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Axis

Axis India Manufacturing Fund

Sectoral / ThematicEquityVery High risk Rank 32 of 258

NAV · Direct-Growth

₹16.90+0.09+0.54%

As of 17 Aug 2026 · AMFI

NAV growth+19.9%
Aug ’25Aug ’26
Arthkar verdictSolid on the numbers

Returns

Beats category

1Y all ahead

Cost

Average

0.50% vs NaN% peers

Consistency

Strong

positive in 3 of 3 years

Beats its Sectoral / Thematic category on 1Y.

1Y return

+21.7%

+10.7 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)

₹16.9000

Last 1Y

+19.94%

Aug 25Min ₹13.53 · Max ₹16.90 · 251 ptsAug 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.

4

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.

PeriodReturnsCategory avgRank
1W+0.66%-0.21%44/ 286
1M+6.56%+2.68%18/ 286
3M+11.11%+7.72%60/ 286
6M+14.34%+7.00%52/ 277
YTD+16.23%+6.23%38/ 273
1Y+21.67%+10.98%32/ 258
2Y+8.60%+5.93%61/ 203

Portfolio composition

Asset allocation

  • Equity97.66%
  • Cash2.31%

By market cap

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

Concentration

Holdings

87

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.

Available plans & options

PlanOptionFull nameISIN

Click a plan to see its NAV and chart above. Direct plans have lower expense ratios than Regular — same portfolio, more of the return stays with you.