Investment Objective
HDFC Manufacturing Fund aims to generate long-term capital appreciation for its investors by investing predominantly in equity and related equity securities of companies engaged in the manufacturing activity.
Investment Strategies
- HDFC Manufacturing Fund invests at least 80% of its net assets in equity & equity-related securities of companies engaged in the manufacturing sector.
- The fund follows a bottom-up approach for stock selection, preferring companies having the potential for long term growth
- The fund seeks to maintain a well-diversified portfolio to mitigate risks effectively.
- The fund retains the flexibility to invest in manufacturing companies across market capitalisation to capture opportunities.
Who Should Invest
- Investors who want to invest in companies engaged in the manufacturing sector, which are positioned to benefit from the Government’s Make in India initiatives.
- Investors having a higher risk appetite and who understand that the thematic nature of the fund carries higher concentration and theme-specific risks than diversified equity mutual funds.
Frequently Asked Questions
What is the risk level of HDFC Manufacturing Fund?
As per the fund factsheet published by the fund house, HDFC Manufacturing Fund is considered to carry ‘Very High Risk’ for its investors.
Is there any lock-in period in the HDFC Manufacturing Fund?
HDFC Manufacturing Fund has no lock-in period for its investors. The investors of this fund are free to make redemption requests on any date as per their requirements.
What type of mutual fund is the HDFC Manufacturing Fund?
HDFC Manufacturing Fund is an open-ended equity mutual fund scheme belonging to the thematic fund category. The fund predominantly invests in companies engaged in manufacturing activities.
Is the HDFC Manufacturing Fund open-ended or close-ended?
HDFC Manufacturing Fund is an open-ended equity mutual fund scheme.
What is the benchmark index for this HDFC Manufacturing Fund?
NIFTY India Manufacturing Index is the benchmark index of HDFC Manufacturing Fund.
