HSBC Consumption Fund
Thematic-ConsumptionVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹15.23+0.15%1 day
- Return since launch
- 15.4%
- 52-week range
- ₹12.43 — ₹15.71
- AUM
- ₹1,817 Cr
HSBC Consumption Fund is a Thematic-Consumption equity fund from HSBC Mutual Fund with ₹1,817 Cr under management, launched in 2023. Over three years it has returned 8.8% a year, against 9.4% for its category. The expense ratio is 2.19% and the SEBI riskometer reading is Very High.
Performance
HSBC Consumption Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.6% against -4.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 11.4% | +14.9 pts | -3.4% | -1.1% |
| 2Y | 6.7% | +7.2 pts | -0.6% | -0.8% |
| 3Y | 8.8% | −0.7 pts | 9.4% | 2.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | +0.9 pts | -3.9% | -4.2% |
| 3M | 7.0% | +4.7 pts | 2.3% | 1.3% |
| 6M | 19.8% | +6.3 pts | 13.5% | 11.2% |
| 1Y | 3.6% | +7.0 pts | -3.4% | -4.0% |
| 2Y | -0.9% | +5.6 pts | -6.5% | -6.9% |
| 3Y | 14.9% | +5.5 pts | 9.4% | 8.3% |
Since launch (10 Aug 2023): 15.4%
Calendar-year returns
Category average32.4%
-1.5%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -1.5% | −3.5 pts | 2.0% |
| 2024 | 32.4% | +9.3 pts | 23.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.19%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.78%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY India Consumption TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
HSBC Consumption Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.6%
- Other1.4%
Market cap split
- Large37.9%
- Mid23.0%
- Small39.1%
- P/E
- 52.18
- P/B
- 7.39
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 6.70% | ₹122 Cr | +5.63% | +4.55% | +5.94% |
| Bharti Airtel Ltd. | Communication | 5.33% | ₹96.88 Cr | +5.92% | +5.96% | +6.14% |
| Radico Khaitan Ltd. | Consumer Staples | 4.79% | ₹86.96 Cr | +4.13% | +3.05% | +3.36% |
| Titan Company Ltd. | Consumer Discretionary | 4.39% | ₹79.80 Cr | +3.86% | +4.02% | +3.45% |
| Maruti Suzuki India Ltd. | Automobile | 4.36% | ₹79.11 Cr | +4.64% | +4.88% | +3.92% |
| Ather Energy Ltd. | Automobile | 3.66% | ₹66.54 Cr | +2.26% | +1.63% | — |
| TVS Motor Company Ltd. | Automobile | 3.15% | ₹57.31 Cr | +2.68% | +2.80% | +2.43% |
| Global Health Ltd. | Healthcare | 3.13% | ₹56.86 Cr | +2.77% | +2.60% | +3.21% |
| Mahindra & Mahindra Ltd. | Automobile | 3.01% | ₹54.71 Cr | +3.07% | +3.36% | — |
| Varun Beverages Ltd. | Consumer Staples | 2.82% | ₹51.22 Cr | +4.09% | +3.43% | +3.79% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 2.63% | ₹47.70 Cr | +2.89% | +2.96% | +2.77% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.60% | ₹47.26 Cr | +5.17% | +7.81% | +4.84% |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.55% | ₹46.33 Cr | +2.18% | +1.95% | +3.17% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 2.52% | ₹45.77 Cr | +1.64% | +1.85% | +2.33% |
| Craftsman Automation Ltd. | Automobile | 2.51% | ₹45.55 Cr | +1.37% | — | — |
| Trent Ltd. | Services | 2.14% | ₹38.88 Cr | +2.30% | — | +1.91% |
| company:20772 | Consumer Staples | 2.10% | ₹38.12 Cr | — | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 2.09% | ₹37.94 Cr | +2.62% | +3.04% | +3.18% |
| Britannia Industries Ltd. | Consumer Staples | 1.99% | ₹36.09 Cr | +2.17% | +2.45% | — |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 1.96% | ₹35.64 Cr | +1.10% | — | — |
| Swiggy Ltd. | Services | 1.95% | ₹35.38 Cr | +1.96% | +2.25% | +2.46% |
| Devyani International Ltd. | Services | 1.86% | ₹33.76 Cr | +1.35% | +1.20% | +1.68% |
| PB Fintech Ltd. | Services | 1.80% | ₹32.68 Cr | +1.80% | +1.53% | +3.62% |
| CCL Products (India) Ltd. | Consumer Staples | 1.73% | ₹31.43 Cr | +1.86% | +1.75% | +1.54% |
| Bikaji Foods International Ltd. | Consumer Staples | 1.69% | ₹30.62 Cr | +1.93% | +1.85% | +2.35% |
| Electronics Mart India Ltd. | Services | 1.56% | ₹28.34 Cr | +1.08% | +0.64% | +0.81% |
| Lemon Tree Hotels Ltd. | Services | 1.54% | ₹27.92 Cr | +1.81% | +1.77% | +2.65% |
| Thangamayil Jewellery Ltd. | Consumer Discretionary | 1.49% | ₹27.06 Cr | +1.27% | +1.17% | +0.03% |
| Others | Others | 1.39% | ₹25.64 Cr | -1.42% | -0.54% | -1.76% |
| Globus Spirits Ltd. | Consumer Staples | 1.39% | ₹25.21 Cr | +1.44% | +1.46% | +2.01% |
| Eicher Motors Ltd. | Automobile | 1.38% | ₹25.05 Cr | +1.37% | +1.50% | +0.92% |
| TBO Tek Ltd. | Services | 1.33% | ₹24.15 Cr | +1.03% | +1.01% | +1.10% |
| Sobha Ltd. | Construction | 1.30% | ₹23.57 Cr | +1.61% | +1.55% | +1.63% |
| Endurance Technologies Ltd. | Automobile | 1.29% | ₹23.40 Cr | +1.34% | +0.91% | — |
| Voltas Ltd. | Consumer Discretionary | 1.14% | ₹20.65 Cr | +1.30% | +1.60% | +1.44% |
| Ashok Leyland Ltd. | Automobile | 1.11% | ₹20.16 Cr | +1.08% | +1.44% | — |
| Hindustan Foods Ltd. | Consumer Staples | 1.08% | ₹19.62 Cr | +0.94% | +0.86% | +0.95% |
| Kaynes Technology India Ltd. | Capital Goods | 1.02% | ₹18.50 Cr | +0.95% | +0.51% | — |
| Entero Healthcare Solutions Ltd. | Healthcare | 1.01% | ₹18.36 Cr | +0.73% | +0.62% | +0.73% |
| LG Electronics India Ltd. | Consumer Discretionary | 1.00% | ₹18.20 Cr | +0.99% | +1.01% | — |
| Jubilant FoodWorks Ltd. | Services | 0.93% | ₹16.92 Cr | +0.88% | +1.05% | +1.30% |
| Motilal Oswal Financial Services Ltd. | Financial | 0.79% | ₹14.36 Cr | +0.73% | +0.59% | +0.72% |
| Wakefit Innovations Ltd. | Consumer Discretionary | 0.77% | ₹14.04 Cr | +0.71% | +1.06% | — |
| company:20770 | Capital Goods | 0.70% | ₹12.75 Cr | — | — | — |
| Metro Brands Ltd. | Consumer Discretionary | 0.68% | ₹12.31 Cr | +0.83% | +0.78% | +0.86% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.68% | ₹12.33 Cr | +0.74% | +0.87% | +1.06% |
| Nippon Life India Asset Management Ltd. | Financial | 0.65% | ₹11.72 Cr | +0.67% | +0.55% | +0.48% |
| Mold-Tek Packaging Ltd. | Materials | 0.62% | ₹11.28 Cr | +0.68% | +0.54% | +0.76% |
| KSH International Ltd. | Capital Goods | 0.52% | ₹9.47 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 0.49% | ₹8.94 Cr | +0.46% | — | — |
| Awfis Space Solutions Ltd. | Services | 0.43% | ₹7.77 Cr | +0.60% | +0.52% | — |
| Redtape Ltd. | Consumer Discretionary | 0.25% | ₹4.56 Cr | +0.61% | +0.50% | +0.53% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:20772 | 0.00% | 2.10% | +2.10% |
| Avenue Supermarts Ltd. | 1.59% | 0.00% | -1.59% |
| Ather Energy Ltd. | 2.77% | 3.66% | +0.89% |
| company:20770 | 0.00% | 0.70% | +0.70% |
| Bharti Airtel Ltd. | 5.98% | 5.33% | -0.65% |
| Devyani International Ltd. | 1.25% | 1.86% | +0.61% |
| Multi Commodity Exchange Of India Ltd. | 2.12% | 2.60% | +0.48% |
| Godrej Consumer Products Ltd. | 2.56% | 2.09% | -0.47% |
| Electronics Mart India Ltd. | 1.16% | 1.56% | +0.40% |
| Varun Beverages Ltd. | 3.21% | 2.82% | -0.39% |
| Maruti Suzuki India Ltd. | 4.72% | 4.36% | -0.36% |
| Eternal Ltd. | 6.37% | 6.70% | +0.33% |
| Entero Healthcare Solutions Ltd. | 0.72% | 1.01% | +0.29% |
| Redtape Ltd. | 0.54% | 0.25% | -0.29% |
| Craftsman Automation Ltd. | 2.28% | 2.51% | +0.23% |
| PB Fintech Ltd. | 1.58% | 1.80% | +0.22% |
| Mahindra & Mahindra Ltd. | 3.22% | 3.01% | -0.21% |
| Krishna Institute of Medical Sciences Ltd | 2.15% | 1.96% | -0.19% |
| CCL Products (India) Ltd. | 1.91% | 1.73% | -0.18% |
| Voltas Ltd. | 1.30% | 1.14% | -0.16% |
| Sobha Ltd. | 1.46% | 1.30% | -0.16% |
| Trent Ltd. | 2.30% | 2.14% | -0.16% |
| TBO Tek Ltd. | 1.20% | 1.33% | +0.13% |
| Kalyan Jewellers India Ltd. | 2.65% | 2.52% | -0.13% |
| Motilal Oswal Financial Services Ltd. | 0.67% | 0.79% | +0.12% |
| Britannia Industries Ltd. | 2.11% | 1.99% | -0.12% |
| Hindustan Foods Ltd. | 0.97% | 1.08% | +0.11% |
| Metro Brands Ltd. | 0.79% | 0.68% | -0.11% |
| Bikaji Foods International Ltd. | 1.78% | 1.69% | -0.09% |
| LG Electronics India Ltd. | 0.91% | 1.00% | +0.09% |
| Wakefit Innovations Ltd. | 0.68% | 0.77% | +0.09% |
| Lemon Tree Hotels Ltd. | 1.63% | 1.54% | -0.09% |
| Jubilant FoodWorks Ltd. | 0.85% | 0.93% | +0.08% |
| TVS Motor Company Ltd. | 3.23% | 3.15% | -0.08% |
| Swiggy Ltd. | 2.03% | 1.95% | -0.08% |
| Others | -0.07% | -0.14% | -0.07% |
| Global Health Ltd. | 3.07% | 3.13% | +0.06% |
| Kaynes Technology India Ltd. | 1.08% | 1.02% | -0.06% |
| Dixon Technologies (India) Ltd. | 2.49% | 2.55% | +0.06% |
| Titan Company Ltd. | 4.33% | 4.39% | +0.06% |
| KSH International Ltd. | 0.48% | 0.52% | +0.04% |
| Awfis Space Solutions Ltd. | 0.47% | 0.43% | -0.04% |
| Safari Industries (India) Ltd. | 0.72% | 0.68% | -0.04% |
| Ashok Leyland Ltd. | 1.08% | 1.11% | +0.03% |
| United Spirits Ltd. | 0.52% | 0.49% | -0.03% |
| Eicher Motors Ltd. | 1.40% | 1.38% | -0.02% |
| Amber Enterprises India Ltd. | 2.64% | 2.63% | -0.01% |
| Endurance Technologies Ltd. | 1.28% | 1.29% | +0.01% |
| Globus Spirits Ltd. | 1.38% | 1.39% | +0.01% |
| Mold-Tek Packaging Ltd. | 0.61% | 0.62% | +0.01% |
| Nippon Life India Asset Management Ltd. | 0.66% | 0.65% | -0.01% |
| Thangamayil Jewellery Ltd. | 1.48% | 1.49% | +0.01% |
| Radico Khaitan Ltd. | 4.78% | 4.79% | +0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,591 Cr | 2.19% | 1.4% | 4.0% | 9.5% |
 Mirae Asset Great Consumer Fund | ₹4,742 Cr | 2.05% | -0.2% | 3.0% | 9.4% |
 Tata India Consumer Fund | ₹2,901 Cr | 2.11% | 10.9% | 8.4% | 13.0% |
 Canara Robeco Consumption Fund | ₹1,987 Cr | 2.17% | -2.8% | 2.1% | 8.3% |
 UTI India Consumer Fund | ₹733 Cr | 2.42% | -2.4% | 2.4% | 7.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities.
Fund managers
- Anish GoenkaMr. Goenka has done B.Com and MBAPrior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund and IIFL AMC
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months19.77% absolute | ₹60,000 | ₹71,862 | 19.77% | |
| 1 year3.61% annualised | ₹1,20,000 | ₹1,22,373 | 1.98% | |
| 3 years14.93% annualised | ₹3,60,000 | ₹4,56,273 | 26.74% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of HSBC Consumption Fund?
The NAV of HSBC Consumption Fund is ₹15.23 as on 25 Sep 2026.
What is the expense ratio of HSBC Consumption Fund?
The expense ratio of HSBC Consumption Fund is 2.19% per year.
What is the minimum SIP amount for HSBC Consumption Fund?
You can start a SIP in HSBC Consumption Fund with ₹3,000 a month.
Is there a lock-in or exit load on HSBC Consumption Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 days..
How risky is HSBC Consumption Fund?
HSBC Consumption Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Consumption category.
Which fund house manages HSBC Consumption Fund?
HSBC Consumption Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,44,068 Cr under management.