Axis India Manufacturing Fund Direct Growth
Get the latest NAV of Axis India Manufacturing Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹14.55
▲0.6%1D
NAV as on 15 Sep 2025
24.19%/per year
Since Inception
▲▼
3051 people have invested ₹ 1.2Cr in Axis India Manufacturing Fund Direct Growth in the last three months
Axis India Manufacturing Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (15-Sep-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Axis India Manufacturing Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis India Manufacturing Fund Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
Axis India Manufacturing Fund Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top 3 Sectors in August were Industrial, Consumer Cyclical & Basic Materials
Industrial
26%
Consumer Cyclical
24%
Basic Materials
19%
Industrial
26%
Consumer Cyclical
24%
Basic Materials
19%
Axis India Manufacturing Fund Holdings Details
as on (31-Aug-25)
Axis India Manufacturing Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.49% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹5205 Cr |
| Inception Date | 21 December, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 51.67% |
| Risk |   Very High Risk |
About Axis India Manufacturing Fund
Axis India Manufacturing Fund Direct Growth is an equity fund. This fund was started on 21 December, 2023. The fund is managed by Nitin Arora, Shreyash Devalkar. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis India Manufacturing Fund Direct Growth has ₹5205 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Axis India Manufacturing Fund Direct Growth has given a CAGR return of 24.19% since inception. Over the last 1 year the fund has given a CAGR return of -0.75%.
Holdings
Axis India Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Health, Energy, Tech, Utilities, Corporate, Consumer Defensive, Real Estate. Its top holdings are Mahindra & Mahindra Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd, Bharat Electronics Ltd, Cummins India Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis India Manufacturing Fund Direct Growth
To provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Axis India Manufacturing Fund Direct Growth has no lock in period.
Fund Manager
Nitin Arora
Fund Manager of Axis India Manufacturing Fund Direct Growth, since 21 December 2023
Shreyash Devalkar
Fund Manager of Axis India Manufacturing Fund Direct Growth, since 21 December 2023
- AUM of the fund stands at 5.2K Cr as of Aug'25
- AUM decreased by 139.4 Cr between Aug'25 and Jul'25
Frequently Asked Questions for Axis India Manufacturing Fund Direct Growth
How do I invest in Axis India Manufacturing Fund?
- Download the INDmoney app.
- Search for ‘Axis India Manufacturing Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.