India, Sept 01: Navi AMC announced the launch of the Navi Nifty REITs & Realty Index Fund, an open-ended index fund that seeks to replicate and track the Nifty REITs & Realty Index. The index represents the combined universe of listed Real Estate Investment Trusts (REITs) and real estate development companies, offering investors diversified exposure across the entire listed real estate value chain. The New Fund Offer (NFO) opens on 1st September 2026 and closes on 10th September 2026.
Fund & Index Overview
The Scheme will replicate the Nifty REITs & Realty Total Return Index, a free-float market capitalization-weighted index comprising up to 15 constituents drawn from publicly listed REITs and Realty sector stocks, subject to a minimum REIT weight of 60% and an individual security cap of 15%. The index is maintained and rebalanced quarterly as per the methodology prescribed by NSE Indices.
Objective of the Fund
The investment objective of the scheme is to achieve a return equivalent to Nifty REITs & Realty Index by investing in the stocks of companies which comprise the Nifty REITs & Realty Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be realised.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.