Axis India Manufacturing Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +12.0% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 2.07% is lower than category median (2.52%).
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.63% | +6.32% | -0.69% |
| 3 Months | +0.99% | -0.20% | +1.19% |
| 6 Months | +9.30% | +5.98% | +3.32% |
| 1 Year | +13.72% | +3.90% | +9.82% |
| Since Inception | +18.07% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +15.49% | +4.03% | +11.46% |
| 2025 | +3.74% | +1.43% | +2.31% |
| 2024 | +33.50% | +20.41% | +13.09% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.68% | +8.50% | +8.19% | +35.71% | 79.6% | 60.7% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-02-28 | -23.5% | 5 months | 14 months |
| 2026-08-31 | 2026-10-23 | -11.1% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments selected based on the manufacturing theme | 80%-100%, Other Equity & Equity Related Instruments - 0%-20%, Debt & Money MarketInstruments: 0%-20%, Units issued by InVITs: 0%-10% |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 5,620 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Kotak MNC Fund | 7.6 | - | 2.27% | 75.3% | Rs 2,196 cr | Compare → |
| qsif Equity Long Short Fund | 5.9 | - | 3.85% | 65.1% | Rs 830 cr | Compare → |
| Union Active Momentum Fund | 5.8 | - | 3.89% | 48.7% | Rs 564 cr | Compare → |
| LIC MF Manufacturing Fund | 5.7 | - | 2.84% | 86.8% | Rs 766 cr | Compare → |
| Invesco India Consumption Fund | 6.6 | - | 2.63% | 93.4% | Rs 622 cr | Compare → |
Frequently Asked Questions about Axis India Manufacturing Fund
What is the expense ratio of Axis India Manufacturing Fund?
Axis India Manufacturing Fund has a total expense ratio (TER) of 2.07% with a base expense ratio of 1.58%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Axis India Manufacturing Fund?
Axis India Manufacturing Fund is managed by Nitin Arora (tenure: 2.9 years since 2023-12-21).
What are the historical returns of Axis India Manufacturing Fund?
Axis India Manufacturing Fund has a 1-year return of +13.72%.
How large is Axis India Manufacturing Fund?
Axis India Manufacturing Fund manages assets of Rs 5,620 cr, placing it in the 'stretched' size band relative to Sectoral / Thematic peers.
How is Axis India Manufacturing Fund scored on MFIQ?
Axis India Manufacturing Fund holds an MFIQ Score of 7.7/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis India Manufacturing Fund?
Axis India Manufacturing Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.21% with a maximum historical drawdown of -23.45%.