HDFC Manufacturing Fund
HDFC Mutual Fund · Sectoral/Thematic · Direct plan, growth option
NAV (₹), 2 Oct 2026
11.7420
1-day change
-1.39%
1Y return
4.9%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 16 May 2024 to 1 Oct 2026
Returns vs Sectoral/Thematic median (253 schemes) and “Manufacturing” median (11)
| Period | Scheme | Category median | Manufacturing median |
|---|---|---|---|
| 1 month | -4.6% | -5.4% | -4.6% |
| 3 months | 0.7% | -2.8% | -0.6% |
| 6 months | 13.9% | 8.9% | 17.8% |
| Year to date | 3.8% | -2.0% | 11.1% |
| 1 year | 4.9% | 1.4% | 11.2% |
| 3 years (CAGR) | n/a | 13.0% | 18.9% |
| 5 years (CAGR) | n/a | 12.0% | 16.4% |
| 7 years (CAGR) | n/a | 17.0% | 20.1% |
| 10 years (CAGR) | n/a | 14.6% | 13.7% |
| Since first NAV (CAGR) | 6.5% | – | – |
“Manufacturing” is MFIC's grouping of Sectoral/Thematic schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.3% | 11.8% |
| 3Y rolling median | n/a | 17.5% |
| 3Y rolling worst | n/a | 3.0% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | 84% |
| 5Y rolling median | n/a | 15.6% |
| 5Y rolling worst | n/a | 1.8% |
| 5Y periods ahead of benchmark | n/a | 91% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 16.7% |
| Sharpe ratio | n/a | 0.42 |
| Sortino ratio | n/a | 0.63 |
| Beta | n/a | 0.96 |
| Alpha (ann.) | n/a | 3.7% |
| Upside capture | n/a | 106.94 |
| Downside capture | n/a | 95.17 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.5% | −23.1% |
| Maximum drawdown, last 10Y | n/a | −38.3% |
| Maximum drawdown, last 5Y | n/a | −22.3% |
| Current drawdown | −5.3% | −8.3% |
| Recovery time of worst fall | 432 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| FM 1 | Fund Manager of the scheme | 16 May 2024 |
| FM 2 | Fund Manager for Overseas Investments | 1 Sep 2026 |
| FM 3 | Fund Manager for investments in Gold/Silver instruments | n/a |
Objective: To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity and Equity related instruments of companies/entities in engaged in manufacturing theme#: 80%- 100% Equity and Equity related instruments of companies/entities other than above: 0% - 20% Units issued by InvITs: 0% - 10% Money market instruments, Other liquid instruments and Units of Mutual Fund^^: 0% - 20% Gold and Silver instruments: 0% - 20% # refer investment strategy for indicative list of companies/entities engaged in the manufacturing theme. ^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treas…
Benchmark (tier 1): NIFTY India Manufacturing Index.
Exit load: In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 month from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 month from the date of allotment. In respect of Systematic Transactions such as SIP, Flex SIP, STP, Flex STP, Swing STP, Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.
Minimum application: Rs.100
Allotment date: 16 May 2024
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | n/a | 1.23% |
| AUM, whole scheme (₹ crore) | 10,280 | 1,272 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 7.4% | 5.5% TRI |
Official benchmark: Nifty India Manufacturing TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Sectoral/Thematic Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 3.8% | -7.8% | +11.6% |
| 2025 | 8.2% | 7.7% | +0.5% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,844 | 6.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HDFC Mutual Fund
Category: Sectoral/Thematic
Plan / option: Direct · Growth
AMFI scheme code: 152600
ISIN: INF179KC1II1
First NAV in MFIC data: 16 May 2024
History: 2.4 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| HDFC MNC Fund | Sectoral/Thematic | 0.98 | 6.7% |
| Axis India Manufacturing Fund | Sectoral/Thematic | 0.97 | n/a |
| Kotak Manufacture in India Fund | Sectoral/Thematic | 0.97 | 19.7% |
| Mahindra Manulife Manufacturing Fund | Sectoral/Thematic | 0.97 | n/a |
| Axis Business Cycles Fund | Sectoral/Thematic | 0.97 | 12.2% |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
Questions about HDFC Manufacturing Fund
- What is the latest NAV of HDFC Manufacturing Fund?
- The NAV of the Direct plan (growth option) was ₹11.7420 on 2 Oct 2026, as published by AMFI.
- Which category is HDFC Manufacturing Fund in?
- It is classified as Sectoral/Thematic in AMFI's daily NAV file; a Sectoral/Thematic scheme invests at least 80% in one sector or theme. MFIC compares it with 253 Sectoral/Thematic schemes (Direct plans).
- What was the largest fall in HDFC Manufacturing Fund's NAV?
- The largest peak-to-trough fall in its available history was 21.5%.
- How large is HDFC Manufacturing Fund?
- Assets under management of the whole scheme were ₹10,280 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Manufacturing Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages HDFC Manufacturing Fund?
- According to its Scheme Summary Document, HDFC Manufacturing Fund is managed by FM 1 (since 16 May 2024), FM 2 (since 1 Sep 2026), FM 3.
- What is the exit load of HDFC Manufacturing Fund?
- As stated in its scheme documents: In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 month from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 month from the date of allotment. In respect of Systematic Transactions such as SIP, Flex SIP, STP, Flex STP, Swing STP, Exit Load, if any, prevailing on the date of registration / enrolment shall be levied. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HDFC Manufacturing Fund?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 4.9% and the Regular plan's by 4.0%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.