UTI Nifty India Manufacturing Index Fund
Thematic-ManufacturingVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹12.27+0.45%1 day
- Return since launch
- 15.2%
- 52-week range
- ₹10.83 — ₹12.89
- AUM
- ₹31.58 Cr
UTI Nifty India Manufacturing Index Fund is a Thematic-Manufacturing equity fund from UTI Mutual Fund with ₹31.58 Cr under management, launched in 2025. The expense ratio is 1.13% 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 +7.5% 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 | 5.5% | −5.8 pts | 11.3% | 9.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.2% | −1.8 pts | -2.4% | -2.8% |
| 3M | 0.5% | −2.4 pts | 2.9% | 2.7% |
| 6M | 11.3% | −6.6 pts | 17.9% | 15.0% |
| 1Y | 7.5% | −3.9 pts | 11.3% | 7.5% |
Since launch (28 Jan 2025): 15.2%
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
1.12%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.00%
- 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 31 Aug 2026
Asset allocation
- Equity100.0%
- Other0.0%
Market cap split
- Large69.4%
- Mid28.2%
- Small2.4%
- P/E
- 22.97
- P/B
- 3.87
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | 5.13% | ₹1.62 Cr | +4.51% | +4.52% | +4.99% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 4.86% | ₹1.53 Cr | +4.61% | +4.76% | +4.73% |
| Reliance Industries Ltd. | Energy | 4.65% | ₹1.47 Cr | +4.20% | +4.31% | +4.64% |
| Maruti Suzuki India Ltd. | Automobile | 4.08% | ₹1.29 Cr | +4.34% | +4.32% | +5.34% |
| Tata Steel Ltd. | Metals & Mining | 3.52% | ₹1.11 Cr | +4.33% | +4.54% | +3.51% |
| Bharat Electronics Ltd. | Capital Goods | 3.43% | ₹1.08 Cr | +2.99% | +3.95% | +3.52% |
| Hindalco Industries Ltd. | Metals & Mining | 3.40% | ₹1.07 Cr | +4.11% | +3.46% | +2.80% |
| Bajaj Auto Ltd. | Automobile | 3.10% | ₹0.98 Cr | +2.92% | +2.86% | +2.63% |
| JSW Steel Ltd. | Metals & Mining | 2.84% | ₹0.90 Cr | +3.02% | +3.07% | +2.68% |
| Divi's Laboratories Ltd. | Healthcare | 2.78% | ₹0.88 Cr | +2.13% | +2.11% | +2.14% |
| Eicher Motors Ltd. | Automobile | 2.53% | ₹0.80 Cr | +2.49% | +2.85% | +2.31% |
| TVS Motor Company Ltd. | Automobile | 2.36% | ₹0.74 Cr | +1.98% | +2.35% | +2.12% |
| Tata Motors Ltd. | Automobile | 2.27% | ₹0.72 Cr | +1.61% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.11% | ₹0.67 Cr | +1.66% | +1.84% | +2.19% |
| Cipla Ltd. | Healthcare | 1.83% | ₹0.58 Cr | +1.99% | +1.96% | +2.46% |
| Samvardhana Motherson International Ltd. | Automobile | 1.74% | ₹0.55 Cr | +1.62% | +1.53% | +1.13% |
| Laurus Labs Ltd. | Healthcare | 1.72% | ₹0.54 Cr | +1.33% | — | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 1.63% | ₹0.51 Cr | +2.00% | +2.03% | +2.11% |
| Cummins India Ltd. | Capital Goods | 1.59% | ₹0.50 Cr | +1.61% | +1.64% | +1.37% |
| Bharat Petroleum Corporation Ltd. | Energy | 1.52% | ₹0.48 Cr | +1.52% | +1.93% | +1.64% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.49% | ₹0.47 Cr | +2.08% | +2.07% | +3.84% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.49% | ₹0.47 Cr | +1.23% | +0.84% | +0.71% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.45% | ₹0.46 Cr | +1.28% | +1.23% | +1.18% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.43% | ₹0.45 Cr | +1.20% | +1.12% | +1.79% |
| Suzlon Energy Ltd. | Capital Goods | 1.34% | ₹0.42 Cr | +1.40% | +1.28% | +1.79% |
| Bharat Forge Ltd. | Automobile | 1.30% | ₹0.41 Cr | +1.31% | +1.32% | +0.81% |
| GE Vernova T&D India Ltd | Capital Goods | 1.27% | ₹0.40 Cr | +1.29% | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.23% | ₹0.39 Cr | +1.16% | +1.17% | +1.02% |
| Lupin Ltd. | Healthcare | 1.23% | ₹0.39 Cr | +1.38% | +1.44% | +1.26% |
| Pidilite Industries Ltd. | Chemicals | 1.21% | ₹0.38 Cr | +1.16% | +1.20% | +1.30% |
| Indian Oil Corporation Ltd. | Energy | 1.20% | ₹0.38 Cr | +1.32% | +1.81% | +1.40% |
| Polycab India Ltd. | Capital Goods | 1.17% | ₹0.37 Cr | +1.02% | +1.12% | +0.95% |
| Ashok Leyland Ltd. | Automobile | 1.16% | ₹0.37 Cr | +0.90% | +1.50% | +0.97% |
| Solar Industries India Ltd. | Chemicals | 1.13% | ₹0.36 Cr | +1.12% | +0.85% | +0.93% |
| Aurobindo Pharma Ltd. | Healthcare | 1.10% | ₹0.35 Cr | +1.00% | +0.88% | +0.79% |
| Vedanta Ltd. | Metals & Mining | 1.09% | ₹0.34 Cr | +1.51% | +3.15% | +1.96% |
| Jindal Steel Ltd. | Metals & Mining | 1.02% | ₹0.32 Cr | +1.13% | +1.20% | +0.96% |
| Bosch Ltd. | Automobile | 1.00% | ₹0.32 Cr | +0.80% | +0.81% | +0.94% |
| APL Apollo Tubes Ltd. | Metals & Mining | 0.94% | ₹0.30 Cr | +0.68% | +1.01% | +0.77% |
| ABB India Ltd. | Capital Goods | 0.93% | ₹0.29 Cr | +0.77% | +0.79% | +0.70% |
| SRF Ltd. | Chemicals | 0.86% | ₹0.27 Cr | +0.99% | +0.96% | +1.13% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.84% | ₹0.27 Cr | +0.69% | +0.62% | +0.55% |
| Siemens Ltd. | Capital Goods | 0.82% | ₹0.26 Cr | +0.69% | +0.75% | +0.72% |
| Kei Industries Ltd. | Capital Goods | 0.82% | ₹0.26 Cr | +0.66% | +0.78% | +0.63% |
| Navin Fluorine International Ltd. | Chemicals | 0.74% | ₹0.23 Cr | +0.66% | +0.59% | — |
| UPL Ltd. | Chemicals | 0.73% | ₹0.23 Cr | +0.91% | +0.92% | +1.00% |
| Hyundai Motor India Ltd. | Automobile | 0.73% | ₹0.23 Cr | +0.69% | +0.80% | +0.96% |
| Havells India Ltd. | Capital Goods | 0.72% | ₹0.23 Cr | +0.75% | +0.91% | +1.06% |
| Alkem Laboratories Ltd. | Healthcare | 0.72% | ₹0.23 Cr | +0.81% | +0.85% | +0.78% |
| Tube Investments Of India Ltd. | Automobile | 0.69% | ₹0.22 Cr | +0.85% | +0.76% | +0.87% |
| Zydus Lifesciences Ltd. | Healthcare | 0.67% | ₹0.21 Cr | +0.68% | +0.60% | +0.67% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.66% | ₹0.21 Cr | +0.69% | +0.68% | +0.42% |
| Siemens Energy India Ltd. | Energy | 0.66% | ₹0.21 Cr | +0.70% | +0.64% | — |
| MRF Ltd. | Automobile | 0.64% | ₹0.20 Cr | +0.62% | +0.72% | +0.78% |
| Voltas Ltd. | Consumer Discretionary | 0.63% | ₹0.20 Cr | +0.71% | +0.92% | +0.86% |
| UNO Minda Ltd. | Automobile | 0.54% | ₹0.17 Cr | +0.50% | +0.56% | — |
| Supreme Industries Ltd. | Materials | 0.53% | ₹0.17 Cr | +0.46% | +0.63% | +0.77% |
| Coromandel International Ltd. | Chemicals | 0.53% | ₹0.17 Cr | +0.52% | +0.68% | +0.75% |
| Page Industries Ltd. | Textiles | 0.52% | ₹0.16 Cr | +0.61% | +0.53% | +0.76% |
| PI Industries Ltd. | Chemicals | 0.44% | ₹0.14 Cr | +0.57% | +0.65% | +0.82% |
| Blue Star Ltd. | Consumer Discretionary | 0.44% | ₹0.14 Cr | +0.52% | +0.65% | +0.67% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.44% | ₹0.14 Cr | +0.38% | +0.42% | +0.53% |
| Astral Ltd. | Materials | 0.43% | ₹0.14 Cr | +0.39% | +0.51% | +0.45% |
| Balkrishna Industries Ltd. | Automobile | 0.42% | ₹0.13 Cr | +0.45% | +0.49% | +0.50% |
| Hindustan Copper Ltd. | Metals & Mining | 0.40% | ₹0.13 Cr | +0.45% | — | +0.21% |
| AIA Engineering Ltd. | Metals & Mining | 0.38% | ₹0.12 Cr | +0.35% | +0.37% | +0.32% |
| Himadri Speciality Chemical Ltd. | Chemicals | 0.36% | ₹0.11 Cr | +0.36% | +0.29% | +0.29% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.35% | ₹0.11 Cr | +0.46% | +0.43% | +0.58% |
| Linde India Ltd. | Chemicals | 0.31% | ₹0.10 Cr | +0.38% | +0.37% | +0.37% |
| K.P.R. Mill Ltd. | Textiles | 0.30% | ₹0.10 Cr | +0.27% | +0.27% | +0.27% |
| Cochin Shipyard Ltd. | Capital Goods | 0.30% | ₹0.09 Cr | +0.25% | +0.31% | +0.36% |
| Kaynes Technology India Ltd. | Capital Goods | 0.27% | ₹0.08 Cr | +0.20% | +0.30% | +0.44% |
| Escorts Kubota Ltd. | Automobile | 0.23% | ₹0.07 Cr | +0.19% | +0.29% | +0.31% |
| Castrol India Ltd. | Chemicals | 0.20% | ₹0.06 Cr | +0.22% | +0.23% | +0.26% |
| Anthem Biosciences Ltd. | Healthcare | 0.18% | ₹0.06 Cr | +0.12% | — | — |
| Honeywell Automation India Ltd. | Capital Goods | 0.18% | ₹0.06 Cr | +0.15% | +0.17% | +0.23% |
| Others | Others | 0.05% | ₹0.02 Cr | +0.41% | +0.23% | +0.42% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Divi's Laboratories Ltd. | 2.40% | 2.78% | +0.38% |
| Maruti Suzuki India Ltd. | 4.35% | 4.08% | -0.27% |
| Mahindra & Mahindra Ltd. | 5.39% | 5.13% | -0.26% |
| Reliance Industries Ltd. | 4.84% | 4.65% | -0.18% |
| Samvardhana Motherson International Ltd. | 1.56% | 1.74% | +0.18% |
| Tata Motors Passenger Vehicles Ltd. | 1.67% | 1.49% | -0.17% |
| Bharat Electronics Ltd. | 3.26% | 3.43% | +0.17% |
| Bosch Ltd. | 0.83% | 1.00% | +0.16% |
| APL Apollo Tubes Ltd. | 0.78% | 0.94% | +0.16% |
| Tata Steel Ltd. | 3.68% | 3.52% | -0.16% |
| Cummins India Ltd. | 1.75% | 1.59% | -0.16% |
| Lupin Ltd. | 1.38% | 1.23% | -0.15% |
| Tata Motors Ltd. | 2.14% | 2.27% | +0.13% |
| Bajaj Auto Ltd. | 2.99% | 3.10% | +0.11% |
| Cipla Ltd. | 1.94% | 1.83% | -0.11% |
| Bharat Heavy Electricals Ltd. | 1.39% | 1.49% | +0.10% |
| Kei Industries Ltd. | 0.72% | 0.82% | +0.09% |
| Hindalco Industries Ltd. | 3.31% | 3.40% | +0.09% |
| Sun Pharmaceutical Industries Ltd. | 4.94% | 4.86% | -0.09% |
| Navin Fluorine International Ltd. | 0.65% | 0.74% | +0.09% |
| Voltas Ltd. | 0.71% | 0.63% | -0.08% |
| Solar Industries India Ltd. | 1.05% | 1.13% | +0.08% |
| PI Industries Ltd. | 0.52% | 0.44% | -0.08% |
| Bharat Forge Ltd. | 1.38% | 1.30% | -0.08% |
| Page Industries Ltd. | 0.59% | 0.52% | -0.07% |
| Blue Star Ltd. | 0.51% | 0.44% | -0.07% |
| Aurobindo Pharma Ltd. | 1.03% | 1.10% | +0.07% |
| Alkem Laboratories Ltd. | 0.79% | 0.72% | -0.07% |
| UPL Ltd. | 0.79% | 0.73% | -0.07% |
| Laurus Labs Ltd. | 1.66% | 1.72% | +0.07% |
| Jindal Steel Ltd. | 0.96% | 1.02% | +0.06% |
| CG Power and Industrial Solutions Ltd. | 1.39% | 1.45% | +0.06% |
| Others | 0.11% | 0.05% | -0.06% |
| Himadri Speciality Chemical Ltd. | 0.41% | 0.36% | -0.06% |
| Dixon Technologies (India) Ltd. | 1.37% | 1.43% | +0.06% |
| Coromandel International Ltd. | 0.58% | 0.53% | -0.05% |
| Hindustan Zinc Ltd. | 0.61% | 0.66% | +0.05% |
| Ashok Leyland Ltd. | 1.12% | 1.16% | +0.05% |
| Siemens Ltd. | 0.78% | 0.82% | +0.04% |
| Balkrishna Industries Ltd. | 0.47% | 0.42% | -0.04% |
| Crompton Greaves Consumer Electricals Ltd. | 0.39% | 0.35% | -0.04% |
| JSW Steel Ltd. | 2.79% | 2.84% | +0.04% |
| Vedanta Ltd. | 1.05% | 1.09% | +0.04% |
| Hindustan Aeronautics Ltd. | 2.07% | 2.11% | +0.04% |
| Pidilite Industries Ltd. | 1.17% | 1.21% | +0.04% |
| AIA Engineering Ltd. | 0.42% | 0.38% | -0.04% |
| SRF Ltd. | 0.89% | 0.86% | -0.03% |
| Suzlon Energy Ltd. | 1.37% | 1.34% | -0.03% |
| UNO Minda Ltd. | 0.50% | 0.54% | +0.03% |
| Sona BLW Precision Forgings Ltd. | 0.81% | 0.84% | +0.03% |
| Torrent Pharmaceuticals Ltd. | 1.26% | 1.23% | -0.03% |
| ABB India Ltd. | 0.90% | 0.93% | +0.03% |
| K.P.R. Mill Ltd. | 0.27% | 0.30% | +0.03% |
| Indian Oil Corporation Ltd. | 1.23% | 1.20% | -0.03% |
| Polycab India Ltd. | 1.14% | 1.17% | +0.03% |
| Linde India Ltd. | 0.33% | 0.31% | -0.02% |
| Havells India Ltd. | 0.75% | 0.72% | -0.02% |
| Hindustan Copper Ltd. | 0.38% | 0.40% | +0.02% |
| Honeywell Automation India Ltd. | 0.20% | 0.18% | -0.02% |
| TVS Motor Company Ltd. | 2.38% | 2.36% | -0.02% |
| MRF Ltd. | 0.65% | 0.64% | -0.02% |
| GE Vernova T&D India Ltd | 1.26% | 1.27% | +0.02% |
| Astral Ltd. | 0.42% | 0.43% | +0.01% |
| Anthem Biosciences Ltd. | 0.17% | 0.18% | +0.01% |
| Dr. Reddy's Laboratories Ltd. | 1.64% | 1.63% | -0.01% |
| Cochin Shipyard Ltd. | 0.28% | 0.30% | +0.01% |
| Kaynes Technology India Ltd. | 0.28% | 0.27% | -0.01% |
| Zydus Lifesciences Ltd. | 0.66% | 0.67% | +0.01% |
| Mazagon Dock Shipbuilders Ltd. | 0.42% | 0.44% | +0.01% |
| Escorts Kubota Ltd. | 0.24% | 0.23% | -0.01% |
| Siemens Energy India Ltd. | 0.67% | 0.66% | -0.01% |
| Supreme Industries Ltd. | 0.52% | 0.53% | +0.01% |
| Castrol India Ltd. | 0.21% | 0.20% | 0.00% |
| Tube Investments Of India Ltd. | 0.69% | 0.69% | 0.00% |
| Eicher Motors Ltd. | 2.53% | 2.53% | 0.00% |
| Hyundai Motor India Ltd. | 0.73% | 0.73% | 0.00% |
| Bharat Petroleum Corporation Ltd. | 1.52% | 1.52% | 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 | ₹2,384 Cr | 1.63% | 14.7% | 13.0% | 18.5% |
 ICICI Prudential Manufacturing Fund | ₹7,175 Cr | 2.14% | 9.7% | 10.9% | 18.0% |
 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 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 months11.25% absolute | ₹60,000 | ₹66,750 | 11.25% | |
| 1 year7.46% annualised | ₹1,20,000 | ₹1,24,961 | 4.13% |
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 ₹12.27 as on 25 Sep 2026.
What is the expense ratio of UTI Nifty India Manufacturing Index Fund?
The expense ratio of UTI Nifty India Manufacturing Index Fund is 1.13% 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 66 schemes with ₹3,94,848 Cr under management.