Thematic Fund : Consumption funds
| Fund Name | Year Of inception | Portfolio Size ( In Cr ) | Expense ratio | PE ratios | Exit Load |
| HDFC Non-Cyclical Consumer Fund Gr | 2024 | 764.46 Cr | 2.37% | 52.58 | 1% within 30 days |
| Tata India Consumer Reg Gr | 2015 | 2247.42 Cr | 2.01% | 50.11 | 0.25% for redemption within 30 days |
| BARODA BNP PARIBAS India Consumption Fund Reg Gr | 2018 | 1457.85 Cr | 2.09% | 38.13 | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
| Mahindra Manulife Consumption Fund Reg Gr | 2018 | 280.75 Cr | 2.3% | 26.75 | 1% for redemption within 3 months |
| Nippon India Consumption Reg Gr | 2004 | 1410.64 Cr | 2.14% | 46.49 | 1% for redemption within 30 days |
| UTI India Consumer Reg Gr | 2007 | 700.29 Cr | 2.43% | 31.32 | 1% for redemption within 30 days |
| Mirae Asset Great Consumer Reg Gr | 2011 | 4069.29 Cr | 1.80% | 26.03 | 1% for redemption within 365 days |
| ICICI Pru Bharat Consumption Gr | 2019 | 2613.48 Cr | 2.08% | 36.88 | 1% for redemption within 90 days |
| SBI Consumption Opportunities Reg Gr | 2013 | 2679.47 Cr | 2.01% | 46.97 | 0.1% for redemption within 30 days |
| Canara Robeco Consumer Trends Fund Reg Gr | 2009 | 1694.43 Cr | 2.08% | 22.62 | 1% for redemption within 365 days |
HDFC Non-Cyclical Consumer Fund Gr:
HDFC Non-Cyclical consumer fund is a relatively new entrant that came out in 2024, the fund aims to invest only in sectors related to consumption which are not cyclical in nature. High PE of 52.58. The fund has a small portfolio size of 707cr. High expense ratio of 2.37%
Tata India Consumer Reg Gr :
Launched in 2015 the fund has been able to garner 2247 cr in total AUM.The PE is high as suggested by the category of 50.11. The expense ratio is about 2.01% which is good for the category.
BARODA BNP PARIBAS India Consumption Fund Reg Gr
The fund was launched in the year 2018, has AUM of about 1457 cr in total AUM. The PE is around 38.13 which is in the mid range of the category. Expense Ratio of 2.08%.
Mahindra Manulife Consumption Fund Reg Gr
Launched in 2018, the fund has a very small size 280 cr, smallest in the category. The fund’s PE is excellent and needs to be looked at further at 26.75. The expense ratio is of 2.3%
Nippon India Consumption Reg Gr
Nippon India Consumption fund is one of the oldest funds in the category, launched in 2004. With AUM of 1410.64 Cr. Expense ratio of 2.14%. PE of the fund is at 46.49.
UTI India Consumer Reg Gr
The fund was launched in 2007, has a small AUM of 700 cr. The PE of fund is 31.32 and high expense ratio of 2.43%
Mirae Asset Great Consumer Reg Gr
The fund was launched in the year 2011. The AUM of the fund is 4069 cr , which is highest in the category. The fund has a great PE of 26.03. Which is lowest in the category and needs to be understood further.
ICICI Pru Bharat Consumption Gr
The fund was launched in the year 2019, has AUM size of 2613.48 cr, which is a decent size fund. Expense Ratio 2.08%. The fund PE is 36.88.
SBI Consumption Opportunities Reg Gr
The fund was launched in 2013. AUM has size 2679.47 Cr, a decent fund size. The fund PE 46.97
Canara Robeco Consumer Trends Fund Reg Gr
The fund was launched in 2009. AUM of the fund 1694.43 Cr. The fund has a very low PE of 22.62 lowest in the category.
Trailing Returns :
1 year trailing
Quartile 1 : > 44% , HDFC Non- Cyclical consumer trends fund and Mahindra Manulife Consumption fund have starred in this category with returns above 44%.
Quartile 2 : 43% -44%- Baroda BNP paribas India Consumption fund , Nippon India Consumption Fund, TATA India Consumer Fund have been the next category.
Quartile 3 : 42%- 43% – Mirae Asset Great Consumer fund, UTI consumer fund make it 3rd quartile
Quartile 4 : 40%-42% : Canara Robeco Consumer Trends Fund, ICICI Pru Bharat Consumption fund and SBI consumption fund are in 4th quartile.
The funds have performed so close in the last 1 years it seemed futile to put any one in any quartile. But still we have put them in quartiles.
3 years trailing return
Quartile 1: >28% : Only SBI India Consumption fund could make the list
Quartile 2: 24-28% : ICICI Pru Bharat Consumption fund, Nippon India Consumption fund made it 2nd quartile.
Quartile 3: 22-24% :Mirae Asset Great Consumer fund, Mahindra Manulife consumption fund, TATA India Consumer fund delivered in 22% range.
Quartile 4: 18-22% : Baroda BNP paribas India Consumption fund, Canara Robeco Consumer Trends Fund and UTI consumer fund were in 3rd quartile , but UTI consumer fund was very low in the returns at 18%
HDFC Non- Cyclical consumer did not exist 3 years before.
5 years trailing returns
Quartile 1 : >26%, Nippon India Consumption fund, SBI India Consumption fund made in top in 5 years period
Quartile 2: 24-26 : Canara Robeco Consumer Trends Fund, Mirae Asset Great Consumer fund
Quartile 3: 22-24% : Baroda BNP paribas India Consumption fund, ICICI Pru Bharat Consumption fund, TATA India Consumer Fund
Quartile 4: 20- 22%: Mahindra Manulife Consumption fund, UTI consumer fund were the lowest
HDFC Non- Cyclical consumer did not exist 5 years before.
7 years trailing returns
Quartile 1 : > 19%, Nippon India Consumption fund
Quartile 2: 18-19%, Canara Robeco Consumer Trends Fund, Mirae Asset Great Consumer fund, SBI India Consumption fund
Quartile 3: 17-18%, TATA India Consumer Fund
Quartile 4: < 17% , UTI Consumer fund was at 14.42
HDFC Non- Cyclical consumer , ICICI Pru Bharat Consumption fund, Mahindra Manulife Consumption fund and Baroda BNP paribas India Consumption fund were not launched 10 years ago.
10 years trailing returns
Quartile 1 : >18% Canara Robeco Consumer Trends Fund,SBI India Consumption fund
Quartile 2: 17-18%, Mirae Asset Great Consumer fund
Quartile 3: 16-18%, Nippon India Consumption fund
Quartile 4: <16% ,UTI Consumer fund 12.48%
HDFC Non- Cyclical consumer , ICICI Pru Bharat Consumption fund, Mahindra Manulife Consumption fund and Baroda BNP paribas India Consumption fund were not launched 10 years ago.
Rolling returns
>15 % rolling return ,
Nippon India Consumption fund could deliver for 100% of the time in this zone..
SBI Consumption Opportunities Fund (G) and Canara Robeco Consumer Trends Fund Reg.plan (G) were high 99% and 98% of the time.
Mirae Asset Great Consumer Fund Reg (G) and Baroda BNP Paribas India Consumption Fund Reg (G) 89% and 93% respectively .
ICICI Pru Bharat Consumption Fund (G) delivered for 80 % and Tata India Consumer Fund Reg Plan (G) delivered for 83% of the time.
Mahindra Manulife Consumption Fund Reg (G) and UTI were close to 60% of times.
>12% rolling returns ,
Nippon India Consumption fund , Mirae Asset Great Consumer Fund Reg , ICICI Pru Bharat Consumption Fund ,SBI Consumption Opportunities Fund (G), Canara Robeco Consumer Trends Fund Reg.plan (G) deliver for 100% of the time in this zone.
Baroda BNP Paribas India Consumption Tata India Consumer Fund Reg Plan (G) delivered for 99% of the time.
UTI were close to 91%
Mahindra Manulife Consumption Fund Reg was 76.84% times above 12% rolling returns.
Vs Benchmark
| Scheme | 1 year | 3 years | 5 years | 10 years |
| HDFC Non-Cyclical Consumer Fund Gr | 44.67 | – | – | – |
| Tata India Consumer Reg Gr | 43.87 | 22.75 | 23.22 | 17.37 |
| BARODA BNP PARIBAS India Consumption Fund Reg Gr | 43.76 | 21.88 | 23.77 | – |
| Mahindra Manulife Consumption Fund Reg Gr | 44.03 | 22.23 | 21.01 | – |
| Nippon India Consumption Gr Gr | 43.02 | 25.59 | 27.63 | 19.5 |
| UTI India Consumer Reg Gr | 42.31 | 18.3 | 20.48 | 14.42 |
| Mirae Asset Great Consumer Reg Gr | 42.14 | 23.86 | 24.6 | 18.79 |
| ICICI Pru Bharat Consumption Gr | 40.34 | 25.81 | 22.84 | – |
| SBI Consumption Opportunities Reg Gr | 40.81 | 29.11 | 26.15 | 18.84 |
| Canara Robeco Consumer Trends Fund Reg Gr | 40.68 | 21.56 | 24.4 | 18.3 |
| Nifty India Consumption TRI | 44.76 | 22.23 | 22.11 | 15.67 |
1 year trailing
Interesting fact is every fund has underperformed the Index in the last one year trailing returns.
3 years trailing return
Quartile 1: >28% : Only SBI India Consumption fund could make the list
Quartile 2: 24-28% : ICICI Pru Bharat Consumption fund, Nippon India Consumption fund made it 2nd quartile.
Quartile 3: 22-24% :Mirae Asset Great Consumer fund, Mahindra Manulife consumption fund, TATA India Consumer fund delivered in 22% range.
Baroda BNP paribas India Consumption fund, Canara Robeco Consumer Trends Fund and UTI consumer could not beat the index
HDFC Non- Cyclical consumer was not launched.
5 years trailing returns
Quartile 1 : >26%, Nippon India Consumption fund, SBI India Consumption fund made in top in 5 years period
Quartile 2: 24-26 : Canara Robeco Consumer Trends Fund, Mirae Asset Great Consumer fund
Quartile 3: 22-24% : Baroda BNP paribas India Consumption fund, ICICI Pru Bharat Consumption fund, TATA India Consumer Fund
Quartile 4: 20- 22%: Mahindra Manulife Consumption fund, UTI consumer fund Could not beat the index.
HDFC Non- Cyclical consumer did not exist 5 years before.
10 years trailing returns
Quartile 1 : >18% Canara Robeco Consumer Trends Fund,SBI India Consumption fund
Quartile 2: 17-18%, Mirae Asset Great Consumer fund
Quartile 3: 16-18%, Nippon India Consumption fund
Quartile 4: <16% ,UTI Consumer fund 12.48% could not beat the index.
HDFC Non- Cyclical consumer , ICICI Pru Bharat Consumption fund, Mahindra Manulife Consumption fund and Baroda BNP paribas India Consumption fund were not launched 10 years ago.
Y-o-Y Returns
FY 2024
Quartile 1, 21-23% SBI consumption Opportunities fund, Baroda BNP Paribas India Consumption Fund, Mirae Asset great Consumer Fund ,Nippon India Consumption fund, TATA India Consumer Fund
Quartile 2:19-21%, Mahindra Manulife Consumption fund, UTI India Consumer fund
Quartile 3: 17-19 %, None
Quartile 4 :15-17%, Canara Robeco Consumer Trends Fund, ICICI Pru Bharat Consumption fund
FY 2023
Quartile 1 42-44, ICICI Pru Bharat Consumption fund,
Quartile 2: 40-42, Mahindra manulife consumption fund, Nippon India Consumption fund, TATA India Consumer fund
Quartile 3: 38-40, Baroda BNP Paribas India Consumption fund, Canara Robeco Consumer Trends Fund, Mirae Asset Great Consumer fund
Quartile 4 : 35-38, SBI consumption opportunities fund, UTI India Consumer fund.
FY 2020
Quartile 1 >65 %, Canara Robeco Consumer Trends Fund,SBI Consumption Opportunities fund, Nippon India Consumer fund delivered outstanding returns
Quartile 2: 60 – 65%, Mirae Asset Great Consumption fund
Quartile 3: 55- 60 % , Baroda BNP Paribas India Consumption fund,
Quartile 4 : 48- 55%, Mahindra Manulife Consumption fund, TATA India Consumer Fund and UTI India Consumer Fund.
FY 2019
Quartile 1 > – 5% , Baroda BNP Paribas India Consumption fund
Quartile 2: -5 to -15% , Canara Robeco Consumer Trends Fund, UTI India Consumer Fund.
Quartile 3: -15 to – 25% , Mahindra Manulife Consumption Fund , Mirae Asset great Consumer fund, Nippon India Consumption fund and TATA India Consumer fund.
Quartile 4 : -25 to -30% , SBI consumption India Fund,
Ratios :
| Fund Name | Alpha 3 years | Alpha 5 Years | Alpha 10 years | Beta 3 years | Beta 5 Years | Beta 10 years | Std deviation | Sharpe Ratio 3 years | Sharpe ratio 5 years | Sharpe ratio 10 years | Sortino Ratio |
| HDFC Non-Cyclical Consumer Fund Gr | – | – | – | – | – | – | – | – | – | ||
| Tata India Consumer Reg Gr | 2.17 | 4.48 | – | 0.89 | 0.72 | – | 13.66 | 1.11 | 0.72 | – | 2.12 |
| BARODA BNP PARIBAS India Consumption Fund Reg Gr | 2.69 | 4.16 | – | 0.83 | 0.76 | – | 12.34 | 1.20 | 1.11 | – | 2.46 |
| Mahindra Manulife Consumption Fund Reg Gr | 3.74 | 0.84 | – | 0.79 | 0.85 | – | 11.86 | 1.29 | 0.90 | – | 2.26 |
| Nippon India Consumption Gr Gr | 6.38 | 6.79 | 1.89 | 0.81 | 0.82 | 0.86 | 12.26 | 1.48 | 1.24 | 0.63 | 2.77 |
| UTI India Consumer Reg Gr | 0.38 | 1.86 | -1.10 | 0.81 | 0.74 | 0.82 | 12.72 | 0.95 | 0.93 | 0.48 | 1.88 |
| Mirae Asset Great Consumer Reg Gr | 4.51 | 3.85 | 3.3 | 0.86 | 0.84 | 0.88 | 12.87 | 1.33 | 1.07 | 0.78 | 2.78 |
| ICICI Pru Bharat Consumption Gr | 8.64 | 4.67 | – | 0.68 | 0.70 | – | 10.59 | 1.75 | 1.13 | – | 2.90 |
| SBI Consumption Opportunities Reg Gr | 10.03 | 4.64 | 3.36 | 0.68 | 0.89 | 0.88 | 11.67 | 1.70 | 1.03 | 0.71 | 2.89 |
| Canara Robeco Consumer Trends Fund Reg Gr | 2.16 | 3.90 | 3.28 | 0.89 | 0.83 | 0.92 | 12.97 | 1.16 | 1.09 | 0.76 | 2.31 |
Fund managers Longevity :
HDFC Non-Cyclical Consumer Fund Gr:
It is being managed by two fund managers. For last year both the industry experienced for close to 16 years.
Tata India Consumer Reg Gr :
The fund is managed by Sonam Udas who has been managing the fund for the last 8 years. And have 20 years industry experience. And another fund manager for 1 year.
BARODA BNP PARIBAS India Consumption Fund Reg Gr
The fund had a recent fund manager change , where the new fund managers are now managing from the last 2 years. Total of two fund managers. One is Senior fund manager while the other is new in the company.
Mahindra Manulife Consumption Fund Reg Gr
Managed by two fund managers. One of the Fund managers changed in 2020 and another one joined in 2022. They are managing the fund. They seem to have good enough industry experience of 19 and 3 years respectively.
Nippon India Consumption Reg Gr
Two fund manager teams. Both started managing the fund in 2020. One of the managers has industry experience of about 8 years now. The other is a senior fund manager with 13 years experience but she is managing a lot of funds under her.
UTI India Consumer Reg Gr
Managed by just one fund manager for the last 6 years. He has industry experience of about 16 Years.
Mirae Asset Great Consumer Reg Gr
Is being managed by two fund managers. 1 fund manager has managed the fund for the last 8 years, since 2019 and has total experience of 10 years in the industry. The other one has been with the fund for 3 years and has 10 years industry experience.
ICICI Pru Bharat Consumption Gr
Managed by 5 fund managers . CIO S Naren, for last 2 years Though the team has good enough industry experience of more than 10 years but the team is new for the fund.
SBI Consumption Opportunities Reg Gr
The fund management team has changed recently. One of the fund managers is new to the industry, while the other has experience of about 19 years. But the team is altogether taken over the fund in April 2024.
Canara Robeco Consumer Trends Fund Reg Gr
The fund is being managed by two fund managers. They have been managing since 2019, he is managing a lot of funds but with experience of about 19 years. The other fund manager, started in the fund in 2021 , has equity research experience for 16 years.
Portfolio :
| Fund Name | Strategy | Top Sectors | Top Stock | Allocation | No of Stocks | Portfolio Churn( %) |
| HDFC Non-Cyclical Consumer Fund Gr | Growth | Consumer Defensive : 42.43% Consumer Cyclical : 31.57% Industrial : 7.97% Communication services : 6.48% | HUL : 8.99% ITC : 8.62% Zomato : 6.43% Titan : 4.84% | Large : 62.98% Mid : 20.68% Small : 14.08% Others : 2.26% | 41 | – |
| Tata India Consumer Reg Gr | Growth, Quality | Consumer Defensive : 38.70% Consumer Cyclical : 35.35% Industrials : 13.70 Basic materials : 5.65% | ITC 9.53% Zomato : 8.98% Nestle : 5.41% Maruti Suzuki : 5.39% Radico Khatian : 4.85% | Large : 59.96% Mid cap : 26.38% Small : 9.48% Others: 4.18% | 43 | 66% |
| BARODA BNP PARIBAS India Consumption Fund Reg Gr | Growth , Quality, | Consumer Cyclical : 39.41% Consumer Defensive : 38.40 Communication service : 9.27% Industrial : 6.74% | Trent : 7.01% ITC ltd : 6.80% HUL : 5.57% Bharti Airtel : 5.52% Zomato : 5.35% | Large : 72.14% Mid cap : 20.90% Small Cap : 3.32 Others : 3.64% | 45 | 0% |
| Mahindra Manulife Consumption Fund Reg Gr | Growth , Quality, momentum | Consumer Cyclical : 39.39% Consumer Defensive : 37.08% Communication Services : 9.90% | HUL : 7.23% ITC : 7.06 Bharti Airtel : 4.30% Maruti : 4.20% M&M : 4.14% | Large Cap : 65.95% Mid cap : 18.07% Small : 11.21 % Other holding : 4.77 | 47 | 98% |
| Nippon India Consumption Gr Gr | Growth , Quality | Consumer Defensive : 38.73% Consumer Cyclical : 36.18% Communication : 9.74% Industrial : 8.43% | ITC : 7.87% Bharti Airtel : 7.61% HUL : 6.71% Avenue supermart : 4.79% Jubilant foods : 4.16% | Large Cap : 65.69% Mid Cap : 23.22% Small Cap : 9.89% Others : 1.2% | 35 | 43% |
| UTI India Consumer Reg Gr | Growth . Quality | Consumer Cyclical : 40.60% Consumer Defensive : 31.41% Communication service : 10.09% Industrial : 6.94% | Maruti : 6.59% Bharti Airtel : 6.33% Trent : 6.0% Avenue Supermart : 5.14% Godrej Consumer : 4.895 | Large cap : 69.34% Mid Cap : 19.28% Small Cap : 6.14% Bonds : 0.21% Other Holding : 5.03% | 43 | 31% |
| Mirae Asset Great Consumer Reg Gr | Growth , Quality | Consumer Cyclical : 43.51% Consumer Defensive : 25.23%% Industrial : 10.01% Communication service : 7.51% | Bharti Airtel : 7.06% ITC ltd : 5.60% HUL : 4.59% MAruti Suzuki : 4.19% Trent : 3.70% | Large cap : 64.32% Mid Cap : 19.27% Small Cap : 14.46% Bonds : 0% Other Holding : 1.95% | 43 | 16% |
| ICICI Pru Bharat Consumption Gr | Growth and quality | Consumer Cyclical : 30.96 % Consumer Defensive : 28.10% Healthcare : 17.53% Communication service : 9.39% | HUL : 7.89% Nestle : 5.96% Maruti : 5.0% Sun pharma : 5.61% Bharti Airtel :5.22% | Large cap : 69.65% Mid Cap : 13.25% Small Cap : 6.03% Bonds : 1.09 % Other Holding : 9.98% | 51 | 138% |
| SBI Consumption Opportunities Reg Gr | Growth and Quality | Consumer Cyclical : 47.86 % Consumer Defensive : 31.69% Industrial : 12.51% Communication service :5.93% | Ganesha Ecosphere : 6.07% Bharti Airtel : 5.12% Jubilant Food work : 4.10% ITC : 3.51% HUL : 3.23% | Large cap : 33.68% Mid Cap : 39.57% Small Cap : 23.03% Bonds :0% Other Holding : 3.72% | 46% | 39% |
| Canara Robeco Consumer Trends Fund Reg Gr | Growth and Momentum | Consumer cyclical : 33.98 % Financial Services : 25.88% Consumer defensive : 22.75% | ITC : 6.21% Bharti Airtel : 4.43% HDFC Bank ltd : 4.31% Zomato : 3.72% Trent : 3.10% | Large Cap : 61.10% Mid cap : 30.27 Small Cap : 5.39% Others : 3.24% | 45 | 41% |
Result :
The fund category presents a great option to diversify your investments, you can look into investing into the funds
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