ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl

ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 12 October, 2018. The fund is managed by Anish Tawakley, Lalit Kumar. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl has ₹6162 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.9.
   

ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 20.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.66%, 27.02% and 32.78% respectively.

ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Basic Materials, Consumer Cyclical, Industrial, Energy, Consumer Defensive, Health, Utilities. Its top holdings are UltraTech Cement Ltd, Siemens Ltd, Mahindra & Mahindra Ltd, JSW Steel Ltd, Cummins India Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to generate long term capital appreciation by creating a portfolio that is invested predominantly in equity and equity related securities of companies engaged in manufacturing theme. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Manufacturing Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.