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 | 82 | Strong Buy | 0.4% | 13.0% | 11.5% | 0.51 | 0.65 | 17.5 | 2.8 | 0.93 | 5★ | 47.9 | 0.92% | ₹2.7k Cr | 10.8y | |
| Kotak Consumption Kotak | 82 | Strong Buy | -6.3% | — | — | 0.43 | 0.60 | 14.1 | 2.7 | 0.82 | — | 35.8 | 0.87% | ₹1.7k Cr | 2.9y | |
| HSBC Consumption HSBC | 80 | Strong Buy | -2.1% | 14.2% | — | 0.59 | 0.70 | 17.7 | 4.3 | 0.91 | 5★ | 50.1 | 0.88% | ₹1.7k Cr | 3.1y | |
| Mirae Asset Great Consumer Mirae Asset | 73 | Buy | -7.3% | 9.2% | 10.8% | 0.33 | 0.27 | 17.5 | -0.9 | 0.99 | 5★ | 45.1 | 0.67% | ₹4.5k Cr | 13.8y | |
| Canara Robeco Consumption Canara Robeco | 67 | Buy | -6.7% | 9.5% | 9.5% | 0.32 | 0.30 | 16.5 | 1.3 | 1.04 | 4★ | 31.9 | 0.96% | ₹1.9k Cr | 13.8y | |
| ITI Bharat Consumption ITI | 65 | Buy | -2.2% | — | — | 0.26 | 0.36 | 13.6 | 1.9 | 0.91 | — | — | 0.96% | ₹350 Cr | 1.6y | |
| ICICI Pru Bharat Consumption ICICI Pru | 59 | Hold | -8.0% | 8.1% | 10.5% | 0.26 | 0.81 | 15.6 | -1.9 | 0.90 | 4★ | 35.6 | 1.31% | ₹3.0k Cr | 7.5y | |
| Mahindra Manulife Consumption Mahindra Manulife | 57 | Hold | -9.0% | 8.4% | 9.8% | 0.29 | 0.19 | 16.2 | -1.4 | 0.91 | 4★ | 34.2 | 1.09% | ₹453 Cr | 7.9y | |
| Nippon India Consumption Nippon India | 49 | Hold | -9.8% | 8.0% | 10.3% | 0.26 | 0.16 | 17.0 | -2.0 | 0.97 | 4★ | 42.1 | 0.90% | ₹2.3k Cr | 13.8y | |
| Baroda BNP Paribas India Consumption Baroda BNP Paribas | 48 | Hold | -9.3% | 8.4% | 8.6% | 0.28 | 0.20 | 16.2 | -1.6 | 0.92 | 4★ | 38.8 | 1.00% | ₹1.4k Cr | 8.1y | |
| HDFC Consumption HDFC | 47 | Hold | -10.1% | 8.3% | — | 0.29 | 0.18 | 16.7 | -1.2 | 0.91 | 3★ | 35.8 | 1.40% | ₹954 Cr | 3.3y | |
| Edelweiss Consumption Edelweiss | 47 | Hold | -8.5% | — | — | -0.15 | -0.20 | 13.6 | -2.8 | 0.89 | — | 41.8 | 0.95% | ₹459 Cr | 1.7y | |
| Axis Consumption Axis | 42 | Avoid | -10.3% | — | — | -0.84 | -1.11 | 13.9 | -5.2 | 0.88 | — | 40.4 | 0.89% | ₹2.4k Cr | 2.1y | |
| Invesco India Consumption Invesco | 38 | Avoid | — | — | — | — | — | — | — | — | — | 58.7 | 1.19% | ₹590 Cr | 1.0y | |
| ABSL Consumption Aditya Birla Sun Life | 36 | Avoid | -10.1% | 7.3% | 7.7% | 0.21 | 0.09 | 16.0 | -2.7 | 0.91 | — | — | 0.98% | ₹5.7k Cr | 13.8y | |
| UTI India Consumer UTI | 35 | Avoid | -8.6% | 8.4% | 6.8% | 0.27 | 0.19 | 17.4 | -1.9 | 0.99 | 2★ | 39.0 | 1.70% | ₹678 Cr | 13.8y | |
| Bajaj Finserv Consumption Bajaj Finserv | 33 | Avoid | -7.3% | — | — | -0.75 | -1.01 | 14.3 | -5.1 | 0.88 | — | 42.5 | 1.24% | ₹565 Cr | 1.9y | |
| Motilal Oswal Consumption Motilal Oswal | 32 | Avoid | -12.2% | — | — | -0.72 | -0.95 | 16.9 | -6.6 | 1.05 | — | 52.4 | 0.85% | ₹1.2k Cr | 1.0y | |
| BOI Consumption BOI Consumption | 29 | Avoid | -3.4% | — | — | — | — | — | — | — | — | — | 1.52% | ₹346 Cr | 1.8y | |
| Sundaram Consumption Sundaram | 28 | Avoid | -10.4% | 6.7% | 9.1% | 0.24 | 0.02 | 17.1 | -2.3 | 0.95 | 3★ | 37.8 | 1.67% | ₹1.4k Cr | 13.8y | |
| SBI Consumption Opportunities SBI | 28 | Avoid | -13.7% | 3.8% | 9.3% | 0.03 | -0.28 | 17.1 | -5.7 | 0.94 | 3★ | 43.2 | 1.15% | ₹2.6k Cr | 13.8y | |
| LIC MF Consumption LIC | 28 | Avoid | — | — | — | — | — | — | — | — | — | 40.3 | 1.21% | ₹424 Cr | 1.0y | |
| Quant Consumption Quant | 28 | Avoid | 0.1% | — | — | -0.40 | -0.55 | 14.7 | -6.5 | 0.81 | — | 30.3 | 1.73% | ₹181 Cr | 2.7y | |
| WhiteOak Capital Consumption Opportunities WhiteOak | 25 | Avoid | — | — | — | — | — | — | — | — | — | 44.4 | 1.10% | ₹135 Cr | 0.7y | |
| Union Consumption Union | 14 | Avoid | — | — | — | — | — | — | — | — | — | 47.3 | 1.41% | ₹314 Cr | 0.9y |
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 82/100 (Strong Buy). It returned 13.0% over 3 years and 11.5% over 5 years at a 0.92% expense ratio (direct plan). Rankings are recomputed from data updated 18 Oct 2026.
›Which Consumption fund has the best risk-adjusted returns?
ICICI Pru Bharat Consumption leads the category on the Sortino ratio at 0.81 (Sharpe 0.26) — 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 0.67% 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 ₹135 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