Fund Overview

Axis India Manufacturing Fund

Share
Print

Scheme Type: Equity

Fund Manager:
Mr. Shreyash Devalkar + 1
Invest Now
NAV as on Oct 06, 2025
₹ 14.51
CAGR
22.33 %
AUM as on 30 Sep 2025(in Cr.)
₹ 5,301.33
Updated as on: September 30, 2025
Risk
Risk
Very High
An open-ended equity scheme representing the India manufacturing theme

Investment Objective

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.

Axis India Manufacturing Fund is an open-ended equity scheme that invests in Indian companies engaged in manufacturing theme to capture the country’s growing manufacturing.

Fund Manager

Fund Manager
Mr. Shreyash Devalkar
Managing this fund since 21th Dec 2023
20
Years
Work Experience
See all schemes managed by Shreyash Devalkar
arrow-right
Fund Manager
Mr. Nitin Arora
Managing this fund since 21th Dec 2023
16
Years
Work Experience
See all schemes managed by Nitin Arora
arrow-right

Entry Load

Not Applicable

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
Statistical Measures (3 Years)
Portfolio Turnover(1 Year)
0.50 times
This product is suitable for investors who are seeking*:
  • Capital appreciation over long term
  • An equity scheme investing in Indian equity & equity related securities of companies engaged in manufacturing theme.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Riskometer
Axis India Manufacturing Fund
The risk of the scheme is Very High
Riskometer
Nifty India Manufacturing TRI
The risk of the benchmark is Very High
Minimum Investment Amount
  • Lumpsum Investment :
     ₹ 500
  • Additional Investment :
     ₹ 100
  • Systematic Investment :
     ₹ 100

Goal Planning

Big or small, everyone has goals that they want to accomplish. There are some goals you’re able to fulfil and others that you’re not. With proper planning a lot of this can be managed. Savings, on their own are not enough. And most people who invest, do so in an ad-hoc manner. When the markets look promising, they follow the trend and invest like others do. When the volatility sets in, they worry over their investments and take uninformed decisions.
goal feature

Access all the goal features and benefits at No Cost.

Choose your goal

Let your money work for your goals.
planning-box
planning-box
planning-box
planning-box
planning-box
planning-box
planning-default

Asset Cap Mix

Equity (97.41%)
Non-convertible Preference Shares (0.03%)
Debt/Cash (2.56%)

Market Cap Mix

Large Cap (56.34%)
Mid Cap (25.35%)
Small Cap (15.73%)

Top 5 sectors

Issuers
% Of Net Assets
Capital Goods
27.28
Automobile and Auto Components
24.89
Healthcare
14.07
Metals & Mining
7.99
Oil, Gas & Consumable Fuels
6.06

Issuers

Top 10 Issuers
% Of Net Assets
Mahindra & Mahindra Limited
5.28
Reliance Industries Limited
3.78
Bharat Electronics Limited
3.26
Sun Pharmaceutical Industries Limited
3.24
Cummins India Limited
3.17
Maruti Suzuki India Limited
2.82
Hindalco Industries Limited
2.77
Tata Steel Limited
2.65
TVS Motor Company Limited
2.41
GE Vernova T&D India Limited
2.33

Investment Packs

FAQs on Axis India Manufacturing Fund

Axis India Manufacturing Fund is an open-ended equity scheme representing the India manufacturing theme. The scheme aims to generate long-term capital appreciation by investing primarily in equity and equity related instruments of companies engaged in manufacturing.

Axis India Manufacturing Fund aims to generate long-term wealth by investing within the manufacturing space in India. The fund aims to capitalize on growth opportunities in manufacturing created by rising demand and supply, government reforms, and the current geo-political scenario.

India’s manufacturing sector is poised for growth with enabling conditions like surging domestic and export demand, improving supply capabilities, and India’s rising geopolitical presence. The fund aims to leverage this theme and invest in sub-sectors of manufacturing that are likely to propel this boom over the coming years.

Investors can transact through the below modes:
•    Axis MF Online / Axis MF Mobile
•    MF Utility
•    Channel Distributors
•    Stock Exchange Platforms
•    Other Electronic Mode

The fund follows a bottom-up, fundamentals-based stock selection process. The fund seeks to identify companies across three segments of the Indian economy: companies investing in production capacity and R&D for future gains, those within industries with a rising demand trajectory, and those that are likely to benefit from India’s growing integration into the global supply chain.

The scheme follows the NIFTY India Manufacturing TRI as benchmark.

The fund is ideal for investors with high risk appetite and seeking capital appreciation over the long term with a 5-year investment horizon.

Axis India Manufacturing Fund is predominantly an equity-oriented scheme. Under normal circumstances, the fund will allocate 80-100% to equity & equity-related instruments including derivatives, 0-20% to debt & money market Instruments, and 0-10% to units issued by REITs & InvITs.

The following persons are eligible and may apply for Subscription to the Unit(s) of the Scheme:
• Resident adult individuals, either individually or jointly (up to a maximum of three individuals), or on an "Anyone or Survivor" basis.
• Minors can invest, but they must be the first and sole holder, and the investment should be made through their natural guardian (father or mother) or a court-appointed legal guardian. Investments with minors cannot have joint holding.
• Non-Resident Indians (NRIs), Persons of Indian origin (PIOs), and Overseas Citizens of India (OCIs) residing abroad can invest, either on a repatriation or non-repatriation basis.
• The AMC (Asset Management Company) and Trustee may specify other categories of individuals permitted to make investments from time to time.

Long-term capital gains tax of 10% is applicable if the mutual fund units are held for more than one year. Short-term capital gains tax of 15% is applicable if the units are held for one year or less. Aforementioned tax rates shall be increased by applicable surcharge and health and education cess.

*The information is provided for general information only. For further details on taxation please refer to the clause on Taxation in the SAI.  In view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors with respect to the specific amount of tax and other implications arising out of his or her participation in the schemes.

Returns may be in line with the growth achieved by India's manufacturing sector over the long term which is expected to outpace broader markets. However, actual returns depend on future performance.

India is expected to become a global manufacturing hub on the back of policy push, investments, and rising domestic demand. Manufacturing's share in the GDP can rise substantially from the current 17% to around 25%.

The Indian manufacturing sector is poised for significant growth in the coming years backed by a strong confluence of reforms, policies, and sectoral priorities by the government. Initiatives like the National Infrastructure Pipeline, Production Linked Incentive schemes, and privatization drive will provide an impetus through increased infrastructure spending and manufacturing incentives. Focused programmes under the Atmanirbhar Bharat and Make in India 2.0 missions aim to empower local manufacturers, reduce imports dependence, and enhance production capacities.