Axis India Manufacturing Fund Direct Growth

Fund Overview

Fund Size

₹6,376 Cr

Expense Ratio

0.33%

ISIN

INF846K016S3

Minimum SIP

₹100

Exit Load

1.00%

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 8 months and 30 days, having been launched on 21-Dec-23.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹14.53, Assets Under Management (AUM) of 6375.52 Crores, and an expense ratio of 0.33%.

Axis India Manufacturing Fund Direct Growth has given a CAGR return of 45.30% since inception.
The fund's asset allocation comprises around 97.87% in equities, 0.00% in debts, and 2.13% 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

+45.30%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2024

Equity	₹6,239.85 Cr	97.87%
Others	₹135.66 Cr	2.13%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Mahindra & Mahindra Ltd	Equity	₹377.88 Cr	5.93%
Sun Pharmaceuticals Industries Ltd	Equity	₹333.66 Cr	5.23%
Tata Motors Ltd	Equity	₹267.9 Cr	4.20%
Reliance Industries Ltd	Equity	₹260.43 Cr	4.08%
Bajaj Auto Ltd	Equity	₹215.22 Cr	3.38%
Bharat Electronics Ltd	Equity	₹188.25 Cr	2.95%
Cipla Ltd	Equity	₹133.78 Cr	2.10%
Cummins India Ltd	Equity	₹128.77 Cr	2.02%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹127.77 Cr	2.00%
Bharat Petroleum Corp Ltd	Equity	₹119.28 Cr	1.87%
Hindalco Industries Ltd	Equity	₹116.23 Cr	1.82%
Granules India Ltd	Equity	₹114.26 Cr	1.79%
Siemens Ltd	Equity	₹113.59 Cr	1.78%
Larsen & Toubro Ltd	Equity	₹112.79 Cr	1.77%
Maruti Suzuki India Ltd	Equity	₹111.57 Cr	1.75%
Net Receivables / (Payables)	Cash - Collateral	₹108.64 Cr	1.70%
Indian Oil Corp Ltd	Equity	₹105.92 Cr	1.66%
Ambuja Cements Ltd	Equity	₹99.26 Cr	1.56%
Tata Steel Ltd	Equity	₹97.12 Cr	1.52%
Voltas Ltd	Equity	₹96.71 Cr	1.52%
Jyoti CNC Automation Ltd	Equity	₹95.6 Cr	1.50%
Minda Corp Ltd	Equity	₹91.76 Cr	1.44%
Apar Industries Ltd	Equity	₹91.55 Cr	1.44%
Pidilite Industries Ltd	Equity	₹89.54 Cr	1.40%
Kaynes Technology India Ltd	Equity	₹86.67 Cr	1.36%
Ajanta Pharma Ltd	Equity	₹82.8 Cr	1.30%
Hitachi Energy India Ltd Ordinary Shares	Equity	₹78.05 Cr	1.22%
Schaeffler India Ltd	Equity	₹77.68 Cr	1.22%
Sansera Engineering Ltd	Equity	₹74.7 Cr	1.17%
Samvardhana Motherson International Ltd	Equity	₹74.38 Cr	1.17%
UNO Minda Ltd	Equity	₹74.36 Cr	1.17%
Sona BLW Precision Forgings Ltd	Equity	₹72.9 Cr	1.14%
TVS Motor Co Ltd	Equity	₹70.99 Cr	1.11%
Zydus Lifesciences Ltd	Equity	₹70.75 Cr	1.11%
ABB India Ltd	Equity	₹70.74 Cr	1.11%
CG Power & Industrial Solutions Ltd	Equity	₹70.26 Cr	1.10%
Solar Industries India Ltd	Equity	₹67.96 Cr	1.07%
PI Industries Ltd	Equity	₹67.7 Cr	1.06%
Prestige Estates Projects Ltd	Equity	₹65.4 Cr	1.03%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹62.59 Cr	0.98%
Divi's Laboratories Ltd	Equity	₹61.1 Cr	0.96%
Jindal Steel & Power Ltd	Equity	₹59.44 Cr	0.93%
V-Guard Industries Ltd	Equity	₹58.38 Cr	0.92%
UltraTech Cement Ltd	Equity	₹56.75 Cr	0.89%
Lupin Ltd	Equity	₹56.7 Cr	0.89%
Mankind Pharma Ltd	Equity	₹56.6 Cr	0.89%
Carborundum Universal Ltd	Equity	₹56.55 Cr	0.89%
Craftsman Automation Ltd	Equity	₹54.91 Cr	0.86%
Bharat Forge Ltd	Equity	₹54.68 Cr	0.86%
Linde India Ltd	Equity	₹50.13 Cr	0.79%
Varun Beverages Ltd	Equity	₹48.54 Cr	0.76%
Sharda Motor Industries Ltd	Equity	₹46.92 Cr	0.74%
Suzlon Energy Ltd	Equity	₹44.94 Cr	0.70%
Godrej Consumer Products Ltd	Equity	₹44.44 Cr	0.70%
Hindustan Petroleum Corp Ltd	Equity	₹43.73 Cr	0.69%
Petronet LNG Ltd	Equity	₹42.52 Cr	0.67%
Grindwell Norton Ltd	Equity	₹41.89 Cr	0.66%
KEI Industries Ltd	Equity	₹40.22 Cr	0.63%
Godrej Properties Ltd	Equity	₹39.88 Cr	0.63%
Voltamp Transformers Ltd	Equity	₹35.76 Cr	0.56%
Dixon Technologies (India) Ltd	Equity	₹35.61 Cr	0.56%
Whirlpool of India Ltd	Equity	₹33.97 Cr	0.53%
NTPC Ltd	Equity	₹32.67 Cr	0.51%
Deepak Nitrite Ltd	Equity	₹31.71 Cr	0.50%
Happy Forgings Ltd	Equity	₹29.88 Cr	0.47%
Techno Electric & Engineering Co Ltd	Equity	₹29.75 Cr	0.47%
Biocon Ltd	Equity	₹29.64 Cr	0.46%
Motherson Sumi Wiring India Ltd	Equity	₹29.49 Cr	0.46%
Torrent Power Ltd	Equity	₹29.4 Cr	0.46%
Suven Pharmaceuticals Ltd	Equity	₹28.86 Cr	0.45%
Timken India Ltd	Equity	₹28.32 Cr	0.44%
Triveni Turbine Ltd	Equity	₹28.1 Cr	0.44%
Tata Power Co Ltd	Equity	₹27.77 Cr	0.44%
Torrent Pharmaceuticals Ltd	Equity	₹27.46 Cr	0.43%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹27.03 Cr	0.42%
RHI Magnesita India Ltd	Equity	₹23.96 Cr	0.38%
Honeywell Automation India Ltd	Equity	₹20.49 Cr	0.32%
Aarti Industries Ltd	Equity	₹20.03 Cr	0.31%
Arvind Fashions Ltd	Equity	₹18.62 Cr	0.29%
Rolex Rings Ltd	Equity	₹18.5 Cr	0.29%
JK Cement Ltd	Equity	₹17.82 Cr	0.28%
Titagarh Rail Systems Ltd	Equity	₹12.4 Cr	0.19%
Premier Energies Ltd	Equity	₹11.97 Cr	0.19%
Ceigall India Ltd	Equity	₹6.29 Cr	0.10%
Anant Raj Ltd	Equity	₹5.19 Cr	0.08%
R R Kabel Ltd	Equity	₹4.76 Cr	0.07%
Exide Industries Ltd	Equity	₹3.32 Cr	0.05%
Balkrishna Industries Ltd	Equity	₹3.05 Cr	0.05%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Consumer Cyclical	₹1,754.3 Cr	27.52%
Industrials	₹1,662.86 Cr	26.08%
Healthcare	₹1,058.2 Cr	16.60%
Basic Materials	₹773.7 Cr	12.14%
Energy	₹571.88 Cr	8.97%
Technology	₹125.63 Cr	1.97%
Real Estate	₹110.47 Cr	1.73%
Consumer Defensive	₹92.97 Cr	1.46%
Utilities	₹89.84 Cr	1.41%

Risk & Performance Ratios

Fund Managers

Shreyash Devalkar

Since December 2023

Nitin Arora

Since December 2023

Additional Scheme Detailsas of 31st August 2024

ISIN

INF846K016S3

Expense Ratio

0.33%

Exit Load

1.00%

Fund Size

₹6,376 Cr

Age

21 Dec 2023

Lumpsum Minimum

₹500

Fund Status

Open Ended Investment Company

Benchmark

Nifty India Manufacturing TR INR

Investment 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

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name	Expense Ratio	Exit Load	Fund size	1Y
SBI Equity Minimum Variance Fund Direct Growth Very High Risk	0.4%	0.0%	₹228.86 Cr	34.3%
SBI Equity Minimum Variance Fund Regular Growth Very High Risk	0.7%	0.0%	₹228.86 Cr	33.8%
Bandhan Transportation and Logistics Fund Direct Growth Very High Risk	0.8%	0.0%	₹595.09 Cr	50.8%
Bandhan Transportation and Logistics Fund Regular Growth Very High Risk	2.4%	0.0%	₹595.09 Cr	48.4%
ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk	0.7%	1.0%	₹3282.87 Cr	55.2%
ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk	1.9%	1.0%	₹3282.87 Cr	53.3%
HDFC NIFTY200 Momentum 30 ETF Very High Risk	0.3%	-	₹11.35 Cr	63.0%
HDFC NIFTY100 Low Volatility 30 ETF Very High Risk	0.3%	-	₹5.95 Cr	34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk	0.3%	-	₹324.39 Cr	57.4%
DSP Nifty Midcap 150 Quality 50 ETF Low Risk	0.3%	-	₹100.90 Cr	34.4%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,09,497 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund 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%	₹77.40 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.3%	1.0%	₹6375.52 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%	-	7.5%
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%	-	8.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹80.22 Cr	8.2%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13225.41 Cr	7.7%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹848.51 Cr	23.8%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹421.61 Cr	57.0%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹13110.55 Cr	38.8%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹15452.03 Cr	7.8%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1690.58 Cr	28.0%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1278.78 Cr	41.0%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5878.63 Cr	8.6%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1447.12 Cr	37.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5578.38 Cr	8.2%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹218.97 Cr	-1.3%
Axis Value Fund Direct Growth Very High Risk	1.0%	1.0%	₹715.06 Cr	49.8%
Axis All Seasons Debt Fund of Funds Direct Growth Moderately High risk	0.2%	0.0%	₹139.66 Cr	9.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹525.00 Cr	11.3%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹35451.86 Cr	32.5%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1687.14 Cr	9.1%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹555.96 Cr	22.9%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹14155.62 Cr	33.8%
Axis Regular Saver Fund Direct Growth Very High Risk	0.9%	1.0%	₹304.75 Cr	12.7%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1940.66 Cr	9.3%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹38422.94 Cr	36.1%
Axis Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9094.85 Cr	8.3%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹30200.10 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.1%	1.0%	₹1302.54 Cr	25.1%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹31321.58 Cr	47.0%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5525.47 Cr	7.7%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹1012.50 Cr	19.9%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2523.46 Cr	30.3%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹404.75 Cr	43.0%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹134.31 Cr	28.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹33.19 Cr	8.4%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹432.17 Cr	8.6%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5781.83 Cr	7.8%
Axis Multicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹6551.48 Cr	53.1%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹70.20 Cr	8.5%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹283.99 Cr	7.2%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹51.00 Cr	21.4%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹287.79 Cr	61.7%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹539.27 Cr	7.4%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹387.20 Cr	11.9%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹532.52 Cr	27.3%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

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

The NAV of Axis India Manufacturing Fund Direct Growth, as of 19-Sep-2024, is ₹14.53.

What is the portfolio composition of Axis India Manufacturing Fund Direct Growth?

The fund's allocation of assets is distributed as 97.87% in equities, 0.00% in bonds, and 2.13% in cash and cash equivalents.

Who manages the Axis India Manufacturing Fund Direct Growth?

The fund managers responsible for Axis India Manufacturing Fund Direct Growth are:-

Shreyash Devalkar
Nitin Arora

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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