Axis India Manufacturing Fund Direct-Growth
Equity: Thematic-Manufacturing - Growth (Open ended) Factsheet
SEBI Riskometer -Very HighCategory -Equity: Thematic-ManufacturingBenchmark -Nifty India Manufacturing Total Return Index
NAV: ₹15.81+0.57%
02 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Axis India Manufacturing Fund Direct-Growth.
Market Cap Distribution
Large Cap (58.5%)
Mid Cap (22.1%)
Small Cap (19.5%)
Historical Asset Allocation
| Asset | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Equity | 97.69% | 98.50% | 91.39% | 96.48% | 92.54% | 98.65% |
| Debt | 2.49% | 1.30% | 8.58% | 3.72% | 7.69% | 1.43% |
| Others (incl. cash) | -0.18% | 0.20% | 0.02% | -0.20% | -0.22% | -0.08% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
86
P/E Ratio
36.48
P/B Ratio
5.27
Top Holding %
5.06%
Top 5 Holdings %
20.18%
Top 10 Holdings %
34.04%
AUM
₹5,344 Cr
Expense Ratio
0.89%
Since Inception
19.83%
Max Drawdown
-0.23%
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | 8,88,128 | 270.49 | 5.06% | -0.22%↓ |
| Bharat Electronics Ltd. | Capital Goods | 53,44,609 | 219.53 | 4.11% | -0.32%↓ |
| Reliance Industries Ltd. | Energy | 15,25,604 | 201.56 | 3.77% | -0.84%↓ |
| Hindalco Industries Ltd. | Metals & Mining | 17,24,319 | 194.28 | 3.64% | 0.39%↑ |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 10,70,147 | 192.54 | 3.60% | -0.11%↓ |
| Cummins India Ltd. | Capital Goods | 2,77,894 | 163.43 | 3.06% | 0.61%↑ |
| Tata Steel Ltd. | Metals & Mining | 77,37,120 | 160.95 | 3.01% | 0.16%↑ |
| Divis Laboratories Ltd. | Healthcare | 2,12,686 | 141.8 | 2.65% | -0.00%↓ |
| GE Vernova T&D India Ltd | Capital Goods | 2,68,418 | 138.2 | 2.59% | 0.28%↑ |
| Sona BLW Precision Forgings Ltd. | Automobile | 22,46,583 | 136.47 | 2.55% | 0.11%↑ |
| Bharat Heavy Electricals Ltd. | Capital Goods | 32,47,002 | 135.32 | 2.53% | 0.52%↑ |
| Maruti Suzuki India Ltd. | Automobile | 98,704 | 129.57 | 2.42% | -0.10%↓ |
| Samvardhana Motherson International Ltd. | Automobile | 80,55,824 | 117.41 | 2.20% | 0.80%↑ |
| Solar Industries India Ltd. | Chemicals | 55,813 | 101.84 | 1.91% | 0.25%↑ |
| JSW Steel Ltd. | Metals & Mining | 7,92,310 | 101.26 | 1.89% | 0.17%↑ |
| Craftsman Automation Ltd. | Automobile | 1,11,279 | 100.97 | 1.89% | 0.28%↑ |
| Hindustan Aeronautics Ltd. | Capital Goods | 2,12,695 | 91.54 | 1.71% | 0.47%↑ |
| Apar Industries Ltd. | Consumer Staples | 69,074 | 90.61 | 1.70% | 0.36%↑ |
| TVS Motor Company Ltd. | Automobile | 2,64,274 | 88.68 | 1.66% | -0.65%↓ |
| Bharat Forge Ltd. | Automobile | 4,45,143 | 87.12 | 1.63% | 0.20%↑ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 | 31 Jan 2026 | 31 Dec 2025 |
|---|---|---|---|---|---|---|
| Automobile | 27.05% | 26.19% | 23.17% | 28.83% | 27.79% | 27.83% |
| Capital Goods | 21.86% | 21.38% | 18.62% | 19.86% | 19.78% | 22.10% |
| Metals & Mining | 14.44% | 13.61% | 12.73% | 11.47% | 10.71% | 10.26% |
| Healthcare | 11.25% | 12.17% | 13.01% | 12.08% | 11.16% | 13.09% |
| Energy | 6.88% | 8.79% | 9.13% | 8.72% | 8.69% | 9.45% |
| Chemicals | 4.71% | 4.74% | 4.81% | 5.25% | 5.32% | 5.32% |
| Consumer Staples | 3.99% | 4.36% | 3.18% | 3.26% | 3.06% | 3.18% |
| Consumer Discretionary | 2.94% | 2.98% | 2.36% | 2.44% | 2.18% | 2.24% |
| Materials | 2.70% | 2.70% | 3.24% | 3.30% | 2.57% | 3.08% |
| Construction | 1.42% | 1.03% | 0.62% | 0.72% | 0.72% | 1.49% |
| Textiles | 0.48% | 0.47% | 0.47% | 0.46% | 0.47% | 0.48% |
| Technology | - | 0.09% | 0.07% | 0.09% | 0.09% | 0.13% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
33.4 / 100
Weighted average Value score is 33.4. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
72.5 / 100
Weighted average Price Momentum score is 72.5. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
78.1 / 100
Weighted average Quality score is 78.1. This indicates that portfolio has high quality using composite of quality measures.
QVM score
71.1 / 100
Weighted average QVM score is 71.1. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Frequently Asked Questions
What are the top holdings of Axis India Manufacturing Fund Direct-Growth?
The top holdings of Axis India Manufacturing Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.
How many stocks does Axis India Manufacturing Fund Direct-Growth hold in its portfolio?
Axis India Manufacturing Fund Direct-Growth holds 86 securities in its portfolio. The top 5 holdings account for 20.18% of the portfolio and the top 10 for 34.04% — a well-diversified portfolio that minimises stock-specific risk.
What is the sector allocation of Axis India Manufacturing Fund Direct-Growth?
The sector allocation of Axis India Manufacturing Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.
What is the equity and debt allocation of Axis India Manufacturing Fund Direct-Growth?
As of 31 May 2026, Axis India Manufacturing Fund Direct-Growth has 97.69% in equity, 2.49% in debt and -0.18% in cash/others. This asset mix determines the fund's overall risk-return profile.
What is the market cap allocation of Axis India Manufacturing Fund Direct-Growth?
Axis India Manufacturing Fund Direct-Growth's equity portfolio — Large Cap: 58.45%, Mid Cap: 22.09%, Small Cap: 19.46%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.
Is Axis India Manufacturing Fund Direct-Growth a concentrated or diversified fund?
Axis India Manufacturing Fund Direct-Growth holds 86 securities, with the top 10 accounting for 34.04% of the portfolio and the top 5 for 20.18%. With 86 holdings, this is a well-diversified fund — stock-specific risk is limited.
What is the credit quality of Axis India Manufacturing Fund Direct-Growth?
The credit quality breakdown of Axis India Manufacturing Fund Direct-Growth's debt portfolio is in the Credit Rating section. For equity-oriented funds, this section may not be applicable.
How often does Axis India Manufacturing Fund Direct-Growth change its portfolio?
The portfolio currently holds 86 securities with the top 10 accounting for 34.04% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.
What is the PE ratio of Axis India Manufacturing Fund Direct-Growth's portfolio?
The weighted average PE ratio of Axis India Manufacturing Fund Direct-Growth's portfolio is 36.48 and the PB ratio is 5.27. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.
When is the latest portfolio disclosure for Axis India Manufacturing Fund Direct-Growth?
The latest portfolio disclosure for Axis India Manufacturing Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.