Nippon India Nifty India Manufacturing Index Fund

Equity

Nippon Mutual Fund

Index Funds

Get the latest NAV of Nippon India Nifty India Manufacturing Index Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.28

▼-0.2%1D

NAV as on 17 Mar 2026

1.44%/per year

Since Inception

Absolute Gain%

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366 people have invested ₹ 17.5L in Nippon India Nifty India Manufacturing Index Fund in the last three months

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
Nippon India Nifty India Manufacturing Index Fund	-	40Cr	0.25%	-	-	--	--	--	--	--
DSP Nifty 50 Equal Weight Index Fund	3/22	2,471Cr	0.41%	10.86%	17.2%	--	--	1.03	1.69	--
UTI Nifty200 Momentum 30 Index Fund	-	8,712Cr	0.44%	7.46%	17%	-0.27	1.00	0.83	1.26	-1.50
Motilal Oswal Nifty India Defence Index Fund	-	4,087Cr	0.58%	39.27%	-	--	--	--	--	--

See all

Nippon India Nifty India Manufacturing Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Nippon India Nifty India Manufacturing Index Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap

71.6%

Mid cap

25.3%

Small cap

2.9%

Mid Cap allocation has gone up from 25.3% to 25.3%

Large Cap allocation has gone down from 71.7% to 71.6%

Small Cap allocation has gone down from 2.9% to 2.9%

Cash allocation has gone up from 0.1% to 0.2%

Nippon India Nifty India Manufacturing Index Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Top 3 Sectors in February were Consumer Cyclical, Basic Materials & Industrial

Feb'26

Consumer Cyclical

28%

Basic Materials

23%

Industrial

22%

Jan'26

Consumer Cyclical

28%

Basic Materials

23%

Industrial

22%

Nippon India Nifty India Manufacturing Index Fund Holdings Details

as on (28-Feb-26)

Holdings	Weight%	1M Change
Sun Pharmaceuticals Industries Ltd	4.76%	4.1%
Tata Steel Ltd	4.54%	4.1%
Mahindra & Mahindra Ltd	4.52%	4.1%
Maruti Suzuki India Ltd	4.32%	4.1%
Reliance Industries Ltd	4.31%	4.1%

See all

Top Stocks bought last month

Bharat Forge Ltd's allocation increased from 1.04% to 1.32%

Tata Steel Ltd's allocation increased from 4.33% to 4.54%

Cummins India Ltd's allocation increased from 1.44% to 1.64%

Top Stocks sold last month

Mahindra & Mahindra Ltd's allocation decreased from 4.79 % to 4.52 %

Maruti Suzuki India Ltd's allocation decreased from 4.45 % to 4.32 %

Reliance Industries Ltd's allocation decreased from 4.53 % to 4.31 %

Nippon India Nifty India Manufacturing Index Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.25%
Benchmark	Nifty India Manufacturing TR INR
AUM	₹40 Cr
Inception Date	26 August, 2025
Min Lumpsum/SIP	₹1,000/₹100
Exit Load	0%
Lock In	No Lock-in
TurnOver	0%
Risk	Very High Risk

About Nippon India Nifty India Manufacturing Index Fund

Nippon India Nifty India Manufacturing Index Fund is an equity fund. This fund was started on 26 August, 2025. The fund is managed by Himanshu Mange. The fund could potentially beat inflation in the long-run.

Key Parameters

Nippon India Nifty India Manufacturing Index Fund has ₹40 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
The fund has an expense ratio 0.3.

Returns

Nippon India Nifty India Manufacturing Index Fund has given a CAGR return of 1.44% since inception.

Holdings

Nippon India Nifty India Manufacturing Index Fund has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Basic Materials, Industrial, Health, Energy, Tech, Utilities, Real Estate. Its top holdings are Sun Pharmaceuticals Industries Ltd, Tata Steel Ltd, Mahindra & Mahindra Ltd, Maruti Suzuki India Ltd, Reliance Industries Ltd

Taxation

As it is a index funds 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.

Investment objective of Nippon India Nifty India Manufacturing Index Fund

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty India Manufacturing Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Nifty India Manufacturing Index Fund has no lock in period.

Fund Manager

Himanshu Mange

Fund Manager of Nippon India Nifty India Manufacturing Index Fund, since 26 August 2025

Learn more about Nippon Mutual Fund

Parameters	Feb'26	Jan'26	Dec'25
AUM	₹ 40.1 Cr	₹ 36.8 Cr	₹ 38.1 Cr

AUM of the fund stands at 40.1 Cr as of Feb'26
AUM increased by 3.3 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Nippon India Nifty India Manufacturing Index Fund

How do I invest in Nippon India Nifty India Manufacturing Index Fund?

INDmoney makes it simple to invest in the Nippon India Nifty India Manufacturing Index Fund. To do so, follow the steps below:

Download the INDmoney app.
Search for ‘Nippon India Nifty India Manufacturing Index Fund’.
Select whether you want to invest in SIP or lump sum.
Enter the amount you wish to invest.
Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Nifty India Manufacturing Index Fund?

The NAV of the fund today is ₹10.28. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of Nippon India Nifty India Manufacturing Index Fund?

The fund managers are Himanshu Mange.

What is the expense ratio of the fund?

The expense ratio is 0.25%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹40 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Nifty India Manufacturing Index Fund?

The top 3 holdings of the fund are Sun Pharmaceuticals Industries Ltd(4.76%), Tata Steel Ltd(4.54%), Mahindra & Mahindra Ltd(4.52%)