The scheme seeks to provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Shreyash Devalkar
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis India Manufacturing Fund is ₹16.46 as of 2026-08-28.
Axis India Manufacturing Fund is classified as a Thematic-Manufacturing fund.
The Assets Under Management (AUM) of Axis India Manufacturing Fund is ₹5,494.05 Cr.
The expense ratio of Axis India Manufacturing Fund is 2.07%.
Axis India Manufacturing Fund is managed by Shreyash Devalkar.
The minimum SIP investment for Axis India Manufacturing Fund is ₹500.
The exit load for Axis India Manufacturing Fund is 1%.
As per the SEBI Riskometer, Axis India Manufacturing Fund carries a Very High risk level.
Axis India Manufacturing Fund has delivered 21.21% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Axis India Manufacturing Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
