Union Consumption Fund
- NAV as on 25 Sep 2026
- ₹9.65+0.10%1 day
- Return since launch
- -3.5%
- 52-week range
- ₹8.34 — ₹10.05
- AUM
- ₹336 Cr
Union Consumption Fund is a Thematic-Consumption equity fund from Union Mutual Fund with ₹336 Cr under management, launched in 2025. The expense ratio is 2.79% 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 -3.5% against -4.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.4% | +0.5 pts | -3.9% | -3.8% |
| 3M | 2.1% | −0.2 pts | 2.3% | 1.3% |
| 6M | 13.1% | −0.4 pts | 13.5% | 11.2% |
Since launch (1 Dec 2025): -3.5%
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
2.78%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.09%
- Transaction charges
- 0.01%
- Statutory levies
- 0.58%
- 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 31 Aug 2026
Asset allocation
- Equity98.1%
- Debt0.1%
- Other1.9%
Market cap split
- Large49.2%
- Mid26.8%
- Small24.0%
- P/E
- 50.77
- P/B
- 7.40
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Eternal Ltd. | Services | 6.92% | ₹23.30 Cr | +5.13% | +4.42% | — |
| Bharti Airtel Ltd. | Communication | 6.79% | ₹22.85 Cr | +7.33% | +6.84% | — |
| Mahindra & Mahindra Ltd. | Automobile | 5.48% | ₹18.43 Cr | +4.76% | +6.38% | — |
| Maruti Suzuki India Ltd. | Automobile | 5.06% | ₹17.02 Cr | +6.55% | +5.92% | — |
| Titan Company Ltd. | Consumer Discretionary | 3.78% | ₹12.71 Cr | +3.81% | +4.51% | — |
| Trent Ltd. | Services | 3.75% | ₹12.62 Cr | +3.86% | +1.06% | — |
| Ather Energy Ltd. | Automobile | 3.65% | ₹12.28 Cr | +2.44% | +1.60% | — |
| Radico Khaitan Ltd. | Consumer Staples | 3.57% | ₹12.02 Cr | +3.22% | +1.16% | — |
| Varun Beverages Ltd. | Consumer Staples | 3.29% | ₹11.06 Cr | +4.55% | — | — |
| FSN E-Commerce Ventures Ltd. | Services | 2.91% | ₹9.79 Cr | +2.33% | +2.11% | — |
| Honasa Consumer Ltd. | Consumer Staples | 2.78% | ₹9.36 Cr | +2.51% | +0.71% | — |
| Zydus Wellness Ltd. | Consumer Staples | 2.73% | ₹9.19 Cr | +2.68% | +1.28% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 2.71% | ₹9.12 Cr | +3.04% | +2.87% | — |
| One97 Communications Ltd. | Services | 2.49% | ₹8.37 Cr | +1.56% | +1.30% | — |
| Marico Ltd. | Consumer Staples | 2.45% | ₹8.24 Cr | +2.81% | +2.39% | — |
| ICICI Bank Ltd. | Financial | 2.44% | ₹8.22 Cr | +1.30% | +1.22% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 2.39% | ₹8.03 Cr | +3.76% | +4.07% | — |
| Pidilite Industries Ltd. | Chemicals | 2.18% | ₹7.34 Cr | +2.05% | +1.12% | — |
| company:20795 | Technology | 2.13% | ₹7.16 Cr | — | — | — |
| Dr. Lal Pathlabs Ltd. | Healthcare | 1.96% | ₹6.58 Cr | +1.74% | — | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.91% | ₹6.43 Cr | +3.68% | +3.14% | — |
| Others | Others | 1.87% | ₹6.39 Cr | +0.14% | -0.26% | — |
| The Phoenix Mills Ltd. | Construction | 1.87% | ₹6.31 Cr | +1.87% | +1.71% | — |
| Arvind Fashions Ltd. | Textiles | 1.78% | ₹5.97 Cr | +1.75% | +1.15% | — |
| Kei Industries Ltd. | Capital Goods | 1.71% | ₹5.74 Cr | +1.67% | +1.59% | — |
| Berger Paints India Ltd. | Materials | 1.69% | ₹5.69 Cr | +1.32% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 1.66% | ₹5.59 Cr | +1.89% | +1.45% | — |
| TVS Motor Company Ltd. | Automobile | 1.63% | ₹5.47 Cr | +1.61% | +3.12% | — |
| Metro Brands Ltd. | Consumer Discretionary | 1.48% | ₹4.97 Cr | +1.76% | +1.70% | — |
| Blue Star Ltd. | Consumer Discretionary | 1.44% | ₹4.83 Cr | +2.12% | +1.64% | — |
| CarTrade Tech Ltd. | Services | 1.44% | ₹4.84 Cr | +0.89% | +0.91% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 1.44% | ₹4.84 Cr | +1.21% | +0.54% | — |
| Shadowfax Technologies Ltd. | Services | 1.31% | ₹4.39 Cr | — | — | — |
| Meesho Ltd. | Services | 1.22% | ₹4.11 Cr | +1.16% | +1.00% | — |
| Interglobe Aviation Ltd. | Services | 1.19% | ₹3.99 Cr | — | — | — |
| DOMS Industries Ltd. | Consumer Staples | 1.11% | ₹3.73 Cr | +1.59% | +1.67% | — |
| Greenply Industries Ltd. | Materials | 1.01% | ₹3.41 Cr | — | — | — |
| ITC Ltd. | Consumer Staples | 0.95% | ₹3.18 Cr | +1.13% | +1.22% | — |
| ZF Commercial Vehicle Control Systems India Ltd. | Automobile | 0.83% | ₹2.79 Cr | — | — | — |
| CORONA Remedies Ltd. | Healthcare | 0.69% | ₹2.32 Cr | +0.60% | — | — |
| Prestige Estates Projects Ltd. | Construction | 0.68% | ₹2.29 Cr | — | — | — |
| company:20772 | Consumer Staples | 0.50% | ₹1.69 Cr | — | — | — |
| Hyundai Motor India Ltd. | Automobile | 0.46% | ₹1.54 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.44% | ₹1.49 Cr | — | — | — |
| company:15443 | Consumer Discretionary | 0.18% | ₹0.61 Cr | — | — | — |
| Reserve Bank of India | Financial | 0.05% | ₹0.17 Cr | +0.04% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:20795 | 0.00% | 2.13% | +2.13% |
| Delhivery Ltd. | 1.08% | 0.00% | -1.08% |
| Eternal Ltd. | 5.85% | 6.92% | +1.07% |
| Maruti Suzuki India Ltd. | 6.07% | 5.06% | -1.01% |
| Blue Star Ltd. | 2.22% | 1.44% | -0.78% |
| Britannia Industries Ltd. | 0.69% | 0.00% | -0.69% |
| Bharti Airtel Ltd. | 7.46% | 6.79% | -0.67% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.18% | 0.83% | +0.65% |
| Ather Energy Ltd. | 3.01% | 3.65% | +0.64% |
| Varun Beverages Ltd. | 3.86% | 3.29% | -0.57% |
| Tata Consumer Products Ltd. | 2.94% | 2.39% | -0.55% |
| One97 Communications Ltd. | 1.96% | 2.49% | +0.53% |
| company:20772 | 0.00% | 0.50% | +0.50% |
| Others | -0.64% | -0.19% | +0.45% |
| DOMS Industries Ltd. | 1.56% | 1.11% | -0.45% |
| Marico Ltd. | 2.81% | 2.45% | -0.36% |
| Zydus Wellness Ltd. | 3.00% | 2.73% | -0.27% |
| Mahindra & Mahindra Ltd. | 5.73% | 5.48% | -0.25% |
| Nippon Life India Asset Management Ltd. | 1.89% | 1.66% | -0.23% |
| Kei Industries Ltd. | 1.50% | 1.71% | +0.21% |
| Lenskart Solutions Ltd. | 1.23% | 1.44% | +0.21% |
| Trent Ltd. | 3.95% | 3.75% | -0.20% |
| Metro Brands Ltd. | 1.68% | 1.48% | -0.20% |
| LG Electronics India Ltd. | 2.89% | 2.71% | -0.18% |
| company:15443 | 0.00% | 0.18% | +0.18% |
| Honasa Consumer Ltd. | 2.62% | 2.78% | +0.16% |
| Hindustan Unilever Ltd. | 2.06% | 1.91% | -0.15% |
| Titan Company Ltd. | 3.64% | 3.78% | +0.14% |
| Meesho Ltd. | 1.09% | 1.22% | +0.13% |
| CarTrade Tech Ltd. | 1.32% | 1.44% | +0.12% |
| FSN E-Commerce Ventures Ltd. | 2.80% | 2.91% | +0.11% |
| ITC Ltd. | 1.05% | 0.95% | -0.10% |
| Berger Paints India Ltd. | 1.78% | 1.69% | -0.09% |
| Pidilite Industries Ltd. | 2.10% | 2.18% | +0.08% |
| Radico Khaitan Ltd. | 3.49% | 3.57% | +0.08% |
| Shadowfax Technologies Ltd. | 1.24% | 1.31% | +0.07% |
| CORONA Remedies Ltd. | 0.71% | 0.69% | -0.02% |
| Dixon Technologies (India) Ltd. | 0.42% | 0.44% | +0.02% |
| Dr. Lal Pathlabs Ltd. | 1.94% | 1.96% | +0.02% |
| The Phoenix Mills Ltd. | 1.89% | 1.87% | -0.02% |
| Interglobe Aviation Ltd. | 1.18% | 1.19% | +0.01% |
| ICICI Bank Ltd. | 2.43% | 2.44% | +0.01% |
| Arvind Fashions Ltd. | 1.78% | 1.78% | 0.00% |
| Greenply Industries Ltd. | 1.01% | 1.01% | 0.00% |
| Hyundai Motor India Ltd. | 0.46% | 0.46% | 0.00% |
| Prestige Estates Projects Ltd. | 0.68% | 0.68% | 0.00% |
| Reserve Bank of India | 0.05% | 0.05% | 0.00% |
| TVS Motor Company Ltd. | 1.63% | 1.63% | 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 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 months13.13% absolute | ₹60,000 | ₹67,878 | 13.13% |
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.