Nippon India Nifty India Manufacturing Index Fund(IDCW)
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Business Overview
The Nippon India Nifty India Manufacturing Index Fund (IDCW) is designed for investors looking to capitalize on the growth of India's manufacturing sector. This fund tracks the Nifty India Manufacturing Index, offering diversified exposure to leading manufacturing companies. It is ideal for those seeking long-term capital appreciation while benefiting from the robust growth potential of the Indian economy. By investing in this fund, you align with the government’s push for 'Make in India' and gain access to a well-researched portfolio of manufacturing stocks.
- Tracks the Nifty India Manufacturing Index
- Diversified exposure to top manufacturing companies
- Ideal for long-term capital appreciation
- Supports India's manufacturing growth story
- Managed by experienced professionals
- Aligns with government initiatives like 'Make in India'
Investment Thesis
Nippon India Nifty India Manufacturing Index Fund stands out due to its credible promoter group and robust growth potential in digital services. With attractive valuations compared to its peers, this fund presents a compelling investment opportunity for retail investors looking to capitalize on India's manufacturing sector growth.
- Strong backing from Nippon Life Insurance, enhancing credibility.
- Significant growth potential in India's digital services sector.
- Attractive valuation metrics compared to industry peers.
- Diversified exposure to leading manufacturing companies.
- Alignment with India's 'Make in India' initiative for long-term growth.
Opportunity vs Risk
- Growing manufacturing sector in India
- Government initiatives boosting manufacturing
- Potential for long-term capital appreciation
- Diversification in manufacturing investments
- Economic slowdown affecting manufacturing
- Regulatory changes impacting operations
- Global supply chain disruptions
- High competition in the sector
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10BusinessHighManufacturing sector is essential for India's growth, but faces challenges.
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10GrowthHighModerate revenue growth observed, but consistency is variable.
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10ProfitabilityHighROE and ROCE are average; cash flow is stable but not exceptional.
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8ValuationHighValuation metrics are in line with peers but show limited upside.
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7BalanceHighDebt levels are manageable, but liquidity could be improved.
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5GovernanceGoodPromoter holding is decent, but transparency in disclosures is lacking.
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5DriversGoodGrowth drivers exist, but execution risks are significant.
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3TechnicalsLowMarket sentiment is neutral; liquidity is low.