Axis India Manufacturing Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 12.21
▲0.9%
1D
Inception Returns
19.7%
/yr
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 ₹5518 Cr worth of assets under management (AUM) as on Jan 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 19.70% since inception. Over the last 1 year the fund has given a CAGR return of 11.17%.
Holdings
Axis India Manufacturing Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Health, Basic Materials, Energy, Tech, Consumer Defensive, Utilities, Real Estate. Its top holdings are Mahindra & Mahindra Ltd, Sun Pharmaceuticals Industries Ltd, Reliance Industries Ltd, Bharat Electronics Ltd, Tata Motors 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.
Historical NAV & Returns
Axis India Manufacturing Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | Nifty India Manufacturing TR INR |
| AUM | ₹5518 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 (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 6K Cr as of Jan'25
- AUM decreased by 81.8 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Industrial, Consumer Cyclical & Health
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 5.5% |
Axis India Manufacturing Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹5518 Cr
Expense Ratio 0.5%
Frequently Asked Questions for Axis India Manufacturing Fund Direct Growth
Axis India Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.91% | -7.91% |
6 Month Returns | -14.37% | -14.37% |
1 Year Returns | 11.17% | 11.17% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis India Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis India Manufacturing Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis India Manufacturing Fund Direct Growth | 0.9 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis India Manufacturing Fund Direct Growth | 16.64 | - | - |