Axis India Manufacturing Fund Direct Growth
NAV as on 29-04-2025
₹ 13.11
▲1.9%
1D
Inception Returns
22.2%
/yr
Historical NAV & Returns
Absolute
▲
▼
2961 people have invested ₹ 92.9L in Axis India Manufacturing Fund Direct Growth in the last three months
About Axis India Manufacturing Fund Direct Growth
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
- Axis India Manufacturing Fund Direct Growth has ₹5298 Cr worth of assets under management (AUM) as on Mar 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 22.17% since inception. Over the last 1 year the fund has given a CAGR return of 7.99%.
Holdings
Axis India Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Health, Energy, Tech, Consumer Defensive, Utilities, Real Estate. Its top holdings are Sun Pharmaceuticals Industries Ltd, Mahindra & Mahindra Ltd, Reliance Industries Ltd, Hindalco Industries Ltd, Maruti Suzuki 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.
Axis India Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹5298 Cr |
| Inception Date | 21 December, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 6.2% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
59.7%
Mid cap
20.8%
Small cap
14.1%
Sector Allocation
Industrial
22.6%
Consumer Cyclical
22.4%
Basic Materials
19.8%
Health
19.7%
Energy
8.5%
Tech
4.2%
Consumer Defensive
2.2%
Utilities
0.6%
Real Estate
0.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.81% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.56% in Mar'25
- AUM of the fund stands at 5.3K Cr as of Mar'25
- AUM increased by 371.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Solar Industries India Ltd's allocation increased from 1.72% to 2.39%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.15% to 1.8%
Bharat Electronics Ltd's allocation increased from 2.21% to 2.72%
Top Stocks sold last month
Sun Pharmaceuticals Industries Ltd's allocation decreased from 5.72 % to 5.59 %
Mahindra & Mahindra Ltd's allocation decreased from 5.2 % to 4.89 %
Maruti Suzuki India Ltd's allocation decreased from 3.09 % to 2.77 %
Mid Cap allocation has gone up from 19.8% to 20.8%
Large Cap allocation has gone up from 58.5% to 59.7%
Small Cap allocation has gone up from 14% to 14.1%
Cash allocation has gone down from 7.3% to 5.4%
Top 3 Sectors in March were Consumer Cyclical, Health & Industrial
Mar'25
Industrial
23%
Consumer Cyclical
22%
Basic Materials
20%
Feb'25
Consumer Cyclical
24%
Health
22%
Industrial
21%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Sun Pharmaceuticals Industries Ltd | 5.59% | -3.5% | |
 Mahindra & Mahindra Ltd | 4.89% | -2% | |
 Reliance Industries Ltd | 4.66% | 4.5% | |
 Hindalco Industries Ltd | 3.06% | 0% | |
 Maruti Suzuki India Ltd | 2.77% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis India Manufacturing Fund Direct Growth | 7.99% | - | - | 22.17% |
 Sundaram Services Direct Growth | 17.91% | 19% | 29.6% | 21.5% |
 ICICI Prudential India Opportunities Fund Direct Growth | 15.43% | 24.31% | 35.97% | 23.21% |
ICICI Prudential Business Cycle Fund Direct Growth | 11.51% | 22.27% | - | 23.18% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Solar Industries India Ltd | 17.9% |
 Hindustan Aeronautics Ltd | 4.8% |
 Jyoti CNC Automation Ltd | 1.6% |
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Shreyash Devalkar
Fund Manager of Axis India Manufacturing Fund Direct Growth, since 21 December 2023
Top funds managed
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.08L Cr
as on 31-Mar-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com
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 an average annual returns of 22.17% since inception which is more than its category average return of 9.64%
Fund Allocations
This fund has an allocation of 94.58% in Equity, 0% in Debt and 5.42% in Cash related instruments
AUM size ₹5298 Cr
This fund has AUM of ₹5298 Cr which is more than its category average of ₹ 2034 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.31%
More funds from Axis
3Y CAGR
▲ 23.32
3Y CAGR
▲ 22.69
3Y CAGR
▲ 22.04
3Y CAGR
▲ 18.83
5Y CAGR
▲ 31.71
Frequently Asked Questions for Axis India Manufacturing Fund Direct Growth
The current NAV of Axis India Manufacturing Fund Direct Growth is ₹13.11 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Axis India Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.07% | 3.07% |
6 Month Returns | -5.07% | -5.07% |
1 Year Returns | 7.99% | 7.99% |
3 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.
0.46% as on March 2025
₹5298 Cr as on March 2025
Sun Pharmaceuticals Industries Ltd(5.59%), Mahindra & Mahindra Ltd(4.89%), Reliance Industries Ltd(4.66%), Hindalco Industries Ltd(3.06%), Maruti Suzuki India Ltd(2.77%) as on March 2025
Industrial(21.39%), Consumer Cyclical(21.18%), Basic Materials(18.71%) as on March 2025
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 March 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%.
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 March 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.
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 | 0.2 | - | - |
As on March 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.
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 | 21.16 | - | - |
As on March 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.
Shreyash Devalkar is the fund manager of Axis India Manufacturing Fund Direct Growth
The Exit load of Axis India Manufacturing Fund Direct Growth is 1%