HDFC Manufacturing Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Manufacturing Fund is a Thematic fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹10,280 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −0.9% and its Regular plan returned −1.9%. Its benchmark, Nifty India Manufacturing TRI, returned −1.7% over the same year.

NAV (Direct plan): ₹11.33; ▼ 1.07%30-10-2026
NAV (Regular plan): ₹11.03; ▼ 1.08%30-10-2026
Expense ratio: 0.95%Direct1.85%Regular; 0.95%; A year
Riskometer: Very High; Set by the fund house
1 year return: −0.9%Direct−1.9%Regular; −0.9%; Total

HDFC Manufacturing Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹11.33 (down 1.07% that day); Regular Plan Growth ₹11.03 (down 1.08% that day).

This fund (Direct plan)

₹11.33

HDFC Manufacturing Fund Returns vs Nifty India Manufacturing TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−4.85%	−4.99%	−0.72%	−0.95%	--	--	--
This fund (Regular)	−4.91%	−5.21%	−1.17%	−1.88%	--	--	--
Nifty India Manufacturing TRI	−3.56%	−7.50%	−3.61%	−1.70%	+17.16%	+14.36%	--
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	--	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	--	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	--	--	--
Rank in Thematic	203/235	103/232	122/232	82/215	--	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

HDFC Manufacturing Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Manufacturing TRI
2026to date	+0.20%	−0.58%	−2.54%
2025	+8.17%	+7.02%	+12.28%

HDFC Manufacturing Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 360 periods, one for each trading day from 16-05-2025 to 30-10-2026.

−10%0%10%20%30%

Jun 2024
to
Jun 2025Sept 2024
to
Sept 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026

HDFC Manufacturing Fund (Direct)Nifty India Manufacturing TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	360	6.9%	−4.2%	23.5%	15%	9.5%	36%
2 years	113	4.0%	1.2%	7.8%	0%	4.9%	34%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Manufacturing TRI over the same days. Past returns do not promise future returns.

HDFC Manufacturing Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Manufacturing Fund (Direct)This fund	Nifty India Manufacturing TRI
Return (CAGR)	−0.95%	−1.70%
Standard deviation	16.40%	16.02%
Sharpe ratio	-0.38	-0.43
Sortino ratio	-0.51	-0.58
Maximum drawdown	−12.0% (30-03-2026)	−12.8% (23-10-2026)
Beta	1.00	1.00
Alpha	+0.78%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HDFC Manufacturing Fund (Direct)This fund	Nifty India Manufacturing TRI
Return (CAGR)	+4.75%	+5.30%
Standard deviation	15.83%	16.59%
Sharpe ratio	-0.07	-0.03
Sortino ratio	-0.09	-0.04
Maximum drawdown	−21.5% (28-02-2025)	−23.0% (07-04-2025)
Beta	0.93	1.00
Alpha	−0.59%	0.00%

From daily NAVs, 16-05-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−25%−20%−15%−10%−5%0%

20252026

HDFC Manufacturing Fund (Direct)Nifty India Manufacturing TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Manufacturing Fund (Direct)	−21.5%	27-09-2024	28-02-2025	06-05-2026	14 months	−8.6%
Nifty India Manufacturing TRI	−23.0%	27-09-2024	07-04-2025	05-01-2026	9 months	−10.5%

From the Direct plan's daily NAV since 16-05-2024, adjusted for unit splits, and Nifty India Manufacturing TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Manufacturing Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
HDFC Manufacturing Fund	82/215	10,280	0.95%	−0.95%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Manufacturing Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.73%	0.02%	0.01%	0.19%	0.95%	1.18%	43/235
Regular	1.50%	0.02%	0.01%	0.32%	1.85%	2.41%	8/235

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−1.88%	−0.95%	0.93%	₹98,120	₹99,050

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Manufacturing Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 16-05-2024 to 30-10-2026: 30 instalments, ₹3,00,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Manufacturing Fund (Direct)	₹3,00,000	₹3,12,897	₹12,897	3.3%
Regular planHDFC Manufacturing Fund (Regular)	₹3,00,000	₹3,08,823	₹8,823	2.3%
Nifty India Manufacturing TRI	₹3,00,000	₹3,09,257	₹9,257	2.4%
Category averageCategory average, 235 Thematic funds	₹3,00,000	₹3,10,871	₹10,871	2.8%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Direct planHDFC Manufacturing Fund (Direct)Regular planHDFC Manufacturing Fund (Regular)Nifty India Manufacturing TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HDFC Manufacturing Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.2%Equity

Asset	Fund	Category
Equity	97.2%	94.5%
Cash and others	2.8%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	49.8%	45.7%
Mid Cap	14.7%	19.6%
Small Cap	31.7%	24.1%
Not on AMFI's list	1.1%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

HDFC Manufacturing Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Pharmaceuticals & Biotechnology15.7%
Automobiles13.0%
Auto Components8.6%
Aerospace & Defense8.4%
Petroleum Products8.0%
Industrial Products8.0%
Electrical Equipment6.0%
Agricultural, Commercial & Construction Vehicles4.7%
Consumer Durables4.6%
Ferrous Metals4.0%

The ten largest of 22 sectors. The other 12 add up to 16.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Pharmaceuticals & Biotechnology	15.5%	16.1%	15.7%	+0.2%
Automobiles	14.4%	13.8%	13.0%	−1.4%
Auto Components	8.9%	8.6%	8.6%	−0.3%
Aerospace & Defense	7.3%	7.7%	8.4%	+1.1%
Petroleum Products	8.8%	8.2%	8.0%	−0.8%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HDFC Manufacturing Fund Portfolio Holdings

As on 30-09-2026 · 89 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Divis Laboratories Ltd.	Pharmaceuticals & Biotechnology	6.01%	−1.5%
Reliance Industries Ltd.	Petroleum Products	4.50%	0.0%
Mahindra & Mahindra Ltd.	Automobiles	3.50%	0.0%
Maruti Suzuki India Limited	Automobiles	3.33%	0.0%
JSW Steel Ltd.	Ferrous Metals	3.29%	0.0%
Tata Motors Limited	Agricultural, Commercial & Construction Vehicles	2.87%	0.0%
Bharat Electronics Ltd.	Aerospace & Defense	2.42%	0.0%
Hindustan Aeronautics Limited	Aerospace & Defense	2.38%	0.0%
Bajaj Auto Limited	Automobiles	2.22%	0.0%
Cummins India Ltd.	Industrial Products	2.06%	0.0%
Cyient DLM Limited	Aerospace & Defense	2.02%	−1.1%
Tata Motors Passenger Vehicles Limited	Automobiles	1.99%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	1.90%	0.0%
Dixon Technologies (India) Ltd.	Consumer Durables	1.85%	0.0%
Hindustan Petroleum Corp. Ltd.	Petroleum Products	1.83%	0.0%
Lupin Ltd.	Pharmaceuticals & Biotechnology	1.78%	+12.5%
Ambuja Cements Ltd.	Cement & Cement Products	1.78%	0.0%
Bharat Petroleum Corporation Ltd.	Petroleum Products	1.68%	0.0%
Hyundai Motor India Limited	Automobiles	1.66%	0.0%
Vedanta Aluminium Metal Limited	Non - Ferrous Metals	1.65%	0.0%
CG Power and Industrial Solutions Ltd.	Electrical Equipment	1.58%	0.0%
Bharat Forge Ltd.	Auto Components	1.57%	0.0%
Gland Pharma Ltd.	Pharmaceuticals & Biotechnology	1.44%	0.0%
KAYNES TECHNOLOGY INDIA LIMITED	Industrial Manufacturing	1.40%	+3.9%
Archean Chemical Industries Limited	Chemicals & Petrochemicals	1.37%	+16.0%
PEARL GLOBAL INDUSTRIES LIMITED	Textiles & Apparels	1.37%	+91.9%
Godrej Consumer Products Ltd.	Personal Products	1.32%	0.0%
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	1.31%	−8.0%
Hindalco Industries Ltd.	Non - Ferrous Metals	1.19%	0.0%
Centum Electronics Ltd.	Aerospace & Defense	1.07%	−0.0%
Balkrishna Industries Ltd.	Auto Components	1.07%	0.0%
Bansal Wire Industries Limited	Industrial Products	1.06%	0.0%
ESCORTS KUBOTA LIMITED	Agricultural, Commercial & Construction Vehicles	1.00%	0.0%
Atlanta Electricals Limited	Electrical Equipment	0.99%	0.0%
Sudeep Pharma Limited	Chemicals & Petrochemicals	0.97%	0.0%
HEG Advanced Materials Limited	Industrial Products	0.95%	+429.5%
Timken India Ltd.	Industrial Products	0.92%	0.0%
Crompton Greaves Consumer Elec. Ltd.	Consumer Durables	0.91%	+28.6%
CIE Automotive India Ltd	Auto Components	0.91%	0.0%
Craftsman Automation Ltd	Auto Components	0.91%	0.0%
BEML Limited	Agricultural, Commercial & Construction Vehicles	0.87%	0.0%
Saatvik Green Energy Limited	Electrical Equipment	0.86%	0.0%
Havells India Ltd.	Consumer Durables	0.86%	0.0%
Bosch Limited	Auto Components	0.82%	−10.0%
KSH International Limited	Industrial Products	0.78%	−0.4%
Diamond Power Infrastructure Limited	Electrical Equipment	0.77%	−3.4%
Jubilant Ingrevia Limited	Chemicals & Petrochemicals	0.77%	0.0%
Tata Steel Ltd.	Ferrous Metals	0.75%	0.0%
Siemens Ltd.	Electrical Equipment	0.72%	0.0%
Carborundum Universal Ltd.	Industrial Products	0.65%	0.0%
Wockhardt Ltd.	Pharmaceuticals & Biotechnology	0.62%	0.0%
Birla Corporation Ltd.	Cement & Cement Products	0.62%	0.0%
Indraprastha Gas Ltd.	Gas	0.61%	0.0%
Schaeffler India Ltd.	Auto Components	0.61%	0.0%
ABB India Ltd.	Electrical Equipment	0.61%	0.0%
Sona Blw Precision Forgings	Auto Components	0.60%	0.0%
Time Technoplast Limited	Industrial Products	0.59%	0.0%
Sedemac Mechatronics Limited	Auto Components	0.58%	0.0%
Graphite India Ltd.	Industrial Products	0.58%	New
GMM Pfaudler Limited	Industrial Manufacturing	0.54%	0.0%
Amber Enterprises India Ltd.	Consumer Durables	0.52%	0.0%
Jubilant Pharmova Limited	Pharmaceuticals & Biotechnology	0.50%	0.0%
AEQUS LIMITED	Aerospace & Defense	0.48%	0.0%
SHARDA MOTOR INDUSTRIES LIMITED	Auto Components	0.48%	0.0%
Piramal Pharma Limited	Pharmaceuticals & Biotechnology	0.48%	0.0%
Premier Energies Limited	Electrical Equipment	0.44%	0.0%
Eris Lifesciences Ltd	Pharmaceuticals & Biotechnology	0.44%	0.0%
Arvind Limited	Textiles & Apparels	0.42%	0.0%
Anthem Biosciences Limited	Pharmaceuticals & Biotechnology	0.42%	−60.0%
Godavari Biorefineries Limited	Diversified FMCG	0.41%	0.0%
Biocon Ltd.	Pharmaceuticals & Biotechnology	0.39%	0.0%
Cohance Lifesciences Limited	Pharmaceuticals & Biotechnology	0.39%	0.0%
Samvardhana Motherson International Ltd.	Auto Components	0.38%	0.0%
Vedanta Power Limited	Power	0.38%	0.0%
Blue Dart Express Ltd.	Transport Services	0.36%	0.0%
Bajaj Electricals Ltd.	Consumer Durables	0.35%	0.0%
Dhoot Transmission Limited	Auto Components	0.33%	0.0%
Ather Energy Limited	Automobiles	0.31%	0.0%
TENNECO CLEAN AIR INDIA LIMITED	Auto Components	0.30%	0.0%
INDO-MIM Limited	Industrial Manufacturing	0.26%	0.0%
M&B Engineering Limited	Construction	0.24%	+3.7%
Laser Power and Infra Limited	Industrial Products	0.24%	0.0%
JNK India Limited	Industrial Manufacturing	0.21%	0.0%
TCI Express Ltd.	Transport Services	0.20%	−0.1%
Tempsens Instruments (India) Limited	Industrial Manufacturing	0.12%	0.0%
PI Industries Ltd.	Fertilizers & Agrochemicals	0.11%	0.0%
Lumino Industries Limited	Industrial Products	0.10%	0.0%
Cello World Limited	Consumer Durables	0.10%	0.0%
CMR Green Technologies Limited	Industrial Products	0.04%	−9.8%

HDFC Manufacturing Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Divis Laboratories Ltd.	Reduced	−1.5%	6.01%
Cyient DLM Limited	Reduced	−1.1%	2.02%
Lupin Ltd.	Added	+12.5%	1.78%
Glenmark Pharmaceuticals Ltd.	Reduced	−8.0%	1.31%
KAYNES TECHNOLOGY INDIA LIMITED	Added	+3.9%	1.40%
Archean Chemical Industries Limited	Added	+16.0%	1.37%
PEARL GLOBAL INDUSTRIES LIMITED	Added	+91.9%	1.37%
Centum Electronics Ltd.	Reduced	−0.0%	1.07%
Anthem Biosciences Limited	Reduced	−60.0%	0.42%
HEG Advanced Materials Limited	Added	+429.5%	0.95%
Bosch Limited	Reduced	−10.0%	0.82%
Crompton Greaves Consumer Elec. Ltd.	Added	+28.6%	0.91%
KSH International Limited	Reduced	−0.4%	0.78%
Diamond Power Infrastructure Limited	Reduced	−3.4%	0.77%
ADANI ENTERPRISES LIMTIED	Sold out	−100%	was 0.62%
Petronet LNG Ltd.	Sold out	−100%	was 0.61%
Graphite India Ltd.	New	New	0.58%
Siemens Energy India Limited	Sold out	−100%	was 0.43%
Praj Industries Limited	Sold out	−100%	was 0.26%
M&B Engineering Limited	Added	+3.7%	0.24%
TCI Express Ltd.	Reduced	−0.1%	0.20%
CMR Green Technologies Limited	Reduced	−9.8%	0.04%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HDFC Manufacturing Fund bought and sold

HDFC Manufacturing Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mirae Asset Nifty India Manufacturing ETFETF · Mirae Asset	47.3%	34	Compare
Nippon India NIFTY India Manufacturing Index FundIndex · Nippon India	47.3%	34	Compare
UTI Nifty India Manufacturing Index FundIndex · UTI	47.3%	34	Compare
Navi Nifty India Manufacturing Index FundIndex · Navi	47.3%	34	Compare
Nippon India NIFTY India Manufacturing ETFETF · Nippon India	47.2%	34	Compare
Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal	47.2%	34	Compare
Axis India Manufacturing FundThematic · Axis	41.9%	37	Compare
Tata Nifty500 Multicap India Manufacturing 50:30:20 Index FundIndex · Tata	41.5%	29	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Manufacturing Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.95%
Expense ratio (Regular): 1.85%
Category: Thematic
Risk: Very High
Benchmark: Nifty India Manufacturing TRI
Launch date: 16-05-2024
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹10,280.27 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152600
ISIN (Direct): INF179KC1II1
Scheme code (Regular): 152602
ISIN (Regular): INF179KC1IF7
NAV history: From 16-05-2024, 2.5 years

Exit load: In respect of each purchase/switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 month from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 month from the date of allotment. In respect of Systematic Transactions such as SIP, Flex SIP, STP, Flex STP, Swing STP, Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.

Tax on HDFC Manufacturing Fund returns

HDFC Manufacturing Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹11.33	30-10-2026
direct	IDCW	₹11.33	30-10-2026
regular	Growth	₹11.034	30-10-2026
regular	IDCW	₹11.034	30-10-2026

About HDFC Manufacturing Fund

HDFC Manufacturing Fund is a mutual fund from HDFC Mutual Fund. Its category is Thematic. It was launched on 16-05-2024. Its benchmark is Nifty India Manufacturing TRI. At the end of September 2026 it held 89 securities.

Fund Manager

Rakesh Sethia
Fund manager of HDFC Manufacturing Fund, since 16-05-2024
Gopal Agrawal
Fund manager of HDFC Manufacturing Fund, since 01-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Manufacturing Fund, since 26-08-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹10,280.27 Cr; −4.39% from August 2026
August 2026: ₹10,751.82 Cr; +1.53% from July 2026
July 2026: ₹10,590.14 Cr; +2.54% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Manufacturing Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Manufacturing vs Nippon India Taiwan EquityThematic
HDFC Manufacturing vs HDFC DefenceThematic
HDFC Manufacturing vs HDFC Pharma and HealthcareThematic
HDFC Manufacturing vs SBI Healthcare OpportunitiesThematic
HDFC Manufacturing vs Aditya Birla Sun Life International EquityThematic
HDFC Manufacturing vs Mirae Asset Nifty India Manufacturing ETF47.3% overlap
HDFC Manufacturing vs Nippon India NIFTY India Manufacturing Index47.3% overlap
HDFC Manufacturing vs UTI Nifty India Manufacturing Index47.3% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Manufacturing Fund

What is the current NAV of HDFC Manufacturing Fund?

The Direct plan NAV is ₹11.33. The Regular plan NAV is ₹11.034, as on 30-10-2026.

What are the returns of HDFC Manufacturing Fund?

The Direct plan returned −0.95% in 1 year. The Regular plan returned −1.88% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Manufacturing Fund?

The Direct plan charges 0.95% a year. The Regular plan charges 1.85% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of HDFC Manufacturing Fund?

HDFC Manufacturing Fund managed ₹10,280.27 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Manufacturing Fund?

At the end of September 2026 the largest holdings were DIVISLAB (6.01%), RELIANCE (4.50%), M&M (3.50%), MARUTI (3.33%), JSWSTEEL (3.29%). The fund held 89 securities in all.

What did HDFC Manufacturing Fund buy and sell in September 2026?

It bought 1 new stock: Graphite India Ltd. It sold out of 4: Praj Industries Limited, Siemens Energy India Limited, Petronet LNG Ltd, ADANI ENTERPRISES LIMTIED. It added shares in 7. It reduced 10.

How do I invest in HDFC Manufacturing Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Manufacturing Fund?

Rakesh Sethia (since 16-05-2024), Gopal Agrawal (since 01-09-2026), Bhagyesh Kagalkar (since 26-08-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.