Nippon India Nifty India Manufacturing Index Fund
Open in live screener →Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -4.33% | -9.35% | -8.72% | -5.93% | -3.64% | – | – | – | – |
NAV history
About this fund
Nippon India Nifty India Manufacturing Index Fund is a passive index fund/ETF offered by Nippon India Mutual Fund, classified under Index/ETF as Other Scheme - Index Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹10.15, with assets under management of about ₹19 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Nippon India Nifty India Manufacturing Index Fund has recorded a return of about -3.6%. Its annualised volatility is 15.3% — moderate fluctuations — and its Sharpe ratio is -0.66, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.21%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.56 | 5.11 | -3.64 | 16.99 | 91% | 10% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Bandhan BSE India Sector Leaders Index Fund Other Scheme - Index Funds | -4.41 | -5.88 | -5.91 | -10.77 | – | – | – | 0.24 |
| Tata Nifty Next 50 Index Fund Other Scheme - Index Funds | -9.13 | -8.14 | -6.14 | -4.59 | – | – | – | 0.19 |
| Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Other Scheme - Index Funds | 0.06 | 1.29 | 2.96 | 5.93 | – | – | – | – |
| ANGEL ONE NIFTY TOTAL MARKET MOMENTUM QUALITY 50 INDEX FUND Other Scheme - Index Funds | -9.80 | -7.96 | -7.68 | – | – | – | – | 0.29 |
| HDFC BSE India Sector Leaders Index Fund Other Scheme - Index Funds | -4.40 | -5.86 | -5.85 | – | – | – | – | – |
| DSP Nifty Midcap 150 Index Fund Other Scheme - Index Funds | -10.27 | -9.30 | -6.71 | – | – | – | – | 0.21 |
| DSP Nifty Smallcap 250 Index Fund Other Scheme - Index Funds | -11.11 | -7.15 | -1.19 | – | – | – | – | 0.22 |
| Navi Nifty Midsmallcap 400 Index Fund Other Scheme - Index Funds | -10.48 | -8.53 | -4.98 | – | – | – | – | 0.15 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India ETF BSE Sensex Other Scheme - Other ETFs | -2.24 | -4.05 | -5.07 | -12.65 | 5.40 | 4.98 | 11.28 | 0.03 |
| Nippon India Retirement Fund- Wealth Creation Scheme Solution Oriented Scheme - Retirement Fund | -7.66 | -7.40 | -7.20 | -10.15 | 8.94 | 8.46 | 10.28 | 0.85 |
| Nippon India Retirement Fund- Income Generation Scheme Solution Oriented Scheme - Retirement Fund | -2.42 | -2.72 | -0.68 | -2.38 | 6.41 | 5.73 | 6.80 | 0.83 |
| Nippon India Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.53 | -0.05 | 1.98 | 3.64 | 6.88 | 6.09 | 7.09 | – |
| Nippon India ETF Nifty 50 Value 20 Other Scheme - Other ETFs | -1.93 | -4.13 | -9.22 | -12.95 | 4.97 | 6.15 | -10.10 | 0.22 |
| Nippon India US Equity Opportunities Fund Sectoral/Thematic - International | -1.23 | 4.16 | 9.73 | 15.37 | 21.14 | 11.41 | 16.32 | 1.08 |
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt Other Scheme - Other ETFs | -2.27 | -2.47 | -0.23 | 0.39 | 6.38 | 5.14 | 5.92 | 0.09 |
| Nippon India ETF Nifty 50 BeES Other Scheme - Other ETFs | -3.58 | -5.08 | -5.72 | -11.78 | 6.63 | 5.72 | – | 0.03 |