| Launch date | NA |
| Allotment date | NA |
| End date | NA |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.77%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 month.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Dhruv MuchhalApr 2024 - PresentView details
Rakesh SethiaApr 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #2 in India |
|---|---|
| Total AUM | ₹8,75,194.43Cr |
| Date of Incorporation | 10 Dec 1999 |
|---|
HDFC Manufacturing Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Dhruv Muchhal is the Current Fund Manager of HDFC Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹8,75,194 Cr and the Latest NAV as of 19 Sep 2025 is ₹11.47. The HDFC Manufacturing Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 1 month. ;
Investment Objective
The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the manufacturing activity. ;
| Fund benchmark | Nifty India Manufacturing Index |
|---|