MF Gyan
sectorHigh risk5 years oldAccelerating recently (last 6m ≈ 33% p.a.)

Kotak Manufacture in India Fund - Direct Plan - Growth

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Kotak Mahindra Mutual Fund. It's been running since 2 Mar 2022.

Latest price per unit
₹23.945
▲ 0.16% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.20 L
▲ ₹19.8k gain · 19.8% / year
Invested 3 years ago
₹1.75 L
▲ ₹74.9k gain · 20.5% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.31 L
Gain / loss+₹51.4k
XIRR (annualised)17.89%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.39 L
Projected gain*+₹59.5k
*at this fund's historical rate of 17.89% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 363 other funds in Equity Scheme - Sectoral/ Thematic

Same plan
1-year return
19.77%median 6.47% (+13.30%)
Rank #37 of 364Beats 89% of peers
3-year return
20.48%median 13.41% (+7.07%)
Rank #34 of 364Beats 84% of peers
Bumpiness (3Y)
15.90%median 15.55% (+0.36%)
Rank #197 of 364Less risky than 46% of peers
Worst-ever drop
-22.27%median -25.21% (+2.94%)
Rank #221 of 364Less risky than 39% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 5 of last 5 years were positive.

+12%
2022
+34%
2023
+28%
2024
+8%
2025
+14%
2026
Best year
2023 · 33.63%
Worst year
2025 · 8.39%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
15.9%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-22.27%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Kotak Manufacture in India Fund - Direct Plan - Growth against other sector funds.

Technical details (for the pros)
CAGR — 1 year19.77%
CAGR — 3 years20.48%
CAGR — 5 years—
CAGR — since launch21.33%
Volatility — 1 year (annualised)14.98%
Volatility — 3 years (annualised)15.90%
Max drawdown — 1 year-11.57%
Max drawdown — 3 years-22.27%
Sharpe ratio — 1 year (rf=6%)0.83
Sharpe ratio — 3 years (rf=6%)0.82

Fund info

Fund house
Kotak Mahindra Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
Growth
ISIN (Growth)
INF174KA1IF4
ISIN (Div re-invest)
—
Fund code
149841
First price on record
2 Mar 2022 · 1,112 daily prices

About Kotak Manufacture in India Fund - Direct Plan - Growth

Kotak Manufacture in India Fund - Direct Plan - Growth is a Equity Scheme - Sectoral/ Thematic offered by Kotak Mahindra Mutual Fund under the Direct plan with the Growth option. It has approximately 5 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Kotak Manufacture in India Fund - Direct Plan - Growth is ₹23.9450 (as of 4 Sep 2026). Historically, it has delivered 19.75% over the last year, 20.48% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 15.9% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 22.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Kotak Manufacture in India Fund - Direct Plan - Growth?+

The latest NAV of Kotak Manufacture in India Fund - Direct Plan - Growth is ₹23.9450 as of 4 Sep 2026, up 0.16% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Kotak Manufacture in India Fund - Direct Plan - Growth?+

Kotak Manufacture in India Fund - Direct Plan - Growth has delivered 1-year return 19.75%, 3-year CAGR 20.48%, since-inception CAGR 21.33%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Kotak Manufacture in India Fund - Direct Plan - Growth belong to?+

Kotak Manufacture in India Fund - Direct Plan - Growth is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Kotak Manufacture in India Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 15.9%, Kotak Manufacture in India Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Kotak Manufacture in India Fund - Direct Plan - Growth a direct plan?+

Kotak Manufacture in India Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Kotak Manufacture in India Fund - Direct Plan - Growth?+

Kotak Manufacture in India Fund - Direct Plan - Growth has NAV history available from 2 Mar 2022 — approximately 5 years of track record and 1,112 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.