Nippon India Consumption Fund

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

The Nippon India Consumption Fund is a 21 yrs 1 m old fund and has delivered average annual returns of 15.43% since inception. Nippon India Consumption Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.21% 16.34% 24.09% 14.31% 15.43%

Q: How much does this mutual fund charge as expense ratio?

The Nippon India Consumption Fund has an expense ratio of 1.94% , 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.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹205.7631-0.08% 1 day change	15.43% p.a.	App exclusive #NA View Ranked Funds	₹2,802 Cr

Historical NAV & returns

NAV: ₹205.7631 as on Oct 20, 2025

This fund Category average

Nippon India Consumption Fund overview

AUM (Fund size)	₹2,802 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 month.!
Lock-in Period	Nil
Age	21 yrs 1 m since Sep 16, 2004
Benchmark	NIFTY India Consumption TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.94% 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%

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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.86%	1.7%
3 Months	3.75%	4.48%
6 Months	6.48%	9.1%
1 Year	4.21%	3.38%
2 Years	18.54%	18.82%
3 Years	16.34%	16.52%
4 Years	15.99%	14.53%
5 Years	24.09%	21.34%
7 Years	19.97%	17.34%
10 Years	14.31%	14.7%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 73.19%

Mid Cap 14.47%

Small Cap 9.2%

Other Cap 0%

Top holdings

Mahindra & Mahindra Ltd.9.28%

ITC Ltd.7.29%

Maruti Suzuki India Ltd.6.95%

Hindustan Unilever Ltd.6.56%

Top sectors

Consumer Staples 30.58%

Services 24.47%

Automobile 23.240000000000002%

Communication 5.8%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.02%

Allocation by Instruments

Repo 3.35%

Margin Money 0.02%

Other Holdings

Others 3.35%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
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
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
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

Alpha	-0.84 vs. 3.83 Underperformed at beating benchmark
Sharpe	0.66 vs. 2.04 Poor risk-adjusted returns
Beta	0.77 vs. 0.45 More sensitive to market's ups & downs
Standard deviation	13.43 vs. 7.43 More volatile performance

Compare Nippon India Consumption Fund in detail with

About this fund

About Nippon India Consumption Fund

Nippon India Consumption Fund is a Thematic-Consumption mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 21 yrs 1 m, having been launched on 16/09/2004. Nippon India Consumption Fund has ₹2,802 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 Nippon India Consumption Fund as of 20/10/2025 is ₹205.76. The fund has an expense ratio of 1.94%, which is higher than what most other Thematic-consumption funds charge.

Nippon India Consumption Fund returns of last 1-year are -0.28%. Since launch, it has delivered 15.44% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Nippon India Consumption Fund 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 average.
The fund has the majority of its money invested in Consumer Staples, Services, Automobile, Communication, Materials sectors. It has taken less exposure in Consumer Staples, Services 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., Hindustan Unilever Ltd., Bharti Airtel Ltd..

...

Fund AUM	2,802 Cr as on Sep 30, 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	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	66,136 Cr	0.27%	32.7%
Nippon India Power & Infra Fund	N.A.	7,325 Cr	2.92%	32.06%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	5.84%	30.37%
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	6.4%	29.58%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,563 Cr	0.61%	26.71%
Nippon India Value Fund	N.A.	8,791 Cr	5.43%	26.07%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Consumption Fund?

The current Net Asset Value (NAV) of the Nippon India Consumption Fund plan is approximately ₹205.7631 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Consumption Fund is a 21 yrs 1 m old fund and has delivered average annual returns of 15.43% since inception.

Nippon India Consumption Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.21%	16.34%	24.09%	14.31%	15.43%

How much does this mutual fund charge as expense ratio?

The Nippon India Consumption Fund has an expense ratio of 1.94%, 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 2,802 Cr as on Sep 30, 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.	9.28%
ITC Ltd.	7.29%
Maruti Suzuki India Ltd.	6.95%
Hindustan Unilever Ltd.	6.56%
Bharti Airtel Ltd.	5.8%
Avenue Supermarts Ltd.	4.23%
Eternal Ltd.	4.22%
Interglobe Aviation Ltd.	3.36%
Eicher Motors Ltd.	3.25%
Asian Paints Ltd.	3.12%

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	30.58%
Services	24.47%
Automobile	23.240000000000002%
Communication	5.8%
Materials	5.13%
Consumer Discretionary	3.51%
Capital Goods	2.63%
Textiles	1.5%

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 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.
Return Outperformance: This fund has generated highest return amongst Thematic-Consumption funds in the last 10 Years.
Chance: This fund has generated a 10.63% 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.