{"id":4786,"date":"2023-12-11T16:25:14","date_gmt":"2023-12-11T16:25:14","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=4786"},"modified":"2023-12-11T16:25:14","modified_gmt":"2023-12-11T16:25:14","slug":"ride-the-indian-economic-growth-wave-with-axis-india-manufacturing-fund","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/ride-the-indian-economic-growth-wave-with-axis-india-manufacturing-fund\/","title":{"rendered":"Ride the Indian Economic Growth Wave with Axis India Manufacturing Fund"},"content":{"rendered":"

India is one of the fastest growing economies in the world, currently ranking 5th in terms of <\/span>GDP and is expected to become the third-largest economy globally with a $5 trillion GDP by 2027.<\/span><\/p>\n

India\u2019s manufacturing journey has come a long way and since the last few years, a substantial <\/span>impetus is being provided to the manufacturing sector with a greater focus by the <\/span>government through larger budgets, policy reforms such as Atmanirbhar Bharat, Make in <\/span>India 2.0, and various PLI schemes.<\/span><\/p>\n

Today, India aims to boost the contribution of the manufacturing sector to the overall GDP <\/span>by focusing on exports and FDI inflows. India aspires to become the world\u2019s preferred <\/span>manufacturing hub. These aspirations are gradually shaping into reality, thanks to huge <\/span>demand for consumption and augmented supply.<\/span><\/p>\n

Our cost competitiveness makes India more attractive than other manufacturing countries <\/span>like China, Western Europe, Australia, the US, and Canada. The labour and tax reforms are <\/span>the key to making India a global manufacturing hub.<\/span><\/p>\n

Overall, the India manufacturing theme is fast evolving into its own growth story. The sector <\/span>currently stands at $450bn in FY23 as compared to the pre-covid level of $330bn in FY19. <\/span>Therefore, this may be the right time for investors to capture the vast potential of the sector <\/span>through Axis India Manufacturing Fund.\u00a0<\/span><\/p>\n

Axis India Manufacturing Fund Investment approach<\/b><\/h2>\n

Axis India Manufacturing Fund aims to invest in quality stocks. It will try to tap the companies <\/span>with sustainable growth potential and invest across market capitalizations. The fund will be <\/span>actively managed and will use a 3-pronged strategy to identify stocks:\u00a0<\/span><\/p>\n

    \n
  1. Manufacturing companies investing in factory equipment and R&D to improve <\/span>production capabilities.<\/li>\n<\/ol>\n
      \n
    1. Industries with rising demand from domestic consumption and premiumization of <\/span>products.<\/li>\n<\/ol>\n
        \n
      1. Focus on sectors that are becoming net exporters in India<\/span><\/li>\n<\/ol>\n

        Key Features of Axis India Manufacturing Fund<\/b><\/h2>\n
          \n
        1. Axis India Manufacturing Fund is an open-ended equity scheme that invests in India\u2019s <\/span>manufacturing sector.<\/li>\n<\/ol>\n
            \n
          1. The fund will invest across 11 sectors, comprising 66 industries, across market <\/span>capitalization, in both public and private sector enterprises. This will ensure diversification within the fund.<\/li>\n<\/ol>\n

            Investments would be made in sectors including Automobiles and auto ancillary, <\/span>Chemicals, Pharmaceuticals, Textiles, Electrical and Electronics, Food and Beverages, <\/span>Consumer Durables, Building materials, Defense and Aerospace, Capital Goods and <\/span>Engineering, and Industrials.\u00a0<\/span><\/p>\n

              \n
            1. The NFO will be open to investors from 1st Dec 2023 to 15th Dec 2023.\u00a0<\/span><\/li>\n<\/ol>\n

              Why invest in Axis India Manufacturing Fund?<\/b><\/h2>\n
                \n
              1. Rides on the emerging India manufacturing theme<\/span><\/li>\n
              2. Offers adequate diversification by sector and market cap<\/span><\/li>\n
              3. Potential for long-term wealth creation<\/span><\/li>\n
              4. Access to manufacturing theme with a single fund<\/span><\/li>\n
              5. Focus on the creation of a quality portfolio<\/span><\/li>\n<\/ol>\n

                Who is the fund ideal for?<\/b><\/h2>\n

                Axis India Manufacturing Fund is a thematic fund playing out on the emerging manufacturing <\/span>growth potential in India. Thematic funds focus on a specific theme or sector. For instance, an <\/span>infrastructure-themed fund will invest in sectors like real estate, roads, railways, steel, <\/span>cement, etc.<\/span><\/p>\n

                Thematic funds are concentrated on a single idea\/theme which may take time to potentially <\/span>unfold. Therefore, they are ideal for informed investors who have a very high-risk appetite. <\/span>Along similar lines, Axis India Manufacturing Fund is ideal for investors seeking long-term <\/span>capital appreciation, who have a high-risk appetite, and an investment horizon of over 5 <\/span>Years.<\/span><\/p>\n

                Investors can invest a minimum of Rs. 500 and in multiples of Re 1 thereafter in case of <\/span>lumpsum investment. They can invest through SIP with a minimum of Rs. 100 and in multiples <\/span>of Re. 1 thereafter.<\/span><\/p>\n

                Disclaimer and Risk Factors<\/strong><\/p>\n

                Source: www.makeinindia.com<\/a>, IBEF Report \u2013 May 2023, india.gov.in,<\/span><\/p>\n

                www.rbi.org.in\/Scripts\/BS_SpeechesView.aspx?Id=1385<\/span><\/p>\n

                Data as on 30th September 2023.<\/span><\/p>\n

                Disclaimer:<\/strong> Investments in Mutual Funds and securities market are subject to market risks, read all the related documents carefully before investing. This Content\u00a0 is a purely educational in nature and are in no way an advice or recommendation. The securities are quoted as an example and not as a recommendation. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number CDSL – 12088800, NSE (90165), BSE (6707), BE STAR MF (53873) Red Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details , please visit: <\/span>https:\/\/www.paytmmoney.com<\/span><\/a><\/p>\n

                Data sources: (<\/span>rbi.org.in<\/span><\/a>), Avendus Spark, Internal research by AXIS MF fund management team, NSE methodology of Nifty India Manufacturing Index.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

                India is one of the fastest growing economies in the world, currently ranking 5th in terms of GDP and is expected to become the third-largest economy globally with a $5 trillion GDP by 2027. India\u2019s manufacturing journey has come a long way and since the last few years, a substantial impetus is being provided toContinue reading “Ride the Indian Economic Growth Wave with Axis India Manufacturing Fund”<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":4788,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[18,6],"tags":[],"class_list":["post-4786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nfo","category-personal-finance"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=4786"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/4788"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=4786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=4786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=4786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}