Introducing the HDFC Manufacturing Funds
Do you wish to build a strong foundation in the industry growth? In case, the answer is yes, then investment in the HDFC Manufacturing Fund will let give you an amazing opportunity to do so.
This fund belongs to the Thematic Funds, which is a fund that directs their investments on companies that undertake manufacturing. The main purpose of these funds is to realize a steady gain within the long-term holding period through investments in the equities and the related products of the firms in question. It is Open Ended scheme that started on May 15, 2024, with an AUM of Rs. 13,631 Crore at present.
In addition to this, the CAGR i.e. consolidated annual growth return of HDFC Manufacturing Mutual Fund since its launching is 4.82%. The funds are at present under the administration of the Fund Manager Mr. Rakesh Sethia.
The Funds have also focused on the initiation of government ‘Make in India’ for making profits.
The HDFC Manufacturing MF NAV (Net Asset Value) is defined as the total price value of the asset held which is typically calculated at the end of the financial hours of the day.
Investors with the vision of long-term growth in their financial goals are well suited for investing in these funds. These funds expand to different sectors in upcoming years which will help investors to improve their portfolios.
Are you ready to know more about these funds? Then move ahead to learn the benefits of investing in these funds.
What are the benefits of the HDFC Manufacturing Fund?
There are some reasons mentioned below which show the benefits of these funds:
1. Vision: Investing in these funds gives you a vision for long-term growth that improves your portfolio.
2. High-Income Growth: In the coming years, the manufacturing sector will grow at a fast pace that will directly expand the growth income of investors.
3. Professional Management: Funds are managed under the control of the fund managers who will monitor the market’s economic swings and make plans accordingly.
4. Flexibility: Investors are flexible to choose any investment style from lumpsum or systematic investing plan according to their financial goals, risk-taking capacity, and time.
5. Expanding Manufacturing Sector: These funds are more focused on industries that are aligned with the government’s initiatives like ‘Make in India’ that gradually help in expanding the manufacturing sector.
Let’s have a look by moving forward one step ahead to learn further about these dynamic fund schemes.
Why you should invest in the HDFC Manufacturing Fund?
Let’s learn more by understanding why you should go for investing in these funds.
- Long-term Profits: As these funds are aligned with the rapidly growing industries and manufacturing sectors. Investing in HDFC Manufacturing Fund will make profits in the long term.
- Professional Management: There is security as professionals are managing the funds by monitoring the economic swings.
- Long-term Growth: The government is also taking initiatives to boost the manufacturing sectors to appreciate long-term potential growth.
- High Return: Rapid increases demands of consumers result in the growth of manufacturing firms that include pharmaceuticals, automobiles, fashion, telecommunication, etc. automatically increasing the fund’s returns.
Moving with a step ahead to know what kind of people can invest in these funds.
Who can invest in HDFC Manufacturing Funds?
As the manufacturing sector is becoming wider day by day, many investors are willing to invest in this scheme but few people can invest in them.
- Long-term seekers- With support from the government’s initiatives like ‘Made in India’, the manufacturing sector is on the rise. Investors willing to be a part of a long-term race can invest in these funds.
- High-Return seekers- Due to high consumer demand and increasing supply chains there are a lot of earning margins in this sector. If you are someone willing to earn high returns by taking on a little more risk. These funds are perfect for you.
- Risk-takers- As you know, manufacturing funds are theme-based concepts that make them more exposed to market shifts. If you are someone willing to bet against these market fluctuations to make higher returns, these funds are for you. Investors who have high-risk-taking and managing capacity can opt for this scheme.
- Seeking Diversification- If you have a common equity-based portfolio and want to make it diversified. These theme-based funds have different sectors within them that will give you diversification for investments and make your portfolio diversified.
Let’s understand the steps to be followed to start investing in these schemes of funds.
How to invest in HDFC Manufacturing Funds?
There are the following steps to be followed for the investment in the HDFC Manufacturing Fund:
Step 1: Platform Selection: This is the first step to take by choosing a reliable platform for investing.
Step 2: Create Account: Make your account by giving information such as name, phone number, email, bank details, ID proofs, etc. as per the requirements.
Step 3: Authentication: Verify your account details and make KYC (Know Your Customer) verification for further completion of the process.
Step 4: Selection of Fund: Select the reliable fund plan as per your financial goals, risk tolerance, and time.
Step 5: Recheck and Confirm: Review the details you have filled in and confirm them.
Step 6: Monitoring: You can keep monitoring the status of your investments.
Step 7: Plan Strategy: You can plan a strategy for making further investments according to the status of your invested funds.
In conclusion, the analysis gives you a brief understanding of the scheme.
Conclusion
In the end, the brief analysis of the scheme shows that this scheme has a good scope for investments as the funds are invested in the companies that come under the manufacturing sector. This fund scheme is ideal for those who wish to have long-term potential growth, high returns, and high-risk tolerance although it has high risks of market swings.
Investors who want to invest regularly to get updated with the economic traits and be positioned in the market can opt for the SIP route. This investment route allows investing weekly, monthly, quarterly, and even yearly to bring long-term income with the potential to stay in the market. Also, this has an allowance with the flexibility of withdrawing money whenever there is a requirement or when you reach your financial goal.
