Nippon India Nifty India Manufacturing Index Fund Regular Growth is a mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 26 August 2025 and is managed by Himanshu Mange. As of 15 October 2026, the fund has an AUM of ₹40.82 Cr and its latest NAV is ₹10.50. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹1,000.
The fund primarily invests in Consumer Cyclical, Industrials, and Basic Materials and its top holdings include Mahindra & Mahindra Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd, Maruti Suzuki India Ltd, and Tata Steel Ltd. The fund has delivered 1.2% returns over the last 1 year and 4.2% annualised returns since inception.
Nippon India Nifty India Manufacturing Index Fund Regular Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






