Investment Objective and Approach

Axis India Manufacturing Fund aims to generate long-term wealth by investing within the manufacturing space in India and provide long term capital appreciation by investing in equity and equity related securities of companies engaged in manufacturing theme. The fund aims to capitalize on growth opportunities in manufacturing created by rising demand and supply, government reforms, and the current geo-political scenario.

The fund follows a comprehensive investment approach focusing on three key segments:

- Investments (Capex Cycle): Manufacturers investing in factory equipment and R&D to build production capacity.

- Consumption: Industries with a rising demand trajectory due to domestic consumption and a premiumisation narrative.

- Net Exports: Focus on companies benefiting from India's integration into the global supply chain.

The fund follows a bottom-up, fundamentals-based stock selection process with a multi-cap stock selection strategy. The fund will adopt an active sectoral allocation and quality style of investing, focusing on the under-represented segments of Indian listed markets.

Asset Allocation Strategy

Under normal circumstances, the fund will allocate 80-100% to equity & equity-related instruments including derivatives, 0-20% to debt & money market Instruments. The scheme follows the NIFTY India Manufacturing TRI as benchmark.

Fund Managers

The Axis India Manufacturing Fund is managed by two experienced professionals:

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.

He has over 15 years of experience in the industry, with assignments including Fund Manager at Axis Asset Management Company Ltd. from November 2016 till date, Fund Manager at BNP Paribas Asset Management India Pvt. Ltd. from January 2011 to November 2016, and Vice President - Research at IDFC Asset Management Company Ltd. from July 2008 to January 2011.

Shreyash Devalkar, Fund Manager at Axis Mutual Fund, manages 15 schemes with an AUM of ₹1,32,309 Cr

Nitin Arora

Mr. Arora has done M.Sc in Finance and Investments and Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd.

About the Fund House (AMC)

Axis Mutual Fund is managed by Axis Asset Management Company Limited, a joint venture between Axis Bank Limited and Schroders PLC. Axis Mutual Fund, India's eighth largest fund house, has come up with India's fourth actively managed manufacturing-based thematic fund, Axis India Manufacturing Fund.

The AMC has a strong track record in managing various equity and debt schemes, with a focus on delivering consistent performance across different market cycles. Axis Mutual Funds offers a wide range of investment options to achieve your financial goals.

Key highlights about the AMC:

- Established presence in the Indian mutual fund industry

- Strong research capabilities and investment processes

- Comprehensive product suite across asset classes

- Focus on investor education and transparent communication

Should I Invest in Axis India Manufacturing Fund?

The Axis India Manufacturing Fund is suitable for specific investor profiles:

Investor Suitability

The fund is ideal for investors with high risk appetite and seeking capital appreciation over the long term with a 5-year investment horizon. According to the scheme Risk-O-Meter, the risk associated with the principal is 'very high,' and the product is suitable for investors seeking capital appreciation over the long term and interested in an equity scheme investing in Indian equity and equity-related securities of companies engaged in the manufacturing theme.

Investment Rationale

According to the AMC, several government initiatives along with labour and tax reforms are making India a globally competitive manufacturing hub. Unlike other economies, the Indian economy is heavily dependent on consumption, which makes it less cyclical to global economic vagaries.

Key Considerations

- AUM: As of Aug 2024, the Axis India Manufacturing Fund – Direct Growth (AUM) is ₹6,376 cr.

- Expense Ratio: It has a low expense ratio of 0.3%.

- Risk Level: Very High Risk

- Investment Horizon: Minimum 5 years

- Minimum Investment: The minimum application amount of the fund starts at Rs 500 and in multiples of Rs 1 thereafter.

The fund is particularly suitable for investors who believe in India's manufacturing growth story and are willing to take concentrated exposure to this theme while accepting higher volatility.

FAQs

What is today's NAV of Axis India Manufacturing Fund?

The NAV changes daily based on market movements. You can check the latest NAV on the Axis Mutual Fund website or through your investment platform like Allvest.

What is the AUM of Axis India Manufacturing Fund?

As of Aug 2024, the Axis India Manufacturing Fund – Direct Growth (AUM) is ₹6,376 cr.

What is the expense ratio of Axis India Manufacturing Fund?

The fund has a low expense ratio of 0.3% for the direct plan, while the regular plan has a higher expense ratio.

What are the returns of Axis India Manufacturing Fund since inception?

The fund's performance varies with market conditions. The Axis India Manufacturing Fund – Direct Growth is an equity fund that began on December 21, 2023. You can check the latest performance data on Allvest platform.

What is the minimum SIP amount to invest in Axis India Manufacturing Fund?

Minimum SIP Investment is set to ₹500.

How do I invest in Axis India Manufacturing Fund?

You can invest through Allvest platform, which offers a seamless investment experience with easy documentation and multiple payment options.

How to start a SIP in Axis India Manufacturing Fund?

Log into your Allvest account, search for Axis India Manufacturing Fund, select the SIP option, choose your investment amount and frequency, then complete the setup.

How do I automate an SIP in Axis India Manufacturing Fund?

Through Allvest platform, you can set up auto-debit instructions from your bank account to ensure seamless monthly SIP investments without manual intervention.

How can I withdraw/redeem my investment in Axis India Manufacturing Fund?

You can redeem your units through Allvest platform by placing a redemption request. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.