Is HDFC Manufacturing Fund a Good Investment? NAV Trends & SIP Benefits

[trishajain704]

I have been exploring sectoral mutual funds and recently came across the HDFC Manufacturing Fund. Since the Indian government is pushing for strong growth in the manufacturing sector, I believe this fund has good potential. However, I want to understand how its NAV (Net Asset Value) has been performing and whether it’s the right time to invest.
I have a few key questions:

1. How frequently should I check the HDFC Manufacturing Fund NAV to track its performance?
   
2. Is it better to invest through a lump sum or opt for the best SIP strategy to manage risk?
   
3. What are the expected returns and risks associated with this sectoral fund?
   
4. How does this fund compare to other manufacturing-focused funds in the market?
   

I am considering starting an SIP (Systematic Investment Plan) to benefit from rupee cost averaging, but I am also wondering if a lump sum investment would be better given the market trends.
If anyone has experience investing in the HDFC Manufacturing Fund, I would love to hear your insights. How has your investment performed so far? Is this fund suitable for long-term wealth creation?
Looking forward to your thoughts and expert opinions!