Best Consumption Funds
Rising-India demand across discretionary and staples.
Data updated · 25 direct-growth funds ranked by a transparent 0–100 Smart Score
| ⚖ VS | Fund | Score ↓ | Verdict | 1Y | 3Y | 5Y | Sharpe | Sortino | Std Dev | Alpha | Beta | VR★ | P/E | Expense | AUM | Age |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tata India Consumer Tata | 81 | Strong Buy | 2.5% | 14.4% | 13.4% | 0.67 | 0.79 | 17.0 | 2.7 | 0.93 | 5★ | 52.7 | 0.92% | ₹2.9k Cr | 10.7y | |
| Kotak Consumption Kotak | 81 | Strong Buy | -3.8% | — | — | 0.53 | 0.75 | 14.0 | 3.1 | 0.81 | — | 37.4 | 0.88% | ₹1.7k Cr | 2.8y | |
| HSBC Consumption HSBC | 80 | Strong Buy | 1.7% | 16.8% | — | 0.72 | 0.97 | 17.2 | 3.9 | 0.91 | 5★ | 52.2 | 0.86% | ₹1.8k Cr | 3.1y | |
| ITI Bharat Consumption ITI | 71 | Buy | 0.6% | — | — | 0.48 | 0.67 | 13.5 | 2.9 | 0.90 | — | — | 0.96% | ₹370 Cr | 1.6y | |
| Mirae Asset Great Consumer Mirae Asset | 70 | Buy | -5.7% | 10.6% | 12.3% | 0.47 | 0.43 | 17.0 | -1.3 | 0.99 | 5★ | 47.2 | 0.66% | ₹4.7k Cr | 13.7y | |
| Canara Robeco Consumption Canara Robeco | 62 | Buy | -4.8% | 10.6% | 11.1% | 0.48 | 0.40 | 16.1 | 0.9 | 1.04 | — | 35.1 | 0.93% | ₹2.0k Cr | 13.7y | |
| ICICI Pru Bharat Consumption ICICI Pru | 61 | Hold | -6.5% | 9.5% | 12.8% | 0.46 | 0.81 | 15.2 | -1.3 | 0.89 | 4★ | 39.8 | 1.32% | ₹3.2k Cr | 7.5y | |
| HDFC Consumption HDFC | 56 | Hold | -8.3% | 10.4% | — | 0.48 | 0.41 | 16.3 | -0.8 | 0.91 | — | 39.6 | 1.28% | ₹1.0k Cr | 3.2y | |
| Edelweiss Consumption Edelweiss | 49 | Hold | -5.5% | — | — | 0.05 | 0.07 | 13.4 | -2.0 | 0.88 | — | 45.5 | 0.94% | ₹493 Cr | 1.6y | |
| Nippon India Consumption Nippon India | 48 | Hold | -8.2% | 9.3% | 12.2% | 0.41 | 0.31 | 16.4 | -2.4 | 0.97 | 3★ | 46.1 | 0.91% | ₹2.5k Cr | 13.7y | |
| Mahindra Manulife Consumption Mahindra Manulife | 47 | Hold | -7.0% | 10.0% | 11.1% | 0.45 | 0.36 | 15.8 | -1.4 | 0.91 | 4★ | 37.3 | 1.09% | ₹489 Cr | 7.9y | |
| Axis Consumption Axis | 45 | Hold | -7.4% | — | — | -0.74 | -0.98 | 13.8 | -4.8 | 0.88 | — | 43.7 | 0.86% | ₹2.6k Cr | 2.0y | |
| Baroda BNP Paribas India Consumption Baroda BNP Paribas | 44 | Avoid | -8.0% | 9.6% | 10.3% | 0.46 | 0.34 | 15.7 | -1.3 | 0.91 | 4★ | 36.7 | 1.06% | ₹1.5k Cr | 8.0y | |
| Invesco India Consumption Invesco | 40 | Avoid | — | — | — | — | — | — | — | — | — | 59.8 | 1.12% | ₹599 Cr | 1.0y | |
| UTI India Consumer UTI | 37 | Avoid | -5.5% | 9.8% | 8.5% | 0.47 | 0.35 | 16.6 | -1.3 | 0.98 | 2★ | 43.2 | 1.59% | ₹733 Cr | 13.7y | |
| Sundaram Consumption Sundaram | 35 | Avoid | -6.1% | 9.3% | 11.3% | 0.40 | 0.30 | 16.5 | -2.3 | 0.95 | 3★ | 46.5 | 1.69% | ₹1.5k Cr | 13.7y | |
| ABSL Consumption Aditya Birla Sun Life | 34 | Avoid | -8.5% | 8.2% | 9.3% | 0.38 | 0.19 | 15.6 | -2.6 | 0.91 | — | — | 0.94% | ₹6.1k Cr | 13.7y | |
| SBI Consumption Opportunities SBI | 31 | Avoid | -12.8% | 5.3% | 11.9% | 0.17 | -0.12 | 16.7 | -6.1 | 0.95 | 3★ | 44.5 | 1.17% | ₹2.8k Cr | 13.7y | |
| Bajaj Finserv Consumption Bajaj Finserv | 31 | Avoid | -6.5% | — | — | -0.68 | -0.92 | 14.2 | -5.3 | 0.88 | — | 46.5 | 1.23% | ₹611 Cr | 1.8y | |
| Motilal Oswal Consumption Motilal Oswal | 29 | Avoid | -9.6% | — | — | -0.63 | -0.83 | 16.8 | -6.6 | 1.05 | — | 55.0 | 0.84% | ₹1.2k Cr | 1.0y | |
| BOI Consumption BOI Consumption | 29 | Avoid | -2.1% | — | — | — | — | — | — | — | — | — | 1.56% | ₹370 Cr | 1.8y | |
| LIC MF Consumption LIC | 28 | Avoid | — | — | — | — | — | — | — | — | — | 41.1 | 1.18% | ₹461 Cr | 0.9y | |
| Quant Consumption Quant | 28 | Avoid | 2.5% | — | — | -0.28 | -0.40 | 14.7 | -5.8 | 0.81 | — | 32.4 | 1.72% | ₹191 Cr | 2.7y | |
| WhiteOak Capital Consumption Opportunities WhiteOak | 23 | Avoid | — | — | — | — | — | — | — | — | — | 47.3 | 1.13% | ₹140 Cr | 0.7y | |
| Union Consumption Union | 14 | Avoid | — | — | — | — | — | — | — | — | — | 50.8 | 1.49% | ₹336 Cr | 0.8y |
Consumption funds — quick answers
›Which is the best Consumption mutual fund right now?
Tata India Consumer currently ranks #1 of 25 Consumption funds with a FundLens Smart Score of 81/100 (Strong Buy). It returned 14.4% over 3 years and 13.4% over 5 years at a 0.92% expense ratio (direct plan). Rankings are recomputed from data updated 20 Sept 2026.
›Which Consumption fund has the best risk-adjusted returns?
HSBC Consumption leads the category on the Sortino ratio at 0.97 (Sharpe 0.72) — meaning it has delivered the most return per unit of downside risk among Consumption funds.
›Which Consumption fund has the lowest expense ratio?
Mirae Asset Great Consumer charges 0.66% a year (direct plan) — the lowest in the category. Lower fees compound in your favour over long holding periods.
›Which is the smallest Consumption fund by AUM?
WhiteOak Capital Consumption Opportunities manages ₹140 Cr, the smallest in the category. Smaller funds can be nimbler, but check track record and costs before treating size alone as an edge.
›How long should I stay invested in a Consumption fund?
Consumption funds carry very high risk, so a horizon of 7+ years is generally sensible. Rising-India demand across discretionary and staples. This is research, not investment advice.
Want these answers conversationally? Ask FundLens · New to the ratios? Sharpe vs Sortino, explained