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Fund Overview

Fund Size

Fund Size

₹4,683 Cr

Expense Ratio

Expense Ratio

0.38%

ISIN

ISIN

INF846K016S3

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

21 Dec 2023

About this fund

Axis India Manufacturing Fund Direct Growth is a Equity - Other mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 5 months and 6 days, having been launched on 21-Dec-23.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹13.21, Assets Under Management (AUM) of 4683.25 Crores, and an expense ratio of 0.38%.
  • Axis India Manufacturing Fund Direct Growth has given a CAGR return of 32.10% since inception.
  • The fund's asset allocation comprises around 95.09% in equities, 0.00% in debts, and 4.91% in cash & cash equivalents.
  • You can start investing in Axis India Manufacturing Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+32.10%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity4,453.26 Cr95.09%
Others229.99 Cr4.91%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Mahindra & Mahindra LtdEquity276.63 Cr5.91%
Tata Motors LtdEquity255 Cr5.44%
Reliance Industries LtdEquity242.52 Cr5.18%
Sun Pharmaceuticals Industries LtdEquity235.86 Cr5.04%
Clearing Corporation Of India LtdCash - Repurchase Agreement180.93 Cr3.86%
Bajaj Auto LtdEquity170.48 Cr3.64%
Bharat Electronics LtdEquity160.45 Cr3.43%
Maruti Suzuki India LtdEquity116.66 Cr2.49%
Siemens LtdEquity115.72 Cr2.47%
Tata Steel LtdEquity112.26 Cr2.40%
Cipla LtdEquity111.57 Cr2.38%
Larsen & Toubro LtdEquity97.05 Cr2.07%
Hindalco Industries LtdEquity95.04 Cr2.03%
Hindustan Aeronautics Ltd Ordinary SharesEquity92.51 Cr1.98%
Cummins India LtdEquity92.23 Cr1.97%
Linde India LtdEquity85.58 Cr1.83%
Pidilite Industries LtdEquity78.24 Cr1.67%
ABB India LtdEquity77.16 Cr1.65%
Torrent Pharmaceuticals LtdEquity75.91 Cr1.62%
Jindal Steel & Power LtdEquity71.77 Cr1.53%
Hitachi Energy India Ltd Ordinary SharesEquity71.62 Cr1.53%
Apar Industries LtdEquity69.69 Cr1.49%
Mankind Pharma LtdEquity68.26 Cr1.46%
Voltas LtdEquity67.23 Cr1.44%
Schaeffler India LtdEquity66.22 Cr1.41%
UNO Minda LtdEquity66.21 Cr1.41%
Minda Corp LtdEquity65.92 Cr1.41%
KEI Industries LtdEquity65.48 Cr1.40%
Indian Oil Corp LtdEquity65.39 Cr1.40%
J.B. Chemicals & Pharmaceuticals LtdEquity61.03 Cr1.30%
Sona BLW Precision Forgings LtdEquity56.6 Cr1.21%
Jyoti CNC Automation LtdEquity55.64 Cr1.19%
CG Power & Industrial Solutions LtdEquity55.4 Cr1.18%
Ajanta Pharma LtdEquity51.63 Cr1.10%
Solar Industries India LtdEquity50.69 Cr1.08%
Net Receivables / (Payables)Cash49.05 Cr1.05%
Hindustan Petroleum Corp LtdEquity48.11 Cr1.03%
NTPC LtdEquity47.22 Cr1.01%
Samvardhana Motherson International LtdEquity45.86 Cr0.98%
Prestige Estates Projects LtdEquity45.26 Cr0.97%
Bharat Petroleum Corp LtdEquity44.09 Cr0.94%
Carborundum Universal LtdEquity44 Cr0.94%
Varun Beverages LtdEquity38.97 Cr0.83%
Godrej Consumer Products LtdEquity36.59 Cr0.78%
TVS Motor Co LtdEquity36.44 Cr0.78%
Dixon Technologies (India) LtdEquity35.45 Cr0.76%
Bharat Forge LtdEquity34.89 Cr0.74%
PI Industries LtdEquity33.44 Cr0.71%
Sansera Engineering LtdEquity32.62 Cr0.70%
R R Kabel LtdEquity32.29 Cr0.69%
Coal India LtdEquity29.73 Cr0.63%
Bharat Dynamics Ltd Ordinary SharesEquity28.21 Cr0.60%
Kaynes Technology India LtdEquity25.45 Cr0.54%
RHI Magnesita India LtdEquity25.4 Cr0.54%
Torrent Power LtdEquity23.47 Cr0.50%
Divi's Laboratories LtdEquity22.72 Cr0.49%
Max Healthcare Institute Ltd Ordinary SharesEquity21.53 Cr0.46%
UltraTech Cement LtdEquity19.94 Cr0.43%
Lupin LtdEquity19.88 Cr0.42%
Triveni Turbine LtdEquity19.86 Cr0.42%
Fortis Healthcare LtdEquity19.38 Cr0.41%
Happy Forgings LtdEquity18.7 Cr0.40%
Godrej Properties LtdEquity18.53 Cr0.40%
Suven Pharmaceuticals LtdEquity17.75 Cr0.38%
Jupiter Life Line Hospitals LtdEquity16.95 Cr0.36%
JK Cement LtdEquity16 Cr0.34%
Titagarh Rail Systems LtdEquity14.53 Cr0.31%
Rolex Rings LtdEquity14.13 Cr0.30%
Craftsman Automation LtdEquity13.28 Cr0.28%
Grindwell Norton LtdEquity8.35 Cr0.18%
Rainbow Childrens Medicare LtdEquity4.6 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

61.36%

Mid Cap Stocks

21.93%

Small Cap Stocks

11.81%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials1,212.08 Cr25.88%
Consumer Cyclical1,204.19 Cr25.71%
Healthcare727.07 Cr15.53%
Basic Materials562.96 Cr12.02%
Energy429.84 Cr9.18%
Technology107.08 Cr2.29%
Consumer Defensive75.55 Cr1.61%
Utilities70.69 Cr1.51%
Real Estate63.8 Cr1.36%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

SD

Shreyash Devalkar

Since December 2023

Nitin Arora

Nitin Arora

Since December 2023

Additional Scheme Detailsas of 30th April 2024

ISININF846K016S3Expense Ratio0.38%Exit Load1.00%Fund Size₹4,683 CrAge21 Dec 2023Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty India Manufacturing TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
SBI Equity Minimum Variance Fund Direct Growth

Very High Risk

0.4%0.0%₹189.69 Cr32.8%
SBI Equity Minimum Variance Fund Regular Growth

Very High Risk

0.7%0.0%₹189.69 Cr32.4%
Bandhan Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%0.0%₹469.41 Cr63.8%
Bandhan Transportation and Logistics Fund Regular Growth

Very High Risk

2.4%0.0%₹469.41 Cr61.2%
ICICI Prudential Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹2838.70 Cr62.2%
ICICI Prudential Transportation and Logistics Fund Regular Growth

Very High Risk

2.0%1.0%₹2838.70 Cr60.0%
HDFC NIFTY200 Momentum 30 ETF

Very High Risk

0.3%-₹11.35 Cr63.0%
HDFC NIFTY100 Low Volatility 30 ETF

Very High Risk

0.3%-₹5.95 Cr34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹141.30 Cr75.6%
DSP Nifty Midcap 150 Quality 50 ETF

Low Risk

0.3%-₹85.36 Cr39.2%

About the AMC

Total AUM

₹2,79,542 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹96.79 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹4683.25 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-6.9%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-6.8%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.96 Cr6.8%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13681.43 Cr6.7%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹880.21 Cr25.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹293.15 Cr72.4%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹5310.41 Cr34.4%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹8707.60 Cr7.6%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1588.78 Cr22.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1216.85 Cr38.4%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5287.33 Cr7.4%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹1362.05 Cr31.0%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4177.79 Cr8.2%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹146.76 Cr2.7%
Axis Value Fund Direct Growth

Very High Risk

1.1%1.0%₹531.98 Cr51.6%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹174.28 Cr7.4%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹322.22 Cr8.3%
Axis Bluechip Fund Direct Growth

Very High Risk

0.6%1.0%₹33351.61 Cr30.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1737.25 Cr6.4%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹482.60 Cr17.5%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13893.00 Cr27.3%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹334.85 Cr10.4%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1933.99 Cr7.8%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35641.94 Cr31.5%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7945.25 Cr7.2%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹35507.54 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1202.42 Cr22.0%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹26636.78 Cr46.8%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5585.73 Cr7.4%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹907.89 Cr19.5%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2123.94 Cr28.0%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹280.68 Cr58.0%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹105.45 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34.01 Cr6.7%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹454.13 Cr7.7%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4701.35 Cr7.6%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹5310.41 Cr51.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.60 Cr6.7%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹291.83 Cr6.4%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹37.60 Cr24.1%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹165.80 Cr68.7%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹541.26 Cr7.0%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹249.29 Cr7.7%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.43 Cr26.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Axis India Manufacturing Fund Direct Growth, as of 24-May-2024, is ₹13.21.
The fund's allocation of assets is distributed as 95.09% in equities, 0.00% in bonds, and 4.91% in cash and cash equivalents.
The fund managers responsible for Axis India Manufacturing Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Nitin Arora