Nippon India Consumption Fund
Thematic-ConsumptionVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹187.50+0.45%1 day
- Return since launch
- 14.3%
- 52-week range
- ₹165.61 — ₹205.93
- AUM
- ₹2,452 Cr
Nippon India Consumption Fund is a Thematic-Consumption equity fund from Nippon India Mutual Fund with ₹2,452 Cr under management, launched in 2004. Over three years it has returned 0.9% a year, against 9.4% for its category. The expense ratio is 2.20% and the SEBI riskometer reading is Very High.
Performance
Nippon India Consumption Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -6.7% 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 | -2.6% | +0.8 pts | -3.4% | -0.8% |
| 2Y | -2.5% | −2.0 pts | -0.5% | -0.7% |
| 3Y | 0.9% | −8.5 pts | 9.4% | 2.1% |
| 5Y | 8.2% | −1.4 pts | 9.6% | 8.1% |
| 7Y | 13.1% | +1.3 pts | 11.9% | 11.1% |
| 10Y | 13.4% | +0.9 pts | 12.5% | 11.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.1% | −1.2 pts | -3.9% | -3.8% |
| 3M | 1.1% | −1.2 pts | 2.3% | 1.3% |
| 6M | 10.7% | −2.8 pts | 13.5% | 11.2% |
| 1Y | -6.7% | −3.3 pts | -3.4% | -4.1% |
| 2Y | -8.2% | −1.6 pts | -6.5% | -6.7% |
| 3Y | 8.1% | −1.3 pts | 9.4% | 8.2% |
| 5Y | 10.4% | +0.8 pts | 9.6% | 9.0% |
| 7Y | 15.8% | +2.4 pts | 13.4% | 12.2% |
| 10Y | 11.9% | −0.6 pts | 12.5% | 11.2% |
Since launch (16 Sep 2004): 14.3%
Calendar-year returns
Category average24.9%
31.9%
14.2%
26.9%
18.5%
3.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.0% | +1.0 pts | 2.0% |
| 2024 | 18.5% | −4.6 pts | 23.1% |
| 2023 | 26.9% | −3.8 pts | 30.7% |
| 2022 | 14.2% | +5.9 pts | 8.3% |
| 2021 | 31.9% | +2.5 pts | 29.4% |
| 2020 | 24.9% | +7.7 pts | 17.2% |
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 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.73%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- Exit load
- Exit load of 1% if redeemed within 1 month.
- 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 | -1.82 | 0.17 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.98 | 0.99 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.30 | 0.42 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.38 | 0.55 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.41 | 16.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Consumption Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.7%
- Debt0.0%
- Other1.3%
Market cap split
- Large67.8%
- Mid18.6%
- Small13.6%
- P/E
- 46.12
- P/B
- 7.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | 9.50% | ₹233 Cr | +7.52% | +7.90% | +8.36% |
| Eternal Ltd. | Services | 7.58% | ₹186 Cr | +6.00% | +5.56% | +4.13% |
| Hindustan Unilever Ltd. | Consumer Staples | 6.28% | ₹154 Cr | +6.50% | +5.04% | +7.05% |
| Bajaj Auto Ltd. | Automobile | 4.46% | ₹109 Cr | +4.54% | +4.08% | +2.55% |
| Trent Ltd. | Services | 3.64% | ₹89.18 Cr | +3.68% | +3.20% | +2.43% |
| Titan Company Ltd. | Consumer Discretionary | 3.58% | ₹87.67 Cr | +2.96% | +2.96% | +2.26% |
| TVS Motor Company Ltd. | Automobile | 3.54% | ₹86.77 Cr | +1.42% | +1.54% | +1.19% |
| Asian Paints Ltd. | Materials | 3.48% | ₹85.45 Cr | +3.63% | +3.05% | +3.40% |
| FSN E-Commerce Ventures Ltd. | Services | 3.35% | ₹82.27 Cr | +2.61% | +2.49% | +2.46% |
| Britannia Industries Ltd. | Consumer Staples | 3.32% | ₹81.54 Cr | +3.41% | — | — |
| Interglobe Aviation Ltd. | Services | 3.13% | ₹76.73 Cr | +2.73% | +2.82% | +3.45% |
| Varun Beverages Ltd. | Consumer Staples | 2.98% | ₹73.08 Cr | +4.04% | +3.25% | +2.76% |
| BlueStone Jewellery and Lifestyle Ltd. | Consumer Discretionary | 2.90% | ₹71.18 Cr | +1.91% | +1.64% | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 2.58% | ₹63.21 Cr | +3.05% | +2.79% | +3.00% |
| United Spirits Ltd. | Consumer Staples | 2.50% | ₹61.28 Cr | +2.69% | +1.37% | +1.18% |
| United Breweries Ltd. | Consumer Staples | 2.38% | ₹58.32 Cr | +2.48% | +2.29% | +2.41% |
| Zydus Wellness Ltd. | Consumer Staples | 2.36% | ₹57.93 Cr | +2.91% | +2.08% | +2.06% |
| Sapphire Foods India Ltd. | Services | 2.05% | ₹50.38 Cr | +1.64% | +1.75% | +2.55% |
| HDFC Asset Management Company Ltd. | Financial | 1.98% | ₹48.51 Cr | — | — | — |
| LG Electronics India Ltd. | Consumer Discretionary | 1.93% | ₹47.29 Cr | +1.79% | +1.76% | — |
| Maruti Suzuki India Ltd. | Automobile | 1.93% | ₹47.32 Cr | +6.73% | +7.18% | +2.52% |
| PB Fintech Ltd. | Services | 1.93% | ₹47.40 Cr | +1.82% | +1.49% | +1.08% |
| ITC Ltd. | Consumer Staples | 1.78% | ₹43.70 Cr | +2.07% | +6.35% | +7.56% |
| Avenue Supermarts Ltd. | Services | 1.76% | ₹43.26 Cr | +1.90% | +1.70% | +4.57% |
| Bharti Airtel Ltd. | Communication | 1.70% | ₹41.68 Cr | +1.78% | +5.54% | +5.93% |
| Page Industries Ltd. | Textiles | 1.51% | ₹36.91 Cr | +1.66% | +1.32% | +1.66% |
| Jubilant FoodWorks Ltd. | Services | 1.33% | ₹32.59 Cr | +1.19% | +1.36% | +1.50% |
| Others | Others | 1.31% | ₹32.41 Cr | 0.00% | +0.03% | +0.01% |
| Berger Paints India Ltd. | Materials | 1.16% | ₹28.51 Cr | +1.21% | +1.04% | +1.11% |
| Eicher Motors Ltd. | Automobile | 1.08% | ₹26.38 Cr | — | — | +2.88% |
| Swiggy Ltd. | Services | 1.07% | ₹26.15 Cr | +1.01% | +1.11% | — |
| Pidilite Industries Ltd. | Chemicals | 1.06% | ₹26.05 Cr | +0.97% | — | — |
| AWL Agri Business Ltd. | Consumer Staples | 0.97% | ₹23.86 Cr | +1.01% | +0.93% | — |
| Orkla India Ltd. | Consumer Staples | 0.96% | ₹23.57 Cr | +1.03% | +0.93% | — |
| Voltas Ltd. | Consumer Discretionary | 0.95% | ₹23.21 Cr | +1.02% | +1.21% | — |
| Westlife Foodworld Ltd. | Services | 0.95% | ₹23.28 Cr | +0.77% | +0.80% | +0.83% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.92% | ₹22.52 Cr | +1.08% | +2.43% | +2.06% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.91% | ₹22.40 Cr | +1.03% | +1.06% | +1.99% |
| Rainbow Children's Medicare Ltd. | Healthcare | 0.87% | ₹21.29 Cr | — | — | — |
| Dabur India Ltd. | Consumer Staples | 0.67% | ₹16.41 Cr | +0.81% | — | — |
| company:20319 | Financial | 0.62% | ₹15.12 Cr | — | — | — |
| Emami Ltd. | Consumer Staples | 0.43% | ₹10.48 Cr | +0.49% | +0.53% | — |
| Go Fashion (India) Ltd. | Services | 0.27% | ₹6.52 Cr | +0.53% | +0.49% | +1.08% |
| company:18721 | Consumer Staples | 0.21% | ₹5.13 Cr | — | — | — |
| Global Health Ltd. | Healthcare | 0.13% | ₹3.14 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PG Electroplast Ltd. | 1.24% | 0.00% | -1.24% |
| BlueStone Jewellery and Lifestyle Ltd. | 3.94% | 2.90% | -1.04% |
| Eternal Ltd. | 6.82% | 7.58% | +0.76% |
| company:20319 | 0.00% | 0.62% | +0.62% |
| Sapphire Foods India Ltd. | 1.58% | 2.05% | +0.47% |
| Electronics Mart India Ltd. | 0.42% | 0.00% | -0.42% |
| Godrej Consumer Products Ltd. | 2.99% | 2.58% | -0.41% |
| Bajaj Auto Ltd. | 4.13% | 4.46% | +0.33% |
| PB Fintech Ltd. | 1.61% | 1.93% | +0.32% |
| LG Electronics India Ltd. | 1.65% | 1.93% | +0.28% |
| Hindustan Unilever Ltd. | 6.55% | 6.28% | -0.27% |
| Titan Company Ltd. | 3.33% | 3.58% | +0.25% |
| FSN E-Commerce Ventures Ltd. | 3.12% | 3.35% | +0.23% |
| Varun Beverages Ltd. | 3.21% | 2.98% | -0.23% |
| company:18721 | 0.00% | 0.21% | +0.21% |
| Jubilant FoodWorks Ltd. | 1.15% | 1.33% | +0.18% |
| Page Industries Ltd. | 1.66% | 1.51% | -0.15% |
| Zydus Wellness Ltd. | 2.51% | 2.36% | -0.15% |
| United Breweries Ltd. | 2.52% | 2.38% | -0.14% |
| Westlife Foodworld Ltd. | 0.82% | 0.95% | +0.13% |
| ITC Ltd. | 1.91% | 1.78% | -0.13% |
| Interglobe Aviation Ltd. | 3.02% | 3.13% | +0.11% |
| TVS Motor Company Ltd. | 3.43% | 3.54% | +0.11% |
| Bharti Airtel Ltd. | 1.80% | 1.70% | -0.10% |
| Mahindra & Mahindra Ltd. | 9.59% | 9.50% | -0.09% |
| Voltas Ltd. | 1.03% | 0.95% | -0.08% |
| Orkla India Ltd. | 0.88% | 0.96% | +0.08% |
| Pidilite Industries Ltd. | 0.99% | 1.06% | +0.07% |
| HDFC Asset Management Company Ltd. | 1.92% | 1.98% | +0.06% |
| Trent Ltd. | 3.70% | 3.64% | -0.06% |
| Colgate-Palmolive (India) Ltd. | 0.97% | 0.91% | -0.06% |
| Eicher Motors Ltd. | 1.03% | 1.08% | +0.05% |
| Maruti Suzuki India Ltd. | 1.98% | 1.93% | -0.05% |
| Dabur India Ltd. | 0.72% | 0.67% | -0.05% |
| Asian Paints Ltd. | 3.52% | 3.48% | -0.04% |
| Rainbow Children's Medicare Ltd. | 0.91% | 0.87% | -0.04% |
| AWL Agri Business Ltd. | 0.93% | 0.97% | +0.04% |
| Britannia Industries Ltd. | 3.35% | 3.32% | -0.03% |
| Avenue Supermarts Ltd. | 1.73% | 1.76% | +0.03% |
| Berger Paints India Ltd. | 1.19% | 1.16% | -0.03% |
| Emami Ltd. | 0.46% | 0.43% | -0.03% |
| Swiggy Ltd. | 1.05% | 1.07% | +0.02% |
| United Spirits Ltd. | 2.48% | 2.50% | +0.02% |
| Global Health Ltd. | 0.12% | 0.13% | +0.01% |
| Go Fashion (India) Ltd. | 0.26% | 0.27% | +0.01% |
| Tata Consumer Products Ltd. | 0.93% | 0.92% | -0.01% |
| Others | 0.01% | 0.01% | 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 | ₹2,494 Cr | 2.19% | 3.8% | 4.8% | 10.2% |
 Mirae Asset Great Consumer Fund | ₹4,742 Cr | 2.05% | 0.2% | 3.0% | 9.3% |
 Tata India Consumer Fund | ₹2,901 Cr | 2.11% | 11.3% | 8.4% | 13.0% |
 Canara Robeco Consumption Fund | ₹1,987 Cr | 2.17% | -2.5% | 2.0% | 8.3% |
 HSBC Consumption Fund | ₹1,817 Cr | 2.19% | 11.9% | 8.8% | — |
 HDFC Consumption Fund | ₹1,022 Cr | 2.42% | -2.1% | 1.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Kinjal DesaiMs. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1She has been working with Nippon India Mutual Fund since year, 2012
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 months10.72% absolute | ₹60,000 | ₹66,432 | 10.72% | |
| 1 year−6.68% annualised | ₹1,20,000 | ₹1,15,745 | −3.55% | |
| 3 years8.09% annualised | ₹3,60,000 | ₹4,08,643 | 13.51% | |
| 5 years10.41% annualised | ₹6,00,000 | ₹7,89,610 | 31.60% |
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 Nippon India Consumption Fund?
The NAV of Nippon India Consumption Fund is ₹187.50 as on 25 Sep 2026.
What is the expense ratio of Nippon India Consumption Fund?
The expense ratio of Nippon India Consumption Fund is 2.20% per year.
What is the minimum SIP amount for Nippon India Consumption Fund?
You can start a SIP in Nippon India Consumption Fund with ₹3,000 a month.
What returns has Nippon India Consumption Fund given?
Nippon India Consumption Fund has returned -2.6% over 1 year, 0.9% over 3 years and 8.2% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India Consumption Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 1 month..
How risky is Nippon India Consumption Fund?
Nippon India Consumption Fund is rated Very High on the SEBI riskometer and belongs to the Thematic-Consumption category.
Which fund house manages Nippon India Consumption Fund?
Nippon India Consumption Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹7,67,506 Cr under management.