Direct plan
Data as on 30-10-2026
Nippon India NIFTY India Manufacturing ETF is a mutual fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹16 Cr of investors' money. In the year to 30-10-2026, it returned −1.9%. Its benchmark, Nifty India Manufacturing TRI, returned −1.7% over the same year.
NAV on 30-10-2026: Direct Plan ₹149.82 (down 0.49% that day).
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Period | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| This fund (Direct) | −3.56% | −7.52% | −3.68% | −1.94% | -- | -- | -- |
| Nifty India Manufacturing TRI | −3.56% | −7.50% | −3.61% | −1.70% | +17.16% | +14.36% | -- |
| Category average | -- | -- | -- | -- | -- | -- | -- |
| Best in category | -- | -- | -- | -- | -- | -- | -- |
| Worst in category | -- | -- | -- | -- | -- | -- | -- |
| Rank in category | -- | -- | -- | -- | -- | -- | -- |
No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds.
| Year | Direct | Nifty India Manufacturing TRI |
|---|---|---|
| 2026to date | −2.73% | −2.54% |
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 41 periods, one for each trading day from 28-08-2026 to 30-10-2026.
Nippon India NIFTY India Manufacturing ETF (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 | 41 | 4.7% | −3.6% | 17.0% | 15% | 5.0% | 0% |
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.
How much it swings, and the falls an investor had to sit through
Risk and return
| Measure | Nippon India NIFTY India Manufacturing ETF (Direct)This fund | Nifty India Manufacturing TRI |
|---|---|---|
| Return (CAGR) | −1.94% | −1.70% |
| Standard deviation | 16.06% | 16.02% |
| Sharpe ratio | -0.45 | -0.43 |
| Sortino ratio | -0.60 | -0.58 |
| Maximum drawdown | −12.8% (23-10-2026) | −12.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.24% | 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 | Nippon India NIFTY India Manufacturing ETF (Direct)This fund | Nifty India Manufacturing TRI |
|---|---|---|
| Return (CAGR) | +4.20% | +4.48% |
| Standard deviation | 15.28% | 15.24% |
| Sharpe ratio | -0.07 | -0.05 |
| Sortino ratio | -0.10 | -0.07 |
| Maximum drawdown | −12.8% (23-10-2026) | −12.8% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.28% | 0.00% |
From daily NAVs, 28-08-2025 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.
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.
Nippon India NIFTY India Manufacturing ETF (Direct)
Nifty India Manufacturing TRI
| Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today | |
|---|---|---|---|---|---|---|
| Nippon India NIFTY India Manufacturing ETF (Direct) | −12.8% | 07-08-2026 | 23-10-2026 | Not yet | -- | −10.5% |
| Nifty India Manufacturing TRI | −12.8% | 07-08-2026 | 23-10-2026 | Not yet | -- | −10.5% |
From the Direct plan's daily NAV since 28-08-2025, 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.
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 |
|---|---|---|---|---|---|
| Direct | 0.21% | 0.00% | 0.00% | 0.09% | 0.30% |
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.
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 28-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Direct planNippon India NIFTY India Manufacturing ETF (Direct) | ₹1,50,000 | ₹1,46,874 | −₹3,126 | −3.2% |
| Nifty India Manufacturing TRI | ₹1,50,000 | ₹1,47,093 | −₹2,907 | −2.9% |
Direct planNippon India NIFTY India Manufacturing ETF (Direct)
Nifty India Manufacturing TRI
Amount invested
From each plan's published NAV (Growth option), the benchmark's TRI, 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.
Asset allocation as on 30-09-2026
99.8%Equity
| Asset | Fund |
|---|---|
| Equity | 99.8% |
| Cash and others | 0.2% |
| Market cap | Fund |
|---|---|
| Large Cap | 69.0% |
| Mid Cap | 27.6% |
| Small Cap | 3.2% |
Share of the whole fund. 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.
Sector allocation of the fund's stocks as on 30-09-2026
Pharmaceuticals & Biotechnology18.5%
Automobiles18.3%
Petroleum Products7.6%
Ferrous Metals7.5%
Electrical Equipment7.0%
Auto Components7.0%
Industrial Products6.3%
Non - Ferrous Metals6.0%
Aerospace & Defense5.4%
Chemicals & Petrochemicals4.5%
The ten largest of 16 sectors. The other 6 add up to 11.5%.
| Sector | July 2026 | August 2026 | September 2026 | Change |
|---|---|---|---|---|
| Pharmaceuticals & Biotechnology | 17.9% | 17.9% | 18.5% | +0.6% |
| Automobiles | 20.0% | 19.4% | 18.3% | −1.7% |
| Petroleum Products | 7.8% | 7.6% | 7.6% | −0.2% |
| Ferrous Metals | 7.4% | 7.4% | 7.5% | +0.1% |
| Electrical Equipment | 7.8% | 8.0% | 7.0% | −0.7% |
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.
As on 30-09-2026 · 77 holdings · from the fund house's monthly portfolio
| Holdings | Sector | Weight% | Holdings trend | 1M change |
|---|---|---|---|---|
| Mahindra & Mahindra Limited | Automobiles | 4.98% | +43.7% | |
| Reliance Industries Limited | Petroleum Products | 4.96% | +52.6% | |
| Sun Pharmaceutical Industries Limited | Pharmaceuticals & Biotechnology | 4.59% | +37.5% | |
| Maruti Suzuki India Limited | Automobiles | 3.71% | +36.8% | |
| Tata Steel Limited | Ferrous Metals | 3.65% | +38.0% | |
| Bharat Electronics Limited | Aerospace & Defense | 3.32% | +37.4% | |
| Hindalco Industries Limited | Non - Ferrous Metals | 3.25% | +37.4% | |
| JSW Steel Limited | Ferrous Metals | 2.88% | +41.1% | |
| Bajaj Auto Limited | Automobiles | 2.83% | +35.0% | |
| Divi's Laboratories Limited | Pharmaceuticals & Biotechnology | 2.82% | +37.5% | |
| Eicher Motors Limited | Automobiles | 2.35% | +37.5% | |
| TVS Motor Company Limited | Automobiles | 2.30% | +37.3% | |
| Hindustan Aeronautics Limited | Aerospace & Defense | 2.11% | +37.4% | |
| Tata Motors Ltd | Agricultural, Commercial & Construction Vehicles | 2.10% | +37.6% | |
| Laurus Labs Limited | Pharmaceuticals & Biotechnology | 1.84% | +37.5% | |
| Cipla Limited | Pharmaceuticals & Biotechnology | 1.81% | +37.4% | |
| Dr. Reddy's Laboratories Limited | Pharmaceuticals & Biotechnology | 1.79% | +37.5% | |
| Samvardhana Motherson International Limited | Auto Components | 1.72% | +37.4% | |
| Torrent Pharmaceuticals Limited | Pharmaceuticals & Biotechnology | 1.69% | +93.0% | |
| Vedanta Aluminium Metal Limited | Non - Ferrous Metals | 1.67% | New | |
| Cummins India Limited | Industrial Products | 1.53% | +37.2% | |
| Bharat Petroleum Corporation Limited | Petroleum Products | 1.45% | +36.1% | |
| Tata Motors Passenger Vehicles Limited | Automobiles | 1.42% | +37.6% | |
| CG Power and Industrial Solutions Limited | Electrical Equipment | 1.40% | +37.5% | |
| Dixon Technologies (India) Limited | Consumer Durables | 1.29% | +37.5% | |
| Bharat Forge Limited | Auto Components | 1.28% | +43.3% | |
| GE Vernova T&D India Limited | Electrical Equipment | 1.24% | +37.6% | |
| Indian Oil Corporation Limited | Petroleum Products | 1.20% | +37.4% | |
| Lupin Limited | Pharmaceuticals & Biotechnology | 1.18% | +37.4% | |
| Solar Industries India Limited | Chemicals & Petrochemicals | 1.15% | +37.9% | |
| Suzlon Energy Limited | Electrical Equipment | 1.15% | +37.5% | |
| Aurobindo Pharma Limited | Pharmaceuticals & Biotechnology | 1.10% | +37.1% | |
| Vedanta Limited | Diversified Metals | 1.09% | +42.6% | |
| Pidilite Industries Limited | Chemicals & Petrochemicals | 1.09% | +37.7% | |
| Ashok Leyland Limited | Agricultural, Commercial & Construction Vehicles | 1.05% | +37.5% | |
| Polycab India Limited | Industrial Products | 1.03% | +37.2% | |
| Jindal Steel Limited | Ferrous Metals | 1.01% | +37.7% | |
| Bosch Limited | Auto Components | 0.97% | +39.1% | |
| APL Apollo Tubes Limited | Industrial Products | 0.95% | +37.3% | |
| Hitachi Energy India Limited | Electrical Equipment | 0.94% | New | |
| Sona BLW Precision Forgings Limited | Auto Components | 0.89% | +37.8% | |
| SRF Limited | Chemicals & Petrochemicals | 0.86% | +37.4% | |
| Welspun Corp Limited | Industrial Products | 0.85% | New | |
| ABB India Limited | Electrical Equipment | 0.85% | +37.3% | |
| Siemens Limited | Electrical Equipment | 0.79% | +37.7% | |
| Alkem Laboratories Limited | Pharmaceuticals & Biotechnology | 0.74% | +41.8% | |
| UPL Limited | Fertilizers & Agrochemicals | 0.72% | +37.4% | |
| Navin Fluorine International Limited | Chemicals & Petrochemicals | 0.72% | +37.0% | |
| Hyundai Motor India Ltd | Automobiles | 0.69% | +37.0% | |
| Zydus Lifesciences Limited | Pharmaceuticals & Biotechnology | 0.69% | +36.2% | |
| Siemens Energy India Limited | Electrical Equipment | 0.68% | +37.7% | |
| KEI Industries Limited | Industrial Products | 0.66% | +37.7% | |
| Hindustan Zinc Limited | Non - Ferrous Metals | 0.65% | +37.4% | |
| MRF Limited | Auto Components | 0.64% | +60.0% | |
| Tube Investments of India Limited | Auto Components | 0.61% | +37.4% | |
| Havells India Limited | Consumer Durables | 0.61% | +37.4% | |
| Voltas Limited | Consumer Durables | 0.58% | +37.4% | |
| Page Industries Limited | Textiles & Apparels | 0.54% | +35.3% | |
| Supreme Industries Limited | Industrial Products | 0.53% | +37.9% | |
| UNO Minda Limited | Auto Components | 0.51% | +37.4% | |
| Coromandel International Limited | Fertilizers & Agrochemicals | 0.50% | +37.0% | |
| Blue Star Limited | Consumer Durables | 0.47% | +37.3% | |
| PI Industries Limited | Fertilizers & Agrochemicals | 0.45% | +37.4% | |
| Hindustan Copper Limited | Non - Ferrous Metals | 0.44% | +61.8% | |
| Balkrishna Industries Limited | Auto Components | 0.41% | +37.8% | |
| Astral Limited | Industrial Products | 0.40% | +37.2% | |
| Mazagon Dock Shipbuilders Limited | Industrial Manufacturing | 0.38% | +36.9% | |
| Himadri Speciality Chemical Limited | Chemicals & Petrochemicals | 0.38% | +37.6% | |
| AIA Engineering Limited | Industrial Products | 0.36% | +37.1% | |
| Amber Enterprises India Limited | Consumer Durables | 0.35% | New | |
| Crompton Greaves Consumer Electricals Limited | Consumer Durables | 0.32% | +37.7% | |
| Linde India Limited | Chemicals & Petrochemicals | 0.32% | +38.6% | |
| Cochin Shipyard Limited | Industrial Manufacturing | 0.30% | +57.2% | |
| K.P.R. Mill Limited | Textiles & Apparels | 0.29% | +37.2% | |
| Kaynes Technology India Limited | Industrial Manufacturing | 0.26% | +37.6% | |
| Anthem Biosciences Limited | Pharmaceuticals & Biotechnology | 0.22% | +66.4% | |
| Escorts Kubota Limited | Agricultural, Commercial & Construction Vehicles | 0.21% | +36.7% |
All changes are between August 2026 and September 2026
| Mahindra & Mahindra Limited | Added | +43.7% | 4.98% |
|---|---|---|---|
| Reliance Industries Limited | Added | +52.6% | 4.96% |
| Sun Pharmaceutical Industries Limited | Added | +37.5% | 4.59% |
| Maruti Suzuki India Limited | Added | +36.8% | 3.71% |
| Tata Steel Limited | Added | +38.0% | 3.65% |
| Bharat Electronics Limited | Added | +37.4% | 3.32% |
| Hindalco Industries Limited | Added | +37.4% | 3.25% |
| Bajaj Auto Limited | Added | +35.0% | 2.83% |
| JSW Steel Limited | Added | +41.1% | 2.88% |
| Divi's Laboratories Limited | Added | +37.5% | 2.82% |
| Eicher Motors Limited | Added | +37.5% | 2.35% |
| TVS Motor Company Limited | Added | +37.3% | 2.30% |
| Tata Motors Ltd | Added | +37.6% | 2.10% |
| Hindustan Aeronautics Limited | Added | +37.4% | 2.11% |
| Laurus Labs Limited | Added | +37.5% | 1.84% |
| Cipla Limited | Added | +37.4% | 1.81% |
| Dr. Reddy's Laboratories Limited | Added | +37.5% | 1.79% |
| Samvardhana Motherson International Limited | Added | +37.4% | 1.72% |
| Torrent Pharmaceuticals Limited | Added | +93.0% | 1.69% |
| Vedanta Aluminium Metal Limited | New | New | 1.67% |
| Cummins India Limited | Added | +37.2% | 1.53% |
| Bharat Petroleum Corporation Limited | Added | +36.1% | 1.45% |
| Tata Motors Passenger Vehicles Limited | Added | +37.6% | 1.42% |
| Bharat Heavy Electricals Limited | Sold out | −100% | was 1.49% |
| CG Power and Industrial Solutions Limited | Added | +37.5% | 1.40% |
| Dixon Technologies (India) Limited | Added | +37.5% | 1.29% |
| Suzlon Energy Limited | Added | +37.5% | 1.15% |
| Bharat Forge Limited | Added | +43.3% | 1.28% |
| GE Vernova T&D India Limited | Added | +37.6% | 1.24% |
| Lupin Limited | Added | +37.4% | 1.18% |
| Pidilite Industries Limited | Added | +37.7% | 1.09% |
| Indian Oil Corporation Limited | Added | +37.4% | 1.20% |
| Polycab India Limited | Added | +37.2% | 1.03% |
| Ashok Leyland Limited | Added | +37.5% | 1.05% |
| Solar Industries India Limited | Added | +37.9% | 1.15% |
| Aurobindo Pharma Limited | Added | +37.1% | 1.10% |
| Vedanta Limited | Added | +42.6% | 1.09% |
| Jindal Steel Limited | Added | +37.7% | 1.01% |
| Bosch Limited | Added | +39.1% | 0.97% |
| APL Apollo Tubes Limited | Added | +37.3% | 0.95% |
| Hitachi Energy India Limited | New | New | 0.94% |
| ABB India Limited | Added | +37.3% | 0.85% |
| Sona BLW Precision Forgings Limited | Added | +37.8% | 0.89% |
| SRF Limited | Added | +37.4% | 0.86% |
| Welspun Corp Limited | New | New | 0.85% |
| Siemens Limited | Added | +37.7% | 0.79% |
| KEI Industries Limited | Added | +37.7% | 0.66% |
| Navin Fluorine International Limited | Added | +37.0% | 0.72% |
| Alkem Laboratories Limited | Added | +41.8% | 0.74% |
| Hyundai Motor India Ltd | Added | +37.0% | 0.69% |
| UPL Limited | Added | +37.4% | 0.72% |
| Havells India Limited | Added | +37.4% | 0.61% |
| Zydus Lifesciences Limited | Added | +36.2% | 0.69% |
| Tube Investments of India Limited | Added | +37.4% | 0.61% |
| Siemens Energy India Limited | Added | +37.7% | 0.68% |
| Hindustan Zinc Limited | Added | +37.4% | 0.65% |
| MRF Limited | Added | +60.0% | 0.64% |
| Voltas Limited | Added | +37.4% | 0.58% |
| UNO Minda Limited | Added | +37.4% | 0.51% |
| Page Industries Limited | Added | +35.3% | 0.54% |
| Coromandel International Limited | Added | +37.0% | 0.50% |
| Supreme Industries Limited | Added | +37.9% | 0.53% |
| Blue Star Limited | Added | +37.3% | 0.47% |
| PI Industries Limited | Added | +37.4% | 0.45% |
| Mazagon Dock Shipbuilders Limited | Added | +36.9% | 0.38% |
| Hindustan Copper Limited | Added | +61.8% | 0.44% |
| Astral Limited | Added | +37.2% | 0.40% |
| Balkrishna Industries Limited | Added | +37.8% | 0.41% |
| Himadri Speciality Chemical Limited | Added | +37.6% | 0.38% |
| AIA Engineering Limited | Added | +37.1% | 0.36% |
| Crompton Greaves Consumer Electricals Limited | Added | +37.7% | 0.32% |
| Amber Enterprises India Limited | New | New | 0.35% |
| Linde India Limited | Added | +38.6% | 0.32% |
| Cochin Shipyard Limited | Added | +57.2% | 0.30% |
| K.P.R. Mill Limited | Added | +37.2% | 0.29% |
| Kaynes Technology India Limited | Added | +37.6% | 0.26% |
| Escorts Kubota Limited | Added | +36.7% | 0.21% |
| Anthem Biosciences Limited | Added | +66.4% | 0.22% |
| Castrol India Limited | Sold out | −100% | was 0.20% |
| Honeywell Automation India Limited | Sold out | −100% | was 0.18% |
No stocks in this group for September 2026.
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 Nippon India NIFTY India Manufacturing ETF bought and sold
Funds with the most similar portfolios, across every fund house and category
| Fund | Overlap | Holdings in common | |
|---|---|---|---|
| Nippon India NIFTY India Manufacturing Index FundIndex · Nippon India | 99.7% | 77 | Compare |
| UTI Nifty India Manufacturing Index FundIndex · UTI | 99.7% | 77 | Compare |
| Mirae Asset Nifty India Manufacturing ETFETF · Mirae Asset | 99.7% | 77 | Compare |
| Navi Nifty India Manufacturing Index FundIndex · Navi | 99.7% | 77 | Compare |
| Motilal Oswal Nifty India Manufacturing ETFETF · Motilal Oswal | 99.5% | 77 | Compare |
| Tata Nifty500 Multicap India Manufacturing 50:30:20 Index FundIndex · Tata | 65.3% | 41 | Compare |
| Axis India Manufacturing FundThematic · Axis | 52.6% | 39 | Compare |
| HDFC Manufacturing FundThematic · HDFC | 47.2% | 34 | 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.
Fund facts from the scheme summary document
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
Nippon India NIFTY India Manufacturing ETF is a mutual fund from Nippon India Mutual Fund. At the end of September 2026 it held 77 securities.
Not available
See all funds of Nippon India Mutual Fund
AUM moves with money invested or taken out, and with the value of what the fund holds.
Returns, risk, costs and the stocks they share, side by side
The Direct plan NAV is ₹149.8154, as on 30-10-2026.
The Direct plan returned −1.94% in 1 year. These figures are as on 30-10-2026.
The Direct plan charges 0.30% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.
Nippon India NIFTY India Manufacturing ETF managed ₹15.58 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
At the end of September 2026 the largest holdings were M&M (4.98%), RELIANCE (4.96%), SUNPHARMA (4.59%), MARUTI (3.71%), TATASTEEL (3.65%). The fund held 77 securities in all.
It bought 4 new stocks: Hitachi Energy India Limited, Welspun Corp Limited, Vedanta Aluminium Metal Limited, Amber Enterprises India Limited. It sold out of 3: Castrol India Limited, Bharat Heavy Electricals Limited, Honeywell Automation India Limited. It added shares in 73.
Through Nippon India 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. You can invest once or through a monthly SIP.
Its benchmark is Nifty India Manufacturing TRI. The Direct plan returned −1.94% in 1 year. The benchmark returned −1.70% in 1 year.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.
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.
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