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.

₹14.21

▲0.3%1D

NAV as on 04 Jul 2025

25.7%/per year

Since Inception

Absolute Gain%

▲▼

2866 people have invested ₹ 1.1Cr 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 (04-Jul-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
3.05%
2.74%
-
3 Months
16%
13.25%
-
6 Months
1.28%
3.76%
-
1 Year
-0.84%
2.5%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis India Manufacturing Fund
-
5,533Cr
0.47%
-0.84%
-
25.7%
ICICI Prudential India Opportunities Fund Direct Growth
1/39
28,204Cr
0.63%
11.59%
30.2%
23.45%
ICICI Prudential Business Cycle Fund Direct Growth
2/39
12,972Cr
0.72%
9.17%
27.6%
23.86%
ICICI Prudential Exports and Services Fund Direct Growth
3/39
1,396Cr
1.69%
9.83%
24.89%
19.63%
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 (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 99.9%

Debt & Cash 0.1%

Large cap
60.5%
Mid cap
24.2%
Small cap
14.8%
Large Cap allocation has gone up from 59.5% to 60.5%
Large Cap allocation has gone up from 59.5% to 60.5%
Small Cap allocation has gone up from 13.6% to 14.8%
Small Cap allocation has gone up from 13.6% to 14.8%
Mid Cap allocation has gone up from 21.9% to 24.2%
Mid Cap allocation has gone up from 21.9% to 24.2%
Cash allocation has gone down from 4.7% to 0.1%
Cash allocation has gone down from 4.7% to 0.1%

Axis India Manufacturing Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 99.9%

Debt & Cash 0.1%

Industrial
29.1%
Consumer Cyclical
25%
Health
18.3%
Basic Materials
13.1%
Energy
7.5%
Tech
2.8%
Consumer Defensive
2%
Real Estate
1.2%
Utilities
1%

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

May'25

Consumer Cyclical

25%

Industrial

24%

Basic Materials

21%

Apr'25

Consumer Cyclical

22%

Industrial

21%

Basic Materials

20%

Axis India Manufacturing Fund Holdings Details

as on (30-Jun-25)

Equity

Top Stocks bought last month
Tata Steel Ltd's allocation increased from 1.87% to 2.8%
Tata Steel Ltd's allocation increased from 1.87% to 2.8%
Bharat Electronics Ltd's allocation increased from 2.48% to 3.27%
Bharat Electronics Ltd's allocation increased from 2.48% to 3.27%
GE Vernova T&D India Ltd's allocation increased from 1.04% to 1.68%
GE Vernova T&D India Ltd's allocation increased from 1.04% to 1.68%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 5.29 % to 5.18 %
Reliance Industries Ltd's allocation decreased from 5.29 % to 5.18 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.83 % to 4.14 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.83 % to 4.14 %
Maruti Suzuki India Ltd's allocation decreased from 2.81 % to 2.73 %
Maruti Suzuki India Ltd's allocation decreased from 2.81 % to 2.73 %

Axis India Manufacturing Fund Direct Growth Overview

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

Expense ratio0.47%
Benchmark
Nifty India Manufacturing TR INR
AUM₹5533 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 ₹5533 Cr worth of assets under management (AUM) as on Jun 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 25.70% since inception. Over the last 1 year the fund has given a CAGR return of -0.84%.

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, Real Estate, Utilities. Its top holdings are Mahindra & Mahindra Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd, Bharat Electronics Ltd, Tata Steel 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
May'25
Apr'25
Mar'25
AUM
₹ 5.5K Cr
₹ 5.4K Cr
₹ 5.3K Cr
  • AUM of the fund stands at 5.5K Cr as of May'25
  • AUM increased by 171.7 Cr between May'25 and Apr'25

Frequently Asked Questions for Axis India Manufacturing Fund Direct Growth

How do I invest in Axis India Manufacturing Fund?

INDmoney makes it simple to invest in the Axis India Manufacturing Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of Axis India Manufacturing Fund?

The NAV of the fund today is ₹14.21. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis India Manufacturing Fund fund has generated a return of -0.84% in 1 year

Who is the fund manager of Axis India Manufacturing Fund?

The fund managers are Shreyash Devalkar.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.47%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹5533 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis India Manufacturing Fund?

The top 3 holdings of the fund are Mahindra & Mahindra Ltd(5.32%), Reliance Industries Ltd(5.18%), Sun Pharmaceuticals Industries Ltd(4.14%)