November 18, 2025
RA Jainee
Nippon India Nifty India Manufacturing Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: ₹ 10.7038
NAV IDCW: ₹ 10.7038
Suitable For Which Investors?
Nobody should invest in Manufacturing funds in our opinion, because:
• They have a narrow focus on only companies following the manufacturing theme
• Instead, diversified equity funds which invest across sectors/themes are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
Fund’s Investment Strategy:
The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty India Manufacturing Index before expenses, subject to tracking errors.
Fund Manager:
1) Himanshu Mange
Education: Mr. Mange has done B.Com and CA
Experience: Prior to joining Nippon India MF, he has worked with Tata AIA Life Insurance, Pipalia Singhal & Associates, Felix Solutions, Lodha Group and N.B.Gandhi & Co.
Investment Details
| Min. Investment (₹) | 1,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 100 |
| Min. Withdrawal (₹) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (₹) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Nippon India Nifty India Manufacturing Index Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 26-Aug-25 |
| Return Since Launch | 7.04% |
| Benchmark | Nifty India Manufacturing TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | ₹ 37 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.25% |
| (As on 31-Oct-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Nifty India Manufacturing Index Dir | — | -0.09 | 2.68 | — | — | — | — | — | — | — |
| BSE India Manufacturing TRI | — | -0.11 | 3.75 | — | — | — | — | — | — | — |
| Equity: Thematic-Manufacturing | — | -0.14 | 1.82 | — | — | — | — | — | — | — |
| Rank within category | — | 6 | 3 | — | — | — | — | — | — | — |
| Number of funds in category | 15 | 17 | 17 | 16 | 16 | 15 | 5 | 2 | 2 | 1 |
Peer Comparison of Nippon India Nifty India Manufacturing Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Nippon India Nifty India Manufacturing Index Dir | Unrated | — | — | — | 0.25 | 37 | 7.04 | — | 2M | — |
| HDFC Manufacturing Dir | Unrated | 12.20 | — | — | 0.80 | 11,687 | 9.47 | 1.00 (30) | 1Y 5M | 32.25 |
| ICICI Pru Manufacturing Dir | Unrated | 11.85 | 26.84 | 29.29 | 0.75 | 6,715 | 21.26 | 1.00 (365) | 7Y 1M | 41.00 |
| Axis India Manufacturing Dir | Unrated | 10.97 | — | — | 0.52 | 5,356 | 22.80 | 1.00 (360) | 1Y 10M | 54.00 |
| Kotak Manufacture in India Dir | Unrated | 13.54 | 22.08 | — | 0.56 | 2,609 | 21.84 | 0.50 (90) | 3Y 8M | 34.71 |
Portfolio Analysis of Nippon India Nifty India Manufacturing Index Fund
| No. of Stocks | 75 |
| Top 10 Stocks | 38.64% |
| Top 5 Stocks | 23.63% |
| Top 3 Sectors | 72.79% |
| Portfolio P/B Ratio | 3.98 |
| Portfolio P/E Ratio | 28.81 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,70,608 | 1,11,653 |
| Giant (%) | 53.12 | 39.90 |
| Large (%) | 29.64 | 24.30 |
| Mid (%) | 17.23 | 26.87 |
| Small (%) | — | 13.70 |
| Tiny (%) | — | 0.59 |
Chanakya’s Mutual Fund Guidance For Nippon India Nifty India Manufacturing Index Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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