Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by creating a portfolio that is invested predominantly in equity and equity related securities of companies engaged in manufacturing theme. The fund focuses specifically on companies operating within India's manufacturing sector, capitalizing on the government's initiatives like "Make in India" and the growing industrial base.

Key aspects of the fund's approach:

- Primary Focus: Manufacturing sector companies across various market capitalizations

- Investment Universe: Equity and equity-related securities of manufacturing companies

- Strategy: Long-term wealth creation through exposure to India's manufacturing growth story

- Risk Profile: Very High Risk category suitable for aggressive investors

- Benchmark: NIFTY 500 TRI with NIFTY 50 TRI serving as an addition

Fund Managers

The fund is currently managed by experienced professionals:

Primary Fund Managers: Mittul Kalawadia, Anish Tawakley are the current fund managers responsible for the portfolio management and investment decisions.

Additional management team includes experienced professionals like Sharmila D'mello and Lalit Kumar who contribute to the fund's research and investment process.

About the Fund House (AMC)

ICICI Prudential Asset Management Company Limited stands as one of India's leading mutual fund houses with a strong heritage and robust track record.

Company Background

- Establishment: ICICI Prudential Mutual Fund was started as a joint venture between ICICI Bank and Prudential Plc of the United Kingdom (UK) in 1993

- Joint Venture Structure: The AMC is a joint venture between ICICI Bank, a well-known and trusted name in financial services in India and Prudential Plc, a leading pan-Asia & Africa focused group

- Regulatory Compliance: ICICI Prudential Mutual Fund commenced operations after registering with SEBI, Securities and Exchange Board of India which is the capital market regulator in India

Scale and Presence

- Assets Under Management: At the end of January 2024, it had an AUM of over Rs. 6,90,000 crore from more than 97 lakh investors

- Product Range: The AMC offers over 120 mutual fund schemes across equity, debt, and hybrid schemes

- Market Position: ICICI Prudential Mutual Fund is India's one of most reputed mutual fund companies. In terms of assets under management (AUM), it is one of the top 3 Asset Management Companies (AMC) in the country

Investment Philosophy

The AMC is focused on bridging the gap between savings & investments and creating long term wealth for investors through a range of simple and relevant investment solutions.

Should I Invest in ICICI Prudential Manufacturing Fund?

Suitable For

- Long-term investors seeking exposure to India's manufacturing sector growth

- High-risk tolerance investors comfortable with equity market volatility

- Thematic investment enthusiasts wanting focused sector exposure

- Investors bullish on Make in India initiatives and industrial growth

Key Performance Highlights

- 5-Year Returns: Over the past five years, ICICI Prudential Manufacturing Fund has delivered an annualised return of 27.32% as of 22-Aug-2025

- Since Inception Returns: 279.58% since scheme launch (Direct Growth Plan)

- Fund Size: It has an AUM of ₹6,602.43 Crores as of August 2025

Investment Minimums

- SIP Amount: ₹100 for the SIP (Systematic Investment Plan) option

- Lump Sum: ₹5,000 for the lump sum option

Risk Considerations

- Sector Concentration Risk: High exposure to manufacturing sector makes it vulnerable to sector-specific challenges

- Market Risk: The ICICI Prudential Manufacturing Fund Direct Growth is rated Very High risk

- Exit Load: Exit load of 1% if redeemed within 1 year

The fund is suitable for investors with long-term investment horizon who believe in India's manufacturing potential and can withstand sector-specific volatility.

FAQs

What is today's NAV of ICICI Prudential Manufacturing Fund?

The NAV varies daily based on market movements. You can check the current NAV on Allvest or the official ICICI Prudential website for real-time updates.

What is the AUM of ICICI Prudential Manufacturing Fund?

The fund has an AUM of ₹6,602.43 Crores as of August 2025, indicating substantial investor interest in the manufacturing theme.

What is the expense ratio of ICICI Prudential Manufacturing Fund?

The expense ratio of ICICI Pru Manufacturing Fund Plan is 0.73 as of 8th August 2025 for the direct plan, which is competitive for thematic funds.

What are the returns of ICICI Prudential Manufacturing Fund since inception?

The fund has delivered 279.58% returns since scheme launch, demonstrating strong long-term performance in the manufacturing sector.

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

The minimum SIP amount is ₹100, making it accessible for retail investors to start systematic investing.

How do I invest in ICICI Prudential Manufacturing Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options.

How to start a SIP in ICICI Prudential Manufacturing Fund?

Log into your Allvest account, search for the fund, select "Start SIP," choose your investment amount and frequency, then set up auto-debit instructions.

How do I automate an SIP in ICICI Prudential Manufacturing Fund?

After setting up your SIP on Allvest, enable auto-debit through bank mandate or UPI to automate monthly investments without manual intervention.

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

You can redeem through Allvest platform by placing a redemption request. Note that exit load of 1% applies if redeemed within 1 year.