Axis Consumption Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Axis Consumption Fund is a Thematic fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹2,360 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −9.9% and its Regular plan returned −11.1%. Its benchmark, Nifty India Consumption TRI, returned −10.6% over the same year.

NAV (Direct plan): ₹9.03; ▲ 0.11%30-10-2026
NAV (Regular plan): ₹8.77; ▲ 0.11%30-10-2026
Expense ratio: 0.87%Direct2.16%Regular; 0.87%; A year
Riskometer: Not available; Set by the fund house
1 year return: −9.9%Direct−11.1%Regular; −9.9%; Total

Axis Consumption Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹9.03 (up 0.11% that day); Regular Plan Growth ₹8.77 (up 0.11% that day).

This fund (Direct plan)

₹9.03

Axis Consumption Fund Returns vs Nifty India Consumption TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.56%	−6.81%	−0.44%	−9.88%	--	--	--
This fund (Regular)	+0.46%	−7.20%	−1.13%	−11.05%	--	--	--
Nifty India Consumption TRI	+0.16%	−8.10%	−2.24%	−10.58%	+11.02%	+10.59%	+12.37%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	--	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	--	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	--	--	--
Rank in Thematic	25/235	164/232	119/232	195/215	--	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Axis Consumption Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Consumption TRI
2026to date	−8.04%	−9.02%	−9.10%
2025	+1.45%	0.00%	+9.22%

Axis Consumption Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 277 periods, one for each trading day from 18-09-2025 to 30-10-2026.

−15%−10%−5%0%5%10%15%

Oct 2024
to
Oct 2025Dec 2024
to
Dec 2025Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026

Axis Consumption Fund (Direct)Nifty India Consumption TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	277	−0.6%	−13.6%	11.6%	55%	2.2%	10%
2 years	27	−5.2%	−7.0%	−2.5%	100%	−4.8%	26%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Consumption TRI over the same days. Past returns do not promise future returns.

Axis Consumption Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Axis Consumption Fund (Direct)This fund	Nifty India Consumption TRI
Return (CAGR)	−9.88%	−10.58%
Standard deviation	14.62%	15.06%
Sharpe ratio	-1.03	-1.05
Sortino ratio	-1.34	-1.38
Maximum drawdown	−17.5% (23-03-2026)	−17.3% (30-03-2026)
Beta	0.96	1.00
Alpha	+0.08%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Axis Consumption Fund (Direct)This fund	Nifty India Consumption TRI
Return (CAGR)	−5.07%	−4.59%
Standard deviation	13.91%	14.67%
Sharpe ratio	-0.77	-0.70
Sortino ratio	-1.03	-0.95
Maximum drawdown	−20.1% (23-03-2026)	−21.9% (04-03-2025)
Beta	0.93	1.00
Alpha	−1.21%	0.00%

From daily NAVs, 18-09-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−25%−20%−15%−10%−5%0%

20252026

Axis Consumption Fund (Direct)Nifty India Consumption TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Axis Consumption Fund (Direct)	−20.1%	23-09-2024	23-03-2026	Not yet	--	−12.8%
Nifty India Consumption TRI	−21.9%	26-09-2024	04-03-2025	Not yet	--	−13.4%

From the Direct plan's daily NAV since 18-09-2024, adjusted for unit splits, and Nifty India Consumption TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Axis Consumption Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Axis Consumption Fund	195/215	2,360	0.87%	−9.88%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Axis Consumption Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.62%	0.05%	0.00%	0.20%	0.87%	1.18%	23/235
Regular	1.73%	0.05%	0.00%	0.38%	2.16%	2.41%	60/235

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−11.05%	−9.88%	1.17%	₹88,950	₹90,120

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Axis Consumption Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 18-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planAxis Consumption Fund (Direct)	₹2,60,000	₹2,49,864	−₹10,136	−3.5%
Regular planAxis Consumption Fund (Regular)	₹2,60,000	₹2,46,191	−₹13,809	−4.8%
Nifty India Consumption TRI	₹2,60,000	₹2,51,329	−₹8,671	−3.0%
Category averageCategory average, 235 Thematic funds	₹2,60,000	₹2,67,223	₹7,223	2.5%

₹0₹1.0 L₹2.0 L₹3.0 L

20252026

Direct planAxis Consumption Fund (Direct)Regular planAxis Consumption Fund (Regular)Nifty India Consumption TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Axis Consumption Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

99.0%Equity

Asset	Fund	Category
Equity	99.0%	94.5%
Cash and others	1.0%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	71.8%	45.7%
Mid Cap	13.0%	19.6%
Small Cap	14.1%	24.1%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Axis Consumption Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Automobiles19.0%
Retailing14.0%
Consumer Durables11.7%
Telecom - Services10.5%
Leisure Services7.2%
Healthcare Services6.2%
Beverages5.0%
Diversified FMCG4.7%
Transport Services4.1%
Agricultural Food & other Products3.8%

The ten largest of 23 sectors. The other 13 add up to 12.9%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Automobiles	20.8%	21.0%	19.0%	−1.8%
Retailing	12.5%	13.5%	14.0%	+1.5%
Consumer Durables	13.2%	12.8%	11.7%	−1.5%
Telecom - Services	9.9%	10.0%	10.5%	+0.6%
Leisure Services	5.4%	6.6%	7.2%	+1.8%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Axis Consumption Fund Portfolio Holdings

As on 30-09-2026 · 57 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Bharti Airtel Limited	Telecom - Services	9.16%	−3.1%
Eternal Limited	Retailing	8.56%	0.0%
Mahindra & Mahindra Limited	Automobiles	6.96%	0.0%
Titan Company Limited	Consumer Durables	5.25%	−18.3%
Maruti Suzuki India Limited	Automobiles	3.93%	−15.9%
Asian Paints Limited	Consumer Durables	3.48%	0.0%
Apollo Hospitals Enterprise Limited	Healthcare Services	3.47%	−7.9%
InterGlobe Aviation Limited	Transport Services	3.34%	0.0%
Varun Beverages Limited	Beverages	2.59%	−3.9%
Tata Consumer Products Limited	Agricultural Food & other Products	2.48%	+2.3%
Hindustan Unilever Limited	Diversified FMCG	2.46%	−12.5%
TVS Motor Company Limited	Automobiles	2.37%	−9.1%
Trent Limited	Retailing	2.35%	0.0%
ITC Limited	Diversified FMCG	2.23%	0.0%
The Indian Hotels Company Limited	Leisure Services	2.07%	+6.1%
Bajaj Auto Limited	Automobiles	2.06%	0.0%
United Spirits Limited	Beverages	1.91%	+7.2%
Nestle India Limited	Food Products	1.90%	−5.6%
Tata Power Company Limited	Power	1.83%	0.0%
Britannia Industries Limited	Food Products	1.68%	0.0%
Ather Energy Limited	Automobiles	1.57%	0.0%
Berger Paints (I) Limited	Consumer Durables	1.51%	0.0%
Max Healthcare Institute Limited	Healthcare Services	1.40%	0.0%
PVR INOX Limited	Entertainment	1.37%	+22.9%
Avenue Supermarts Limited	Retailing	1.36%	−15.1%
Doms Industries Limited	Household Products	1.31%	0.0%
Marico Limited	Agricultural Food & other Products	1.27%	0.0%
Eicher Motors Limited	Automobiles	1.14%	−37.7%
Arvind Fashions Limited	Retailing	1.12%	0.0%
Godrej Consumer Products Limited	Personal Products	1.01%	−10.3%
TBO Tek Limited	Leisure Services	1.00%	0.0%
Sapphire Foods India Limited	Leisure Services	1.00%	0.0%
Pidilite Industries Limited	Chemicals & Petrochemicals	0.95%	0.0%
Jubilant Foodworks Limited	Leisure Services	0.93%	0.0%
ITC Hotels Limited	Leisure Services	0.86%	+12.9%
PNB Housing Finance Limited	Finance	0.79%	−11.6%
Page Industries Limited	Textiles & Apparels	0.77%	0.0%
Delhivery Limited	Transport Services	0.75%	+5.6%
Bharti Hexacom Limited	Telecom - Services	0.72%	0.0%
Travel Food Services Limited	Leisure Services	0.70%	0.0%
Hyundai Motor India Ltd	Automobiles	0.65%	0.0%
Devyani International Limited	Leisure Services	0.60%	0.0%
Vishal Mega Mart Limited	Retailing	0.60%	+5.9%
Amber Enterprises India Limited	Consumer Durables	0.60%	0.0%
Indus Towers Limited	Telecom - Services	0.60%	+19.1%
Rainbow Childrens Medicare Limited	Healthcare Services	0.58%	0.0%
Voltas Limited	Consumer Durables	0.55%	0.0%
Radico Khaitan Limited	Beverages	0.54%	0.0%
KFin Technologies Limited	Capital Markets	0.53%	+153.0%
Vijaya Diagnostic Centre Limited	Healthcare Services	0.53%	−1.0%
Hero MotoCorp Limited	Automobiles	0.33%	−40.0%
Craftsman Automation Limited	Auto Components	0.31%	0.0%
Dixon Technologies (India) Limited	Consumer Durables	0.27%	+26.8%
Wework India Management Limited	Commercial Services & Supplies	0.23%	−18.3%
PhysicsWallah Limited	Other Consumer Services	0.22%	New
Fortis Healthcare Limited	Healthcare Services	0.21%	−40.3%
DLF Limited	Realty	0.00%	−99.2%

Axis Consumption Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Bharti Airtel Limited	Reduced	−3.1%	9.16%
Titan Company Limited	Reduced	−18.3%	5.25%
Maruti Suzuki India Limited	Reduced	−15.9%	3.93%
Apollo Hospitals Enterprise Limited	Reduced	−7.9%	3.47%
Hindustan Unilever Limited	Reduced	−12.5%	2.46%
Varun Beverages Limited	Reduced	−3.9%	2.59%
TVS Motor Company Limited	Reduced	−9.1%	2.37%
Tata Consumer Products Limited	Added	+2.3%	2.48%
The Indian Hotels Company Limited	Added	+6.1%	2.07%
Nestle India Limited	Reduced	−5.6%	1.90%
United Spirits Limited	Added	+7.2%	1.91%
Eicher Motors Limited	Reduced	−37.7%	1.14%
Avenue Supermarts Limited	Reduced	−15.1%	1.36%
PVR INOX Limited	Added	+22.9%	1.37%
Godrej Consumer Products Limited	Reduced	−10.3%	1.01%
ITC Hotels Limited	Added	+12.9%	0.86%
PNB Housing Finance Limited	Reduced	−11.6%	0.79%
Delhivery Limited	Added	+5.6%	0.75%
Vishal Mega Mart Limited	Added	+5.9%	0.60%
Indus Towers Limited	Added	+19.1%	0.60%
Vijaya Diagnostic Centre Limited	Reduced	−1.0%	0.53%
KFin Technologies Limited	Added	+153.0%	0.53%
Hero MotoCorp Limited	Reduced	−40.0%	0.33%
DLF Limited	Reduced	−99.2%	0.00%
Fortis Healthcare Limited	Reduced	−40.3%	0.21%
Dixon Technologies (India) Limited	Added	+26.8%	0.27%
Wework India Management Limited	Reduced	−18.3%	0.23%
PhysicsWallah Limited	New	New	0.22%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Axis Consumption Fund bought and sold

Axis Consumption Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
ICICI Prudential Nifty India Consumption ETFETF · ICICI Prudential	71.4%	28	Compare
SBI Nifty Consumption ETFETF · SBI	71.4%	28	Compare
SBI Nifty India Consumption Index FundIndex · SBI	71.4%	28	Compare
Kotak Nifty India Consumption ETFETF · Kotak Mahindra	71.4%	28	Compare
Nippon India ETF Nifty India ConsumptionETF · Nippon India	71.4%	28	Compare
Axis NIFTY India Consumption ETFETF · Axis	71.4%	28	Compare
HDFC Nifty India Consumption Index FundIndex · HDFC	71.2%	27	Compare
Edelweiss Consumption FundThematic · Edelweiss	61.6%	28	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Axis Consumption Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.87%
Expense ratio (Regular): 2.16%
Category: Thematic
Risk: Not available
Benchmark: Nifty India Consumption TRI
Launch date: 12-09-2024
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹2,360.37 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152805
ISIN (Direct): INF846K013X0
Scheme code (Regular): 152804
ISIN (Regular): INF846K010X6
NAV history: From 18-09-2024, 2.1 years

Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 Days.

Tax on Axis Consumption Fund returns

Axis Consumption Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹9.03	30-10-2026
direct	IDCW	₹9.03	30-10-2026
regular	Growth	₹8.77	30-10-2026
regular	IDCW	₹8.77	30-10-2026

About Axis Consumption Fund

Axis Consumption Fund is a mutual fund from Axis Mutual Fund. Its category is Thematic. It was launched on 12-09-2024. Its benchmark is Nifty India Consumption TRI. At the end of September 2026 it held 57 securities.

Fund Manager

Hitesh Das
Fund manager of Axis Consumption Fund, since 12-09-2024
Jayesh Sundar
Fund manager of Axis Consumption Fund, since 03-07-2026
Krishnaa N
Fund manager of Axis Consumption Fund, since 12-09-2024

See all funds of Axis Mutual Fund

AUM change

September 2026: ₹2,360.37 Cr; −9.76% from August 2026
August 2026: ₹2,615.78 Cr; −5.64% from July 2026
July 2026: ₹2,772.24 Cr; +0.81% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Axis Consumption Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Axis Consumption vs Nippon India Taiwan EquityThematic
Axis Consumption vs HDFC DefenceThematic
Axis Consumption vs HDFC Pharma and HealthcareThematic
Axis Consumption vs SBI Healthcare OpportunitiesThematic
Axis Consumption vs Aditya Birla Sun Life International EquityThematic
Axis Consumption vs ICICI Prudential Nifty India Consumption ETF71.4% overlap
Axis Consumption vs SBI Nifty Consumption ETF71.4% overlap
Axis Consumption vs SBI Nifty India Consumption Index71.4% overlap

Compare with any other fund

Frequently Asked Questions for Axis Consumption Fund

What is the current NAV of Axis Consumption Fund?

The Direct plan NAV is ₹9.03. The Regular plan NAV is ₹8.77, as on 30-10-2026.

What are the returns of Axis Consumption Fund?

The Direct plan returned −9.88% in 1 year. The Regular plan returned −11.05% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Axis Consumption Fund?

The Direct plan charges 0.87% a year. The Regular plan charges 2.16% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of Axis Consumption Fund?

Axis Consumption Fund managed ₹2,360.37 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Axis Consumption Fund?

At the end of September 2026 the largest holdings were BHARTIARTL (9.16%), ETERNAL (8.56%), M&M (6.96%), TITAN (5.25%), MARUTI (3.93%). The fund held 57 securities in all.

What did Axis Consumption Fund buy and sell in September 2026?

It bought 1 new stock: PhysicsWallah Limited. It added shares in 10. It reduced 17.

How do I invest in Axis Consumption Fund?

Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Axis Consumption Fund?

Hitesh Das (since 12-09-2024), Jayesh Sundar (since 03-07-2026), Krishnaa N (since 12-09-2024).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.