Axis India Manufacturing Fund
NAV
₹16.48
as of 6 Oct 2026
Axis India Manufacturing Fund is an open-ended Sectoral/ Thematic scheme from Axis Mutual Fund managing ₹5,796 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹16.48 as of 6 Oct 2026. The expense ratio is 0.94% a year. Managed by Nitin Arora. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.94% / yr
- as of 31 Aug 2026
- Fund size
- ₹5,796 crore
- as of 31 Aug 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 21 Dec 2023
- ISIN
- INF846K016S3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty India Manufacturing TRI
Axis India Manufacturing Fund
₹163
+63% on ₹100 over 2.8 yrs
Sectoral/ Thematic average
₹157
+57% on ₹100 over 2.8 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 3.37% | – | – |
| 6 months | 13.71% | – | – |
| 1 year | 12.06% | – | – |
| 3 years (CAGR) | 19.03% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -4.7%
- Median
- 9.4%
- Best
- 39.9%
23 windows over the last 34 months, stepped monthly; 83% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-5.4% below peak
Where the money actually is
Equity
98.8%
Cash
1.2%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
77 positions · top 10 = 31.4%
Market-cap mix
Large 52.6%Mid 21.3%Small 23.1%Other 2.9%
as of 31 Aug 2026
Holdings by sector
Consumer Cyclical(3 in top 10)32.0%
- Mahindra & Mahindra Ltd5.13%
- Sona BLW Precision Forgings Ltd3.01%
- TVS Motor Co Ltd2.84%
Industrials(3 in top 10)28.9%
- Bharat Electronics Ltd3.01%
- Bharat Heavy Electricals Ltd2.53%
- Cummins India Ltd2.45%
Healthcare(2 in top 10)15.0%
- Sun Pharmaceuticals Industries Ltd3.77%
- Divi's Laboratories Ltd3.47%
Basic Materials(1 in top 10)13.9%
- Hindalco Industries Ltd2.33%
- Technology4.5%
Energy(1 in top 10)3.9%
- Reliance Industries Ltd2.89%
- Consumer Defensive0.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 55.0% a year.
The businesses it owns
- P/E (trailing)
- 37.3
- P/B
- 6.3
- Dividend yield
- 0.7%
- Net margin
- 12.1%
- Earnings growth
- 15.0%
- Avg market cap
- ₹1.14 lakh crore
Money in, money out
- Net flow, 12 months
- −₹487 cr
- Net flow, 3 months
- −₹87 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis India Manufacturing Fund?
- ₹16.48 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis India Manufacturing Fund?
- 0.94% a year for the Direct plan, as of 31 Aug 2026.
- How large is Axis India Manufacturing Fund?
- ₹5,796 crore under management as of 31 Aug 2026, in the Sectoral/ Thematic category.
- How risky is Axis India Manufacturing Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages Axis India Manufacturing Fund?
- Nitin Arora, managing this fund for 2.7 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- Aditya Birla Sun Life PSU Equity Fund₹6,073 crore
- SBI HEALTHCARE OPPORTUNITIES FUND₹5,796 crore
- SBI Innovative Opportunities Fund₹5,493 crore
- SBI ESG Exclusionary Strategy Fund₹5,356 crore
- Axis Consumption Fund₹2,616 crore
- Axis Business Cycles Fund₹2,168 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty India Manufacturing TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.