Navi AMC has launched India's first Navi Nifty MidSmallcap 400 Index Fund, aiming to track the Nifty MidSmallcap 400 Index, which combines mid and small-cap stocks. The New Fund Offer (NFO) is open from November 24 to December 5, allowing investments starting from ₹100, providing a structured way for investors to access a broad spectrum of mid- and small-cap companies.