Axis India Manufacturing Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 12.84 as on 17-05-2024
About the Fund
Axis India Manufacturing Fund Direct Growth is an equity fund. This fund was started on 21 December, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis India Manufacturing Fund Direct Growth has ₹4683 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
2194 people have invested ₹ 2.2Cr in Axis India Manufacturing Fund Direct Growth in the last three months
Overview
 | 0.38% |
 Benchmark | Nifty India Manufacturing TR INR |
 | ₹4683 Cr |
 | 21 December, 2023 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
Axis India Manufacturing Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
61.4%
Mid cap
21.9%
Small cap
11.8%
Sector Allocation
Industrial
27.2%
Consumer Cyclical
27%
Health
16.3%
Basic Materials
12.6%
Energy
9.7%
Tech
2.4%
Consumer Defensive
1.7%
Utilities
1.6%
Real Estate
1.4%
Top Holdings of Axis India Manufacturing Fund Direct Growth as on (30-Apr-24)
Equity Holdings69
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Hitachi Energy India Ltd | 33.7% |
 Linde India Ltd | 30.2% |
 Mahindra & Mahindra Ltd | 24.2% |
Top Losers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | -2.8% |
 Sun Pharmaceuticals Industries Ltd | 1% |
 Cipla Ltd | 3.8% |
Peer Analysis
Axis India Manufacturing Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 28.4% since inception (21nd Dec 2023)
Fund Allocations
This fund has an allocation of 95.09% in Equity, 0% in Debt and 4.91% in Cash related instruments
AUM size ₹4683 Cr
This fund has AUM of ₹4683 Cr which is more than its category average of ₹ 1861 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of Axis India Manufacturing Fund Direct Growth is ₹12.84 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Axis India Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.81% | 8.81% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.38% as on April 2024
₹4683 Cr as on April 2024
Mahindra & Mahindra Ltd(5.91%), Tata Motors Ltd(5.44%), Reliance Industries Ltd(5.18%), Sun Pharmaceuticals Industries Ltd(5.04%), Bajaj Auto Ltd(3.64%) as on April 2024
Industrial(25.88%), Consumer Cyclical(25.71%), Health(15.52%) as on April 2024
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 2024
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%.
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 2024
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.
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 | - | - | - |
As on April 2024
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.
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 | - | - | - |
As on April 2024
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.
The Exit load of Axis India Manufacturing Fund Direct Growth is 1%