HDFC Manufacturing Fund
NAV
₹11.95
as of 6 Oct 2026
HDFC Manufacturing Fund is an open-ended Sectoral/ Thematic scheme from HDFC Mutual Fund managing ₹10,752 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹11.95 as of 6 Oct 2026. The expense ratio is 0.93% a year. Managed by Dhruv Muchhal. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.93% / yr
- as of 31 Aug 2026
- Fund size
- ₹10,752 crore
- as of 31 Aug 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 5 Oct 2026Benchmark: Nifty India Manufacturing TRI
HDFC Manufacturing Fund
₹116
+16% on ₹100 over 2.4 yrs
Sectoral/ Thematic average
₹129
+29% on ₹100 over 2.4 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 0.14% | – | – |
| 6 months | 8.96% | – | – |
| 1 year | 4.79% | – | – |
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%
18 windows over the last 29 months, stepped monthly; 78% 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
-5.0% below peak
Where the money actually is
Equity
98.7%
Cash
1.3%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
94 positions · top 10 = 33.5%
Market-cap mix
Large 51.9%Mid 16.9%Small 29.0%Other 2.2%
as of 31 Aug 2026
Holdings by sector
Consumer Cyclical(4 in top 10)27.9%
- Mahindra & Mahindra Ltd3.72%
- Maruti Suzuki India Ltd3.60%
- Tata Motors Ltd3.07%
- Bajaj Auto Ltd2.37%
Industrials(3 in top 10)23.3%
- Bharat Electronics Ltd2.47%
- Hindustan Aeronautics Ltd Ordinary Shares2.34%
- Cummins India Ltd2.11%
Healthcare(1 in top 10)17.0%
- Divi's Laboratories Ltd5.94%
Basic Materials(1 in top 10)12.8%
- JSW Steel Ltd3.28%
Energy(1 in top 10)9.4%
- Reliance Industries Ltd4.63%
- Technology5.5%
- Utilities1.4%
- Consumer Defensive1.3%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 27.1% a year.
The businesses it owns
- P/E (trailing)
- 30.7
- P/B
- 3.9
- Dividend yield
- 1.1%
- Net margin
- 11.9%
- Earnings growth
- 10.0%
- Avg market cap
- ₹85,466 crore
Money in, money out
- Net flow, 12 months
- −₹2,121 cr
- Net flow, 3 months
- −₹306 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of HDFC Manufacturing Fund?
- ₹11.95 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of HDFC Manufacturing Fund?
- 0.93% a year for the Direct plan, as of 31 Aug 2026.
- How large is HDFC Manufacturing Fund?
- ₹10,752 crore under management as of 31 Aug 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 2.3 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₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- HDFC Defence Fund₹11,478 crore
- ICICI Prudential Banking & Financial Services Fund₹11,331 crore
- SBI BANKING & FINANCIAL SERVICES FUND₹10,873 crore
- Tata Digital India Fund₹10,322 crore
- Nippon India Pharma Fund₹9,479 crore
- HDFC Banking & Financial Services Fund₹4,688 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.