Thematic Funds : Manufacturing fund
| Fund Name | Year Of inception | Fund rating ( Crisil rated ) | Portfolio Size ( In Cr ) | Expense ratio | PE ratios | Exit load |
| Bank of India Mfg & Infra Gr | 2010 | 5 | 528.69 cr | 2.42 | 22.53 | 1.00% – 0-1 years |
| ABSL Manufacturing Equity Reg Gr | 2015 | – | 1255.43 cr | 2.22 | 33.51 | 1.00% – 0-90 days |
| ICICI Pru Manufacturing Fund | 2018 | – | 7041.78 cr | 1.80 | 23.34 | 1.00% – 0-1 years |
| Kotak Manufacture in India Fund Reg Gr | 2022 | – | 2617.97cr | 1.96 | 19.75 | 1.00% – 0-1 years |
| Quant Manufacturing Fund Reg Gr | 2023 | – | 1090.88 cr | 2.17 | 28.41 | 1.00% – 0-15 days 0.00% – >15 days |
| Axis India Manufacturing Reg Gr | 2023 | – | 6517.72 cr | 1.76 | 20.50 | 1.00% – 0-12 months |
| Baroda BNP Paribas Manufacturing Fund Reg Gr | 2024 | – | 1533.19 cr | 2.04% | 20.06 | 1.00% – 0-1 years |
| Canara Robeco Manufacturing Reg Gr | 2024 | – | 1767.98 cr | 2.03% | 35.13 | 1.00% – 0-1 months 0.00% – >1 months |
| HDFC Manufacturing fund Reg Gr | 2024 | – | 13630.95 cr | 1.67% | 17.90 | 1.00% – 0-1 months 0.00% – >1 months |
| Invesco India Manufacturing Fund Reg Gr | 2024 | – | 800 cr | 2.27% | 42.97 | 0.50% – 0-3 months 0.00% – >3 months |
| Mahindra Manulife Manufacturing Fund Reg Gr | 2024 | – | 884.52 cr | 2.21% | 19.12 | 0.50% – 0-3 months 0.00% – >3 months |
| Motilal Oswal Manufacturing Fund Reg Gr | 2024 | – | 678.53 cr | 2.37% | 46.83 | 1.00% – 0-3 months 0.00% – >3 months |
Bank of India Mfg & Infra Gr:
The earliest of the funds in India, launched in 2010, this fund falls into two themes: Manufacturing and infrastructure. The fund is 5 star rated by Crisil. The fund size is very small at 528.69 cr. High expense ratio of 2.42. PE of the fund is 22.53. The fund has exit load of 1% for investment upto 1 year.
ABSL Manufacturing Equity Reg Gr :
The fund was launched in the year 2015, was able to garner decent fund size of 1255.43 cr. The fund is 2.22 of expense ratio The PE is bit on the higher side 33.51. Exit load of 1% 0-90 days.
ICICI Pru Manufacturing Fund :
This fund was launched in the year 2018, has the second highest fund size in the category at 7041.78 cr. The Expense ratio is limited at 1.80. PE Aligned with the category at 23.34. Exit load is 1% for upto 1 year.
Kotak Manufacture in India Fund Reg Gr:
The fund was launched in the year 2022, It was able to garner decent fund size of 2617.97 cr. The Expense ratios of 1.96 and the PE of the fund is at 19.75 is quite great. The exit load is 1% for upto 1 year.
Quant Manufacturing Fund Reg Gr :
This fund was launched last year, 2023, fund size is 1090.88 cr. The fund has a high expense ratio of 2.17. High PE of 28.41. Exit laid for the fund is 1% for 15 days .
Axis India Manufacturing Reg Gr :
The fund was launched in the year 2023, the fund size is quite good of 6517.72 cr. The expense ratio is quite low at 1.76. The fund PE is 20.50 which again is decent. Exit load of the fund is 1 % for 12 months
Baroda BNP Paribas Manufacturing Fund Reg Gr :
The fund was launched in the year 2024, fund size of 1533.19 cr. The expense ratio is 2.04%. The PE is good at 20.06. The exit load of the fund is 1% for 1 year.
Canara Robeco Manufacturing Reg Gr :
The fund was launched in 2024, with a small fund size of 1767.98 cr. The expense ratio of 2.03. The fund has a very high PE of 35.13%. Exit load of the fund is 1% for 1 month.
HDFC Manufacturing fund Reg Gr :
The fund was launched in the year 2024, but it garnered the highest fund of 13630.95 cr. The expense ratio is 1.67% . The fund PE is decent at 17.90. Exit load of 1% before 1 month.
Invesco India Manufacturing Fund Reg Gr :
The fund was launched in 2024, with a small fund size of 800 cr. The expense ratio of the fund is 2.27%. The fund has a very high PE of 42.97%. Exit load of the fund is 0.5% before 3 months.
Mahindra Manulife Manufacturing Fund Reg Gr :
The fund was launched in 2024, Small fund size of 678.53 cr. The fund has a high expense ratio of 2.37%. PE is very high at 46.83. The fund has an exit load of 1% for 3 months.
Trailing Returns :
| Scheme | 1 month | 3 months | 6 months | 1 year | 3 years | 5 years | 7 years | 10 years |
| Bank of India Manufacturing and Infrastructure Fund (G) | -0.04 | -0.71 | 13.53 | 46.83 | 25.01 | 30.26 | 18.29 | 17.06 |
| Aditya Birla SL Manufacturing Equity Fund Reg (G) | -0.72 | 2.82 | 16.98 | 46.35 | 17.38 | 20.41 | 12.7 | |
| ICICI Pru Manufacturing Fund Reg (G) | -1.71 | -2.4 | 10.63 | 48.04 | 24.75 | 26.92 | ||
| Kotak Manufacture in India Fund Reg (G) | -1.11 | -1.76 | 12.13 | 41.26 | ||||
| Quant Manufacturing Fund Reg (G) | -2.22 | -3.09 | 13.18 | 52.18 | ||||
| Axis India Manufacturing Fund Reg (G) | -2.54 | -0.79 | 15.35 | |||||
| Baroda BNP Paribas Manufacturing Fund Reg (G) | -1.53 | -0.53 | ||||||
| Canara Robeco Manufacturing Fund Reg (G) | -1.19 | 0.56 | 17.99 | |||||
| HDFC Manufacturing Fund Reg (G) | -2.56 | -1.78 | ||||||
| Invesco India Manufacturing Fund Reg (G) | 2.76 | |||||||
| Mahindra Manulife Manufacturing Fund Reg (G) | -2.05 | -2.03 |
1 months Trailing
1st quartile : 3.75 to 6 : Motilal Oswal Manufacturing Fund Reg (G)
2rd quartile : 1.5 to 3.75 : Bank of India Manufacturing and Infrastructure Fund (G), Invesco India Manufacturing Fund Reg (G)
3rd quartile: – 0.75 to 1.5 : Aditya Birla SL Manufacturing Equity Fund Reg (G),
4th quartile : -3 to -0.75 : ICICI Pru Manufacturing Fund Reg (G), Kotak Manufacture in India Fund Reg (G), Quant Manufacturing Fund Reg (G), Axis India Manufacturing Fund Reg (G), Baroda BNP Paribas Manufacturing Fund Reg (G), Canara Robeco Manufacturing Fund Reg (G), HDFC Manufacturing Fund Reg (G), Mahindra Manulife Manufacturing Fund Reg (G)
3 months Trailing
1st quartile : 1.25- 3 : Aditya Birla SL Manufacturing Equity Fund Reg (G)
2rd quartile : -0.5 to 1.25 : Canara Robeco Manufacturing Fund Reg (G)
3rd quartile: -2.25 to -0.5 : Bank of India Manufacturing and Infrastructure Fund (G),Kotak Manufacture in India Fund Reg (G), Axis India Manufacturing Fund Reg (G), Baroda BNP Paribas Manufacturing Fund Reg (G), HDFC Manufacturing Fund Reg (G)
4th quartile : -4 to – 2.25 – ICICI Pru Manufacturing Fund Reg (G),Quant Manufacturing Fund Reg (G), Mahindra Manulife Manufacturing Fund Reg (G)
6 months trailing
1st quartile : 16-18% : Canara Robeco Manufacturing Fund Reg (G), Aditya Birla SL Manufacturing Equity Fund Reg (G)
2rd quartile : 14-16% : Axis India Manufacturing Fund Reg (G)
3rd quartile : 12-14% : Bank of India Manufacturing and Infrastructure Fund (G), Quant Manufacturing Fund Reg (G), Kotak Manufacture in India Fund Reg (G)
4th quartile : 10-12% : ICICI Pru Manufacturing Fund Reg (G)
1 year trailing
1st quartile : 50-53% : Quant Manufacturing Fund Reg (G)
2rd quartile : 47-50% : ICICI Pru Manufacturing Fund Reg (G)
3rd quartile : 44-47%:Bank of India Manufacturing and Infrastructure Fund (G), Aditya Birla SL Manufacturing Equity Fund Reg (G)
4th quartile : 41- 44%: Kotak Manufacture in India Fund Reg (G)
3 years Trailing
Top : Bank of India Manufacturing and Infrastructure Fund (G)
Second : ICICI Pru Manufacturing Fund Reg (G)
Third : Aditya Birla SL Manufacturing Equity Fund Reg (G)
Rest of the fund do not have history
5 years Trailing
Top : Bank of India Manufacturing and Infrastructure Fund (G)
Second : ICICI Pru Manufacturing Fund Reg (G)
Third : Aditya Birla SL Manufacturing Equity Fund Reg (G)
Rest of the fund do not have history
Rolling returns
| Scheme | Average | Median | MaximumReturn % | Minimum | Less than 0% | 0-8% | 8-12% | 12-15%Return Consistency (% of times) | 15-20% | Greater Than 20% |
| Bank of India Manufacturing and Infrastructure Fund (G) | 15.26 | 14.97 | 34.21 | -2 | 1.13 | 16.32 | 18.86 | 13.83 | 26.93 | 22.92 |
| Aditya Birla SL Manufacturing Equity Fund Reg (G) | 10.49 | 10.04 | 23.14 | -1.52 | 0.63 | 38.47 | 23.92 | 20.74 | 8.18 | 8.07 |
| ICICI Pru Manufacturing Fund Reg (G) | 24.63 | 24.7 | 30.38 | 17.63 | 0 | 0 | 0 | 0 | 17.92 | 82.08 |
We have considered rolling returns for the fun starting year 2015 , and 5 years rolling period.
20%>
ICICI Pru Manufacturing Fund Reg (G) has given these results more than 80% of times.
Bank of India Manufacturing and Infrastructure Fund (G) has delivered for 22.92 % of the times.
Aditya Birla SL Manufacturing Equity Fund Reg (G) has delivered the results for 8 % of times
15% > Is the returns that we look forward to
ICICI Pru Manufacturing Fund Reg (G) has given these results more than 100% of times.
Bank of India Manufacturing and Infrastructure Fund (G) has delivered for 49.85 % of the times.
Aditya Birla SL Manufacturing Equity Fund Reg (G) has delivered the results for 16.25% of times
Vs Benchmark
| Scheme | 1 year | 3 years | 5 years | 10 years |
| Bank of India Manufacturing and Infrastructure Fund (G) | 46.83 | 25.01 | 30.26 | 17.06 |
| Aditya Birla SL Manufacturing Equity Fund Reg (G) | 46.35 | 17.38 | 20.41 | |
| ICICI Pru Manufacturing Fund Reg (G) | 48.04 | 24.75 | 26.92 | |
| Kotak Manufacture in India Fund Reg (G) | 41.26 | |||
| Quant Manufacturing Fund Reg (G) | 52.18 | |||
| NIFTY 500 TRI | 33.93 | 15.16 | 19.71 | 14.25 |
Ratios :
| Fund Name | Alpha 3Y | Beta 3Y | Std deviation 3Y | Sharpe Ratio 3Y | Sortino Ratio |
| Bank of India Manufacturing and Infrastructure Fund (G) | 9.31 | 0.99 | 14.87 | 1.27 | 2.28 |
| Aditya Birla SL Manufacturing Equity Fund Reg (G) | 1.21 | 1.01 | 13.75 | 0.97 | 1.98 |
| ICICI Pru Manufacturing Fund Reg (G) | 9.56 | 0.95 | 13.40 | 1.57 | 3.14 |
| Kotak Manufacture in India Fund Reg (G) | – | – | – | – | – |
| Quant Manufacturing Fund Reg (G) | – | – | – | – | – |
| Axis India Manufacturing Fund Reg (G) | – | – | – | – | – |
| Baroda BNP Paribas Manufacturing Fund Reg (G) | – | – | – | – | – |
| Canara Robeco Manufacturing Fund Reg (G) | – | – | – | – | – |
| HDFC Manufacturing Fund Reg (G) | – | – | – | – | – |
| Invesco India Manufacturing Fund Reg (G) | – | – | – | – | – |
| Mahindra Manulife Manufacturing Fund Reg (G) | – | – | – | – | – |
Fund managers Longevity :
Bank of India Mfg & Infra Gr:
The fund is being managed by the 1 fund manager Mr Nitin Gosar, he has been managing the fund for about 2 years now. With a total experience of 7 years.
ABSL Manufacturing Equity Reg Gr :
The fund is being managed by 1 fund manager Mr Harish , he is the CO CIO at ABSL He had spent almost 1.5 years with the AMC and the fund. He was earlier with Kotak and has close 19 years of experience in fund management. Managing 4-5 funds in the AMC.
ICICI Pru Manufacturing Fund :
The fund is being managed by 3 fund managers. Mr Anish is the Co CIO of the ICICI MF and has been managing this fund for 6 years , almost since inception. Ms Sharmila is another senior fund manager but she has a lot of funds to manage.
Kotak Manufacture in India Fund Reg Gr:
The fund is being managed by 2 fund managers, one of the managers is managing a lot of funds , but has been associated with this fund from inception . The other fund manager is the CIO Harsha Updadhaya of the fund. He started managing the fund in the last year. Both are very experienced fund managers as can be seen.
Quant Manufacturing Fund Reg Gr :
The fund since its launch is being managed by 4 fund managers, Including the CIO Mr Sandeep Tandon. All are having a lot of funds to manage in the portfolio. Industry experience wise the team has experience ranging from 7 to 26 years.
Axis India Manufacturing Reg Gr :
The fund is being managed by 2 fund managers, since inception in 2023,Mr. Shreyash is head of equities and manages a lot of funds, he has industry experience of about 19 years.. Mr NItin is a fund manager with almost 7 years of industry experience and he is also managing about 6-7 funds.
Baroda BNP Paribas Manufacturing Fund Reg Gr :
The fund is being managed by 2 fund managers, it started with 2 fund managers but there was a recent change in the fund managers. Mr Jitendra sriram has 28 years experience in industry and with AMC for almost 3 years and managing almost 4 funds in the AMC. Mr Kushant Arora, has been in the industry for 5 years and has started managing this fund in the last few months. He is mamagig about 3 funds with AMC.
Canara Robeco Manufacturing Reg Gr :
The fund is being managed by 2 fund managers. Mr Shridatta Bhandwalder, is head of equity and has industry experience of 19 years, amc for 8.5 years. He is managing a lot of funds in the portfolio. Mr Paranav Gokhale is another manager with experince of 21 years in the industry but with AMC joined a year back and since he is handling the fund. He is handling around 4-5 funds.
HDFC Manufacturing fund Reg Gr :
The fund has been managed by 2 funds since its launch in 2024. Mr Rakesh Sethia, He has industry experience of 18 years. With the AMC for about 5 years in research , now he has donned the cap to manage the fund and this is the solo fund he is managing. Mr Dhruv Muchhal has 12 years industry experience. He has been with the AMC for more than 5 years now. He is currently managing a lot of funds in the AMC.
Invesco India Manufacturing Fund Reg Gr :
The fund has been managed by 2 fund managers since inception in 2024. Mr Amit Ganaatra Is the Head of equities at the AMC , with industry experience spanning about 22 years of which had to stints with AMC almost 16 years. He manages around 6 funds in the AMC. Mr Dhimant Kothari , he has industry experience of about 20 years of which 14 years he has been with invesco. He is handling close to 8 funds in the AMC.
Mahindra Manulife Manufacturing Fund Reg Gr :
The fund is being managed by 3 fund managers. Mr Ranjith has industry experience of about 13 years in research and with 3 years in AMC. he is managing about 4 funds in the AMC.
Mr Manish Lodha has experience of about 20 years and with the AMC for 4 years. He is managing just 2 funds at the AMC.
Mr Paranav Patel has 1 year industry experience in managing a lot of strategies in the AMC.
Portfolio :
| Fund Name | Strategy | Top Sectors( %) | Top Stock( %) | Allocation( %) | No of Stocks | Portfolio Churn( %) |
| Bank of India Manufacturing and Infrastructure Fund (G) | Growth , momentum, quality | Industrial : 24.1 Materials : 19.38 Consumer discretionary : 14.54 Energy & Utility : 13.15 | NTPC : 6.08 L&T : 5.29 Vedanta : 4.27 Reliance : 3.87 | Large cap : 39.14 Mid Cap : 31.84 Small cap : 21.22 Debt : 0.02 Cash : 7.78 | 69 | 85 |
| Aditya Birla SL Manufacturing Equity Fund Reg (G) | Growth, Quality | Industrial :31.17 Consumer discretionary : 22.87 Materials : 21.59 Consumer staples : 9.39 | L&T : 5.69 Reliance : 4.04 M&M : 3.39 Voltas : 3.28 | Large cap : 44.30 Mid Cap : 37.46 Small cap : 16.34 Debt : 0 Cash : 1.9 | 69 | 14 |
| ICICI Pru Manufacturing Fund Reg (G) | Growth , momentum, quality | Materials : 36.2 Consumer discretionary : 25.27 Industrial : 21.29 Healthcare : 3.04 | Ultra tech : 6.19 Sun pharma : 5.22 Maruti suzuki : 4.53 LT : 4.32 | Large cap : 65.11 Mid Cap : 28.07 Small cap : 4.46 Debt : 0.07 Cash : 2.29 | 87 | 57 |
| Kotak Manufacture in India Fund Reg (G) | Quality, growth | Consumer discretionary : 23.11 Industrial : 20.77 Materials : 17.91 Healthcare : 17.16 Energy : 13.18 | Sun pharma : 5.32 Reliance ind : 4.11 Tata Steel : 3.36 Hindalco inds : 2.82 | Large cap : 65 Mid Cap :24.65 Small cap : 8.11 Debt : 0.38 Cash : 1.86 | 58 | 15 |
| Quant Manufacturing Fund Reg (G) | Blend value and growth | Materials : 30.2 Consumer staples :16.86 Consumer discretionary : 16.09 Energy & utility : 12.63 Health care : 11.77 | Reliance : 9.51 ITC : 9.26 Samvardhan Motherson : 7.93 Grasim : 6.72 Aurobindo pharma : 6.47 | Large cap : 45.23 Mid Cap :23.06 Small cap : 28.33 Debt : 0 Cash : 3.38 | 26 | 94 |
| Axis India Manufacturing Fund Reg (G) | Growth | Consumer discretionary : 24.4 Industrial : 20.45 Health Care : 17.03 Materials : 14.65 | M&M : 6.07 Sun : 3.80 TATA motors : 3.13 Baja Auto : 2.76 | Large cap :66.89 Mid Cap :21.89 Small cap : 5.62 Debt : 4.7 Cash : 0.9 | 87 | 6 |
| Baroda BNP Paribas Manufacturing Fund Reg (G) | Growth | Consumer discretionary : 22.39 Healthcare : 20.13 Industrial : 18.64 Materials : 17.56 Energy : 12.36 | Divi : 7.42 Reliance : 6.71 Sun pharma : 5.24 Bosch : 4.64 M&M: 3.44 | Large cap : 57.65 Mid Cap :30.40 Small cap : 7.44 Debt : 5.34 Cash : -0.83 | 52 | 0 |
| Canara Robeco Manufacturing Fund Reg (G) | Growth | Industrial : 32.17 Materials : 23.1 Consumer discretionary : 20.86 | M&M: 3.79 Bharat Electronics : 3.54 Maruti suzuki: 3.07 Bajaj Auto : 3.01 | Large cap : 51.04 Mid Cap :34.66 Small cap : 11.13 Debt : 0 Cash : 3.17 | 66 | 68 |
| HDFC Manufacturing Fund Reg (G) | Blend of growth and value | Consumer discretionary : 27.13 Healthcare : 23.01 Industrial : 17.55 Material : 17.19 | Sun pharma : 5.36 M& M : 4.86 TATA motors: 4.31 Maruti Suzuki : 4.08 CIpla : 3.46 | Large cap : 69.11 Mid Cap :19.94 Small cap : 8.89 Debt : 0.56 Cash : 1.5 | 94 | – |
| Invesco India Manufacturing Fund Reg (G) | Growth | Health Care : 25.83 Industrial : 24.68 Consumer discretionary : 20.99 Materials: 12.07 | Divi Lab : 4.33 Mankind Pharma : 4.13 Kaynes : 3.87 M&M : 3.64 | Large cap : 42.86 Mid Cap :46.49 Small cap : 9.39 Debt : 0 Cash : 1.26 | 61 | – |
| Mahindra Manulife Manufacturing Fund Reg (G) | Growth | Materials : 22.8 Consumer discretionary : 21.58 Industrial : 21.46 Energy and utilities : 13.96 Consumer staples : 10.8 | ITC : 4.42 M& M : 3.27 Deepak Fertilizer : 2.86 Reliance : 2.80 S montherson : 2.64 | Large cap : 57.82 Mid Cap :20.14 Small cap : 20.40 Debt : 0 Cash : 1.64 | 59 | – |
Result:
Most of the funds are very recent in the category, so not much historical data is present to analyse the funds. Though all the fund were able to deliver results beyond the benchmark. More time would be required to know how the fund mangers are bale to deliver returns in this category.
Before taking a call into the investing any thematic fund do check if you aseet allocation allows you to invest into this fund category
You can reach us to help you design the best fund portfolio , so that you get best results according to your need and assessment.( you can reach us : https://wa.me/message/LC5W5ZNTPSJ5L1)
