QUICK FUND SUMMARY
Axis India Manufacturing Fund Growth is an equity mutual fund managing assets worth ₹5,377.75 Cr. The current NAV is ₹15.39 as of Jul 20. It has delivered a maximum CAGR of 18.18%. Investors can start with a minimum SIP amount of ₹500. The fund primarily holds Mahindra & Mahindra Ltd., Bharat Electronics Ltd., Reliance Industries Ltd., Maruti Suzuki India Ltd. and Sun Pharmaceutical Industries Ltd..
Axis India Manufacturing Fund Details
Fund Size | ₹5,377.75 Cr |
Type | Equity: Sectoral/Thematic |
Minimum Investment | ₹500 |
NAV (Jul 20) | ₹15.39 |
Plan Type | Regular |
Launch Date | 21 Dec 2023 |
Lock in Period | 0 days |
Plan Option | Growth |
Expense Ratio | 2.07% |
Withdrawal Charge | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 Days. |
Axis India Manufacturing Fund Holdings
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Axis India Manufacturing Fund Risk Indicator
The risk of the scheme is very high
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FAQs on Axis India Manufacturing Fund
Axis India Manufacturing Fund is a Growth Equity mutual fund managed by Axis Mutual Fund.
The current NAV of Axis India Manufacturing Fund is ₹15.39 as of Jul 20.
You can invest in Axis India Manufacturing Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.
The minimum SIP amount for Axis India Manufacturing Fund is ₹500.
The expense ratio of Axis India Manufacturing Fund is 2.07%.
Axis India Manufacturing Fund has an exit load as follows: exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 Days.
Short-term capital gains (STCG) on Axis India Manufacturing Fund are taxed at a flat rate of 20% (plus applicable surcharge and 4% health & education cess) if you redeem your units within 12 months of purchase. If you hold your units for more than 12 months, the gains are classified as Long-Term Capital Gains (LTCG) and taxed at 12.5% without indexation benefits, but only on the component of total equity capital gains that exceeds ₹1.25 Lakh in a single financial year. Gains up to ₹1.25 Lakh are tax-exempt. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.
Disclaimer: Past performance is not an indicator of future returns.
Mutual Fund investments are subject to market risks, read all scheme related documents and carefully for more information.

