Market-cap split (share of fund assets)
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Large Cap | 98.87% | 98.68% |
| Mid Cap | 1.38% | 1.38% |
| Small Cap | 0.00% | 0.00% |
| Unclassified | 0.00% | 0.00% |
Concentration
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Top 10 holdings | 52.41% | 52.32% |
| Effective number of stocks ⓘ | 24.3 | 24.4 |
| Securities held | 50 | 50 |
Portfolio overlap: 100%
50 companies are held by both funds; by weight, 100% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | JioBlackRock Nifty 50 Index | Navi Nifty 50 Index |
|---|---|---|
| HDFC Bank Limited | 10.40% | 10.38% |
| ICICI Bank Limited | 9.07% | 9.05% |
| Reliance Industries Limited | 7.60% | 7.59% |
| Bharti Airtel Limited | 5.12% | 5.11% |
| Larsen & Toubro Limited | 4.22% | 4.21% |
| State Bank of India | 3.80% | 3.79% |
| Axis Bank Limited | 3.38% | 3.37% |
| Infosys Limited | 3.36% | 3.36% |
| Kotak Mahindra Bank Limited | 2.94% | 2.94% |
| Mahindra & Mahindra Limited | 2.52% | 2.52% |
| Bajaj Finance Limited | 2.51% | 2.50% |
| ITC Limited | 2.43% | 2.42% |
| Eternal Limited | 2.22% | 2.22% |
| Tata Consultancy Services Limited | 2.01% | 2.00% |
| Sun Pharmaceutical Industries Limited | 1.84% | 1.84% |
Top 10 holdings
JioBlackRock Nifty 50 Index
- HDFC Bank Limited10.40%
- ICICI Bank Limited9.07%
- Reliance Industries Limited7.60%
- Bharti Airtel Limited5.12%
- Larsen & Toubro Limited4.22%
- State Bank of India3.80%
- Axis Bank Limited3.38%
- Infosys Limited3.36%
- Kotak Mahindra Bank Limited2.94%
- Mahindra & Mahindra Limited2.52%
Navi Nifty 50 Index
- HDFC Bank Limited10.38%
- ICICI Bank Limited9.05%
- Reliance Industries Limited7.59%
- Bharti Airtel Limited5.11%
- Larsen & Toubro Limited4.21%
- State Bank of India3.79%
- Axis Bank Limited3.37%
- Infosys Limited3.36%
- Kotak Mahindra Bank Limited2.94%
- Mahindra & Mahindra Limited2.52%
Sector exposure
| JioBlackRock Nifty 50 Index | Navi Nifty 50 Index | |
|---|---|---|
| Banks | 29.59% | 29.53% |
| Petroleum Products | 7.60% | 7.59% |
| IT - Software | 7.54% | 7.53% |
| Automobiles | 6.66% | 6.65% |
| Finance | 5.47% | 5.46% |
| Telecom - Services | 5.12% | 5.11% |
| Construction | 4.22% | 4.21% |
| Diversified FMCG | 4.02% | 4.01% |
| Pharmaceuticals & Biotechnology | 3.29% | 3.28% |
| Retailing | 3.06% | 3.05% |
| Consumer Durables | 2.86% | 2.85% |
| Ferrous Metals | 2.62% | 2.61% |
| Power | 2.60% | 2.60% |
| Cement & Cement Products | 2.35% | 2.34% |
Questions people ask
What is the difference between JioBlackRock Nifty 50 Index and Navi Nifty 50 Index returns?
As of 4 Nov 2026, Direct plan Growth option: 1-year return −5.50% vs −5.51%; 3-year CAGR — vs +8.64%; 5-year CAGR — vs +7.13%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do JioBlackRock Nifty 50 Index and Navi Nifty 50 Index compare on risk?
Volatility (36 monthly returns, annualised) 15.71% vs 13.84%; Sharpe ratio -0.56 vs 0.16; Sortino ratio -0.68 vs 0.21; maximum drawdown −15.12% vs −16.59%; beta 0.95 vs 0.93.
How much do JioBlackRock Nifty 50 Index and Navi Nifty 50 Index overlap?
By weight, 100% of the two portfolios is invested in the same companies; 50 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, Reliance Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of JioBlackRock Nifty 50 Index and Navi Nifty 50 Index?
JioBlackRock Nifty 50 Index: large cap 98.9%, mid cap 1.4%, small cap 0.0%. Navi Nifty 50 Index: large cap 98.7%, mid cap 1.4%, small cap 0.0% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Navi Nifty 50 Index vs
All Nifty 50 Index Funds & ETFs comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 4 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.