| Launch date | 01 Dec 2023 |
| Allotment date | 21 Dec 2023 |
| End date | 15 Dec 2023 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.53%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 Days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹500 |
Fund management
Shreyash DevalkarDec 2023 - PresentView details
Nitin AroraDec 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #7 in India |
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| Total AUM | ₹3,62,655.43Cr |
| Date of Incorporation | 04 Sep 2009 |
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Axis India Manufacturing Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Nitin Arora is the Current Fund Manager of Axis India Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,62,655 Cr and the Latest NAV as of 19 Dec 2025 is ₹14.37. The Axis India Manufacturing Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 Days. ;
Investment Objective
The scheme seeks to provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme. ;
| Fund benchmark | Nifty India Manufacturing Total Return Index |
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