Union Consumption Fund
- NAV as on 6 Nov 2026
- ₹10.12+0.80%1 day
- Return since launch
- 1.2%
- 52-week range
- ₹8.34 — ₹10.12
- AUM
- ₹314 Cr
Union Consumption Fund is a Thematic-Consumption equity fund from Union Mutual Fund with ₹314 Cr under management, launched in 2025. The expense ratio is 2.69% and the SEBI riskometer reading is Very High.
Performance
Union Consumption Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.2% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.1% | +0.6 pts | 5.5% | 6.4% |
| 3M | 2.0% | +3.5 pts | -1.5% | -2.8% |
| 6M | 8.7% | +3.9 pts | 4.8% | 4.5% |
Since launch (1 Dec 2025): 1.2%
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
2.68%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.07%
- Transaction charges
- 0.00%
- Statutory levies
- 0.51%
- Exit load
- Exit load of 1%, if redeemed within 1 Year.
- 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.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Union Consumption Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity98.7%
- Debt0.1%
- Other1.2%
Market cap split
- Large50.7%
- Mid25.7%
- Small23.5%
- P/E
- 47.27
- P/B
- 6.95
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 7.22% | ₹22.72 Cr | +5.19% | +4.60% | — |
| Bharti Airtel Ltd. | Communication | 7.05% | ₹22.16 Cr | +7.11% | +7.26% | — |
| Mahindra & Mahindra Ltd. | Automobile | 5.27% | ₹16.56 Cr | +4.59% | +6.20% | — |
| Maruti Suzuki India Ltd. | Automobile | 4.78% | ₹15.03 Cr | +6.75% | +5.48% | — |
| Varun Beverages Ltd. | Consumer Staples | 3.79% | ₹11.93 Cr | +4.50% | — | — |
| Trent Ltd. | Services | 3.65% | ₹11.49 Cr | +4.38% | +1.00% | — |
| Titan Company Ltd. | Consumer Discretionary | 3.63% | ₹11.42 Cr | +3.60% | +4.61% | — |
| Radico Khaitan Ltd. | Consumer Staples | 3.30% | ₹10.39 Cr | +3.46% | +2.25% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 2.94% | ₹9.26 Cr | +3.06% | +3.16% | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.85% | ₹8.96 Cr | +2.65% | +2.30% | — |
| Zydus Wellness Ltd. | Consumer Staples | 2.83% | ₹8.89 Cr | +3.04% | +1.58% | — |
| Ather Energy Ltd. | Automobile | 2.70% | ₹8.48 Cr | +2.76% | +1.90% | — |
| Honasa Consumer Ltd. | Consumer Staples | 2.67% | ₹8.39 Cr | +2.71% | +1.32% | — |
| One 97 Communications Ltd. | Services | 2.60% | ₹8.18 Cr | +1.53% | +1.27% | — |
| Marico Ltd. | Consumer Staples | 2.51% | ₹7.90 Cr | +2.74% | +2.49% | — |
| ICICI Bank Ltd. | Financial | 2.37% | ₹7.47 Cr | +1.67% | +0.60% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 2.34% | ₹7.35 Cr | +3.29% | +4.05% | — |
| Dr. Lal Pathlabs Ltd. | Healthcare | 2.15% | ₹6.76 Cr | +1.70% | +0.50% | — |
| The Phoenix Mills Ltd. | Construction | 2.04% | ₹6.42 Cr | +1.97% | +1.74% | — |
| Pidilite Industries Ltd. | Chemicals | 2.03% | ₹6.37 Cr | +2.11% | +1.23% | — |
| Shiprocket Ltd. | Technology | 1.97% | ₹6.20 Cr | — | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.95% | ₹6.14 Cr | +2.82% | +3.09% | — |
| Berger Paints India Ltd. | Materials | 1.66% | ₹5.20 Cr | +1.67% | — | — |
| TVS Motor Company Ltd. | Automobile | 1.65% | ₹5.17 Cr | +0.96% | +3.03% | — |
| Arvind Fashions Ltd. | Textiles | 1.63% | ₹5.11 Cr | +1.89% | +1.18% | — |
| Nippon Life India Asset Management Ltd. | Financial | 1.62% | ₹5.10 Cr | +1.92% | +1.40% | — |
| Blue Star Ltd. | Consumer Discretionary | 1.59% | ₹5.01 Cr | +2.18% | +1.52% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.59% | ₹5.00 Cr | +1.14% | +1.05% | — |
| Shadowfax Technologies Ltd. | Services | 1.52% | ₹4.76 Cr | — | — | — |
| CarTrade Tech Ltd. | Services | 1.49% | ₹4.69 Cr | +1.33% | +0.93% | — |
| Meesho Ltd. | Services | 1.45% | ₹4.56 Cr | +1.17% | +0.98% | — |
| Metro Brands Ltd. | Consumer Discretionary | 1.45% | ₹4.55 Cr | +1.65% | +1.61% | — |
| ITC Ltd. | Consumer Staples | 1.42% | ₹4.45 Cr | +1.09% | +1.25% | — |
| Others | Others | 1.23% | ₹3.91 Cr | +0.10% | +0.50% | — |
| Interglobe Aviation Ltd. | Services | 1.21% | ₹3.80 Cr | +1.27% | — | — |
| DOMS Industries Ltd. | Consumer Staples | 1.12% | ₹3.52 Cr | +1.61% | +1.84% | — |
| Greenply Industries Ltd. | Materials | 1.12% | ₹3.53 Cr | +1.06% | — | — |
| Hyundai Motor India Ltd. | Automobile | 0.84% | ₹2.64 Cr | — | — | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.82% | ₹2.58 Cr | — | — | — |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 0.81% | ₹2.53 Cr | — | — | — |
| CORONA Remedies Ltd. | Healthcare | 0.75% | ₹2.36 Cr | +0.68% | +0.61% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.50% | ₹1.56 Cr | — | — | — |
| Kei Industries Ltd. | Capital Goods | 0.50% | ₹1.56 Cr | +1.65% | +1.41% | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.42% | ₹1.31 Cr | — | — | — |
| Nestle India Ltd. | Consumer Staples | 0.37% | ₹1.18 Cr | — | — | — |
| Prestige Estates Projects Ltd. | Construction | 0.33% | ₹1.04 Cr | — | — | — |
| Sky Gold And Diamonds Ltd. | Consumer Discretionary | 0.19% | ₹0.61 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.05% | ₹0.17 Cr | +0.04% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Kei Industries Ltd. | 1.71% | 0.50% | -1.21% |
| Ather Energy Ltd. | 3.65% | 2.70% | -0.95% |
| HDFC Life Insurance Co Ltd. | 0.00% | 0.50% | +0.50% |
| Varun Beverages Ltd. | 3.29% | 3.79% | +0.50% |
| ITC Ltd. | 0.95% | 1.42% | +0.47% |
| Hyundai Motor India Ltd. | 0.46% | 0.84% | +0.38% |
| Nestle India Ltd. | 0.00% | 0.37% | +0.37% |
| Prestige Estates Projects Ltd. | 0.68% | 0.33% | -0.35% |
| Milky Mist Dairy Food Ltd. | 0.50% | 0.81% | +0.31% |
| Eternal Ltd. | 6.92% | 7.22% | +0.30% |
| Maruti Suzuki India Ltd. | 5.06% | 4.78% | -0.28% |
| Radico Khaitan Ltd. | 3.57% | 3.30% | -0.27% |
| Bharti Airtel Ltd. | 6.79% | 7.05% | +0.26% |
| LG Electronics India Ltd. | 2.71% | 2.94% | +0.23% |
| Meesho Ltd. | 1.22% | 1.45% | +0.23% |
| Mahindra & Mahindra Ltd. | 5.48% | 5.27% | -0.21% |
| Shadowfax Technologies Ltd. | 1.31% | 1.52% | +0.21% |
| Dr. Lal Pathlabs Ltd. | 1.96% | 2.15% | +0.19% |
| Others | -0.19% | -0.37% | -0.18% |
| The Phoenix Mills Ltd. | 1.87% | 2.04% | +0.17% |
| Shiprocket Ltd. | 2.13% | 1.97% | -0.16% |
| Pidilite Industries Ltd. | 2.18% | 2.03% | -0.15% |
| Arvind Fashions Ltd. | 1.78% | 1.63% | -0.15% |
| Blue Star Ltd. | 1.44% | 1.59% | +0.15% |
| Lenskart Solutions Ltd. | 1.44% | 1.59% | +0.15% |
| Titan Company Ltd. | 3.78% | 3.63% | -0.15% |
| Greenply Industries Ltd. | 1.01% | 1.12% | +0.11% |
| Honasa Consumer Ltd. | 2.78% | 2.67% | -0.11% |
| One 97 Communications Ltd. | 2.49% | 2.60% | +0.11% |
| Trent Ltd. | 3.75% | 3.65% | -0.10% |
| Zydus Wellness Ltd. | 2.73% | 2.83% | +0.10% |
| ICICI Bank Ltd. | 2.44% | 2.37% | -0.07% |
| CORONA Remedies Ltd. | 0.69% | 0.75% | +0.06% |
| FSN E-Commerce Ventures Ltd. | 2.91% | 2.85% | -0.06% |
| Marico Ltd. | 2.45% | 2.51% | +0.06% |
| Tata Consumer Products Ltd. | 2.39% | 2.34% | -0.05% |
| CarTrade Tech Ltd. | 1.44% | 1.49% | +0.05% |
| Hindustan Unilever Ltd. | 1.91% | 1.95% | +0.04% |
| Nippon Life India Asset Management Ltd. | 1.66% | 1.62% | -0.04% |
| Berger Paints India Ltd. | 1.69% | 1.66% | -0.03% |
| Metro Brands Ltd. | 1.48% | 1.45% | -0.03% |
| Dixon Technologies (India) Ltd. | 0.44% | 0.42% | -0.02% |
| Interglobe Aviation Ltd. | 1.19% | 1.21% | +0.02% |
| TVS Motor Company Ltd. | 1.63% | 1.65% | +0.02% |
| DOMS Industries Ltd. | 1.11% | 1.12% | +0.01% |
| Sky Gold And Diamonds Ltd. | 0.18% | 0.19% | +0.01% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.83% | 0.82% | -0.01% |
| Reserve Bank of India | 0.05% | 0.05% | 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 | ₹2,285 Cr | 2.19% | 9.7% | 5.8% | 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% |
 HSBC Consumption Fund | ₹1,698 Cr | 2.19% | 11.7% | 7.7% | — |
 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 appreciation by investing in companies those are engaged in consumption and consumption related sector or allied sectors. These companies are expected to directly or indirectly benefit from changing consumer aspirations, changing lifestyle and overall growth in consumption led demand.
Fund managers
- Sanjay BembalkarMr. Bembalkar has done B.Com, M.Sc. (Accounting and Finance), ACA, CFA Charterholder.Prior to joining Union Mutual Fund, he has worked with Canara Robeco Asset Management Company Ltd, LIC Mutual Fund, Quantum Advisors Pvt. Ltd and Autonomous Research LLP
- Vinod MalviyaMr. Malviya has done Bachelors of Management Studies, Masters in Financial Management and CFA (Level-III cleared)Prior to joining Union Mutual Fund, he was associated with Florintree Advisors Pvt. Ltd., East India Securities Ltd. and Amit Nalin Securities Pvt. Ltd.
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 months8.70% absolute | ₹60,000 | ₹65,220 | 8.70% |
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.