HSBC Consumption Fund
Thematic-ConsumptionVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹15.26+0.48%1 day
- Return since launch
- 14.1%
- 52-week range
- ₹12.43 — ₹15.71
- AUM
- ₹1,698 Cr
HSBC Consumption Fund is a Thematic-Consumption equity fund from HSBC Mutual Fund with ₹1,698 Cr under management, launched in 2023. Over three years it has returned 7.7% a year, against 10.0% for its category. The expense ratio is 2.21% 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 +2.7% against -3.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 11.7% | +12.4 pts | -0.7% | 4.9% |
| 2Y | 6.8% | +4.4 pts | 2.4% | 2.0% |
| 3Y | 7.7% | −2.3 pts | 10.0% | 2.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.0% | −2.5 pts | 5.5% | 6.4% |
| 3M | -0.9% | +0.6 pts | -1.5% | -2.8% |
| 6M | 5.9% | +1.1 pts | 4.8% | 4.5% |
| 1Y | 2.7% | +3.3 pts | -0.7% | -2.8% |
| 2Y | 2.1% | +2.7 pts | -0.6% | -0.5% |
| 3Y | 14.0% | +4.0 pts | 10.0% | 8.5% |
Since launch (10 Aug 2023): 14.1%
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 6 Nov 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.38 | -0.48 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.01 | 1.02 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.43 | 0.28 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.59 | 0.37 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 17.83 | 17.19 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
HSBC Consumption Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.1%
- Other1.9%
Market cap split
- Large35.5%
- Mid24.0%
- Small40.5%
- P/E
- 50.10
- P/B
- 7.17
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 7.00% | ₹119 Cr | +5.77% | +5.68% | +5.96% |
| Radico Khaitan Ltd. | Consumer Staples | 4.99% | ₹84.66 Cr | +4.49% | +3.41% | +3.30% |
| Bharti Airtel Ltd. | Communication | 4.50% | ₹76.38 Cr | +5.81% | +6.37% | +5.91% |
| Titan Company Ltd. | Consumer Discretionary | 4.23% | ₹71.74 Cr | +4.04% | +4.13% | +3.10% |
| Maruti Suzuki India Ltd. | Automobile | 4.12% | ₹69.89 Cr | +4.84% | +4.56% | +5.23% |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 3.37% | ₹57.18 Cr | — | — | — |
| Ather Energy Ltd. | Automobile | 3.25% | ₹55.20 Cr | +2.59% | +1.95% | — |
| Varun Beverages Ltd. | Consumer Staples | 3.25% | ₹55.25 Cr | +3.81% | +3.28% | +3.34% |
| TVS Motor Company Ltd. | Automobile | 3.19% | ₹54.20 Cr | +2.68% | +2.74% | +2.47% |
| Global Health Ltd. | Healthcare | 3.09% | ₹52.46 Cr | +2.96% | +2.47% | +2.97% |
| Mahindra & Mahindra Ltd. | Automobile | 2.90% | ₹49.18 Cr | +3.00% | +3.29% | +2.34% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.70% | ₹45.88 Cr | +3.15% | +6.21% | +4.95% |
| Craftsman Automation Ltd. | Automobile | 2.50% | ₹42.37 Cr | +2.26% | +0.93% | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 2.48% | ₹42.13 Cr | +1.73% | +1.91% | +2.04% |
| Amber Enterprises India Ltd. | Consumer Discretionary | 2.46% | ₹41.77 Cr | +2.77% | +2.74% | +2.98% |
| Dixon Technologies (India) Ltd. | Capital Goods | 2.41% | ₹40.87 Cr | +2.18% | +2.02% | +3.00% |
| Trent Ltd. | Services | 2.08% | ₹35.39 Cr | +2.60% | — | — |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 2.07% | ₹35.21 Cr | +2.26% | — | — |
| Britannia Industries Ltd. | Consumer Staples | 1.96% | ₹33.21 Cr | +2.08% | +2.49% | — |
| Electronics Mart India Ltd. | Services | 1.90% | ₹32.23 Cr | +1.12% | +0.63% | +0.88% |
| Others | Others | 1.89% | ₹32.38 Cr | -0.56% | -0.94% | -0.68% |
| Devyani International Ltd. | Services | 1.87% | ₹31.69 Cr | +1.26% | +1.00% | +1.57% |
| Swiggy Ltd. | Services | 1.85% | ₹31.39 Cr | +1.76% | +2.18% | +2.46% |
| CCL Products (India) Ltd. | Consumer Staples | 1.75% | ₹29.68 Cr | +2.02% | +2.03% | +1.45% |
| Meesho Ltd. | Services | 1.63% | ₹27.60 Cr | — | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.61% | ₹27.28 Cr | +2.50% | +2.77% | +2.89% |
| Lemon Tree Hotels Ltd. | Services | 1.61% | ₹27.39 Cr | +1.80% | +1.76% | +2.57% |
| Bikaji Foods International Ltd. | Consumer Staples | 1.50% | ₹25.53 Cr | +1.87% | +2.03% | +2.14% |
| Thangamayil Jewellery Ltd. | Consumer Discretionary | 1.49% | ₹25.31 Cr | +1.88% | +1.15% | +0.02% |
| TBO Tek Ltd. | Services | 1.37% | ₹23.32 Cr | +1.16% | +0.98% | +1.24% |
| Sobha Ltd. | Construction | 1.35% | ₹22.93 Cr | +1.52% | +1.49% | +1.70% |
| Endurance Technologies Ltd. | Automobile | 1.28% | ₹21.65 Cr | +1.28% | +1.00% | +0.93% |
| Rentomojo Ltd. | Services | 1.12% | ₹18.95 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.09% | ₹18.48 Cr | +0.98% | +1.03% | — |
| PB Fintech Ltd. | Services | 1.09% | ₹18.54 Cr | +1.67% | +1.66% | +3.37% |
| Voltas Ltd. | Consumer Discretionary | 1.09% | ₹18.50 Cr | +1.30% | +1.47% | +1.38% |
| Ashok Leyland Ltd. | Automobile | 1.04% | ₹17.69 Cr | +1.06% | +1.18% | +0.53% |
| Kaynes Technology India Ltd. | Capital Goods | 1.04% | ₹17.58 Cr | +0.92% | +0.51% | — |
| Entero Healthcare Solutions Ltd. | Healthcare | 1.02% | ₹17.34 Cr | +0.71% | +0.85% | +0.67% |
| Hindustan Foods Ltd. | Consumer Staples | 1.01% | ₹17.13 Cr | +0.97% | +1.01% | +0.91% |
| Jubilant FoodWorks Ltd. | Services | 0.92% | ₹15.58 Cr | +0.84% | +0.99% | +1.24% |
| Motilal Oswal Financial Services Ltd. | Financial | 0.81% | ₹13.69 Cr | +0.77% | +0.58% | +0.72% |
| Wakefit Innovations Ltd. | Consumer Discretionary | 0.81% | ₹13.76 Cr | +0.69% | +0.97% | — |
| Dhoot Transmission Ltd. | Capital Goods | 0.76% | ₹12.88 Cr | — | — | — |
| Safari Industries (India) Ltd. | Consumer Discretionary | 0.69% | ₹11.67 Cr | +0.76% | +0.78% | +1.05% |
| Metro Brands Ltd. | Consumer Discretionary | 0.66% | ₹11.27 Cr | +0.79% | +0.80% | +0.94% |
| Nippon Life India Asset Management Ltd. | Financial | 0.63% | ₹10.70 Cr | +0.68% | +0.54% | +0.51% |
| Mold-Tek Packaging Ltd. | Materials | 0.62% | ₹10.50 Cr | +0.67% | +0.50% | +0.68% |
| KSH International Ltd. | Capital Goods | 0.59% | ₹10.01 Cr | — | — | — |
| United Spirits Ltd. | Consumer Staples | 0.48% | ₹8.12 Cr | +0.48% | — | — |
| Globus Spirits Ltd. | Consumer Staples | 0.45% | ₹7.71 Cr | +1.45% | +1.47% | +1.69% |
| Awfis Space Solutions Ltd. | Services | 0.43% | ₹7.32 Cr | +0.53% | +0.46% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Meesho Ltd. | 0.00% | 1.63% | +1.63% |
| Eicher Motors Ltd. | 1.38% | 0.00% | -1.38% |
| Milky Mist Dairy Food Ltd. | 2.10% | 3.37% | +1.27% |
| Rentomojo Ltd. | 0.00% | 1.12% | +1.12% |
| Globus Spirits Ltd. | 1.39% | 0.45% | -0.94% |
| Bharti Airtel Ltd. | 5.33% | 4.50% | -0.83% |
| PB Fintech Ltd. | 1.80% | 1.09% | -0.71% |
| Godrej Consumer Products Ltd. | 2.09% | 1.61% | -0.48% |
| Varun Beverages Ltd. | 2.82% | 3.25% | +0.43% |
| Ather Energy Ltd. | 3.66% | 3.25% | -0.41% |
| Electronics Mart India Ltd. | 1.56% | 1.90% | +0.34% |
| Eternal Ltd. | 6.70% | 7.00% | +0.30% |
| Redtape Ltd. | 0.25% | 0.00% | -0.25% |
| Maruti Suzuki India Ltd. | 4.36% | 4.12% | -0.24% |
| Radico Khaitan Ltd. | 4.79% | 4.99% | +0.20% |
| Bikaji Foods International Ltd. | 1.69% | 1.50% | -0.19% |
| Amber Enterprises India Ltd. | 2.63% | 2.46% | -0.17% |
| Titan Company Ltd. | 4.39% | 4.23% | -0.16% |
| Dixon Technologies (India) Ltd. | 2.55% | 2.41% | -0.14% |
| Krishna Institute of Medical Sciences Ltd | 1.96% | 2.07% | +0.11% |
| Mahindra & Mahindra Ltd. | 3.01% | 2.90% | -0.11% |
| Multi Commodity Exchange Of India Ltd. | 2.60% | 2.70% | +0.10% |
| Swiggy Ltd. | 1.95% | 1.85% | -0.10% |
| LG Electronics India Ltd. | 1.00% | 1.09% | +0.09% |
| Ashok Leyland Ltd. | 1.11% | 1.04% | -0.07% |
| Hindustan Foods Ltd. | 1.08% | 1.01% | -0.07% |
| Lemon Tree Hotels Ltd. | 1.54% | 1.61% | +0.07% |
| KSH International Ltd. | 0.52% | 0.59% | +0.07% |
| Dhoot Transmission Ltd. | 0.70% | 0.76% | +0.06% |
| Trent Ltd. | 2.14% | 2.08% | -0.06% |
| Sobha Ltd. | 1.30% | 1.35% | +0.05% |
| Voltas Ltd. | 1.14% | 1.09% | -0.05% |
| Global Health Ltd. | 3.13% | 3.09% | -0.04% |
| Kalyan Jewellers India Ltd. | 2.52% | 2.48% | -0.04% |
| TBO Tek Ltd. | 1.33% | 1.37% | +0.04% |
| TVS Motor Company Ltd. | 3.15% | 3.19% | +0.04% |
| Wakefit Innovations Ltd. | 0.77% | 0.81% | +0.04% |
| Britannia Industries Ltd. | 1.99% | 1.96% | -0.03% |
| CCL Products (India) Ltd. | 1.73% | 1.75% | +0.02% |
| Kaynes Technology India Ltd. | 1.02% | 1.04% | +0.02% |
| Metro Brands Ltd. | 0.68% | 0.66% | -0.02% |
| Motilal Oswal Financial Services Ltd. | 0.79% | 0.81% | +0.02% |
| Nippon Life India Asset Management Ltd. | 0.65% | 0.63% | -0.02% |
| Devyani International Ltd. | 1.86% | 1.87% | +0.01% |
| Endurance Technologies Ltd. | 1.29% | 1.28% | -0.01% |
| Entero Healthcare Solutions Ltd. | 1.01% | 1.02% | +0.01% |
| Jubilant FoodWorks Ltd. | 0.93% | 0.92% | -0.01% |
| Others | -0.14% | -0.13% | +0.01% |
| United Spirits Ltd. | 0.49% | 0.48% | -0.01% |
| Safari Industries (India) Ltd. | 0.68% | 0.69% | +0.01% |
| Craftsman Automation Ltd. | 2.51% | 2.50% | -0.01% |
| Awfis Space Solutions Ltd. | 0.43% | 0.43% | 0.00% |
| Mold-Tek Packaging Ltd. | 0.62% | 0.62% | 0.00% |
| Thangamayil Jewellery Ltd. | 1.49% | 1.49% | 0.00% |
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 | ₹2,432 Cr | 2.19% | 9.2% | 5.3% | 10.2% |
 Mirae Asset Great Consumer Fund | ₹4,455 Cr | 2.06% | 8.3% | 4.4% | 10.0% |
 Tata India Consumer Fund | ₹2,723 Cr | 2.12% | 14.7% | 8.5% | 12.9% |
 Canara Robeco Consumption Fund | ₹1,872 Cr | 2.15% | 8.4% | 4.5% | 9.6% |
 UTI India Consumer Fund | ₹678 Cr | 2.43% | 5.6% | 3.8% | 8.1% |
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
- Dipan S. ParikhMr. Parikh has done B.ComHe has been working with HSBC Mutual Fund since 2006
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 months5.93% absolute | ₹60,000 | ₹63,558 | 5.93% | |
| 1 year2.66% annualised | ₹1,20,000 | ₹1,21,743 | 1.45% | |
| 3 years13.98% annualised | ₹3,60,000 | ₹4,49,264 | 24.80% |
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 ₹15.26 as on 6 Nov 2026.
What is the expense ratio of HSBC Consumption Fund?
The expense ratio of HSBC Consumption Fund is 2.21% 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 ₹1,58,065 Cr under management.