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Axis India Manufacturing Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Nov-24)
₹13.42-0.52%1D
Returns (Since Inception)
34.20%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹6,518 Cr
Expense Ratio
0.41%
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 11 months and 1 days, having been launched on 21-Dec-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.42, Assets Under Management (AUM) of 6517.72 Crores, and an expense ratio of 0.41%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹13.42, Assets Under Management (AUM) of 6517.72 Crores, and an expense ratio of 0.41%.
- Axis India Manufacturing Fund Direct Growth has given a CAGR return of 34.20% since inception.
- The fund's asset allocation comprises around 94.40% in equities, 0.00% in debts, and 5.60% 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
+34.20%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹6,152.56 Cr | 94.40% |
| Others | ₹365.16 Cr | 5.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Mahindra & Mahindra Ltd | Equity | ₹367.53 Cr | 6.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹338.65 Cr | 5.59% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹284.74 Cr | 4.70% |
| Reliance Industries Ltd | Equity | ₹229.8 Cr | 3.80% |
| Tata Motors Ltd | Equity | ₹189.24 Cr | 3.13% |
| Bajaj Auto Ltd | Equity | ₹167.35 Cr | 2.76% |
| Bharat Electronics Ltd | Equity | ₹144.88 Cr | 2.39% |
| Hindalco Industries Ltd | Equity | ₹138.81 Cr | 2.29% |
| Larsen & Toubro Ltd | Equity | ₹128.37 Cr | 2.12% |
| Cipla Ltd | Equity | ₹125.44 Cr | 2.07% |
| Cummins India Ltd | Equity | ₹120.38 Cr | 1.99% |
| Siemens Ltd | Equity | ₹109.02 Cr | 1.80% |
| Tata Steel Ltd | Equity | ₹106.6 Cr | 1.76% |
| Bharat Petroleum Corp Ltd | Equity | ₹103.63 Cr | 1.71% |
| Apar Industries Ltd | Equity | ₹100.53 Cr | 1.66% |
| Ambuja Cements Ltd | Equity | ₹93.39 Cr | 1.54% |
| Kaynes Technology India Ltd | Equity | ₹93.08 Cr | 1.54% |
| Voltas Ltd | Equity | ₹91.49 Cr | 1.51% |
| Granules India Ltd | Equity | ₹90.63 Cr | 1.50% |
| Pidilite Industries Ltd | Equity | ₹90.19 Cr | 1.49% |
| Maruti Suzuki India Ltd | Equity | ₹87.72 Cr | 1.45% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹86.52 Cr | 1.43% |
| Minda Corp Ltd | Equity | ₹83.03 Cr | 1.37% |
| Samvardhana Motherson International Ltd | Equity | ₹81.74 Cr | 1.35% |
| Jyoti CNC Automation Ltd | Equity | ₹80.68 Cr | 1.33% |
| Indian Oil Corp Ltd | Equity | ₹74.71 Cr | 1.23% |
| Ajanta Pharma Ltd | Equity | ₹71.68 Cr | 1.18% |
| Dixon Technologies (India) Ltd | Equity | ₹68.52 Cr | 1.13% |
| PI Industries Ltd | Equity | ₹67.59 Cr | 1.12% |
| Varun Beverages Ltd | Equity | ₹65.75 Cr | 1.09% |
| Solar Industries India Ltd | Equity | ₹64.8 Cr | 1.07% |
| Divi's Laboratories Ltd | Equity | ₹64.41 Cr | 1.06% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹62.82 Cr | 1.04% |
| Zydus Lifesciences Ltd | Equity | ₹62.8 Cr | 1.04% |
| Mankind Pharma Ltd | Equity | ₹60.69 Cr | 1.00% |
| ABB India Ltd | Equity | ₹60.57 Cr | 1.00% |
| CG Power & Industrial Solutions Ltd | Equity | ₹60.5 Cr | 1.00% |
| Prestige Estates Projects Ltd | Equity | ₹59.03 Cr | 0.98% |
| Jindal Steel & Power Ltd | Equity | ₹56.38 Cr | 0.93% |
| Schaeffler India Ltd | Equity | ₹55.99 Cr | 0.92% |
| Sona BLW Precision Forgings Ltd | Equity | ₹55.93 Cr | 0.92% |
| UltraTech Cement Ltd | Equity | ₹55.57 Cr | 0.92% |
| Lupin Ltd | Equity | ₹55.35 Cr | 0.91% |
| V-Guard Industries Ltd | Equity | ₹55.34 Cr | 0.91% |
| Net Receivables / (Payables) | Cash | ₹54.42 Cr | 0.90% |
| Linde India Ltd | Equity | ₹53.11 Cr | 0.88% |
| Hyundai Motor India Ltd | Equity | ₹52.87 Cr | 0.87% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹49.95 Cr | 0.83% |
| Bharat Forge Ltd | Equity | ₹48.59 Cr | 0.80% |
| Carborundum Universal Ltd | Equity | ₹46.98 Cr | 0.78% |
| Arvind Fashions Ltd | Equity | ₹46.37 Cr | 0.77% |
| KEI Industries Ltd | Equity | ₹45.97 Cr | 0.76% |
| TVS Motor Co Ltd | Equity | ₹44.81 Cr | 0.74% |
| Premier Energies Ltd | Equity | ₹43.35 Cr | 0.72% |
| GE Vernova T&D India Ltd | Equity | ₹43.1 Cr | 0.71% |
| Suzlon Energy Ltd | Equity | ₹39.67 Cr | 0.66% |
| Sharda Motor Industries Ltd | Equity | ₹38.54 Cr | 0.64% |
| Torrent Pharmaceuticals Ltd | Equity | ₹38.25 Cr | 0.63% |
| Sansera Engineering Ltd | Equity | ₹37.48 Cr | 0.62% |
| Suven Pharmaceuticals Ltd | Equity | ₹35.3 Cr | 0.58% |
| NTPC Ltd | Equity | ₹32.04 Cr | 0.53% |
| Eicher Motors Ltd | Equity | ₹31.45 Cr | 0.52% |
| Torrent Power Ltd | Equity | ₹30.72 Cr | 0.51% |
| UNO Minda Ltd | Equity | ₹30.5 Cr | 0.50% |
| Voltamp Transformers Ltd | Equity | ₹29.42 Cr | 0.49% |
| Grindwell Norton Ltd | Equity | ₹29.01 Cr | 0.48% |
| Techno Electric & Engineering Co Ltd | Equity | ₹28.46 Cr | 0.47% |
| Hindustan Petroleum Corp Ltd | Equity | ₹27.76 Cr | 0.46% |
| Godrej Consumer Products Ltd | Equity | ₹27.37 Cr | 0.45% |
| Happy Forgings Ltd | Equity | ₹27.01 Cr | 0.45% |
| Triveni Turbine Ltd | Equity | ₹26.99 Cr | 0.45% |
| Craftsman Automation Ltd | Equity | ₹26.91 Cr | 0.44% |
| Motherson Sumi Wiring India Ltd | Equity | ₹26.3 Cr | 0.43% |
| Biocon Ltd | Equity | ₹26.09 Cr | 0.43% |
| Timken India Ltd | Equity | ₹24.95 Cr | 0.41% |
| RHI Magnesita India Ltd | Equity | ₹23.16 Cr | 0.38% |
| Godrej Properties Ltd | Equity | ₹22.77 Cr | 0.38% |
| Premier Energies Limited-Locked In | Equity | ₹21.56 Cr | 0.36% |
| Honeywell Automation India Ltd | Equity | ₹18.4 Cr | 0.30% |
| JK Cement Ltd | Equity | ₹17.29 Cr | 0.29% |
| Ceigall India Ltd | Equity | ₹14.84 Cr | 0.25% |
| United Spirits Ltd | Equity | ₹14.23 Cr | 0.24% |
| Whirlpool of India Ltd | Equity | ₹13.38 Cr | 0.22% |
| Rolex Rings Ltd | Equity | ₹12.89 Cr | 0.21% |
| Titagarh Rail Systems Ltd | Equity | ₹10.64 Cr | 0.18% |
| Aarti Industries Ltd | Equity | ₹10.22 Cr | 0.17% |
| Anant Raj Ltd | Equity | ₹6.45 Cr | 0.11% |
| Deepak Nitrite Ltd | Equity | ₹6.13 Cr | 0.10% |
| Exide Industries Ltd | Equity | ₹3.07 Cr | 0.05% |
| Balkrishna Industries Ltd | Equity | ₹3.06 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.82%
Mid Cap Stocks
23.87%
Small Cap Stocks
16.82%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹1,552.85 Cr | 25.65% |
| Consumer Cyclical | ₹1,491.84 Cr | 24.64% |
| Healthcare | ₹1,032.12 Cr | 17.05% |
| Basic Materials | ₹760.09 Cr | 12.56% |
| Energy | ₹435.91 Cr | 7.20% |
| Technology | ₹161.82 Cr | 2.67% |
| Consumer Defensive | ₹107.35 Cr | 1.77% |
| Real Estate | ₹88.25 Cr | 1.46% |
| Utilities | ₹62.75 Cr | 1.04% |
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
Since December 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF846K016S3 | Expense Ratio 0.41% | Exit Load 1.00% | Fund Size ₹6,518 Cr | Age 11 months | 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:
Dividend Taxation:
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% | ₹219.26 Cr | 16.2% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹219.26 Cr | 15.8% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹541.38 Cr | 31.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹541.38 Cr | 29.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2975.33 Cr | 37.4% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2975.33 Cr | 35.8% |
| 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% | - | ₹342.57 Cr | 34.8% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.40 Cr | 23.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,29,913 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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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 21-Nov-2024, is ₹13.42.
What is the portfolio composition of Axis India Manufacturing Fund Direct Growth?
The fund's allocation of assets is distributed as 94.40% in equities, 0.00% in bonds, and 5.60% 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.