What are the top performing Thematic-Consumption funds?

Based on 1-year returns, the top performing Thematic-Consumption funds are Tata India Consumer Fund Direct-Growth with 5.43% return, Kotak Consumption Fund Direct-Growth with 4.49% return, and ITI Bharat Consumption Fund Direct-Growth with 2.17% return. The category average 1-year return is -1.61%.

Which Thematic-Consumption funds have given the best returns over 3 years?

Over a 3-year period, the best performing Thematic-Consumption funds are Tata India Consumer Fund Direct-Growth with a 15.59% CAGR, Kotak Consumption Fund Direct-Growth with 11.94% CAGR, and ITI Bharat Consumption Fund Direct-Growth with 11.72% CAGR. The category average 3-year return stands at 11.29% CAGR.

Which Thematic-Consumption funds have given the best returns over 5 years?

Over a 5-year period, the top Thematic-Consumption funds are Tata India Consumer Fund Direct-Growth with a 15.60% CAGR, Kotak Consumption Fund Direct-Growth with 14.84% CAGR, and ITI Bharat Consumption Fund Direct-Growth with 14.79% CAGR. The category average 5-year return is 13.26% CAGR.

Which are the best Thematic-Consumption funds for SIP investment?

Based on average 5-year rolling returns, the best Thematic-Consumption funds for SIP are Canara Robeco Consumption Fund Direct-Growth with 5-year average rolling return of 18.50%, Mirae Asset Great Consumer Fund Direct-Growth with 18.42%, and Tata India Consumer Fund Direct-Growth with 18.24%. You can start a SIP in Thematic-Consumption funds with as little as ₹99 per month.

What are the largest Thematic-Consumption mutual funds by assets?

The largest Thematic-Consumption funds by Assets Under Management (AUM) are Aditya Birla Sun Life Consumption Direct Fund-Growth with ₹ 5,989.80 crore, Mirae Asset Great Consumer Fund Direct-Growth with ₹ 4,550.04 crore, and ICICI Prudential Bharat Consumption Fund Direct-Growth with ₹ 3,150.45 crore. Together, there are 31 Thematic-Consumption funds available in India.

What is the minimum amount to invest in Thematic-Consumption funds?

You can start investing in Thematic-Consumption funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Thematic-Consumption fund returns taxed?

Gains from Thematic-Consumption funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Thematic-Consumption funds have the lowest expense ratio?

Among Thematic-Consumption funds, Mirae Asset Nifty India New Age Consumption ETF FoF Direct-Growth has the lowest expense ratio at 0.11% (Direct Plan), followed by HDFC Nifty India Consumption Index Fund Direct-Growth at 0.40%. Lower expense ratios directly improve your net returns over the long term.

How many Thematic-Consumption mutual funds are available in India?

There are currently 31 Thematic-Consumption mutual funds available in India across different fund houses. You can compare all 31 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Thematic Consumption

Thematic-Consumption Funds

Thematic equity funds invest in stocks linked to a theme. These funds have a broader scope than sectoral funds, as they invest in stocks from various sectors that are linked to a particular theme. Energy thematic funds invest in energy-related stocks. As per the SEBI guidelines, a minimum of 80% of the funds will be invested in consumption-linked stocks.

Total Schemes

No. of schemes

Total AUM

₹ 0.40Lakh Cr

As on latest

Category Return (5Y)

13.26 %

CAGR

Benchmark

13.92%

NIFTY 500 TRI

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Thematic-Consumption	2.60 %	1.42 %	-1.61 %	11.29 %	13.26 %	14.50 %	-1.79 %
Benchmark	1.77 %	-1.66 %	-0.37 %	12.38 %	13.92 %	13.00 %	-4.72 %

Top Thematic-Consumption Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
Aditya Birla Sun Life Consumption Direct Fund-GrowthNAV: ₹237.17	5,989.80 Cr	-4.34%	9.98%	11.84%	0.94%
Mirae Asset Great Consumer Fund Direct-GrowthNAV: ₹110.11	4,550.04 Cr	-0.96%	11.66%	14.36%	0.65%
ICICI Prudential Bharat Consumption Fund Direct-GrowthNAV: ₹26.65	3,150.45 Cr	-2.38%	11.65%	14.84%	1.32%
SBI Consumption Opportunities Fund Direct-GrowthNAV: ₹330.02	2,906.21 Cr	-8.29%	8.12%	13.59%	1.13%
Axis Consumption Fund Direct-GrowthNAV: ₹9.40	2,750.01 Cr	-1.78%	-	-	0.85%
Tata India Consumer Fund Direct-GrowthNAV: ₹53.89	2,703.34 Cr	5.43%	15.59%	15.60%	0.94%
Nippon India Consumption Fund Direct-GrowthNAV: ₹216.03	2,422.04 Cr	-4.10%	11.72%	14.79%	0.87%
Canara Robeco Consumption Fund Direct-GrowthNAV: ₹123.82	1,932.42 Cr	-3.02%	11.69%	13.33%	0.97%
Kotak Consumption Fund Direct-GrowthNAV: ₹14.65	1,711.26 Cr	4.49%	-	-	0.96%
HSBC Consumption Fund Direct-GrowthNAV: ₹15.39	1,703.00 Cr	1.57%	-	-	0.87%
Sundaram Consumption Fund Direct-GrowthNAV: ₹101.32	1,422.23 Cr	-5.74%	10.17%	11.70%	1.65%
Baroda BNP Paribas India Consumption Fund Direct-GrowthNAV: ₹33.79	1,413.20 Cr	-3.29%	10.86%	12.50%	1.11%
Motilal Oswal Consumption Fund Direct-GrowthNAV: ₹10.54	1,057.64 Cr	-	-	-	0.82%
HDFC Consumption Fund Direct-GrowthNAV: ₹14.05	998.25 Cr	-3.95%	11.94%	-	1.30%
UTI India Consumer Fund Direct-GrowthNAV: ₹62.15	688.68 Cr	0.41%	11.16%	10.96%	1.62%

About Thematic-Consumption Funds

What is it?

Objective

The objective of these funds is to generate maximum returns by investing in the stocks of consumption-linked companies.

Suitability and opinion

We believe that concentration risk is high in any thematic funds and the impact of the market cycle can be severe in this category. Though these funds may have higher diversification compared to sectoral funds, this category is suitable for informed investors who are comfortable with high risks as the fund will invest in companies with the same theme. These funds are suitable for investors that are bullish on the increasing consumption of the country. So, you should have a solid understanding of the theme before you invest in such funds. If there is a change in government policy affecting the theme, then it will impact the fund returns. Also, entry and exit timings matter in these funds, so we can not define the ideal time horizon for any particular thematic fund. Some themes may play out rapidly and others will take time. You should not allocate more than 10% of your portfolio to any thematic funds.

Thematic-Consumption vs Other Categories

5Y CAGR Return Comparison

13.39%

13.30%

13.26%

13.18%

12.93%

Thematic-Quant

Sectoral-Banking

Thematic-Consumption

Focused

ELSS

Key Insights

Thematic-Consumption delivered 13.26% CAGR over the last 5 years.

It ranks #17 out of 27 categories based on 5Y performance.

Below the category average return of 14.24%.

16 categories outperform it, while 10 categories have lower returns.

Top performer: Thematic-PSU (23.72%).

Lowest performer: Sectoral-Technology (6.73%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Aditya Birla Sun Life Consumption Direct Fund-Growth

Fund Performance: Aditya Birla Sun Life Consumption Direct Fund-Growth has given 9.98% annualized returns in the past three years and 11.84% in the last 5 years. The Aditya Birla Sun Life Consumption Direct Fund-Growth comes under the Equity category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Consumption Direct Fund-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 5,989.80Cr

1Y Returns

-4.34%

Expense Ratio

0.94%

Mirae Asset Great Consumer Fund Direct-Growth

Fund Performance: Mirae Asset Great Consumer Fund Direct-Growth has given 11.66% annualized returns in the past three years and 14.36% in the last 5 years. The Mirae Asset Great Consumer Fund Direct-Growth comes under the Equity category of Mirae Asset Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Great Consumer Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 4,550.04Cr

1Y Returns

-0.96%

Expense Ratio

0.65%

ICICI Prudential Bharat Consumption Fund Direct-Growth

Fund Performance: ICICI Prudential Bharat Consumption Fund Direct-Growth has given 11.65% annualized returns in the past three years and 14.84% in the last 5 years. The ICICI Prudential Bharat Consumption Fund Direct-Growth comes under the Equity category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Bharat Consumption Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,150.45Cr

1Y Returns

-2.38%

Expense Ratio

1.32%

SBI Consumption Opportunities Fund Direct-Growth

Fund Performance: SBI Consumption Opportunities Fund Direct-Growth has given 8.12% annualized returns in the past three years and 13.59% in the last 5 years. The SBI Consumption Opportunities Fund Direct-Growth comes under the Equity category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Consumption Opportunities Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 2,906.21Cr

1Y Returns

-8.29%

Expense Ratio

1.13%

Axis Consumption Fund Direct-Growth

Fund Performance: The Axis Consumption Fund Direct-Growth comes under the Equity category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Consumption Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,750.01Cr

1Y Returns

-1.78%

Expense Ratio

0.85%

Tata India Consumer Fund Direct-Growth

Fund Performance: Tata India Consumer Fund Direct-Growth has given 15.59% annualized returns in the past three years and 15.60% in the last 5 years. The Tata India Consumer Fund Direct-Growth comes under the Equity category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata India Consumer Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 2,703.34Cr

1Y Returns

5.43%

Expense Ratio

0.94%

Nippon India Consumption Fund Direct-Growth

Fund Performance: Nippon India Consumption Fund Direct-Growth has given 11.72% annualized returns in the past three years and 14.79% in the last 5 years. The Nippon India Consumption Fund Direct-Growth comes under the Equity category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Consumption Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 2,422.04Cr

1Y Returns

-4.10%

Expense Ratio

0.87%

Canara Robeco Consumption Fund Direct-Growth

Fund Performance: Canara Robeco Consumption Fund Direct-Growth has given 11.69% annualized returns in the past three years and 13.33% in the last 5 years. The Canara Robeco Consumption Fund Direct-Growth comes under the Equity category of Canara Robeco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Consumption Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,932.42Cr

1Y Returns

-3.02%

Expense Ratio

0.97%

Kotak Consumption Fund Direct-Growth

Fund Performance: The Kotak Consumption Fund Direct-Growth comes under the Equity category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Consumption Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,711.26Cr

1Y Returns

4.49%

Expense Ratio

0.96%

HSBC Consumption Fund Direct-Growth

Fund Performance: The HSBC Consumption Fund Direct-Growth comes under the Equity category of HSBC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HSBC Consumption Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,703.00Cr

1Y Returns

1.57%

Expense Ratio

0.87%

Sundaram Consumption Fund Direct-Growth

Fund Performance: Sundaram Consumption Fund Direct-Growth has given 10.17% annualized returns in the past three years and 11.70% in the last 5 years. The Sundaram Consumption Fund Direct-Growth comes under the Equity category of Sundaram Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Consumption Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,422.23Cr

1Y Returns

-5.74%

Expense Ratio

1.65%

Baroda BNP Paribas India Consumption Fund Direct-Growth

Fund Performance: Baroda BNP Paribas India Consumption Fund Direct-Growth has given 10.86% annualized returns in the past three years and 12.50% in the last 5 years. The Baroda BNP Paribas India Consumption Fund Direct-Growth comes under the Equity category of Baroda BNP Paribas Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas India Consumption Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,413.20Cr

1Y Returns

-3.29%

Expense Ratio

1.11%

Motilal Oswal Consumption Fund Direct-Growth

Fund Performance: The Motilal Oswal Consumption Fund Direct-Growth comes under the Equity category of Motilal Oswal Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Consumption Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 1,057.64Cr

1Y Returns

Expense Ratio

0.82%

HDFC Consumption Fund Direct-Growth

Fund Performance: HDFC Consumption Fund Direct-Growth has given 11.94% annualized returns in the past three years. The HDFC Consumption Fund Direct-Growth comes under the Equity category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Consumption Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 998.25Cr

1Y Returns

-3.95%

Expense Ratio

1.30%

UTI India Consumer Fund Direct-Growth

Fund Performance: UTI India Consumer Fund Direct-Growth has given 11.16% annualized returns in the past three years and 10.96% in the last 5 years. The UTI India Consumer Fund Direct-Growth comes under the Equity category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI India Consumer Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 688.68Cr

1Y Returns

0.41%

Expense Ratio

1.62%