Consumption Mutual Funds
All 26 consumption funds, Regular Growth plans, compared on returns, risk and cost. NAV as of 7 Oct 2026.
Category average
+7.8%
3-year return, annualised
Category average
+8.8%
5-year return, annualised
Category average
16.5%
Volatility, 3 years
Category average
2.38%
Expense ratio
Against the NIFTY India Consumption Index: 8 of 11 funds with at least 5 calendar years of history returned more than the index in at least half of the years from 2017 to 2026. The 2026 figure is year to date.
Consumption funds compared
Regular plan, Growth option. Returns as of 7 Oct 2026. Click a column heading to sort.
Regular plans pay a distributor commission out of the fund, so their expense ratio is higher and their returns lower than the same fund's Direct plan.
| Returns (3Y and 5Y annualised) | Consistency | Risk | Against the index | Cost and size | |||||
|---|---|---|---|---|---|---|---|---|---|
| +1.3% | +12.1% | +11.0% | 5 of 10 | 17.2% | -21.9% | 7 of 10 | 2.12% | ₹2,901 Cr | |
| -7.9% | +7.6% | +10.0% | 3 of 7 | 15.4% | -22.3% | 3 of 7 | 2.14% | ₹3,238 Cr | |
| -7.1% | +8.3% | +9.8% | 7 of 10 | 17.2% | -24.3% | 6 of 10 | 2.05% | ₹4,742 Cr | |
| -10.0% | +7.1% | +9.5% | 5 of 10 | 16.8% | -25.5% | 6 of 10 | 2.20% | ₹2,452 Cr | |
| -13.3% | +3.3% | +9.0% | 6 of 10 | 16.8% | -27.1% | 7 of 10 | 2.14% | ₹2,827 Cr | |
| -7.0% | +8.3% | +8.8% | 6 of 10 | 16.2% | -22.8% | 5 of 10 | 2.16% | ₹1,987 Cr | |
| -9.4% | +7.1% | +8.7% | 3 of 8 | 16.0% | -24.4% | 4 of 8 | 2.65% | ₹489 Cr | |
| -9.3% | +6.3% | +8.5% | 2 of 10 | 16.8% | -24.7% | 5 of 10 | 2.55% | ₹1,516 Cr | |
| -10.1% | +7.1% | +7.6% | 3 of 8 | 16.0% | -23.1% | 4 of 8 | 2.48% | ₹1,454 Cr | |
| -10.0% | +6.6% | +7.2% | 4 of 10 | 15.8% | -22.0% | 3 of 10 | 1.95% | ₹6,085 Cr | |
| -8.8% | +7.5% | +6.4% | 2 of 10 | 17.1% | -24.0% | 3 of 10 | 2.41% | ₹733 Cr | |
| -0.4% | +13.6% | N/A | 2 of 3 | 17.4% | N/A | 2 of 3 | 2.19% | ₹1,817 Cr | |
| -9.9% | +6.9% | N/A | 1 of 3 | 16.5% | N/A | 1 of 3 | 2.39% | ₹1,022 Cr | |
| +1.3% | N/A | N/A | 1 of 2 | N/A | N/A | 1 of 2 | 3.22% | ₹190 Cr | |
| -2.7% | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 2.57% | ₹370 Cr | |
| -4.6% | N/A | N/A | 2 of 2 | N/A | N/A | 2 of 2 | 2.76% | ₹370 Cr | |
| -4.9% | N/A | N/A | 3 of 3 | 16.4% | N/A | 2 of 3 | 2.33% | ₹1,730 Cr | |
| -7.8% | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 0.57% | ₹22 Cr | |
| -8.4% | N/A | N/A | 1 of 2 | N/A | N/A | 1 of 2 | 2.89% | ₹611 Cr | |
| -8.7% | N/A | N/A | 0 of 1 | N/A | N/A | 0 of 1 | 2.54% | ₹493 Cr | |
| -10.3% | N/A | N/A | 0 of 2 | N/A | N/A | 0 of 2 | 2.14% | ₹2,616 Cr | |
| N/A | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 2.64% | ₹599 Cr | |
| N/A | N/A | N/A | 0 of 1 | N/A | N/A | 0 of 1 | 2.69% | ₹461 Cr | |
| N/A | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 2.46% | ₹1,185 Cr | |
| N/A | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 2.79% | ₹336 Cr | |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.77% | ₹140 Cr | |
Ordered by 5-year annualised return, highest first; funds younger than 5 years follow by 3-year, then 1-year return. Click a heading to sort by another figure. Top half, by year shows the fund's quartile in the category each calendar year from 2017 to 2026(green top quarter, grey second, amber third, red bottom; an outline means too young to rank) and how many of those years it finished in the top half. Years ahead of index counts the calendar years from 2017 to 2026 in which the fund returned more than the NIFTY India Consumption Index. Returns over 3 years and longer are compounded annual returns. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. N/A means the fund is too young for that period.
What a consumption fund is
Consumption funds put at least 80% of their assets in companies that sell to consumers, such as retail, consumer goods and autos.
Source: SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.
Investing from the UAE
NRIs living in the UAE can generally invest once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept residents of the United States or Canada, or accept them only offline. The UAE does not levy personal income tax, and the India UAE tax treaty may affect how gains are treated, so confirm your own position with a tax adviser.
Questions
How are these consumption funds ordered?
By 5-year annualised return, highest first. Funds younger than 5 years follow, ordered by 3-year return and then 1-year return. Every figure is worked out from each fund's own Direct Growth NAV, the same way for every fund. We do not label any fund as the best.
Can NRIs living in the UAE invest in consumption funds?
Generally yes, once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept investments from residents of the United States or Canada, or accept them only offline, so check the fund house's current policy if that applies to you.
How are gains taxed for NRIs?
For equity funds, India taxes gains on units held for 12 months or less at 20%, and gains on units held longer at 12.5% on the amount above ₹1.25 lakh in a financial year, plus cess and any surcharge. For NRIs the fund house deducts this tax when you redeem. The outcome depends on your tax residence and facts, so confirm your position with a tax adviser.
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