Investment Objective and Approach

The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. The broad investment objective is to provide long-term capital appreciation by investing at least 80% of its net assets in equity and equity-related instruments of manufacturing companies. Up to 20% may be invested in companies other than such companies.

The HDFC Manufacturing Fund is a thematic fund that primarily invests in companies engaged in manufacturing activities. The fund emphasises a core portfolio comprising at least 80 per cent investment in stocks representing diverse sectors under the manufacturing theme. The investment approach is flexible, allowing investments across market capitalizations within the manufacturing sector.

Key investment features:

- The fund holds a well-diversified equity portfolio of 70 to 85 stocks, with currently 86 stocks as per the July 2025 portfolio. The fund has exposure to a range of sectors. The top three sectors are auto & ancillaries, healthcare, and capital goods.

- The top 10 stocks comprise 33.5% of the fund's portfolio and include names such as Maruti (5.1%), Tata Motors (4.5%), Mahindra & Mahindra (3.8%), etc.

- The fund benchmarks its performance against the Nifty India Manufacturing - Total Return Index (TRI).

Fund Managers

The HDFC Manufacturing Fund is managed by a team of experienced fund managers:

Mr. Rakesh Sethia: The scheme will be managed by Rakesh Sethia, who has over 19 years of experience in equity research. Mr. Sethia has done CFA, FRM, MBA and BBM. Prior to joining HDFC Mutual Fund, he has worked with HSBC Securities & Capital Markets India Ltd and Morgan Stanley India Co. Pvt Ltd.

Mr. Dhruv Muchhal: Mr. Dhruv has done B.Com, CA and CFA. Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells.

Dhruv Muchhal, Rakesh Sethia are the current fund managers of this mutual fund with an extensive experience of 15 years while managing equity & related investments.

About the Fund House (AMC)

HDFC Asset Management Company Ltd. is one of India's leading mutual fund houses. HDFC Mutual Fund is the leading mutual fund investment company in India. Explore and invest in wide range of mutual funds with us. HDFC Asset Management Company Ltd. received approval to act as an AMC from SEBI back on 30 June 2000 under the registration number MF/044/00/6.

Key highlights of HDFC AMC:

- HDFC Asset Management Co Ltd AUM ₹ 7,71,687.84 Cr as one of India's top fund houses

- The company serviced more than 75000 empanelled distribution partners through 210 branches spread across more than 200 cities in India.

- It also offers portfolio management/non-binding investment advisory services since 18 September 2016 under the registration code PM /INP000000506 from SEBI.

The AMC has established itself as a trusted name in the mutual fund industry with consistent track record across various fund categories and experienced fund management team.

Should I Invest in HDFC Manufacturing Fund?

HDFC Manufacturing Fund is suitable for investors who:

- Seek long-term capital appreciation through exposure to India's manufacturing sector

- Have a high-risk appetite as the Scheme being sectoral in nature carries higher risks versus diversified equity mutual funds on account of concentration and sector specific risks

- Want to participate in India's manufacturing growth story driven by government initiatives like Make in India

- Have an investment horizon of at least 5-7 years

Key considerations:

- The HDFC Manufacturing Fund Direct Growth is rated Very High risk.

- "India's manufacturing sector stands on the cusp of an Amrit Kaal, a golden era, fuelled by various factors such as growing consumption, investments, and exports, coupled with changing geopolitical dynamics and the government's push for self-reliance through reforms and incentives. The fund seeks to capitalise on these tailwinds, offering investors an opportunity to participate in the country's transformation into a global manufacturing powerhouse."

Fund performance data as of August 2025:

- It has an AUM of ₹11,818.50 Crores and the latest NAV decalared is ₹10.801 as on 14 Aug 2025

- The expense ratio of this fund is 1.68%. (Regular plan)

- The expense ratio of HDFC Manufacturing Fund is 0.54%. (Direct plan)

- The minimum investment required to start investing in HDFC Manufacturing Fund - Direct Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

FAQs

What is today's NAV of HDFC Manufacturing Fund?

The latest NAV declared is ₹10.801 as on 14 Aug 2025 for the Direct plan. NAV changes daily based on market movements.

What is the AUM of HDFC Manufacturing Fund?

The fund has an AUM of ₹11,818.50 Crores as on 14 Aug 2025. This reflects the total value of assets managed by the fund.

What is the expense ratio of HDFC Manufacturing Fund?

The expense ratio varies by plan type - 0.54% for Direct plan and 1.68% for Regular plan as the latest available data.

What are the returns of HDFC Manufacturing Fund since inception?

The scheme return performance since launch is 6.84% as the fund was launched in May 2024, providing limited track record for evaluation.

What is the minimum SIP amount to invest in HDFC Manufacturing Fund?

The minimum SIP amount is ₹100 making it accessible for small investors to start systematic investments.

How do I invest in HDFC Manufacturing Fund?

You can invest in HDFC Manufacturing Fund through Allvest platform for direct plans, HDFC Mutual Fund website, or through registered distributors for seamless investment experience.

How to start a SIP in HDFC Manufacturing Fund?

Start SIP in HDFC Manufacturing Fund through Allvest with minimum ₹100 monthly investment. Complete KYC, choose investment amount and frequency for automated investing.

How do I automate an SIP in HDFC Manufacturing Fund?

Set up auto-debit from your bank account through Allvest platform or fund house website. Provide bank mandate for seamless monthly deductions and systematic wealth building.

How can I withdraw/redeem my investment in HDFC Manufacturing Fund?

Units of the scheme can be redeemed/switched out on any Business day at NAV based prices. Submit redemption request through Allvest or fund house with Exit load of 1% payable if redeemed within 1 month.