OtherIndex FundsDirect · Growth
Nippon India Nifty India Manufacturing Index Fund- Direct Plan- Growth Option
Nippon India · Scheme 153806
₹11.57▼ 0.18%NAV · 2026-09-18
Strong FundScore
AUM
₹41 cr
Expense ratio
0.35%
3Y CAGR
—
Risk level
High
Min SIP
₹100
Benchmark
Underlying index
Fund manager: Himanshu MangeExit load: Nil
Strong · 74/100
A high-quality fund that scores well on the factors that matter.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 12%.
- ✓Low cost — 0.35% expense ratio means more of the return stays with you.
- ✓Volatility: 15% annualised
- ✓Max drawdown: -12%
📉 What could drag it down
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sortino ratio: 0.95
- •AUM stability: ₹41 cr
FundScore breakdown
74/100 · Strong
Returns
Average
Consistency
Average
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.