HDFC Non-Cyclical Consumer Fund

Q: What are the returns of this mutual fund scheme?

The HDFC Non-Cyclical Consumer Fund is a 2 yrs 4 m old fund and has delivered average annual returns of 18.56% since inception. HDFC Non-Cyclical Consumer Fund Returns 1-Year Since Inception 3.43% 18.56%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.789-0.26% 1 day change	18.56% p.a.	App exclusive #NA View Ranked Funds	₹1,059 Cr

Historical NAV & returns

NAV: ₹14.789 as on Oct 20, 2025

This fund Category average

HDFC Non-Cyclical Consumer Fund overview

AUM (Fund size)	₹1,059 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	2 yrs 4 m since Jun 23, 2023
Benchmark	NIFTY India Consumption TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.25% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Non-Cyclical Consumer Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	0.81%	1.7%
3 Months	3.5%	4.48%
6 Months	8.54%	9.1%
1 Year	3.43%	3.38%
2 Years	19.46%	18.82%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 60.56%

Mid Cap 15.36%

Small Cap 20.07%

Other Cap 0%

Top holdings

Eternal Ltd.10.2%

Hindustan Unilever Ltd.8.9%

Vishal Mega Mart Ltd.7.38%

United Spirits Ltd.5.18%

Top sectors

Services 38.129999999999995%

Consumer Staples 32.72%

Consumer Discretionary 7.58%

Automobile 6.279999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 4.7%

Other Holdings

Others 4.7%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Non-Cyclical Consumer Fund	0.81%	8.54%	3.43%	N.A.	N.A.	N.A.
Nippon India Consumption Fund	0.86%	6.48%	4.21%	16.34%	24.09%	14.31%
ICICI Prudential Bharat Consumption Fund	1.5%	10.31%	4.48%	17.79%	21.63%	10.15%
Tata India Consumer Fund	2.26%	9.71%	3.97%	18.63%	20.98%	16.51%
Baroda BNP Paribas India Consumption Fund	1.01%	7.16%	3.42%	16.4%	20.29%	12.55%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Non-Cyclical Consumer Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Consumption Fund	13.43	0.77	0.66	0.83
ICICI Prudential Bharat Consumption Fund	12.37	0.71	0.81	1.01
Tata India Consumer Fund	14.06	0.81	0.71	0.9
Baroda BNP Paribas India Consumption Fund	13.35	0.79	0.67	0.87

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Non-Cyclical Consumer Fund	N.A.	1,059 Cr	2 yrs 4 m	2.25%
Nippon India Consumption Fund	N.A.	2,802 Cr	21 yrs 1 m	1.94%
ICICI Prudential Bharat Consumption Fund	N.A.	3,183 Cr	6 yrs 7 m	2.0%
Tata India Consumer Fund	N.A.	2,531 Cr	9 yrs 10 m	1.98%
Baroda BNP Paribas India Consumption Fund	N.A.	1,530 Cr	7 yrs 2 m	2.08%

View all Thematic-consumption funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare HDFC Non-Cyclical Consumer Fund in detail with

About this fund

About HDFC Non-Cyclical Consumer Fund

HDFC Non-Cyclical Consumer Fund is a Thematic-Consumption mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 2 yrs 4 m, having been launched on 23/06/2023. HDFC Non-Cyclical Consumer Fund has ₹1,059 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Non-Cyclical Consumer Fund as of 20/10/2025 is ₹14.79. The fund has an expense ratio of 2.25%, which is higher than what most other Thematic-consumption funds charge.

HDFC Non-Cyclical Consumer Fund returns of last 1-year are -0.56%. Since launch, it has delivered 18.75% average annual returns.
The fund has the majority of its money invested in Services, Consumer Staples, Consumer Discretionary, Automobile, Healthcare sectors. It has taken less exposure in Services, Consumer Staples sectors compared to other funds in the category.
The fund's top 5 holdings are in Eternal Ltd., Hindustan Unilever Ltd., Vishal Mega Mart Ltd., United Spirits Ltd., Chalet Hotels Ltd..

...

Fund AUM	1,059 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Amit Sinha

Mr. Sinha has done B.Tech (IIT Roorkee) and PGDBM (XLRI, Jamshedpur) Prior to joining HDFC Mutual Fund, he has worked Macquarie Capital Securities (India) Pvt. Ltd.

Investment objective

The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-cyclical consumer theme.

HDFC Mutual Fund details

No. of schemes	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,522 Cr	4.74%	34.78%
HDFC Small Cap Fund	N.A.	36,828 Cr	6.78%	30.13%
HDFC Mid Cap Fund	N.A.	84,855 Cr	9.09%	29.92%
HDFC Focused Fund	N.A.	23,533 Cr	10.83%	29.28%
HDFC Flexi Cap Fund	N.A.	85,560 Cr	10.8%	29.18%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	6.65%	26.59%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Non-Cyclical Consumer Fund?

The current Net Asset Value (NAV) of the HDFC Non-Cyclical Consumer Fund plan is approximately ₹14.789 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HDFC Non-Cyclical Consumer Fund is a 2 yrs 4 m old fund and has delivered average annual returns of 18.56% since inception.

HDFC Non-Cyclical Consumer Fund Returns

1-Year	Since Inception
3.43%	18.56%

How much does this mutual fund charge as expense ratio?

The HDFC Non-Cyclical Consumer Fund has an expense ratio of 2.25%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HDFC Non-Cyclical Consumer Fund currently has assets under management (AUM) or fund size valued at approximately 1,059 Cr as on Sep 30, 2025.

What are the top stock holdings of HDFC Non-Cyclical Consumer Fund?

The HDFC Non-Cyclical Consumer Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Eternal Ltd.	10.2%
Hindustan Unilever Ltd.	8.9%
Vishal Mega Mart Ltd.	7.38%
United Spirits Ltd.	5.18%
Chalet Hotels Ltd.	5.08%
Godrej Consumer Products Ltd.	4.57%
Varun Beverages Ltd.	3.5%
Titan Company Ltd.	3.4%
Bharti Airtel Ltd.	3.18%
Hyundai Motor India Ltd.	3.13%

What are the top sectors HDFC Non-Cyclical Consumer Fund has invested in?

The HDFC Non-Cyclical Consumer Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Services	38.129999999999995%
Consumer Staples	32.72%
Consumer Discretionary	7.58%
Automobile	6.279999999999999%
Healthcare	3.7399999999999998%
Materials	3.25%
Communication	3.18%
Chemicals	1.11%

What is risk level of HDFC Non-Cyclical Consumer Fund?

This is a Thematic-consumption fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HDFC Non-Cyclical Consumer Fund?

Redeeming your investments in the HDFC Non-Cyclical Consumer Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Thematic-Consumption

#NA

Return Outperformance: This fund has generated highest return amongst Thematic-Consumption funds in the last 2 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 30 days.