Navi Mutual Fund
Navi AMC (formerly Essel mutual fund) is founded by Sachin Bansal (co-founder and ex-Chairman of Flipkart) and Ankit Agarwal (ex-banker with Deutsche Bank and Bank of America). The AMC's sponsor is Anmol Como Broking Private Limited and it is registered with the Securities & Exchange Board of India (SEBI) under the same name. The investment manager of Navi Mutual Funds is Navi AMC Limited and the trustee to Navi AMC Limited is Navi Trustee Limited. Not only confined to Navi AMC, Navi also offers a plethora of financial services and products including Personal Loans, Home Loans, vehicle Loans (two wheeler), SME Business Loans and also General Insurance.
Navi AMC was started in December 2018 with a mission to make financial services hassle-free, affordable and simply accessible. It leverages a technology-driven and customer-centric approach to establish products in the financial services space. In January 2021, Navi acquired Essel Finance Mutual Fund and renamed it to Navi.
Key Information
- Mutual Fund Name
- Navi Mutual Fund
- AMC Setup Date
- Navi was setup in December 2018 but acquired Essel mutual fund in Jan 2021
- AMC
- Navi Mutual Fund
- AMC Incorporatin Date
- 2009-12-04T00:00
- Sponsor Name
- Anmol Como Broking Private Limited
- Trustee Organization
- Navi Trustee Ltd.
- Name of Trustees
- Compliance Officer
- Mr. Mayuresh Vasant Sonavane
- Total AUM (as of end of last quarter)
- 9134.062504