Direct
NAV (18-Jun-25)
₹10.550.00%1D
Returns (Since Inception)
3.97%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹12,098 Cr
Expense Ratio
0.50%
ISIN
INF179KC1II1
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
16 May 2024
About this fund
This fund has been in existence for 1 years, 1 months and 3 days, having been launched on 16-May-24.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹10.55, Assets Under Management (AUM) of 12097.73 Crores, and an expense ratio of 0.5%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹10.55, Assets Under Management (AUM) of 12097.73 Crores, and an expense ratio of 0.5%.
- HDFC Manufacturing Fund Direct Growth has given a CAGR return of 3.97% since inception.
- The fund's asset allocation comprises around 99.78% in equities, 0.00% in debts, and 0.22% in cash & cash equivalents.
- You can start investing in HDFC Manufacturing Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
-2.65%
— (Cat Avg.)
Since Inception
+3.97%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹12,071.69 Cr | 99.78% |
| Others | ₹26.04 Cr | 0.22% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mahindra & Mahindra Ltd | Equity | ₹602.8 Cr | 4.98% |
| Tata Motors Ltd | Equity | ₹575.6 Cr | 4.76% |
| Maruti Suzuki India Ltd | Equity | ₹566.67 Cr | 4.68% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹553.61 Cr | 4.58% |
| Divi's Laboratories Ltd | Equity | ₹396.72 Cr | 3.28% |
| Cipla Ltd | Equity | ₹359.1 Cr | 2.97% |
| Reliance Industries Ltd | Equity | ₹333.91 Cr | 2.76% |
| JSW Steel Ltd | Equity | ₹317.92 Cr | 2.63% |
| Ambuja Cements Ltd | Equity | ₹309.96 Cr | 2.56% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹298.45 Cr | 2.47% |
| Larsen & Toubro Ltd | Equity | ₹294.01 Cr | 2.43% |
| Hindustan Petroleum Corp Ltd | Equity | ₹267.18 Cr | 2.21% |
| Gland Pharma Ltd | Equity | ₹264.04 Cr | 2.18% |
| Aurobindo Pharma Ltd | Equity | ₹263.99 Cr | 2.18% |
| Bharat Electronics Ltd | Equity | ₹261.53 Cr | 2.16% |
| Bharat Petroleum Corp Ltd | Equity | ₹241.98 Cr | 2.00% |
| Hindalco Industries Ltd | Equity | ₹231.23 Cr | 1.91% |
| Bosch Ltd | Equity | ₹229.33 Cr | 1.90% |
| Godrej Consumer Products Ltd | Equity | ₹221.65 Cr | 1.83% |
| Cummins India Ltd | Equity | ₹200.99 Cr | 1.66% |
| Tata Steel Ltd | Equity | ₹193.22 Cr | 1.60% |
| ACC Ltd | Equity | ₹188.38 Cr | 1.56% |
| Jindal Steel & Power Ltd | Equity | ₹185.93 Cr | 1.54% |
| NTPC Ltd | Equity | ₹183.65 Cr | 1.52% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹174.85 Cr | 1.45% |
| Bajaj Auto Ltd | Equity | ₹172.14 Cr | 1.42% |
| Dabur India Ltd | Equity | ₹156.96 Cr | 1.30% |
| Bharat Forge Ltd | Equity | ₹148.91 Cr | 1.23% |
| Eicher Motors Ltd | Equity | ₹138.67 Cr | 1.15% |
| Lupin Ltd | Equity | ₹138.46 Cr | 1.14% |
| Hero MotoCorp Ltd | Equity | ₹137.9 Cr | 1.14% |
| Escorts Kubota Ltd | Equity | ₹132.87 Cr | 1.10% |
| Indraprastha Gas Ltd | Equity | ₹128.13 Cr | 1.06% |
| Dalmia Bharat Ltd | Equity | ₹123.5 Cr | 1.02% |
| Siemens Ltd | Equity | ₹119.19 Cr | 0.99% |
| Pearl Global Industries Ltd | Equity | ₹117 Cr | 0.97% |
| Hyundai Motor India Ltd | Equity | ₹114.56 Cr | 0.95% |
| CIE Automotive India Ltd | Equity | ₹108.46 Cr | 0.90% |
| Timken India Ltd | Equity | ₹107.8 Cr | 0.89% |
| BEML Ltd | Equity | ₹106.87 Cr | 0.88% |
| Birla Corp Ltd | Equity | ₹106.52 Cr | 0.88% |
| Cyient DLM Ltd | Equity | ₹106.46 Cr | 0.88% |
| Pidilite Industries Ltd | Equity | ₹104.09 Cr | 0.86% |
| Siemens Engy Ind | Equity | ₹90.45 Cr | 0.75% |
| Craftsman Automation Ltd | Equity | ₹87.11 Cr | 0.72% |
| Balkrishna Industries Ltd | Equity | ₹86.53 Cr | 0.72% |
| Centum Electronics Ltd | Equity | ₹85.7 Cr | 0.71% |
| Techno Electric & Engineering Co Ltd | Equity | ₹84.59 Cr | 0.70% |
| Schaeffler India Ltd | Equity | ₹83.77 Cr | 0.69% |
| Sundaram Fasteners Ltd | Equity | ₹82.12 Cr | 0.68% |
| Bajaj Electricals Ltd | Equity | ₹80.34 Cr | 0.66% |
| CG Power & Industrial Solutions Ltd | Equity | ₹68.67 Cr | 0.57% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹66.96 Cr | 0.55% |
| Blue Dart Express Ltd | Equity | ₹63.57 Cr | 0.53% |
| Eris Lifesciences Ltd Registered Shs | Equity | ₹63.27 Cr | 0.52% |
| Wockhardt Ltd | Equity | ₹62.28 Cr | 0.51% |
| Ajanta Pharma Ltd | Equity | ₹60.38 Cr | 0.50% |
| Archean Chemical Industries Ltd | Equity | ₹60.06 Cr | 0.50% |
| Sharda Motor Industries Ltd | Equity | ₹59.42 Cr | 0.49% |
| Cohance Lifesciences Ltd | Equity | ₹58.72 Cr | 0.49% |
| Time Technoplast Ltd | Equity | ₹56.69 Cr | 0.47% |
| Godavari Biorefineries Ltd | Equity | ₹56.13 Cr | 0.46% |
| UltraTech Cement Ltd | Equity | ₹56.05 Cr | 0.46% |
| Torrent Pharmaceuticals Ltd | Equity | ₹50.8 Cr | 0.42% |
| Piramal Pharma Ltd | Equity | ₹49.51 Cr | 0.41% |
| Carborundum Universal Ltd | Equity | ₹47.06 Cr | 0.39% |
| Aegis Vopak Terminals Ltd | Equity | ₹45.96 Cr | 0.38% |
| Havells India Ltd | Equity | ₹45.81 Cr | 0.38% |
| KEI Industries Ltd | Equity | ₹45.13 Cr | 0.37% |
| GMM Pfaudler Ltd | Equity | ₹42.47 Cr | 0.35% |
| ABB India Ltd | Equity | ₹41.8 Cr | 0.35% |
| Net Current Assets | Cash | ₹-40.92 Cr | 0.34% |
| Power Mech Projects Ltd | Equity | ₹40.74 Cr | 0.34% |
| TD Power Systems Ltd | Equity | ₹39.07 Cr | 0.32% |
| West Coast Paper Mills Ltd | Equity | ₹38.71 Cr | 0.32% |
| Bansal Wire Industries Ltd | Equity | ₹34.21 Cr | 0.28% |
| TCI Express Ltd | Equity | ₹29.69 Cr | 0.25% |
| Sona BLW Precision Forgings Ltd | Equity | ₹29.22 Cr | 0.24% |
| Sanathan Textiles Ltd | Equity | ₹28.97 Cr | 0.24% |
| RHI Magnesita India Ltd | Equity | ₹27.66 Cr | 0.23% |
| Epigral Ltd | Equity | ₹23.14 Cr | 0.19% |
| Samvardhana Motherson International Ltd | Equity | ₹23.1 Cr | 0.19% |
| Cello World Ltd | Equity | ₹20.34 Cr | 0.17% |
| JNK India Ltd | Equity | ₹17.73 Cr | 0.15% |
| G R Infraprojects Ltd | Equity | ₹12.11 Cr | 0.10% |
| Grindwell Norton Ltd | Equity | ₹7.42 Cr | 0.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.84%
Mid Cap Stocks
17.00%
Small Cap Stocks
18.81%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Consumer Cyclical | ₹3,549.67 Cr | 29.34% |
| Healthcare | ₹2,495.73 Cr | 20.63% |
| Industrials | ₹2,135.2 Cr | 17.65% |
| Basic Materials | ₹2,029.06 Cr | 16.77% |
| Energy | ₹889.03 Cr | 7.35% |
| Consumer Defensive | ₹378.61 Cr | 3.13% |
| Utilities | ₹311.77 Cr | 2.58% |
| Technology | ₹192.16 Cr | 1.59% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
DM
Dhruv Muchhal
Since May 2024
RS
Rakesh Sethia
Since May 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF179KC1II1 | Expense Ratio | 0.50% | Exit Load | 1.00% | Fund Size | ₹12,098 Cr | Age | 1 year 1 month | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty India Manufacturing TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Nifty India Tourism ETF Very High Risk | - | - | - | - |
| Motilal Oswal Nifty India Manufacturing ETF Very High Risk | - | - | ₹5.27 Cr | - |
| Motilal Oswal Services Fund Direct Growth Very High Risk | - | 1.0% | - | - |
| Motilal Oswal Services Fund Regular Growth Very High Risk | - | 1.0% | - | - |
| ICICI Prudential Quality Fund Direct Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| ICICI Prudential Quality Fund Regular Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| Motilal Oswal Nifty Capital Market ETF Very High Risk | 0.3% | - | ₹4.63 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | 0.2% | - | ₹18.06 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹9.66 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹9.66 Cr | - |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of HDFC Manufacturing Fund Direct Growth?
The NAV of HDFC Manufacturing Fund Direct Growth, as of 18-Jun-2025, is ₹10.55.
What is the portfolio composition of HDFC Manufacturing Fund Direct Growth?
The fund's allocation of assets is distributed as 99.78% in equities, 0.00% in bonds, and 0.22% in cash and cash equivalents.
Who manages the HDFC Manufacturing Fund Direct Growth?
The fund managers responsible for HDFC Manufacturing Fund Direct Growth are:-
- Dhruv Muchhal
- Rakesh Sethia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.