HDFC Manufacturing fund - Growth Option - Regular Plan
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +7.2% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.83% is lower than category median (2.52%).
- Downside capture of 106% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +7.08% | +6.32% | +0.76% |
| 3 Months | -0.38% | -0.20% | -0.18% |
| 6 Months | +6.38% | +5.98% | +0.40% |
| 1 Year | +7.97% | +3.90% | +4.07% |
| Since Inception | +7.33% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +8.63% | +4.03% | +4.60% |
| 2025 | +7.02% | +1.43% | +5.59% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.30% | +5.62% | +5.71% | +22.48% | 77.0% | 65.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-02-28 | -21.9% | 5 months | 14 months |
| 2026-08-11 | 2026-10-23 | -10.6% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments of companies/entities in engaged in manufacturing theme# | 80%- 100% Equity and Equity related instruments of companies/entities other than above: 0% - 20% Units issued by InvITs: 0% - 10% Money market instruments, Other liquid instruments and Units of Mutual Fund^^: 0% - 20% Gold and Silver instruments: 0% - 20% # refer investment strategy for indicative list of companies/entities engaged in the manufacturing theme. ^^Units of Domestic Mutual Funds shall only include Overnight Funds, Liquid Funds and Money Market Mutual Funds. Further other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. For detailed asset allocation, refer Scheme Information Document (SID) available on the website. |
Investment Objective & Strategy
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. There is no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 10,608 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as strained relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Mahindra Manulife Manufacturing Fund | 5.1 | - | 2.58% | 102.6% | Rs 657 cr | Compare → |
| HSBC Financial Services Fund | 5.7 | - | 2.37% | 114.7% | Rs 986 cr | Compare → |
| Kotak Transportation & Logistics Fund | 5.1 | - | 2.58% | 116.2% | Rs 556 cr | Compare → |
| Groww Banking & Financial Services Fund | 4.3 | - | 3.15% | 120.2% | Rs 123 cr | Compare → |
| Baroda BNP Paribas Manufacturing Fund | 5.7 | - | 2.48% | 97.1% | Rs 794 cr | Compare → |
Frequently Asked Questions about HDFC Manufacturing fund
What is the expense ratio of HDFC Manufacturing fund?
HDFC Manufacturing fund has a total expense ratio (TER) of 1.83% with a base expense ratio of 1.5%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages HDFC Manufacturing fund?
HDFC Manufacturing fund is managed by Rakesh Sethia (tenure: 2.5 years since 2024-05-16).
What are the historical returns of HDFC Manufacturing fund?
HDFC Manufacturing fund has a 1-year return of +7.97%.
How large is HDFC Manufacturing fund?
HDFC Manufacturing fund manages assets of Rs 10,608 cr, placing it in the 'strained' size band relative to Sectoral / Thematic peers.
How is HDFC Manufacturing fund scored on MFIQ?
HDFC Manufacturing fund holds an MFIQ Score of 6.5/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is HDFC Manufacturing fund?
HDFC Manufacturing fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.89% with a maximum historical drawdown of -21.93%.