UTI Nifty India Manufacturing Index Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹12.25+0.36%1 day
- Return since launch
- 14.0%
- 52-week range
- ₹10.83 — ₹12.89
- AUM
- ₹30.61 Cr
UTI Nifty India Manufacturing Index Fund is a Thematic-Manufacturing equity fund from UTI Mutual Fund with ₹30.61 Cr under management, launched in 2025. The expense ratio is 1.14% and the SEBI riskometer reading is Very High.
Performance
UTI Nifty India Manufacturing Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against +3.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.3% | −3.3 pts | 7.5% | 5.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.0% | +2.8 pts | 1.2% | 3.7% |
| 3M | -5.0% | −0.9 pts | -4.1% | -4.7% |
| 6M | -1.4% | −2.4 pts | 1.0% | 1.8% |
| 1Y | 4.6% | −3.0 pts | 7.5% | 3.1% |
Since launch (28 Jan 2025): 14.0%
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
1.13%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.22%
- Exit load
- 0%
- 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.
Portfolio
UTI Nifty India Manufacturing Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large69.2%
- Mid27.6%
- Small3.2%
- P/E
- 20.44
- P/B
- 3.86
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | 4.99% | ₹1.53 Cr | +4.99% | +4.95% | +4.91% |
| Reliance Industries Ltd. | Energy | 4.97% | ₹1.52 Cr | +4.91% | +4.83% | +5.03% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 4.60% | ₹1.41 Cr | +4.75% | +5.09% | +4.54% |
| Maruti Suzuki India Ltd. | Automobile | 3.72% | ₹1.14 Cr | +4.43% | +4.60% | +4.98% |
| Tata Steel Ltd. | Metals & Mining | 3.66% | ₹1.12 Cr | +3.74% | +4.52% | +3.77% |
| Bharat Electronics Ltd. | Capital Goods | 3.33% | ₹1.02 Cr | +3.55% | +3.29% | +3.67% |
| Hindalco Industries Ltd. | Metals & Mining | 3.26% | ₹1.00 Cr | +3.33% | +3.65% | +2.98% |
| JSW Steel Ltd. | Metals & Mining | 2.89% | ₹0.88 Cr | +2.77% | +3.00% | +2.89% |
| Bajaj Auto Ltd. | Automobile | 2.84% | ₹0.87 Cr | +2.59% | +2.77% | +2.60% |
| Divi's Laboratories Ltd. | Healthcare | 2.82% | ₹0.86 Cr | +2.01% | +2.15% | +1.95% |
| Eicher Motors Ltd. | Automobile | 2.36% | ₹0.72 Cr | +2.35% | +2.58% | +2.60% |
| TVS Motor Company Ltd. | Automobile | 2.31% | ₹0.71 Cr | +1.96% | +2.25% | +2.18% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.12% | ₹0.65 Cr | +2.00% | +1.52% | +2.28% |
| Tata Motors Ltd. | Automobile | 2.11% | ₹0.65 Cr | +2.13% | +1.89% | — |
| Laurus Labs Ltd. | Healthcare | 1.84% | ₹0.56 Cr | +1.42% | +1.10% | — |
| Cipla Ltd. | Healthcare | 1.81% | ₹0.55 Cr | +1.98% | +1.96% | +2.28% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.80% | ₹0.55 Cr | +1.99% | +2.18% | +2.01% |
| Samvardhana Motherson International Ltd. | Automobile | 1.73% | ₹0.53 Cr | +1.58% | +1.33% | +1.27% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.69% | ₹0.52 Cr | +1.17% | +1.26% | +1.02% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.67% | ₹0.51 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 1.54% | ₹0.47 Cr | +1.84% | +1.40% | +1.34% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.46% | ₹0.45 Cr | +1.48% | +1.62% | +1.78% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.42% | ₹0.43 Cr | +1.77% | +1.77% | +3.84% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.40% | ₹0.43 Cr | +1.57% | +1.03% | +1.29% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.31% | ₹0.40 Cr | +1.19% | +1.14% | +1.81% |
| Bharat Forge Ltd. | Automobile | 1.28% | ₹0.39 Cr | +1.38% | +1.27% | +0.87% |
| GE Vernova T&D India Ltd | Capital Goods | 1.24% | ₹0.38 Cr | +1.48% | +1.04% | — |
| Indian Oil Corporation Ltd. | Energy | 1.21% | ₹0.37 Cr | +1.25% | +1.44% | +1.51% |
| Lupin Ltd. | Healthcare | 1.18% | ₹0.36 Cr | +1.41% | +1.60% | +1.25% |
| Suzlon Energy Ltd. | Capital Goods | 1.15% | ₹0.35 Cr | +1.72% | +1.10% | +1.69% |
| Solar Industries India Ltd. | Chemicals | 1.15% | ₹0.35 Cr | +1.10% | +0.84% | +0.88% |
| Aurobindo Pharma Ltd. | Healthcare | 1.10% | ₹0.34 Cr | +1.05% | +1.04% | +0.82% |
| Vedanta Ltd. | Metals & Mining | 1.09% | ₹0.33 Cr | +1.15% | +3.17% | +2.14% |
| Pidilite Industries Ltd. | Chemicals | 1.09% | ₹0.33 Cr | +1.19% | +1.14% | +1.23% |
| Ashok Leyland Ltd. | Automobile | 1.06% | ₹0.32 Cr | +1.09% | +1.01% | +1.03% |
| Polycab India Ltd. | Capital Goods | 1.03% | ₹0.31 Cr | +1.28% | +0.83% | +0.93% |
| Jindal Steel Ltd. | Metals & Mining | 1.01% | ₹0.31 Cr | +0.95% | +1.17% | +1.07% |
| Bosch Ltd. | Automobile | 0.98% | ₹0.30 Cr | +0.83% | +0.71% | +0.89% |
| APL Apollo Tubes Ltd. | Metals & Mining | 0.95% | ₹0.29 Cr | +0.78% | +0.81% | +0.77% |
| Hitachi Energy India Ltd. | Capital Goods | 0.93% | ₹0.28 Cr | — | — | — |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.89% | ₹0.27 Cr | +0.67% | +0.62% | +0.50% |
| SRF Ltd. | Chemicals | 0.86% | ₹0.26 Cr | +0.96% | +1.01% | +1.11% |
| ABB India Ltd. | Capital Goods | 0.85% | ₹0.26 Cr | +0.89% | +0.72% | +0.69% |
| Welspun Corp Ltd. | Metals & Mining | 0.85% | ₹0.26 Cr | — | — | — |
| Siemens Ltd. | Capital Goods | 0.79% | ₹0.24 Cr | +0.77% | +0.60% | +0.70% |
| Alkem Laboratories Ltd. | Healthcare | 0.74% | ₹0.23 Cr | +0.79% | +0.88% | +0.82% |
| Navin Fluorine International Ltd. | Chemicals | 0.72% | ₹0.22 Cr | +0.68% | +0.65% | +0.46% |
| UPL Ltd. | Chemicals | 0.72% | ₹0.22 Cr | +0.77% | +0.91% | +1.01% |
| Hyundai Motor India Ltd. | Automobile | 0.69% | ₹0.21 Cr | +0.65% | +0.72% | +1.00% |
| Zydus Lifesciences Ltd. | Healthcare | 0.69% | ₹0.21 Cr | +0.67% | +0.62% | +0.66% |
| Siemens Energy India Ltd. | Energy | 0.68% | ₹0.21 Cr | +0.78% | +0.52% | +0.77% |
| Kei Industries Ltd. | Capital Goods | 0.66% | ₹0.20 Cr | +0.81% | +0.57% | +0.63% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.65% | ₹0.20 Cr | +0.62% | +0.62% | +0.57% |
| MRF Ltd. | Automobile | 0.61% | ₹0.19 Cr | +0.61% | +0.73% | +0.82% |
| Havells India Ltd. | Capital Goods | 0.61% | ₹0.19 Cr | +0.70% | +0.86% | +1.02% |
| Tube Investments Of India Ltd. | Automobile | 0.61% | ₹0.19 Cr | +0.78% | +0.77% | +0.89% |
| Voltas Ltd. | Consumer Discretionary | 0.58% | ₹0.18 Cr | +0.70% | +0.83% | +0.83% |
| Page Industries Ltd. | Textiles | 0.55% | ₹0.17 Cr | +0.63% | +0.57% | +0.69% |
| Supreme Industries Ltd. | Materials | 0.53% | ₹0.16 Cr | +0.49% | +0.55% | +0.69% |
| UNO Minda Ltd. | Automobile | 0.51% | ₹0.16 Cr | +0.48% | +0.53% | +0.63% |
| Coromandel International Ltd. | Chemicals | 0.50% | ₹0.15 Cr | +0.58% | +0.64% | +0.72% |
| Blue Star Ltd. | Consumer Discretionary | 0.47% | ₹0.14 Cr | +0.51% | +0.60% | +0.66% |
| PI Industries Ltd. | Chemicals | 0.45% | ₹0.14 Cr | +0.50% | +0.63% | +0.77% |
| Hindustan Copper Ltd. | Metals & Mining | 0.44% | ₹0.13 Cr | +0.40% | +0.42% | — |
| Balkrishna Industries Ltd. | Automobile | 0.41% | ₹0.12 Cr | +0.42% | +0.48% | +0.50% |
| Astral Ltd. | Materials | 0.40% | ₹0.12 Cr | +0.39% | +0.45% | +0.43% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.38% | ₹0.12 Cr | +0.46% | +0.36% | +0.53% |
| Himadri Speciality Chemical Ltd. | Chemicals | 0.38% | ₹0.12 Cr | +0.38% | +0.30% | +0.28% |
| AIA Engineering Ltd. | Metals & Mining | 0.36% | ₹0.11 Cr | +0.47% | +0.32% | +0.30% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.35% | ₹0.11 Cr | — | — | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.32% | ₹0.10 Cr | +0.43% | +0.41% | +0.51% |
| Linde India Ltd. | Chemicals | 0.32% | ₹0.10 Cr | +0.37% | +0.41% | +0.35% |
| Cochin Shipyard Ltd. | Capital Goods | 0.30% | ₹0.09 Cr | +0.31% | +0.23% | +0.38% |
| K.P.R. Mill Ltd. | Textiles | 0.29% | ₹0.09 Cr | +0.32% | +0.26% | +0.32% |
| Kaynes Technology India Ltd. | Capital Goods | 0.26% | ₹0.08 Cr | +0.23% | +0.25% | +0.56% |
| Anthem Biosciences Ltd. | Healthcare | 0.22% | ₹0.07 Cr | +0.17% | +0.12% | — |
| Escorts Kubota Ltd. | Automobile | 0.22% | ₹0.07 Cr | +0.23% | +0.21% | +0.29% |
| Others | Others | 0.06% | ₹0.02 Cr | +0.35% | +0.40% | +0.13% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Aluminium Metal Ltd. | 0.00% | 1.67% | +1.67% |
| Bharat Heavy Electricals Ltd. | 1.49% | 0.00% | -1.49% |
| Hitachi Energy India Ltd. | 0.00% | 0.93% | +0.93% |
| Welspun Corp Ltd. | 0.00% | 0.85% | +0.85% |
| Torrent Pharmaceuticals Ltd. | 1.23% | 1.69% | +0.46% |
| Maruti Suzuki India Ltd. | 4.08% | 3.72% | -0.36% |
| Amber Enterprises India Ltd. | 0.00% | 0.35% | +0.35% |
| Reliance Industries Ltd. | 4.65% | 4.97% | +0.32% |
| Bajaj Auto Ltd. | 3.10% | 2.84% | -0.27% |
| Sun Pharmaceutical Industries Ltd. | 4.86% | 4.60% | -0.26% |
| Castrol India Ltd. | 0.20% | 0.00% | -0.20% |
| Suzlon Energy Ltd. | 1.34% | 1.15% | -0.19% |
| Honeywell Automation India Ltd. | 0.18% | 0.00% | -0.18% |
| Eicher Motors Ltd. | 2.53% | 2.36% | -0.17% |
| Dr. Reddy's Laboratories Ltd. | 1.63% | 1.80% | +0.17% |
| Tata Motors Ltd. | 2.27% | 2.11% | -0.17% |
| Kei Industries Ltd. | 0.82% | 0.66% | -0.16% |
| Polycab India Ltd. | 1.17% | 1.03% | -0.14% |
| Mahindra & Mahindra Ltd. | 5.13% | 4.99% | -0.14% |
| Hindalco Industries Ltd. | 3.40% | 3.26% | -0.14% |
| Tata Steel Ltd. | 3.52% | 3.66% | +0.14% |
| Laurus Labs Ltd. | 1.72% | 1.84% | +0.12% |
| Pidilite Industries Ltd. | 1.21% | 1.09% | -0.12% |
| Dixon Technologies (India) Ltd. | 1.43% | 1.31% | -0.12% |
| Havells India Ltd. | 0.72% | 0.61% | -0.11% |
| Ashok Leyland Ltd. | 1.16% | 1.06% | -0.11% |
| Bharat Electronics Ltd. | 3.43% | 3.33% | -0.11% |
| Tube Investments Of India Ltd. | 0.69% | 0.61% | -0.08% |
| ABB India Ltd. | 0.93% | 0.85% | -0.08% |
| Tata Motors Passenger Vehicles Ltd. | 1.49% | 1.42% | -0.07% |
| Bharat Petroleum Corporation Ltd. | 1.52% | 1.46% | -0.06% |
| Cummins India Ltd. | 1.59% | 1.54% | -0.06% |
| Mazagon Dock Shipbuilders Ltd. | 0.44% | 0.38% | -0.05% |
| TVS Motor Company Ltd. | 2.36% | 2.31% | -0.05% |
| JSW Steel Ltd. | 2.84% | 2.89% | +0.05% |
| CG Power and Industrial Solutions Ltd. | 1.45% | 1.40% | -0.05% |
| Sona BLW Precision Forgings Ltd. | 0.84% | 0.89% | +0.05% |
| Lupin Ltd. | 1.23% | 1.18% | -0.05% |
| Voltas Ltd. | 0.63% | 0.58% | -0.05% |
| Divi's Laboratories Ltd. | 2.78% | 2.82% | +0.04% |
| Hindustan Copper Ltd. | 0.40% | 0.44% | +0.04% |
| Anthem Biosciences Ltd. | 0.18% | 0.22% | +0.04% |
| Siemens Ltd. | 0.82% | 0.79% | -0.04% |
| Hyundai Motor India Ltd. | 0.73% | 0.69% | -0.04% |
| Blue Star Ltd. | 0.44% | 0.47% | +0.03% |
| Astral Ltd. | 0.43% | 0.40% | -0.03% |
| Crompton Greaves Consumer Electricals Ltd. | 0.35% | 0.32% | -0.03% |
| UNO Minda Ltd. | 0.54% | 0.51% | -0.03% |
| GE Vernova T&D India Ltd | 1.27% | 1.24% | -0.03% |
| Coromandel International Ltd. | 0.53% | 0.50% | -0.03% |
| Page Industries Ltd. | 0.52% | 0.55% | +0.03% |
| Himadri Speciality Chemical Ltd. | 0.36% | 0.38% | +0.02% |
| AIA Engineering Ltd. | 0.38% | 0.36% | -0.02% |
| Alkem Laboratories Ltd. | 0.72% | 0.74% | +0.02% |
| MRF Ltd. | 0.64% | 0.61% | -0.02% |
| Cipla Ltd. | 1.83% | 1.81% | -0.02% |
| Samvardhana Motherson International Ltd. | 1.74% | 1.73% | -0.02% |
| APL Apollo Tubes Ltd. | 0.94% | 0.95% | +0.02% |
| Bharat Forge Ltd. | 1.30% | 1.28% | -0.02% |
| Balkrishna Industries Ltd. | 0.42% | 0.41% | -0.02% |
| Siemens Energy India Ltd. | 0.66% | 0.68% | +0.02% |
| Jindal Steel Ltd. | 1.02% | 1.01% | -0.02% |
| Navin Fluorine International Ltd. | 0.74% | 0.72% | -0.01% |
| Zydus Lifesciences Ltd. | 0.67% | 0.69% | +0.01% |
| Escorts Kubota Ltd. | 0.23% | 0.22% | -0.01% |
| Bosch Ltd. | 1.00% | 0.98% | -0.01% |
| Hindustan Aeronautics Ltd. | 2.11% | 2.12% | +0.01% |
| Solar Industries India Ltd. | 1.13% | 1.15% | +0.01% |
| Hindustan Zinc Ltd. | 0.66% | 0.65% | -0.01% |
| K.P.R. Mill Ltd. | 0.30% | 0.29% | -0.01% |
| Others | 0.05% | 0.06% | +0.01% |
| Cochin Shipyard Ltd. | 0.30% | 0.30% | +0.01% |
| Linde India Ltd. | 0.31% | 0.32% | +0.01% |
| Aurobindo Pharma Ltd. | 1.10% | 1.10% | +0.01% |
| UPL Ltd. | 0.73% | 0.72% | 0.00% |
| Indian Oil Corporation Ltd. | 1.20% | 1.21% | 0.00% |
| Kaynes Technology India Ltd. | 0.27% | 0.26% | 0.00% |
| PI Industries Ltd. | 0.44% | 0.45% | 0.00% |
| Supreme Industries Ltd. | 0.53% | 0.53% | 0.00% |
| SRF Ltd. | 0.86% | 0.86% | 0.00% |
| Vedanta Ltd. | 1.09% | 1.09% | 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 | ₹2,328 Cr | 1.61% | 8.9% | 10.4% | 16.3% |
 ICICI Prudential Manufacturing Fund | ₹6,918 Cr | 2.08% | 5.5% | 8.4% | 16.2% |
 Kotak Manufacture in India Fund | ₹3,132 Cr | 2.07% | 15.3% | 13.2% | — |
 Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,386 Cr | 2.32% | 15.9% | 13.5% | 16.4% |
 Mirae Asset Nifty India Manufacturing ETF FoF | ₹122 Cr | 0.43% | 3.7% | 8.4% | — |
 Navi Nifty India Manufacturing Index Fund | ₹83.12 Cr | 1.16% | 4.3% | 8.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.
Fund managers
- Ayush JainMr. Jain is B.Com, C.A and CFA (level 1).Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
- Lokesh KulthiaBCom (Hons), MBA (Finance), PGPFMMr. Kulthia is associated with Equity Research team as a Manager since the year 2021. He joined UTI AMC as Assistance Manager at Dept of Sales. He has over 4 years of experience in the field of Research.
- Sharwan Kumar GoyalMr.Goyal is B.Com, CFA and MMS.He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
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 months−1.45% absolute | ₹60,000 | ₹59,130 | −1.45% | |
| 1 year4.59% annualised | ₹1,20,000 | ₹1,23,026 | 2.52% |
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 UTI Nifty India Manufacturing Index Fund?
The NAV of UTI Nifty India Manufacturing Index Fund is ₹12.25 as on 6 Nov 2026.
What is the expense ratio of UTI Nifty India Manufacturing Index Fund?
The expense ratio of UTI Nifty India Manufacturing Index Fund is 1.14% per year.
What is the minimum SIP amount for UTI Nifty India Manufacturing Index Fund?
You can start a SIP in UTI Nifty India Manufacturing Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on UTI Nifty India Manufacturing Index Fund?
Lock-in: None. Exit load: 0%.
How risky is UTI Nifty India Manufacturing Index Fund?
UTI Nifty India Manufacturing Index Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Manufacturing category.
Which fund house manages UTI Nifty India Manufacturing Index Fund?
UTI Nifty India Manufacturing Index Fund is managed by UTI Mutual Fund, which runs 67 schemes with ₹4,04,584 Cr under management.