The Indian manufacturing sector is poised for significant growth in the coming years backed by a strong confluence of reforms, policies, and sectoral priorities by the government. Initiatives like the National Infrastructure Pipeline, Production Linked Incentive schemes, and privatization drive will provide an impetus through increased infrastructure spending and manufacturing incentives. Focused programmes under the Atmanirbhar Bharat and Make in India 2.0 missions aim to empower local manufacturers, reduce imports dependence, and enhance production capacities.

Long-term capital gains tax of 10% is applicable if the mutual fund units are held for more than one year. Short-term capital gains tax of 15% is applicable if the units are held for one year or less. Aforementioned tax rates shall be increased by applicable surcharge and health and education cess.*The information is provided for general information only. For further details on taxation please refer to the clause on Taxation in the SAI. In view of the individual nature of the implications, each investor is advised to consult his or her own tax advisors with respect to the specific amount of tax and other implications arising out of his or her participation in the schemes.

Returns may be in line with the growth achieved by India's manufacturing sector over the long term which is expected to outpace broader markets. However, actual returns depend on future performance.

The following persons are eligible and may apply for Subscription to the Unit(s) of the Scheme:• Resident adult individuals, either individually or jointly (up to a maximum of three individuals), or on an "Anyone or Survivor" basis.• Minors can invest, but they must be the first and sole holder, and the investment should be made through their natural guardian (father or mother) or a court-appointed legal guardian. Investments with minors cannot have joint holding.• Non-Resident Indians (NRIs), Persons of Indian origin (PIOs), and Overseas Citizens of India (OCIs) residing abroad can invest, either on a repatriation or non-repatriation basis.• The AMC (Asset Management Company) and Trustee may specify other categories of individuals permitted to make investments from time to time.

Axis India Manufacturing Fund is predominantly an equity-oriented scheme. Under normal circumstances, the fund will allocate 80-100% to equity & equity-related instruments including derivatives, 0-20% to debt & money market Instruments, and 0-10% to units issued by REITs & InvITs.

The fund is ideal for investors with high risk appetite and seeking capital appreciation over the long term with a 5-year investment horizon.

The scheme follows the NIFTY India Manufacturing TRI as benchmark.

The fund follows a bottom-up, fundamentals-based stock selection process. The fund seeks to identify companies across three segments of the Indian economy: companies investing in production capacity and R&D for future gains, those within industries with a rising demand trajectory, and those that are likely to benefit from India’s growing integration into the global supply chain.

Investors can transact through the below modes:• Axis MF Online / Axis MF Mobile• MF Utility• Channel Distributors• Stock Exchange Platforms• Other Electronic Mode

India’s manufacturing sector is poised for growth with enabling conditions like surging domestic and export demand, improving supply capabilities, and India’s rising geopolitical presence. The fund aims to leverage this theme and invest in sub-sectors of manufacturing that are likely to propel this boom over the coming years.

Axis India Manufacturing Fund aims to generate long-term wealth by investing within the manufacturing space in India. The fund aims to capitalize on growth opportunities in manufacturing created by rising demand and supply, government reforms, and the current geo-political scenario.

India is expected to become a global manufacturing hub on the back of policy push, investments, and rising domestic demand. Manufacturing's share in the GDP can rise substantially from the current 17% to around 25%.

Axis India Manufacturing Fund is an open-ended equity scheme representing the India manufacturing theme. The scheme aims to generate long-term capital appreciation by investing primarily in equity and equity related instruments of companies engaged in manufacturing.