Axis India Manufacturing Fund

Sectoral / ThematicEquityVery High risk Rank 47 of 261

NAV · Direct-Growth

₹16.22-0.24-1.46%

As of 1 Oct 2026 · AMFI

NAV growth+12.9%

Oct ’25Oct ’26

Arthkar verdictStrong on the numbers

Returns

Beats category

1Y all ahead

Cost

Low

0.50% vs 0.83% peers

Consistency

Strong

positive in 3 of 3 years

Beats its Sectoral / Thematic category on 1Y.

1Y return

+11.9%

+9.2 vs cat

3Y CAGR

—

5Y CAGR

—

AUM

₹5.3K Cr

fund size

Expense

0.50%

direct plan

Volatility 3Y

—

3Y std dev

In plain English

Axis India Manufacturing Fund is a Sectoral / Thematic scheme from Axis. The portfolio is ~98% in equities. Worst historical drawdown: -23% in Feb 2025, recovered in 14 months. Wrong fit if you need this money in less than 7 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF846K016S3

NAV (Direct-Growth)

₹16.2200

Last 1Y

+12.87%

Oct 25Min ₹13.53 · Max ₹17.18 · 251 ptsOct 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Feb 2025

-23.0%

Peak ₹15.18 on 27 Sept 2024 → trough ₹11.69 on 28 Feb 2025 (5 months down).

Recovered in 14 months· 29 Apr 2026

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

4 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.50% — well below typical 1% for equity.
AUM size
₹5.3K Cr.
Sector concentration
Top 3 sectors = 65.4% — fairly concentrated.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	-3.40%	-2.97%	197/ 291
1M	-3.91%	-4.80%	73/ 289
3M	+3.18%	-2.87%	32/ 286
6M	+18.14%	+11.48%	61/ 286
YTD	+11.55%	+0.50%	47/ 273
1Y	+11.94%	+2.78%	47/ 261
2Y	+5.40%	+1.38%	46/ 211

Portfolio composition

Asset allocation

Equity97.66%
Cash2.31%

By market cap

Large cap56.21%
Mid cap21.24%
Small cap16.98%
Others5.57%

Concentration

Holdings

Avg market cap

₹1.24 L Cr

Top 10 stocks

34.42%

Top 5 stocks

21.91%

Top 3 sectors

65.37%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

2
Mahindra & Mahindra Ltd
—5.51%
2
Mahindra & Mahindra Ltd
—5.51%
3
Reliance Industries Ltd
—5.04%
3
Reliance Industries Ltd
—5.04%
4
Bharat Electronics Ltd
—4.67%
4
Bharat Electronics Ltd
—4.67%
5
Sun Pharmaceuticals Industries Ltd
—4.02%
5
Sun Pharmaceuticals Industries Ltd
—4.02%
6
Tata Steel Ltd
—2.68%
6
Tata Steel Ltd
—2.68%
7
Hindalco Industries Ltd
—2.65%
7
Hindalco Industries Ltd
—2.65%
8
Divi's Laboratories Ltd
—2.60%
8
Divi's Laboratories Ltd
—2.60%
9
Vedanta Ltd
—2.56%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio33.9828.47+5.51
P/B ratio5.234.25+0.98
Price / Sales2.763.21-0.45
Price / Cash Flow21.5619.97+1.59
Dividend yield0.91%1.23%-0.32
Return on equity (ROE)19.24%18.47%+0.77

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
17.20—————
Sharpe ratio
Risk-adjusted return — higher is better.
0.39—————
Sortino ratio
Like Sharpe but only counts downside volatility.
0.64—————
Beta
1 = moves with the market. <1 = less volatile.
——————

Peers in Sectoral / Thematic

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

Available plans & options

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