Invest in Manufacturing Theme of India
New Fund Offer By :
HDFC Manufacturing Fund
NFO Closing on 10th May 2024
"Mutual funds focused on the manufacturing sector offer investment opportunities to align portfolios with India's growth narrative."
Economic Times
"India’s growing population and increasing urbanisation will create significant demand for manufactured goods"
Adil Shetty, Bankbazaar
"Domestic manufacturing sector, which makes up 17% of the GDP is projected to reach $1 trillion by 2025–2026 backed by a strong physical and digital infrastructure."
Infinity Finserv (P) Ltd
"The NAV of the manufacturing theme-based funds recorded a substantial increase throughout the current fiscal year and have given double-digit returns"
Vivek Sinha, Economist
Particulars | HDFC Manufacturing Fund |
|---|---|
abcd | lmnoo |
The information herein is based on expectations and the actual results could vary materially. This is not indicating returns from any investments. There is no assurance as regards performance of any company, sector or investment.
At present, there are only five schemes which predominantly invest in manufacturing stocks viz. Axis India Manufacturing Fund-Reg(G), Canara Robeco Manufacturing Fund-Reg(G), ICICI Pru Manufacturing Fund(G), Kotak Manufacture in India Fund-Reg(G), Quant Manufacturing Fund-Reg(G). ICICI Pru is the oldest in the pack while HDFC's NFO is ongoing
An analysis of 76 stocks in the Nifty Manufacturing Index gives us the indication as to which way the wind has blown. Nine stocks have delivered multibagger returns over a 1-year period with the top position taken by PSU Mazagon Dock Shipbuilders (179%), followed by Dixon Technologies (147%) and Lupin (138%). Tata Motors, Hindustan Aeronautics, Bajaj Auto, Indian Oil Corporation, Aurobindo Pharma and Hindustan Copper have delivered returns between 111% and 137% during this time.
Nearly three dozen stocks have given returns higher than Nifty 50 (23%)
Past Performance of some of the Manufacturing Funds in India
(Data as on 14th April 2024)
HDFC Mutual Fund / AMC is not guaranteeing returns on investments made in the scheme. The current investment strategy is subject to change depending on the market conditions.
Mutual Funds are subject to Market Risk. Read all Offer documents before investing