Nippon India Consumption Fund Direct-Growth

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

The Nippon India Consumption Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.46% since inception. Nippon India Consumption Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception -4.84% 15.25% 17.01% 14.3% 13.46%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹207.3648-0.73% 1 day change	13.46% p.a.	App exclusive #NA View Ranked Funds	₹2,761 Cr

Historical NAV & returns

NAV: ₹207.3648 as on Feb 02, 2026

This fund Category average

Nippon India Consumption Fund overview

Expense ratio	0.6% as on Feb 02, 2026
Exit load	1.0% Exit load of 1% if redeemed within 1 month.!
AUM (Fund size)	₹2,761 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NIFTY India Consumption TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
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%

Nippon India Consumption 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 Feb 03, 2026

Period	This fund	Category average
1 Month	-7.67%	-7.19%
3 Months	-9.59%	-9.03%
6 Months	-7.16%	-5.33%
1 Year	-4.84%	-3.17%
2 Years	7.04%	7.13%
3 Years	15.25%	14.91%
4 Years	13.99%	11.72%
5 Years	17.01%	13.84%
7 Years	17.91%	14.48%
10 Years	14.3%	14.89%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 72.1%

Mid Cap 15.39%

Small Cap 10.38%

Other Cap 0%

Top holdings

Mahindra & Mahindra Ltd.9.17%

ITC Ltd.7.43%

Maruti Suzuki India Ltd.7.34%

Bharti Airtel Ltd.6.6%

Top sectors

Consumer Staples 31.05%

Automobile 23.55%

Services 23.07%

Communication 6.6%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.01%

Allocation by Instruments

Repo 2.04%

Net Current Assets 0.08%

Margin Money 0.01%

Other Holdings

Others 0.08%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Consumption Fund	-7.67%	-7.16%	-4.84%	15.25%	17.01%	14.3%
ICICI Prudential Bharat Consumption Fund	-6.98%	-4.63%	-2.61%	15.65%	15.07%	9.91%
Mirae Asset Great Consumer Fund	-7.54%	-5.39%	-1.61%	16.27%	16.33%	17.88%
Tata India Consumer Fund	-5.8%	-4.92%	-1.39%	18.66%	16.22%	17.66%
Baroda BNP Paribas India Consumption Fund	-7.56%	-4.39%	-4.6%	15.83%	14.76%	12.72%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Consumption Fund	14.03	0.8	0.66	0.8
ICICI Prudential Bharat Consumption Fund	12.95	0.74	0.74	0.92
Mirae Asset Great Consumer Fund	15.17	0.89	0.69	0.87
Tata India Consumer Fund	14.27	0.81	0.89	1.07
Baroda BNP Paribas India Consumption Fund	13.74	0.8	0.75	0.92

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Consumption Fund	N.A.	2,761 Cr	13 yrs 1 m	0.6%
ICICI Prudential Bharat Consumption Fund	N.A.	3,232 Cr	6 yrs 10 m	1.11%
Mirae Asset Great Consumer Fund	N.A.	4,754 Cr	13 yrs 1 m	0.43%
Tata India Consumer Fund	N.A.	2,671 Cr	10 yrs 1 m	0.76%
Baroda BNP Paribas India Consumption Fund	N.A.	1,546 Cr	7 yrs 5 m	0.64%

View all Thematic-consumption funds

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

Alpha	-0.59 vs. 2.1 Underperformed at beating benchmark
Sharpe	0.66 vs. 3.38 Poor risk-adjusted returns
Beta	0.8 vs. 0.37 More sensitive to market's ups & downs
Standard deviation	14.03 vs. 6.39 More volatile performance

About this fund

About Nippon India Consumption Fund

Nippon India Consumption Fund Direct-Growth is a Thematic-Consumption mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. Nippon India Consumption Fund Direct-Growth has ₹2,761 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Consumption Fund Direct-Growth as of 02/02/2026 is ₹207.36. The fund has an expense ratio of 0.6%, which is less than what most other Thematic-consumption funds charge.

Nippon India Consumption Fund Direct-Growth returns of last 1-year are -1.42%. Since launch, it has delivered 13.46% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Nippon India Consumption Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Consumer Staples, Automobile, Services, Communication, Consumer Discretionary sectors. It has taken less exposure in Consumer Staples, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in Mahindra & Mahindra Ltd., ITC Ltd., Maruti Suzuki India Ltd., Bharti Airtel Ltd., Hindustan Unilever Ltd..

...

Fund AUM	2,761 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

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.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	7,11,598 Cr as on Dec 31, 2025
Address	30th Floor, One Lodha Place Senapati Bapat Marg, Lower Parel Mumbai Mumbai, 400013
Phone	+91 022 6808 7000

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	68,287 Cr	1.4%	25.53%
Nippon India Power & Infra Fund	N.A.	7,117 Cr	7.56%	24.46%
Nippon India Growth Mid Cap Fund	N.A.	42,124 Cr	10.98%	23.3%
Nippon India Multi Cap Fund	N.A.	50,352 Cr	7.1%	23.11%
Nippon India Value Fund	N.A.	9,153 Cr	8.17%	19.85%
Nippon India Nifty Midcap 150 Index Fund	N.A.	2,153 Cr	8.75%	N.A.

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Consumption Fund Direct-Growth?

The current Net Asset Value (NAV) of the Nippon India Consumption Fund - Direct Growth plan is approximately ₹207.3648 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Nippon India Consumption Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 13.46% since inception.

Nippon India Consumption Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
-4.84%	15.25%	17.01%	14.3%	13.46%

How much does this mutual fund charge as expense ratio?

The Nippon India Consumption Fund - Direct Growth has an expense ratio of 0.6%, 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 Nippon India Consumption Fund currently has assets under management (AUM) or fund size valued at approximately 2,761 Cr as on Dec 31, 2025.

What are the top stock holdings of Nippon India Consumption Fund?

The Nippon India Consumption Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Mahindra & Mahindra Ltd.	9.17%
ITC Ltd.	7.43%
Maruti Suzuki India Ltd.	7.34%
Bharti Airtel Ltd.	6.6%
Hindustan Unilever Ltd.	5.78%
Eternal Ltd.	3.65%
FSN E-Commerce Ventures Ltd.	3.37%
Asian Paints Ltd.	3.23%
Varun Beverages Ltd.	3.21%
Trent Ltd.	3.2%

What are the top sectors Nippon India Consumption Fund has invested in?

The Nippon India Consumption Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Consumer Staples	31.05%
Automobile	23.55%
Services	23.07%
Communication	6.6%
Consumer Discretionary	5.920000000000001%
Materials	5.220000000000001%
Textiles	1.35%
Capital Goods	0.96%

What is risk level of Nippon India Consumption 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 do I invest in Nippon India Consumption Fund Direct-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Consumption Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Nippon India Consumption Fund is complete.

How can I redeem my investments in Nippon India Consumption Fund?

Redeeming your investments in the Nippon India Consumption 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 Consistency: This fund is one of the best in generating consistent return in it's category.
Chance: This fund has generated a 11.76% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 month.