Archive · 21 Aug 2025
HDFC Manufacturing Fund: Performance Since Launch
The HDFC Manufacturing Fund, a new mutual fund launched in May 2024, invests in companies that manufacture things.
The fund has performed somewhat well but trails older funds in the same category.
It aims to put most of its money in stocks of manufacturing companies.
The fund has a large portion of its investments in large companies.
While it has shown some gains, it's still relatively new and has not performed as well as some similar, older funds.
Investors should consider their own goals and risk tolerance when deciding whether to invest.
HDFC Manufacturing Fund launched in May 2024, as a thematic fund.
The fund aims to invest at least 80% of its assets in equity and equity-related instruments of manufacturing companies.
As of July 2025, 98.1% of the fund's assets were in domestic equities, with 1.1% in cash.
The fund has returned 12.2% in the last 6 months and -0.5% in the last year, since inception the CAGR is about 5.5%.
The fund's performance lags behind older manufacturing funds like ICICI Pru and Kotak Manufacture.
- Who
- HDFC Manufacturing Fund
- What
- Performance of the HDFC Manufacturing Fund
- When
- Launched in May 2024, performance data as of August 13, 2025
- Where
- India
- Why
- To assess the fund's performance and compare it to its peers
Market Risks
Fund Strategy
AUM
Market Risks
Large AUM can create difficulties, as entering and exiting smaller companies becomes more difficult.
Fund Strategy
A large AUM doesn't always indicate success.
- Launch Date
- May 2024
- Fund Type
- Thematic Fund
- AUM
- Over Rs 118 billion
- Investment Objective
- Capital appreciation from manufacturing companies
- Domestic Equities
- 98.1% of assets (July 2025)
- 6-Month Return
- 12.2%
- 1-Year Return
- -0.5%
- CAGR (Since Inception)
- 5.5%