HDFC Manufacturing Fund
NAV
₹12.33
as of 21 Aug 2026
HDFC Manufacturing Fund is an open-ended Sectoral/ Thematic scheme from HDFC Mutual Fund managing ₹10,590 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹12.33 as of 21 Aug 2026. The expense ratio is 0.87% a year. Managed by Dhruv Muchhal. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.87% / yr
- as of 30 Jun 2026
- Fund size
- ₹10,590 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 16 May 2024
- ISIN
- INF179KC1II1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty India Manufacturing TRI
HDFC Manufacturing Fund
₹122
+22% on ₹100 over 2.3 yrs
Sectoral/ Thematic average
₹134
+34% on ₹100 over 2.3 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 7.65% | – | – |
| 6 months | 8.94% | – | – |
| 1 year | 11.85% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -4.2%
- Median
- 6.6%
- Best
- 23.1%
16 windows over the last 27 months, stepped monthly; 75% ended positive. Worst window began 1 Aug 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Right now
-0.5% below peak
Where the money actually is
Equity
99.3%
Cash
0.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
91 positions · top 10 = 33.6%
Market-cap mix
Large 53.3%Mid 18.0%Small 27.6%Other 1.1%
as of 31 Jul 2026
Holdings by sector
Consumer Cyclical(4 in top 10)29.4%
- Mahindra & Mahindra Ltd3.91%
- Maruti Suzuki India Ltd3.84%
- Tata Motors Ltd2.89%
- Bajaj Auto Ltd2.38%
Industrials(3 in top 10)20.5%
- Hindustan Aeronautics Ltd Ordinary Shares2.41%
- Bharat Electronics Ltd2.34%
- Cummins India Ltd2.32%
Healthcare(1 in top 10)16.2%
- Divi's Laboratories Ltd5.13%
Basic Materials(1 in top 10)14.1%
- JSW Steel Ltd3.24%
Energy(1 in top 10)10.0%
- Reliance Industries Ltd5.09%
- Technology5.5%
- Consumer Defensive1.8%
- Utilities1.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 15.7% a year.
The businesses it owns
- P/E (trailing)
- 30.7
- P/B
- 3.8
- Dividend yield
- 1.2%
- Net margin
- 11.9%
- Earnings growth
- 8.6%
- Avg market cap
- ₹87,754 crore
Money in, money out
- Net flow, 12 months
- −₹2,175 cr
- Net flow, 3 months
- −₹334 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of HDFC Manufacturing Fund?
- ₹12.33 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of HDFC Manufacturing Fund?
- 0.87% a year for the Direct plan, as of 30 Jun 2026.
- How large is HDFC Manufacturing Fund?
- ₹10,590 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is HDFC Manufacturing Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages HDFC Manufacturing Fund?
- Dhruv Muchhal, managing this fund for 2.2 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- ICICI Prudential Technology Fund₹13,540 crore
- SBI BANKING & FINANCIAL SERVICES FUND₹10,872 crore
- HDFC Defence Fund₹10,709 crore
- Tata Digital India Fund₹10,214 crore
- Franklin India Opportunities Fund₹9,344 crore
- HDFC Banking & Financial Services Fund₹4,630 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty India Manufacturing TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.