ICICI Prudential Manufacturing Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹38.45+0.55%1 day
- Return since launch
- 18.4%
- 52-week range
- ₹32.93 — ₹40.45
- AUM
- ₹7,175 Cr
ICICI Prudential Manufacturing Fund is a Thematic-Manufacturing equity fund from ICICI Prudential Mutual Fund with ₹7,175 Cr under management, launched in 2018. Over three years it has returned 10.9% a year, against 18.0% for its category. The expense ratio is 2.14% 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 +9.1% against +7.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.7% | −1.6 pts | 11.3% | 9.2% |
| 2Y | 10.0% | −1.7 pts | 11.7% | 8.5% |
| 3Y | 10.9% | −7.1 pts | 18.0% | 9.6% |
| 5Y | 18.0% | +1.8 pts | 16.1% | 14.7% |
| 7Y | 21.2% | +1.3 pts | 20.0% | 17.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.5% | −1.1 pts | -2.4% | -2.8% |
| 3M | 1.4% | −1.5 pts | 2.9% | 2.7% |
| 6M | 14.5% | −3.3 pts | 17.9% | 15.0% |
| 1Y | 9.1% | −2.3 pts | 11.3% | 7.5% |
| 2Y | 2.5% | 0.0 pts | 2.5% | 0.5% |
| 3Y | 18.7% | +0.6 pts | 18.0% | 15.6% |
| 5Y | 17.9% | +1.8 pts | 16.1% | 13.6% |
| 7Y | 20.8% | +1.6 pts | 19.2% | 17.5% |
Since launch (21 Sep 2018): 18.4%
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
2.14%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.55%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.49%
- 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 | 5.66 | 5.61 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.10 | 0.99 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.82 | 0.82 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.16 | 1.06 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.17 | 17.09 | 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 31 Aug 2026
Asset allocation
- Equity96.8%
- Debt0.1%
- Other3.0%
Market cap split
- Large53.7%
- Mid23.3%
- Small23.0%
- P/E
- 26.78
- P/B
- 3.71
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reliance Industries Ltd. | Energy | 6.12% | ₹439 Cr | +2.84% | +1.95% | +1.93% |
| Mahindra & Mahindra Ltd. | Automobile | 5.54% | ₹397 Cr | +4.87% | +5.58% | +4.92% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 4.12% | ₹296 Cr | +3.51% | +0.97% | +0.26% |
| company:953 | Healthcare | 4.02% | ₹289 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 3.70% | ₹266 Cr | +4.43% | +1.31% | +0.73% |
| Hyundai Motor India Ltd. | Automobile | 3.38% | ₹243 Cr | +3.09% | +1.51% | — |
| JSW Steel Ltd. | Metals & Mining | 3.05% | ₹219 Cr | +3.16% | +3.21% | +3.75% |
| Others | Others | 3.02% | ₹217 Cr | +1.42% | +1.46% | +0.09% |
| Samvardhana Motherson International Ltd. | Automobile | 3.01% | ₹216 Cr | +2.72% | +2.56% | +1.81% |
| Ultratech Cement Ltd. | Materials | 2.87% | ₹206 Cr | +3.05% | +3.46% | +5.40% |
| Voltamp Transformers Ltd. | Capital Goods | 2.77% | ₹199 Cr | +2.45% | — | — |
| Cummins India Ltd. | Capital Goods | 2.74% | ₹197 Cr | +4.45% | +4.23% | +4.21% |
| Siemens Energy India Ltd. | Energy | 2.56% | ₹184 Cr | +3.71% | +2.85% | +2.93% |
| Maruti Suzuki India Ltd. | Automobile | 2.50% | ₹180 Cr | +2.26% | +2.63% | +1.27% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.47% | ₹177 Cr | +0.38% | — | — |
| Supreme Industries Ltd. | Materials | 2.40% | ₹172 Cr | +1.60% | +1.84% | +1.60% |
| Bharat Electronics Ltd. | Capital Goods | 2.11% | ₹151 Cr | — | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 2.08% | ₹149 Cr | +2.14% | +2.31% | +2.74% |
| Hindalco Industries Ltd. | Metals & Mining | 2.01% | ₹144 Cr | +1.30% | +1.17% | +2.21% |
| Siemens Ltd. | Capital Goods | 2.00% | ₹143 Cr | +2.01% | +1.84% | +2.06% |
| PI Industries Ltd. | Chemicals | 1.90% | ₹137 Cr | +2.02% | +1.22% | +1.47% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.82% | ₹131 Cr | +2.01% | — | — |
| Atul Ltd. | Chemicals | 1.80% | ₹129 Cr | +1.80% | +1.56% | +1.61% |
| Biocon Ltd. | Healthcare | 1.66% | ₹119 Cr | — | — | — |
| Shree Cement Ltd. | Materials | 1.49% | ₹107 Cr | +1.65% | +0.54% | — |
| Carborundum Universal Ltd. | Metals & Mining | 1.45% | ₹104 Cr | +1.43% | +1.18% | +1.33% |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.37% | ₹97.96 Cr | +1.29% | +1.59% | +3.20% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | 1.35% | ₹96.85 Cr | +1.18% | +0.85% | +1.48% |
| Aarti Industries Ltd. | Chemicals | 1.23% | ₹88.18 Cr | +0.99% | +0.87% | +1.25% |
| Ambuja Cements Ltd. | Materials | 1.14% | ₹82.03 Cr | +1.35% | +1.55% | +3.42% |
| INDO-MIM Ltd. | Capital Goods | 1.09% | ₹78.44 Cr | — | — | — |
| V-Guard Industries Ltd. | Consumer Discretionary | 1.09% | ₹78.35 Cr | +0.47% | +0.49% | — |
| Blue Star Ltd. | Consumer Discretionary | 1.07% | ₹76.97 Cr | +1.23% | +1.55% | +1.54% |
| Hero Motocorp Ltd. | Automobile | 1.05% | ₹75.33 Cr | — | +0.93% | +1.79% |
| Blue Jet Healthcare Ltd. | Healthcare | 1.01% | ₹72.80 Cr | — | — | — |
| TVS Motor Company Ltd. | Automobile | 1.01% | ₹72.18 Cr | — | — | — |
| JSW Cement Ltd. | Materials | 0.99% | ₹71.34 Cr | +1.08% | — | — |
| Triveni Turbine Ltd. | Construction | 0.98% | ₹70.53 Cr | +1.36% | +0.58% | +0.39% |
| UPL Ltd. | Chemicals | 0.88% | ₹62.93 Cr | — | — | — |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.86% | ₹61.43 Cr | — | — | — |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | Chemicals | 0.74% | ₹53.03 Cr | +0.69% | +0.64% | +0.74% |
| K.P.R. Mill Ltd. | Textiles | 0.73% | ₹52.51 Cr | +0.64% | +0.61% | +1.16% |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 0.71% | ₹51.10 Cr | +0.73% | +0.72% | +0.93% |
| Schaeffler India Ltd. | Capital Goods | 0.69% | ₹49.50 Cr | +1.61% | +1.75% | +2.18% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.68% | ₹48.65 Cr | +0.85% | +0.81% | +1.05% |
| Coromandel International Ltd. | Chemicals | 0.67% | ₹47.81 Cr | +0.65% | +0.69% | +0.73% |
| Anthem Biosciences Ltd. | Healthcare | 0.65% | ₹46.85 Cr | — | — | — |
| Vesuvius India Ltd. | Capital Goods | 0.62% | ₹44.29 Cr | +0.76% | +0.83% | +0.85% |
| Bajaj Electricals Ltd. | Consumer Discretionary | 0.59% | ₹42.03 Cr | +0.60% | +0.72% | +0.74% |
| TVS Holdings Ltd. | Automobile | 0.57% | ₹40.67 Cr | +0.67% | +0.77% | +0.62% |
| SKF India Ltd. | Capital Goods | 0.55% | ₹39.62 Cr | +0.62% | +0.37% | +0.96% |
| company:3902 | Automobile | 0.54% | ₹38.42 Cr | — | +0.14% | +0.24% |
| Honeywell Automation India Ltd. | Capital Goods | 0.53% | ₹37.81 Cr | +0.22% | +0.19% | +0.25% |
| Jubilant Ingrevia Ltd. | Chemicals | 0.50% | ₹35.97 Cr | +0.04% | — | — |
| Cipla Ltd. | Healthcare | 0.48% | ₹34.42 Cr | +0.50% | — | — |
| RHI Magnesita India Ltd. | Capital Goods | 0.47% | ₹33.80 Cr | +0.34% | +0.37% | +0.42% |
| JK Cement Ltd. | Materials | 0.36% | ₹25.86 Cr | +0.91% | +1.02% | +0.35% |
| E.I.D. - Parry (India) Ltd. | Consumer Staples | 0.32% | ₹22.97 Cr | — | — | — |
| Kalpataru Projects International Ltd. | Capital Goods | 0.28% | ₹19.74 Cr | +0.27% | — | — |
| company:12100 | Capital Goods | 0.27% | ₹19.15 Cr | — | — | — |
| Whirlpool Of India Ltd. | Consumer Discretionary | 0.23% | ₹16.73 Cr | +0.25% | +0.29% | +0.42% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 0.21% | ₹15.37 Cr | +0.25% | +0.28% | +0.36% |
| Emami Ltd. | Consumer Staples | 0.19% | ₹13.98 Cr | +0.78% | +0.93% | — |
| Reserve Bank of India | Financial | 0.14% | ₹9.96 Cr | — | +0.30% | +0.03% |
| Birla Corporation Ltd. | Materials | 0.13% | ₹9.40 Cr | +0.16% | +0.16% | +0.21% |
| Astrazeneca Pharma India Ltd. | Healthcare | 0.13% | ₹9.19 Cr | +0.14% | +0.11% | +0.07% |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.11% | ₹8.21 Cr | +0.13% | — | — |
| company:2884 | Capital Goods | 0.11% | ₹7.64 Cr | — | — | — |
| Sagar Cements Ltd. | Materials | 0.08% | ₹5.78 Cr | +0.10% | +0.11% | +0.14% |
| company:17746 | Capital Goods | 0.01% | ₹0.85 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:953 | 0.00% | 4.02% | +4.02% |
| Bajaj Auto Ltd. | 2.19% | 0.00% | -2.19% |
| Divi's Laboratories Ltd. | 1.07% | 0.00% | -1.07% |
| Pidilite Industries Ltd. | 0.95% | 0.00% | -0.95% |
| company:3902 | 0.00% | 0.54% | +0.54% |
| Deepak Nitrite Ltd. | 0.52% | 0.00% | -0.52% |
| Alembic Pharmaceuticals Ltd. | 0.48% | 0.86% | +0.37% |
| Godrej Consumer Products Ltd. | 2.17% | 1.82% | -0.35% |
| Samvardhana Motherson International Ltd. | 2.67% | 3.01% | +0.34% |
| Honeywell Automation India Ltd. | 0.22% | 0.53% | +0.31% |
| company:12100 | 0.00% | 0.27% | +0.27% |
| Divgi TorqTransfer Systems Ltd. | 0.25% | 0.00% | -0.25% |
| Sundram Fasteners Ltd. | 0.25% | 0.00% | -0.25% |
| Voltamp Transformers Ltd. | 2.53% | 2.77% | +0.24% |
| BEML Ltd. | 0.23% | 0.00% | -0.23% |
| Mahindra & Mahindra Ltd. | 5.75% | 5.54% | -0.22% |
| PI Industries Ltd. | 2.10% | 1.90% | -0.20% |
| TVS Motor Company Ltd. | 1.20% | 1.01% | -0.19% |
| Shree Cement Ltd. | 1.68% | 1.49% | -0.19% |
| Reliance Industries Ltd. | 6.29% | 6.12% | -0.17% |
| Blue Star Ltd. | 1.24% | 1.07% | -0.16% |
| Maruti Suzuki India Ltd. | 2.64% | 2.50% | -0.14% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1.22% | 1.35% | +0.13% |
| Bharat Electronics Ltd. | 1.98% | 2.11% | +0.13% |
| TVS Holdings Ltd. | 0.69% | 0.57% | -0.13% |
| Siemens Ltd. | 1.87% | 2.00% | +0.13% |
| Ultratech Cement Ltd. | 3.00% | 2.87% | -0.12% |
| Vedanta Aluminium Metal Ltd. | 2.59% | 2.47% | -0.12% |
| Blue Jet Healthcare Ltd. | 1.13% | 1.01% | -0.11% |
| Schaeffler India Ltd. | 0.80% | 0.69% | -0.11% |
| company:2884 | 0.00% | 0.11% | +0.11% |
| Jindal Stainless Ltd. | 2.18% | 2.08% | -0.10% |
| Atul Ltd. | 1.90% | 1.80% | -0.10% |
| V-Guard Industries Ltd. | 1.00% | 1.09% | +0.10% |
| Ambuja Cements Ltd. | 1.24% | 1.14% | -0.09% |
| Larsen & Toubro Ltd. | 3.62% | 3.70% | +0.08% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 0.66% | 0.74% | +0.08% |
| Aarti Industries Ltd. | 1.15% | 1.23% | +0.08% |
| K.P.R. Mill Ltd. | 0.65% | 0.73% | +0.08% |
| JSW Steel Ltd. | 2.98% | 3.05% | +0.08% |
| Ratnamani Metals & Tubes Ltd. | 0.64% | 0.71% | +0.08% |
| Hindalco Industries Ltd. | 1.93% | 2.01% | +0.07% |
| Crompton Greaves Consumer Electricals Ltd. | 0.75% | 0.68% | -0.07% |
| UPL Ltd. | 0.95% | 0.88% | -0.07% |
| Sharda Motor Industries Ltd. | 0.07% | 0.00% | -0.07% |
| INDO-MIM Ltd. | 1.03% | 1.09% | +0.06% |
| Biocon Ltd. | 1.72% | 1.66% | -0.06% |
| Coromandel International Ltd. | 0.73% | 0.67% | -0.06% |
| JSW Cement Ltd. | 1.05% | 0.99% | -0.06% |
| Vesuvius India Ltd. | 0.67% | 0.62% | -0.06% |
| JK Cement Ltd. | 0.42% | 0.36% | -0.06% |
| Supreme Industries Ltd. | 2.34% | 2.40% | +0.05% |
| Carborundum Universal Ltd. | 1.40% | 1.45% | +0.05% |
| Jubilant Ingrevia Ltd. | 0.55% | 0.50% | -0.05% |
| Triveni Turbine Ltd. | 1.03% | 0.98% | -0.04% |
| Hindustan Aeronautics Ltd. | 1.33% | 1.37% | +0.04% |
| Anthem Biosciences Ltd. | 0.68% | 0.65% | -0.03% |
| Gulf Oil Lubricants India Ltd. | 0.03% | 0.00% | -0.03% |
| Sun Pharmaceutical Industries Ltd. | 4.15% | 4.12% | -0.03% |
| Hyundai Motor India Ltd. | 3.36% | 3.38% | +0.02% |
| SKF India Ltd. | 0.53% | 0.55% | +0.02% |
| Cipla Ltd. | 0.50% | 0.48% | -0.02% |
| RHI Magnesita India Ltd. | 0.49% | 0.47% | -0.02% |
| Vardhman Textiles Ltd. | 0.02% | 0.00% | -0.02% |
| Astrazeneca Pharma India Ltd. | 0.15% | 0.13% | -0.02% |
| Kalpataru Projects International Ltd. | 0.25% | 0.28% | +0.02% |
| Emami Ltd. | 0.21% | 0.19% | -0.02% |
| Bajaj Electricals Ltd. | 0.60% | 0.59% | -0.02% |
| Cummins India Ltd. | 2.76% | 2.74% | -0.02% |
| E.I.D. - Parry (India) Ltd. | 0.31% | 0.32% | +0.01% |
| Motherson Sumi Wiring India Ltd. | 0.13% | 0.11% | -0.01% |
| company:17746 | 0.00% | 0.01% | +0.01% |
| Siemens Energy India Ltd. | 2.57% | 2.56% | -0.01% |
| Galaxy Surfactants Ltd. | 0.01% | 0.00% | -0.01% |
| Hero Motocorp Ltd. | 1.04% | 1.05% | +0.01% |
| Sagar Cements Ltd. | 0.09% | 0.08% | -0.01% |
| Birla Corporation Ltd. | 0.13% | 0.13% | 0.00% |
| Others | 0.31% | 0.31% | 0.00% |
| Whirlpool Of India Ltd. | 0.23% | 0.23% | 0.00% |
| Techno Electric & Engineering Company Ltd. | 0.21% | 0.21% | 0.00% |
| Reserve Bank of India | 0.14% | 0.14% | 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 | ₹1,186 Cr | 1.50% | 15.9% | 13.5% | 19.1% |
 Kotak Manufacture in India Fund | ₹3,127 Cr | 2.08% | 22.5% | 15.8% | — |
 Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,402 Cr | 2.32% | 30.4% | 18.1% | 19.1% |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹129 Cr | 0.44% | 5.4% | 10.1% | — |
 Navi Nifty India Manufacturing Index Fund | ₹86.53 Cr | 1.15% | 5.5% | 10.0% | — |
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 months14.54% absolute | ₹60,000 | ₹68,724 | 14.54% | |
| 1 year9.05% annualised | ₹1,20,000 | ₹1,26,048 | 5.04% | |
| 3 years18.67% annualised | ₹3,60,000 | ₹4,85,192 | 34.78% | |
| 5 years17.94% annualised | ₹6,00,000 | ₹9,74,901 | 62.48% |
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 ₹38.45 as on 25 Sep 2026.
What is the expense ratio of ICICI Prudential Manufacturing Fund?
The expense ratio of ICICI Prudential Manufacturing Fund is 2.14% 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 9.7% over 1 year, 10.9% over 3 years and 18.0% 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 ₹11,76,218 Cr under management.