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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HSBC Consumption HSBC | 85 | Strong Buy | 4.3% | — | — | 0.71 | 1.00 | 14.9 | 4.9 | 0.91 | — | 52.6 | 0.86% | ₹1.8k Cr | 3.0y | |
| Tata India Consumer Tata | 83 | Strong Buy | 6.0% | 15.6% | 14.4% | 0.63 | 0.94 | 16.9 | 2.3 | 0.94 | 5★ | 52.9 | 0.93% | ₹2.8k Cr | 10.7y | |
| Kotak Consumption Kotak | 78 | Strong Buy | -1.0% | — | — | 0.56 | 0.80 | 14.0 | 2.9 | 0.81 | — | 38.3 | 0.94% | ₹1.7k Cr | 2.8y | |
| Mirae Asset Great Consumer Mirae Asset | 69 | Buy | -2.0% | 11.7% | 13.1% | 0.46 | 0.55 | 17.1 | -1.1 | 1.01 | 5★ | 48.0 | 0.65% | ₹4.7k Cr | 13.7y | |
| ITI Bharat Consumption ITI | 69 | Buy | 2.8% | — | — | 0.50 | 0.71 | 13.6 | 1.8 | 0.90 | — | — | 0.99% | ₹370 Cr | 1.5y | |
| ICICI Pru Bharat Consumption ICICI Pru | 65 | Buy | -2.7% | 11.0% | 13.8% | 0.52 | 0.81 | 15.4 | -0.0 | 0.91 | 4★ | 40.4 | 1.32% | ₹3.3k Cr | 7.4y | |
| HDFC Consumption HDFC | 64 | Buy | -5.9% | 11.9% | — | 0.41 | 0.57 | 13.5 | 0.7 | 0.77 | — | 40.9 | 1.29% | ₹1.0k Cr | 3.1y | |
| Canara Robeco Consumption Canara Robeco | 55 | Hold | -1.9% | 11.5% | 11.7% | 0.46 | 0.51 | 16.1 | 0.4 | 1.03 | — | 36.7 | 0.95% | ₹2.0k Cr | 13.6y | |
| Nippon India Consumption Nippon India | 52 | Hold | -4.3% | 10.4% | 13.0% | 0.43 | 0.43 | 16.3 | -1.4 | 0.96 | 4★ | 48.2 | 0.86% | ₹2.5k Cr | 13.7y | |
| Edelweiss Consumption Edelweiss | 50 | Hold | -1.2% | — | — | 0.16 | 0.22 | 13.4 | -1.8 | 0.88 | — | 45.3 | 0.93% | ₹497 Cr | 1.5y | |
| MahIndra Manulife Consumption Mahindra Manulife | 48 | Hold | -3.7% | 11.2% | 11.8% | 0.42 | 0.48 | 15.8 | -1.4 | 0.92 | 3★ | 33.4 | 1.09% | ₹502 Cr | 7.8y | |
| Baroda BNP Paribas India Consumption Baroda BNP Paribas | 46 | Hold | -4.0% | 11.1% | 11.2% | 0.44 | 0.52 | 15.6 | -1.3 | 0.92 | 3★ | 30.1 | 1.10% | ₹1.5k Cr | 8.0y | |
| Axis Consumption Axis | 43 | Avoid | -3.9% | — | — | -0.68 | -0.91 | 13.9 | -4.9 | 0.87 | — | 46.3 | 0.85% | ₹2.8k Cr | 2.0y | |
| UTI India Consumer UTI | 37 | Avoid | -1.3% | 11.6% | 9.5% | 0.39 | 0.54 | 16.5 | -2.3 | 0.98 | 2★ | 44.4 | 1.61% | ₹735 Cr | 13.7y | |
| ABSL Consumption Aditya Birla Sun Life | 34 | Avoid | -4.8% | 9.8% | 10.1% | 0.38 | 0.37 | 15.7 | -2.1 | 0.92 | — | — | 0.94% | ₹6.2k Cr | 13.7y | |
| Invesco India Consumption Invesco | 34 | Avoid | — | — | — | — | — | — | — | — | — | 57.8 | 1.20% | ₹586 Cr | 0.9y | |
| Sundaram Consumption Sundaram | 33 | Avoid | -2.9% | 10.3% | 11.7% | 0.40 | 0.40 | 16.5 | -1.7 | 0.95 | 3★ | 48.0 | 1.66% | ₹1.5k Cr | 13.7y | |
| SBI Consumption Opportunities SBI | 32 | Avoid | -10.1% | 6.3% | 12.8% | 0.29 | -0.03 | 16.8 | -3.6 | 0.95 | 3★ | 46.8 | 1.13% | ₹3.0k Cr | 13.7y | |
| LIC MF Consumption LIC | 32 | Avoid | — | — | — | — | — | — | — | — | — | 32.1 | 1.13% | ₹479 Cr | 0.8y | |
| BOI Consumption BOI Consumption | 30 | Avoid | 1.9% | — | — | — | — | — | — | — | — | — | 1.56% | ₹373 Cr | 1.7y | |
| Bajaj Finserv Consumption Bajaj Finserv | 30 | Avoid | -2.8% | — | — | -0.64 | -0.87 | 14.3 | -5.7 | 0.88 | — | 32.7 | 1.26% | ₹620 Cr | 1.8y | |
| Motilal Oswal Consumption Motilal Oswal | 28 | Avoid | -5.7% | — | — | -0.56 | -0.74 | 17.0 | -6.5 | 1.05 | — | 55.4 | 0.82% | ₹1.1k Cr | 0.9y | |
| WhiteOak Capital Consumption Opportunities WhiteOak | 26 | Avoid | — | — | — | — | — | — | — | — | — | 47.2 | 1.10% | ₹131 Cr | 0.6y | |
| Quant Consumption Quant | 26 | Avoid | 3.7% | — | — | -0.30 | -0.42 | 14.7 | -6.7 | 0.81 | — | 36.9 | 1.64% | ₹190 Cr | 2.6y | |
| Union Consumption Union | 14 | Avoid | — | — | — | — | — | — | — | — | — | 52.2 | 1.53% | ₹333 Cr | 0.8y |
Consumption funds — quick answers
›Which is the best Consumption mutual fund right now?
HSBC Consumption currently ranks #1 of 25 Consumption funds with a FundLens Smart Score of 85/100 (Strong Buy). It returned — over 3 years at a 0.86% expense ratio (direct plan). Rankings are recomputed from data updated 03 Sept 2026.
›Which Consumption fund has the best risk-adjusted returns?
HSBC Consumption leads the category on the Sortino ratio at 1.00 (Sharpe 0.71) — 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 0.65% 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 ₹131 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