AXIS INDIA MANUFACTURING FUND

(An open-ended equity scheme representing the India manufacturing theme)
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DECEMBER 2024
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To provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme. There is no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT 21st December 2023
MONTHLY AVERAGE6,066.49Cr.
AS ON 31st December, 20245,958.01Cr.
BENCHMARK Nifty India Manufacturing TRI
PORTFOLIO TURNOVER (1 YEAR) 0.46 times
FUND MANAGER
Mr. Shreyash Devalkar Work experience: 20 years.He has been managing this fund since 21st December 2023
Mr. Nitin Arora Work experience: 13 years.He has been managing this fund since 21st December 2023

Past performance may or may not be sustained in future. Different plans have different expense structure. Shreyash Devalkar is managing the scheme since 21st December 2023 and he manages 7 schemes of Axis Mutual Fund & Nitin Arora is managing the scheme since 21st December 2023 and he manages 4 schemes of Axis Mutual Fund. Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Entry Load : NA
Exit Load : If redeemed / switched-out within 12 months from the date of allotment for 10% of investment: Nil For remaining investment: 1%. If redeemed/switched out after 12 months from the date of allotment: Nil



Note: Since the fund has not completed 1-year annualized tracking error is taken from the launch date of the scheme. The tracking error may look optically elevated on account of deployment during the first few days of the scheme. This effect is transitionary i
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