Axis India Manufacturing Fund Direct Growth

Axis India Manufacturing Fund Direct Growth

Equity

Axis Mutual Fund

Equity - Other

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.

₹13.55

▼-1.5%1D

NAV as on 20 May 2025

23.99%/per year

Since Inception

Absolute Gain%

▲▼

2867 people have invested ₹ 79.5L 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 (20-May-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
6.44%
4.17%
-
3 Months
9.81%
8.42%
-
6 Months
0.44%
2.64%
-
1 Year
5.53%
6.82%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis India Manufacturing Fund
-
5,361Cr
0.46%
5.53%
-
23.99%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
27,197Cr
0.69%
15.99%
28.75%
23.22%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,375Cr
0.74%
11.52%
26.39%
23.29%
Nippon India Power & Infra Fund Direct Growth
7/39
7,026Cr
1.03%
3.8%
34.43%
15.67%
See all

Axis India Manufacturing Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis India Manufacturing Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 95.3%

Debt & Cash 4.7%

Large cap
59.5%
Mid cap
21.9%
Small cap
13.6%
Mid Cap allocation has gone up from 20.8% to 21.9%
Mid Cap allocation has gone up from 20.8% to 21.9%
Large Cap allocation has gone down from 59.7% to 59.5%
Large Cap allocation has gone down from 59.7% to 59.5%
Small Cap allocation has gone down from 14.1% to 13.6%
Small Cap allocation has gone down from 14.1% to 13.6%
Cash allocation has gone down from 5.4% to 4.7%
Cash allocation has gone down from 5.4% to 4.7%

Axis India Manufacturing Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 95.3%

Debt & Cash 4.7%

Consumer Cyclical
29.1%
Industrial
25.4%
Health
16.5%
Basic Materials
13.5%
Energy
8.4%
Tech
2.6%
Consumer Defensive
1.8%
Real Estate
1.5%
Utilities
1.1%

Top 3 Sectors in April were Industrial, Consumer Cyclical & Basic Materials

Apr'25

Consumer Cyclical

22%

Industrial

21%

Basic Materials

20%

Mar'25

Industrial

23%

Consumer Cyclical

22%

Basic Materials

20%

Axis India Manufacturing Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 4.66% to 5.29%
Reliance Industries Ltd's allocation increased from 4.66% to 5.29%
Mahindra & Mahindra Ltd's allocation increased from 4.89% to 5.31%
Mahindra & Mahindra Ltd's allocation increased from 4.89% to 5.31%
Bharat Forge Ltd's allocation increased from 0.3% to 0.7%
Bharat Forge Ltd's allocation increased from 0.3% to 0.7%
Top Stocks sold last month
Hindalco Industries Ltd's allocation decreased from 3.06 % to 2.76 %
Hindalco Industries Ltd's allocation decreased from 3.06 % to 2.76 %
Bharat Electronics Ltd's allocation decreased from 2.72 % to 2.48 %
Bharat Electronics Ltd's allocation decreased from 2.72 % to 2.48 %
Larsen & Toubro Ltd's allocation decreased from 2.66 % to 2.22 %
Larsen & Toubro Ltd's allocation decreased from 2.66 % to 2.22 %

Axis India Manufacturing Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.46%
Benchmark
Nifty India Manufacturing TR INR
AUM₹5361 Cr
Inception Date21 December, 2023
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
6.2%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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 Shreyash Devalkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Axis India Manufacturing Fund Direct Growth has ₹5361 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Axis India Manufacturing Fund Direct Growth has given a CAGR return of 23.99% since inception. Over the last 1 year the fund has given a CAGR return of 5.53%.

Holdings

Axis India Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Basic Materials, Health, Energy, Tech, Consumer Defensive, Utilities, Real Estate. Its top holdings are Sun Pharmaceuticals Industries Ltd, Mahindra & Mahindra Ltd, Reliance Industries Ltd, Maruti Suzuki India Ltd, Hindalco Industries 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 benefit
Dividends 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

Shreyash Devalkar

Fund Manager of Axis India Manufacturing Fund Direct Growth, since 21 December 2023

Learn more about Axis Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 5.4K Cr
₹ 5.3K Cr
₹ 4.9K Cr
  • AUM of the fund stands at 5.4K Cr as of Apr'25
  • AUM increased by 63.1 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Axis India Manufacturing Fund Direct Growth

What is the current NAV of Axis India Manufacturing Fund Direct Growth?

The current NAV of Axis India Manufacturing Fund Direct Growth is ₹13.55 as on 20-May-2025.

What are the average returns of Axis India Manufacturing Fund Direct Growth?

Existing (Absolute + CAGR) as on 20-May-2025.
Axis India Manufacturing Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.44%
6.44%
6 Month Returns
0.44%
0.44%
1 Year Returns
5.53%
5.53%
3 Years Returns
0%
0%

How do I invest in Axis India Manufacturing Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Axis India Manufacturing Fund Direct Growth?

0.46% as on April 2025

What is net assets under management (AUM) of Axis India Manufacturing Fund Direct Growth?

₹5361 Cr as on April 2025

What are the top 5 holdings of Axis India Manufacturing Fund Direct Growth?

Sun Pharmaceuticals Industries Ltd(5.83%), Mahindra & Mahindra Ltd(5.31%), Reliance Industries Ltd(5.29%), Maruti Suzuki India Ltd(2.81%), Hindalco Industries Ltd(2.76%) as on April 2025

What are the top 3 sectors that this Axis India Manufacturing Fund Direct Growth has invested in?

Consumer Cyclical(21.45%), Industrial(20.45%), Basic Materials(19.15%) as on April 2025

What is the alpha of Axis India Manufacturing Fund Direct Growth?

The alpha ratio for the Axis India Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Axis India Manufacturing Fund Direct Growth
-
-
-
As on April 2025
The alpha for Axis India Manufacturing Fund Direct Growth is calculated against Nifty India Manufacturing TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Axis India Manufacturing Fund Direct Growth??

The Beta ratio for the Axis India Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Axis India Manufacturing Fund Direct Growth
-
-
-
As on April 2025
The Beta for Axis India Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Axis India Manufacturing Fund Direct Growth?

The sharpe ratio for the Axis India Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Axis India Manufacturing Fund Direct Growth
0.09
-
-
As on April 2025
The sharpe ratio for Axis India Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Axis India Manufacturing Fund Direct Growth?

The standard deviation for the Axis India Manufacturing Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Axis India Manufacturing Fund Direct Growth
20.8
-
-
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

Who is the manager of Axis India Manufacturing Fund Direct Growth?

Shreyash Devalkar is the fund manager of Axis India Manufacturing Fund Direct Growth

What is the exit load of Axis India Manufacturing Fund Direct Growth?

The Exit load of Axis India Manufacturing Fund Direct Growth is 1%