ICICI Prudential Manufacturing Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹38.10+0.74%1 day
- Return since launch
- 17.8%
- 52-week range
- ₹32.93 — ₹40.45
- AUM
- ₹6,918 Cr
ICICI Prudential Manufacturing Fund is a Thematic-Manufacturing equity fund from ICICI Prudential Mutual Fund with ₹6,918 Cr under management, launched in 2018. Over three years it has returned 8.7% a year, against 17.5% for its category. The expense ratio is 2.12% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Manufacturing Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% against +4.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.1% | −2.5 pts | 8.7% | 7.2% |
| 2Y | 8.5% | −2.3 pts | 10.8% | 7.8% |
| 3Y | 8.7% | −8.8 pts | 17.5% | 8.0% |
| 5Y | 16.4% | +1.4 pts | 15.0% | 13.7% |
| 7Y | 20.0% | +1.5 pts | 18.6% | 16.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.3% | +0.2 pts | 4.2% | 4.5% |
| 3M | -5.8% | −3.0 pts | -2.8% | -3.5% |
| 6M | 1.1% | −3.0 pts | 4.0% | 3.2% |
| 1Y | 5.8% | −2.8 pts | 8.7% | 4.5% |
| 2Y | 5.7% | −0.6 pts | 6.3% | 4.5% |
| 3Y | 17.3% | −0.2 pts | 17.5% | 15.6% |
| 5Y | 16.4% | +1.4 pts | 15.0% | 12.9% |
| 7Y | 20.4% | +1.8 pts | 18.7% | 17.2% |
Since launch (21 Sep 2018): 17.8%
Calendar-year returns
Category average13.6%
45.2%
7.7%
47.2%
21.4%
9.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 9.2% | +3.9 pts | 5.3% |
| 2024 | 21.4% | −5.3 pts | 26.6% |
| 2023 | 47.2% | +10.2 pts | 37.0% |
| 2022 | 7.7% | +3.7 pts | 4.0% |
| 2021 | 45.2% | +10.4 pts | 34.8% |
| 2020 | 13.6% | −7.5 pts | 21.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.08%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.55%
- Brokerage
- 0.07%
- Transaction charges
- 0.01%
- Statutory levies
- 0.45%
- Exit load
- Exit load of 1% if redeemed within 1 month.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty India Manufacturing TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 5.67 | 6.42 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.10 | 1.02 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.62 | 0.66 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.92 | 0.91 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.63 | 17.65 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Manufacturing Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.0%
- Debt0.2%
- Other2.9%
Market cap split
- Large52.5%
- Mid23.3%
- Small24.2%
- P/E
- 25.32
- P/B
- 3.48
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reliance Industries Ltd. | Energy | 5.90% | ₹408 Cr | +3.95% | +2.12% | +1.91% |
| Mahindra & Mahindra Ltd. | Automobile | 5.16% | ₹357 Cr | +4.92% | +5.46% | +5.17% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 4.67% | ₹323 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.91% | ₹271 Cr | +4.06% | +1.10% | +0.89% |
| Maruti Suzuki India Ltd. | Automobile | 3.91% | ₹270 Cr | +2.73% | +2.45% | +1.36% |
| Larsen & Toubro Ltd. | Construction | 3.31% | ₹229 Cr | +3.97% | +1.20% | +0.73% |
| Hyundai Motor India Ltd. | Automobile | 3.23% | ₹224 Cr | +3.07% | +1.39% | — |
| JSW Steel Ltd. | Metals & Mining | 3.03% | ₹210 Cr | +3.00% | +3.20% | +3.45% |
| Samvardhana Motherson International Ltd. | Automobile | 2.99% | ₹207 Cr | +2.74% | +2.27% | +2.03% |
| Others | Others | 2.88% | ₹199 Cr | +1.41% | +1.64% | +0.32% |
| Ultratech Cement Ltd. | Materials | 2.85% | ₹197 Cr | +2.96% | +3.30% | +4.88% |
| Voltamp Transformers Ltd. | Capital Goods | 2.76% | ₹191 Cr | +2.76% | — | — |
| Cummins India Ltd. | Capital Goods | 2.65% | ₹184 Cr | +2.96% | +4.37% | +3.92% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.43% | ₹168 Cr | +1.38% | — | — |
| Supreme Industries Ltd. | Materials | 2.41% | ₹167 Cr | +1.41% | +1.95% | +1.48% |
| Jindal Stainless Ltd. | Metals & Mining | 2.29% | ₹159 Cr | +2.15% | +2.38% | +2.56% |
| Siemens Energy India Ltd. | Energy | 2.25% | ₹156 Cr | +3.06% | +2.81% | +2.79% |
| Bharat Electronics Ltd. | Capital Goods | 2.05% | ₹142 Cr | — | — | — |
| PI Industries Ltd. | Chemicals | 2.04% | ₹141 Cr | +2.04% | +1.19% | +1.37% |
| Hindalco Industries Ltd. | Metals & Mining | 1.93% | ₹134 Cr | +1.98% | +1.26% | +1.70% |
| Siemens Ltd. | Capital Goods | 1.91% | ₹132 Cr | +1.87% | +1.78% | +2.02% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.78% | ₹123 Cr | +2.14% | — | — |
| Atul Ltd. | Chemicals | 1.73% | ₹119 Cr | +1.68% | +1.67% | +1.52% |
| Biocon Ltd. | Healthcare | 1.54% | ₹107 Cr | — | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.51% | ₹105 Cr | +1.62% | +1.25% | +1.33% |
| Shree Cement Ltd. | Materials | 1.49% | ₹103 Cr | +1.70% | +0.54% | +0.25% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.34% | ₹93.00 Cr | +1.29% | +0.88% | +1.57% |
| TVS Motor Company Ltd. | Automobile | 1.19% | ₹82.53 Cr | +1.00% | — | — |
| Aarti Industries Ltd. | Chemicals | 1.16% | ₹79.99 Cr | +1.13% | +0.88% | +1.23% |
| Blue Star Ltd. | Consumer Discretionary | 1.15% | ₹79.82 Cr | +1.25% | +1.44% | +1.51% |
| Ambuja Cements Ltd. | Materials | 1.11% | ₹76.48 Cr | +1.26% | +1.40% | +3.30% |
| Gland Pharma Ltd. | Healthcare | 1.00% | ₹69.31 Cr | — | — | — |
| Cipla Ltd. | Healthcare | 1.00% | ₹69.28 Cr | +0.52% | — | — |
| Blue Jet Healthcare Ltd. | Healthcare | 0.98% | ₹67.68 Cr | — | — | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.97% | ₹67.12 Cr | +0.83% | +0.79% | +0.91% |
| V-Guard Industries Ltd. | Consumer Discretionary | 0.97% | ₹67.06 Cr | +0.45% | +0.56% | 0.00% |
| Triveni Turbine Ltd. | Construction | 0.95% | ₹65.81 Cr | +1.23% | +0.59% | +0.38% |
| JSW Cement Ltd. | Materials | 0.93% | ₹64.18 Cr | +1.12% | — | — |
| INDO-MIM Ltd. | Capital Goods | 0.89% | ₹61.63 Cr | — | — | — |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.88% | ₹60.82 Cr | +0.52% | — | — |
| UPL Ltd. | Chemicals | 0.87% | ₹60.41 Cr | +0.93% | — | — |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 0.76% | ₹52.56 Cr | +0.71% | +0.72% | +0.98% |
| K.P.R. Mill Ltd. | Textiles | 0.71% | ₹49.20 Cr | +0.77% | +0.63% | +1.23% |
| Coromandel International Ltd. | Chemicals | 0.64% | ₹44.10 Cr | +0.74% | +0.67% | +0.70% |
| Premier Energies Ltd. | Energy | 0.63% | ₹43.56 Cr | — | — | — |
| Kirloskar Oil Engines Ltd. | Capital Goods | 0.60% | ₹41.55 Cr | — | — | — |
| Hero Motocorp Ltd. | Automobile | 0.57% | ₹39.49 Cr | +0.21% | +0.93% | +1.65% |
| Bajaj Electricals Ltd. | Consumer Discretionary | 0.57% | ₹39.26 Cr | +0.60% | +0.74% | +0.70% |
| TVS Holdings Ltd. | Automobile | 0.56% | ₹38.62 Cr | +1.35% | +1.60% | +1.30% |
| SKF India Ltd. | Capital Goods | 0.56% | ₹38.50 Cr | +0.62% | +0.34% | +1.00% |
| Vesuvius India Ltd. | Capital Goods | 0.54% | ₹37.54 Cr | +0.73% | +0.81% | +0.85% |
| Schaeffler India Ltd. | Capital Goods | 0.53% | ₹36.83 Cr | +1.62% | +1.73% | +2.33% |
| Honeywell Automation India Ltd. | Capital Goods | 0.51% | ₹35.61 Cr | +0.24% | +0.19% | +0.23% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.51% | ₹35.27 Cr | — | +0.12% | +0.24% |
| RHI Magnesita India Ltd. | Capital Goods | 0.51% | ₹35.00 Cr | +0.49% | +0.32% | +0.38% |
| Jubilant Ingrevia Ltd. | Chemicals | 0.50% | ₹34.81 Cr | +0.47% | — | — |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | Chemicals | 0.42% | ₹28.97 Cr | +0.73% | +0.58% | +0.69% |
| Astrazeneca Pharma India Ltd. | Healthcare | 0.38% | ₹26.28 Cr | +0.15% | +0.11% | +0.07% |
| JK Cement Ltd. | Materials | 0.37% | ₹25.58 Cr | +0.94% | +1.03% | +0.31% |
| E.I.D. - Parry (India) Ltd. | Consumer Staples | 0.28% | ₹19.71 Cr | +0.11% | — | — |
| Kalpataru Projects International Ltd. | Capital Goods | 0.28% | ₹19.45 Cr | +0.28% | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.27% | ₹18.54 Cr | +0.25% | +0.28% | +0.38% |
| PCBL Chemical Ltd. | Chemicals | 0.25% | ₹17.25 Cr | — | — | — |
| Anthem Biosciences Ltd. | Healthcare | 0.23% | ₹15.80 Cr | +0.68% | — | — |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 0.23% | ₹15.78 Cr | +0.24% | +0.26% | +0.32% |
| Reserve Bank of India | Financial | 0.14% | ₹10.00 Cr | +0.36% | +0.34% | +0.03% |
| Birla Corporation Ltd. | Materials | 0.13% | ₹9.05 Cr | +0.15% | +0.15% | +0.20% |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.11% | ₹7.60 Cr | +0.13% | — | — |
| Praj Industries Ltd. | Capital Goods | 0.10% | ₹6.80 Cr | — | — | — |
| Sagar Cements Ltd. | Materials | 0.08% | ₹5.39 Cr | +0.09% | +0.09% | +0.14% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Maruti Suzuki India Ltd. | 2.50% | 3.91% | +1.41% |
| Hindustan Aeronautics Ltd. | 1.37% | 0.00% | -1.37% |
| Gland Pharma Ltd. | 0.00% | 1.00% | +1.00% |
| Dr. Reddy's Laboratories Ltd. | 4.02% | 4.67% | +0.65% |
| Premier Energies Ltd. | 0.00% | 0.63% | +0.63% |
| Cipla Ltd. | 0.48% | 1.00% | +0.52% |
| Hero Motocorp Ltd. | 1.05% | 0.57% | -0.48% |
| Anthem Biosciences Ltd. | 0.65% | 0.23% | -0.42% |
| Larsen & Toubro Ltd. | 3.70% | 3.31% | -0.39% |
| Mahindra & Mahindra Ltd. | 5.54% | 5.16% | -0.37% |
| Kirloskar Oil Engines Ltd. | 0.27% | 0.60% | +0.33% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 0.74% | 0.42% | -0.32% |
| Siemens Energy India Ltd. | 2.56% | 2.25% | -0.31% |
| Crompton Greaves Consumer Electricals Ltd. | 0.68% | 0.97% | +0.29% |
| Astrazeneca Pharma India Ltd. | 0.13% | 0.38% | +0.25% |
| PCBL Chemical Ltd. | 0.00% | 0.25% | +0.25% |
| Reliance Industries Ltd. | 6.12% | 5.90% | -0.22% |
| Jindal Stainless Ltd. | 2.08% | 2.29% | +0.22% |
| Sun Pharmaceutical Industries Ltd. | 4.12% | 3.91% | -0.21% |
| INDO-MIM Ltd. | 1.09% | 0.89% | -0.20% |
| Emami Ltd. | 0.19% | 0.00% | -0.19% |
| TVS Motor Company Ltd. | 1.01% | 1.19% | +0.19% |
| Schaeffler India Ltd. | 0.69% | 0.53% | -0.16% |
| Hyundai Motor India Ltd. | 3.38% | 3.23% | -0.15% |
| PI Industries Ltd. | 1.90% | 2.04% | +0.13% |
| V-Guard Industries Ltd. | 1.09% | 0.97% | -0.12% |
| Biocon Ltd. | 1.66% | 1.54% | -0.11% |
| Cummins India Ltd. | 2.74% | 2.65% | -0.09% |
| Siemens Ltd. | 2.00% | 1.91% | -0.08% |
| Blue Star Ltd. | 1.07% | 1.15% | +0.08% |
| Hindalco Industries Ltd. | 2.01% | 1.93% | -0.08% |
| Vesuvius India Ltd. | 0.62% | 0.54% | -0.07% |
| Aarti Industries Ltd. | 1.23% | 1.16% | -0.07% |
| Atul Ltd. | 1.80% | 1.73% | -0.07% |
| JSW Cement Ltd. | 0.99% | 0.93% | -0.07% |
| Carborundum Universal Ltd. | 1.45% | 1.51% | +0.06% |
| Bharat Electronics Ltd. | 2.11% | 2.05% | -0.06% |
| Ratnamani Metals & Tubes Ltd. | 0.71% | 0.76% | +0.05% |
| Godrej Consumer Products Ltd. | 1.82% | 1.78% | -0.04% |
| Vedanta Aluminium Metal Ltd. | 2.47% | 2.43% | -0.04% |
| Ambuja Cements Ltd. | 1.14% | 1.11% | -0.04% |
| Blue Jet Healthcare Ltd. | 1.01% | 0.98% | -0.04% |
| E.I.D. - Parry (India) Ltd. | 0.32% | 0.28% | -0.04% |
| RHI Magnesita India Ltd. | 0.47% | 0.51% | +0.03% |
| Whirlpool Of India Ltd. | 0.23% | 0.27% | +0.03% |
| Triveni Turbine Ltd. | 0.98% | 0.95% | -0.03% |
| TVS Holdings Ltd. | 0.57% | 0.54% | -0.03% |
| Coromandel International Ltd. | 0.67% | 0.64% | -0.03% |
| Tata Motors Passenger Vehicles Ltd. | 0.54% | 0.51% | -0.03% |
| Samvardhana Motherson International Ltd. | 3.01% | 2.99% | -0.02% |
| Alembic Pharmaceuticals Ltd. | 0.86% | 0.88% | +0.02% |
| Ultratech Cement Ltd. | 2.87% | 2.85% | -0.02% |
| K.P.R. Mill Ltd. | 0.73% | 0.71% | -0.02% |
| Bajaj Electricals Ltd. | 0.59% | 0.57% | -0.02% |
| JSW Steel Ltd. | 3.05% | 3.03% | -0.02% |
| Techno Electric & Engineering Company Ltd. | 0.21% | 0.23% | +0.01% |
| Supreme Industries Ltd. | 2.40% | 2.41% | +0.01% |
| Honeywell Automation India Ltd. | 0.53% | 0.51% | -0.01% |
| Harsha Engineers International Ltd. | 0.01% | 0.00% | -0.01% |
| Others | 0.31% | 0.32% | +0.01% |
| JK Cement Ltd. | 0.36% | 0.37% | +0.01% |
| Praj Industries Ltd. | 0.11% | 0.10% | -0.01% |
| Kalpataru Projects International Ltd. | 0.28% | 0.28% | +0.01% |
| Reserve Bank of India | 0.14% | 0.14% | +0.01% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1.35% | 1.34% | -0.01% |
| Motherson Sumi Wiring India Ltd. | 0.11% | 0.11% | 0.00% |
| Voltamp Transformers Ltd. | 2.77% | 2.76% | 0.00% |
| SKF India Ltd. | 0.55% | 0.56% | 0.00% |
| UPL Ltd. | 0.88% | 0.87% | 0.00% |
| Sagar Cements Ltd. | 0.08% | 0.08% | 0.00% |
| Jubilant Ingrevia Ltd. | 0.50% | 0.50% | 0.00% |
| Shree Cement Ltd. | 1.49% | 1.49% | 0.00% |
| Birla Corporation Ltd. | 0.13% | 0.13% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,181 Cr | 1.49% | 11.7% | 11.7% | 16.8% |
 Kotak Manufacture in India Fund | ₹3,132 Cr | 2.07% | 17.8% | 14.1% | — |
 Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,386 Cr | 2.32% | 17.6% | 14.2% | 16.8% |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹122 Cr | 0.43% | 5.5% | 9.2% | — |
 Navi Nifty India Manufacturing Index Fund | ₹83.12 Cr | 1.16% | 5.8% | 9.2% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks 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.
Fund managers
- Roshan ChutkeyRoshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School.He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months1.06% absolute | ₹60,000 | ₹60,636 | 1.06% | |
| 1 year5.83% annualised | ₹1,20,000 | ₹1,23,858 | 3.21% | |
| 3 years17.34% annualised | ₹3,60,000 | ₹4,74,659 | 31.85% | |
| 5 years16.43% annualised | ₹6,00,000 | ₹9,33,809 | 55.63% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Manufacturing Fund?
The NAV of ICICI Prudential Manufacturing Fund is ₹38.10 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Manufacturing Fund?
The expense ratio of ICICI Prudential Manufacturing Fund is 2.12% per year.
What is the minimum SIP amount for ICICI Prudential Manufacturing Fund?
You can start a SIP in ICICI Prudential Manufacturing Fund with ₹3,000 a month.
What returns has ICICI Prudential Manufacturing Fund given?
ICICI Prudential Manufacturing Fund has returned 6.1% over 1 year, 8.7% over 3 years and 16.4% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Manufacturing Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 month..
How risky is ICICI Prudential Manufacturing Fund?
ICICI Prudential Manufacturing Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Manufacturing category.
Which fund house manages ICICI Prudential Manufacturing Fund?
ICICI Prudential Manufacturing Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.