← Back to the fund page Use your browser's print dialog and choose “Save as PDF”. A4.
InvestVerdict

Axis India Manufacturing Fund

Regular Plan · Growth Option · Sectoral / Thematic · Scheme code 152205

NAV₹15.3400as on 30 Oct 2026
Fund houseAxis Mutual Fund
CategorySectoral / Thematic
Plan & optionRegular · Growth Option
History2.7 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 6.889.4413.52 21.21—— ——19.94
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
Sectoral / Thematic
category median		 ——— -6.5811.548.85 —12.68—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 17.0% 0.79 1.18 1.03 11.31% -23.5% 80.85
Nifty 500
benchmark		 15.2%0.39 0.58—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 32 months this scheme and its benchmark share.

Growth of ₹100 since launch

9511914316720242026InvestVerdict

Drawdown from peak (%)

0%-9%-17%-26%20242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
421 -6.8% 7.4% 35.7% 23%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
141% 94% 0.90 7.4% 1.53 12.79

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 32 months this scheme and Nifty 500 share.

InvestVerdict

Axis India Manufacturing Fund

Regular Plan · Growth Option

Allocation

By asset

Equity96.93%
Cash & Equivalents3.10%

By market cap

Large Cap50.85%
Mid Cap19.04%
Small Cap22.62%
Unclassified4.42%

Concentration

Number of stocks73
Top 5 stocks18.16%
Top 10 stocks30.91%
Top 20 stocks51.32%
Lines in the filing75
Largest holding4.82%
Largest sectorAuto Components 15.38%
Effective stocks52.1
Sectors held17
Cash3.10%

Effective stocks is what the concentration works out to: a fund holding 73 names but most of its money in a few behaves like a fund of 52. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Auto Components — 15.4%Pharmaceuticals & Biotechnology — 14.9%Electrical Equipment — 14.5%Automobiles — 14.5%Industrial Products — 7.4%Aerospace & Defense — 5.3%Consumer Durables — 4.1%Petroleum Products — 3.8%Ferrous Metals — 3.6%Other — 16.4%Auto Components15.4%Pharmaceuticals & Biotech…14.9%Electrical Equipment14.5%Automobiles14.5%Industrial Products7.4%Aerospace & Defense5.3%Consumer Durables4.1%Petroleum Products3.8%Ferrous Metals3.6%Other16.4%
Auto Components15.38%
Pharmaceuticals & Biotechnology14.94%
Electrical Equipment14.53%
Automobiles14.52%
Industrial Products7.40%
Aerospace & Defense5.29%
Consumer Durables4.14%
Petroleum Products3.83%
Ferrous Metals3.59%
Non - Ferrous Metals3.58%
Chemicals & Petrochemicals3.51%
Cash & Equivalents3.10%
Industrial Manufacturing3.00%
Cement & Cement Products1.37%
Beverages0.63%
Agricultural, Commercial & Construction Vehicles0.62%
Textiles & Apparels0.44%
Fertilizers & Agrochemicals0.16%
InvestVerdict

Axis India Manufacturing Fund

Regular Plan · Growth Option · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Mahindra & Mahindra Limited Automobiles 905,271 267 4.82%
2 Sun Pharmaceutical Industries Limited Pharmaceuticals & Biotechnology 1,101,082 200 3.61%
3 Divi's Laboratories Limited Pharmaceuticals & Biotechnology 212,686 198 3.57%
4 Sona BLW Precision Forgings Limited Auto Components 2,142,773 178 3.21%
5 Clearing Corporation of India Ltd Unclassified — 175 3.16%
6 Bharat Electronics Limited Aerospace & Defense 4,214,027 164 2.95%
7 TVS Motor Company Limited Automobiles 379,740 156 2.81%
8 Reliance Industries Limited Petroleum Products 1,313,762 156 2.81%
9 Bharat Heavy Electricals Limited Electrical Equipment 3,309,560 138 2.48%
10 Cummins India Limited Industrial Products 277,894 132 2.39%
11 Samvardhana Motherson International Limited Auto Components 7,667,293 125 2.26%
12 Hindalco Industries Limited Non - Ferrous Metals 1,330,114 125 2.26%
13 TD Power Systems Limited Electrical Equipment 1,491,446 117 2.12%
14 Craftsman Automation Limited Auto Components 112,201 117 2.11%
15 Apar Industries Limited Electrical Equipment 67,226 117 2.11%
16 Torrent Pharmaceuticals Limited Pharmaceuticals & Biotechnology 244,038 117 2.11%
17 GE Vernova T&D India Limited Electrical Equipment 277,085 116 2.10%
18 Sansera Engineering Limited Auto Components 250,812 114 2.05%
19 Ather Energy Limited Automobiles 768,627 110 1.98%
20 Welspun Corp Limited Industrial Products 364,207 99 1.79%
21 Solar Industries India Limited Chemicals & Petrochemicals 50,084 99 1.78%
22 Maruti Suzuki India Limited Automobiles 81,536 98 1.76%
23 Hindustan Aeronautics Limited Aerospace & Defense 207,735 97 1.75%
24 Hyundai Motor India Ltd Automobiles 434,578 88 1.59%
25 Bajaj Auto Limited Automobiles 79,687 87 1.56%
26 Indo-MIM Limited Industrial Manufacturing 665,706 83 1.49%
27 Tata Steel Limited Ferrous Metals 4,385,940 81 1.46%
28 Bharat Forge Limited Auto Components 413,600 80 1.44%
29 Minda Corporation Limited Auto Components 1,124,450 78 1.41%
30 UltraTech Cement Limited Cement & Cement Products 69,475 76 1.37%
InvestVerdict

Axis India Manufacturing Fund

Regular Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 31 May 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹401 cr ₹283 cr 7 18 +11.19%
StockShares tradedShares PriceValue
₹ cr
New position
IPCA Laboratories Limited 287,616 entered — 50.3
Azad Engineering Ltd 142,627 entered — 32.7
PG Electroplast Limited 480,071 entered — 29.5
Piramal Pharma Limited 1,464,879 entered — 28.7
Gland Pharma Limited 106,845 entered — 26.7
Indo-MIM Limited 327,733 entered — 25.4
Voltamp Transformers Limited 12,794 entered — 12.7
Added to
Torrent Pharmaceuticals Limited 144,496 +99.3% +16.1% 74.0
TVS Motor Company Limited 129,171 +48.9% +28.5% 55.7
Dixon Technologies (India) Limited 36,152 +219.2% +21.9% 50.8
TD Power Systems Limited 306,920 +142.6% -14.2% 34.7
ABB India Limited 40,000 +122.8% +0.4% 29.1
Voltas Limited 210,211 +105.2% +6.7% 27.9
Hyundai Motor India Ltd 107,357 +33.6% +13.3% 23.4
Sai Life Sciences Limited 167,324 +120.0% +13.4% 22.0
Trimmed
Bharat Electronics Limited 1,130,582 -21.2% -5.6% 43.9
Tata Steel Limited 1,803,221 -23.3% -8.8% 34.2
Solar Industries India Limited 12,404 -22.2% +0.8% 22.8
Hindalco Industries Limited 228,873 -13.3% -13.5% 22.3
Reliance Industries Limited 167,818 -11.0% -1.0% 22.0
JSW Steel Limited 131,576 -16.6% -0.6% 16.7
Doms Industries Limited 69,625 -50.1% +3.4% 15.7
Laurus Labs Limited 67,720 -19.5% +33.4% 12.3
Sold out of
JB Chemicals & Pharmaceuticals Limited 304,282 exited — 66.0
Varun Beverages Limited 1,209,979 exited — 63.9
Vedanta Limited 1,653,018 exited — 58.3
Eicher Motors Limited 69,117 exited — 49.6
Hitachi Energy India Limited 12,341 exited — 47.4
Larsen & Toubro Limited 91,358 exited — 37.2
LG Electronics India Ltd 165,005 exited — 25.2
Vedanta Iron And Steel Limited 1,653,018 exited — 20.0
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹2 cr ₹2 cr +₹0 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 31 Oct 2026.