Sectoral / Thematic · Equity

Nippon India Consumption Fund

Nippon Life India Asset Management Limited

Benchmark

Nifty India Consumption TRI

Riskometer

Very High

Size

₹2,244 cr

Allotted

30 Sep 2004

Holdings as of

30 Sep 2026

Nippon India Consumption Fund is a sectoral / thematic fund of Nippon Life India Asset Management Limited with ₹2,244 cr under management. It is ahead of its benchmark (Nifty India Consumption TRI) in 3 of 4 periods. Its direct plan charges 0.90% a year. Kinjal Desai has managed it for 1.2 years.

Has Nippon India Consumption Fund beaten its benchmark?

Ahead of its benchmark, Nifty India Consumption TRI, in 3 of 4 periods in AMFI's figures; −8.92% over the last year against −10.03%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−4.64%	−3.60%	—
3 months	−4.16%	−5.03%	—
6 months	+0.70%	−1.83%	—
1 year	−8.64%	−4.06%	−4.58 pts
3 years	+7.80%	+9.27%	−1.47 pts
5 years	+10.14%	+8.00%	+2.14 pts
10 years	+12.45%	+12.69%	−0.24 pts
Since start from 2 Jan 2013	+12.72%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty India Consumption TRI) in 3 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	−8.92%	−10.12%	−10.03%	+1.11	🔒
3y	+7.85%	+6.42%	+9.38%	−1.53	🔒
5y	+10.26%	+8.83%	+8.86%	+1.40	🔒
10y	+12.40%	+11.24%	+12.06%	+0.34	🔒

Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 325Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹325 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Nippon India Consumption Fund cost?

0.90% a year on the direct plan, 2.19% on the regular plan; 10 of 61 funds in its category charge less.

Direct plan

0.90% a year

Category median 1.09%

Regular plan

2.19% a year

Category median 2.40%

Gap

1.29 points

for the same holdings

10 of 61 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Schemes - Thematic Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Nippon India Consumption Fund?

Kinjal Desai, since 1 Aug 2025.

Kinjal Desai

Primary

1.2 years

since 1 Aug 2025

Benchmark as filedNifty India Consumption TRI

Exit load

1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.

From 8 Scheme Summary Documents filed with NSE, first on 7 May 2026; as on 8 Oct 2026

What does Nippon India Consumption Fund hold?

47 holdings as of 30 Sep 2026; the ten largest are 48.9% of the fund, the largest Mahindra & Mahindra Limited at 9.3%.

Mix

Holdings as of 30 Sep 2026

Equity99.5%Debt0.0%Cash0.5%Other0.0%

Holdings

45 shares

Top ten

48.9%

of the fund

Effective holdings

26.1

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

Mahindra & Mahindra Limited9.28%

Eternal Limited8.04%

Hindustan Unilever Limited6.52%

Bajaj Auto Limited4.34%

TVS Motor Company Limited3.64%

Five largest industries

% of fund

Automobiles20.3%

Retailing17.7%

Consumer Durables12.3%

Diversified FMCG8.60%

Beverages8.40%

By company size

% of equity · SEBI size lists

Large Cap69.4%Mid Cap16.7%Small Cap13.9%

How does Nippon India Consumption Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Nippon India Consumption Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 81% of it differs from the index (an active fund is usually above 60%).

Active share 80.9%60%

Funds that hold much the same

% of holdings in common

Axis Consumption Fund56.8% the same

26 shared holdings

HDFC Consumption Fund55.9% the same

22 shared holdings

ICICI Prudential Bharat Consumption Fund55.5% the same

27 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Nippon India Consumption Fund?

Kinjal Desai (Primary) since 1 Aug 2025.

What is the expense ratio of Nippon India Consumption Fund?

0.90% a year on the direct plan and 2.19% on the regular plan (expense report, Oct 2026).

How has Nippon India Consumption Fund done?

Its direct plan returned +7.85% a year over 3 years against +9.38% for its benchmark, Nifty India Consumption TRI, as of 13 Oct 2026.