Aditya Birla Sun Life Consumption Fund vs Kotak Pioneer Fund
Direct Plan, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Consumption Fund is a Thematic fund and Kotak Pioneer Fund is a Thematic fund. In the 3 years to 30-10-2026, Aditya Birla Sun Life Consumption Fund (Direct) returned 8.0% a year and Kotak Pioneer Fund (Direct) returned 20.0% a year. Aditya Birla Sun Life Consumption Fund charges 0.97% a year and Kotak Pioneer Fund 0.63% (Direct plans). Their portfolios overlap 29.1%: they hold 19 of the same securities.
Aditya Birla Sun Life Consumption Fund
Thematic
- 3 year return
- 8.0%
- Expense ratio
- 0.97%
- NAV
- ₹225.96
Which is better, Aditya Birla Sun Life Consumption or Kotak Pioneer? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Pioneer returned more over 5 years: 13.9% a year against 8.2%.
- Kotak Pioneer returned more over 3 years: 20.0% a year against 8.0%.
- Kotak Pioneer costs less: 0.63% a year against 0.97% (Direct plans).
- Aditya Birla Sun Life Consumption swung less over 3 years: a standard deviation of 12.7% a year against 12.9%.
- Aditya Birla Sun Life Consumption fell less in its worst fall since 06-11-2019: −34.5% against −35.7%.
- Kotak Pioneer holds 16.3% of the fund in foreign stocks; Aditya Birla Sun Life Consumption 0.0%.
- Aditya Birla Sun Life Consumption holds more in large companies: 65.5% of the fund in large caps against 25.3%.
- Aditya Birla Sun Life Consumption is the larger fund: ₹5,697 Cr against ₹4,295 Cr.
- Their portfolios overlap 29.1%: 19 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Consumption Fund | Kotak Pioneer Fund |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹5,697 Cr (30-09-2026) | ₹4,295 Cr (30-09-2026) |
| NAV | ₹225.96 (Direct) | ₹37.63 (Direct) |
| Expense ratio (Direct) | 0.97% | 0.63% |
| Expense ratio (Regular) | 1.95% | 1.90% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | 85% Nifty 500 TRI + 15% MSCI ACWI Information Technology Index TRI |
| Launch date | 05-08-2005 | 31-10-2019 |
| Minimum investment | ₹1,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Chanchal Khandelwal | Harish Bihani |
| Exit load | Exit load of 1%, if redeemed within 30 days. | 0.5% for redemption within 90 Days |
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Consumption Fund (Direct) | −0.99% | −6.82% | −2.70% | −11.55% | +7.96% | +8.18% | +12.92% |
| Kotak Pioneer Fund (Direct) | −3.23% | −1.53% | +6.34% | +4.04% | +19.97% | +13.89% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Year-wise Returns
| Year | Aditya Birla Sun Life ConsumptionAditya Birla Sun Life Consumption | Kotak PioneerKotak Pioneer |
|---|---|---|
| 2026to date | −10.35% | +6.63% |
| 2025 | +5.37% | +7.70% |
| 2024 | +18.76% | +30.41% |
| 2023 | +26.58% | +38.70% |
| 2022 | +6.34% | −6.89% |
| 2021 | +31.22% | +38.48% |
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of Aditya Birla Sun Life Consumption Fund
Rolling returns
Every 3-year holding period, 981 of them, one for each trading day from 07-11-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Aditya Birla Sun Life Consumption Fund (Direct)
Kotak Pioneer Fund (Direct)
Nifty India Consumption TRI
to
Mar 2023Nov 2020
to
Nov 2023Jul 2021
to
Jul 2024Mar 2022
to
Mar 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Consumption | 0.0 | 0.0 | 4.9 | 16.2 | 45.2 | 23.0 | 10.7 | 18.1% | 17.7% | 6.4% | 31.1% | 34% |
| Kotak Pioneer | 0.0 | 0.0 | 0.0 | 0.4 | 21.2 | 59.5 | 18.9 | 22.6% | 22.0% | 14.2% | 38.4% | 81% |
| Nifty India Consumption TRI | 0.0 | 0.0 | 1.2 | 14.4 | 53.5 | 30.7 | 0.2 | 18.3% | 18.4% | 9.1% | 26.7% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty India Consumption TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 06-11-2019. Past returns do not promise future returns.
Aditya Birla Sun Life Consumption vs Kotak Pioneer: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-11-2019 to 30-10-2026: 84 instalments, ₹8,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Aditya Birla Sun Life ConsumptionAditya Birla Sun Life Consumption Fund (Direct) | ₹8,40,000 | ₹12,24,508 | ₹3,84,508 | 10.6% |
| Kotak PioneerKotak Pioneer Fund (Direct) | ₹8,40,000 | ₹16,56,286 | ₹8,16,286 | 19.1% |
Aditya Birla Sun Life ConsumptionAditya Birla Sun Life Consumption Fund (Direct)
Kotak PioneerKotak Pioneer Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), 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.
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Consumption Fund (Direct) | Kotak Pioneer Fund (Direct) |
|---|---|---|
| Return (CAGR) | −11.55% | +4.04% |
| Standard deviation | 13.94% | 13.48% |
| Sharpe ratio | -1.21 | -0.09 |
| Sortino ratio | -1.57 | -0.12 |
| Maximum drawdown | −17.0% (30-03-2026) | −13.1% (30-03-2026) |
| Beta | 0.90 | -- |
| Alpha | −2.53% | -- |
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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Consumption Fund (Direct) | Kotak Pioneer Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.96% | +19.97% |
| Standard deviation | 12.68% | 12.91% |
| Sharpe ratio | 0.15 | 1.08 |
| Sortino ratio | 0.21 | 1.53 |
| Maximum drawdown | −20.8% (30-03-2026) | −19.3% (07-04-2025) |
| Beta | 0.87 | -- |
| Alpha | −2.43% | -- |
From daily NAVs, 30-10-2023 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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Consumption Fund (Direct) | Kotak Pioneer Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.18% | +13.89% |
| Standard deviation | 13.01% | 13.61% |
| Sharpe ratio | 0.18 | 0.59 |
| Sortino ratio | 0.25 | 0.82 |
| Maximum drawdown | −20.8% (30-03-2026) | −21.7% (20-06-2022) |
| Beta | 0.88 | -- |
| Alpha | −1.84% | -- |
From daily NAVs, 29-10-2021 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 and alpha compare each fund with its own benchmark's TRI.
| Measure | Aditya Birla Sun Life Consumption Fund (Direct) | Kotak Pioneer Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.11% | +20.88% |
| Standard deviation | 14.66% | 15.66% |
| Sharpe ratio | 0.62 | 1.01 |
| Sortino ratio | 0.84 | 1.38 |
| Maximum drawdown | −34.5% (23-03-2020) | −35.7% (23-03-2020) |
| Beta | 0.88 | -- |
| Alpha | +2.93% | -- |
From daily NAVs, 02-01-2013 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 and alpha compare each fund with its own benchmark's TRI.
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.
Aditya Birla Sun Life Consumption Fund (Direct)
Kotak Pioneer Fund (Direct)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Consumption Fund (Direct) | −34.5% | 12-02-2020 | 23-03-2020 | 12-11-2020 | 8 months | −15.6% |
| Kotak Pioneer Fund (Direct) | −35.7% | 17-01-2020 | 23-03-2020 | 04-08-2020 | 4 months | −6.5% |
| Nifty India Consumption TRI | −29.3% | 13-02-2020 | 23-03-2020 | 18-08-2020 | 5 months | −13.4% |
From daily values since 06-11-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Consumption Fund (Direct)
Kotak Pioneer Fund (Direct)
Nifty India Consumption TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Consumption Fund (Direct)
Kotak Pioneer Fund (Direct)
Nifty India Consumption TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Aditya Birla Sun Life Consumption Fund (Direct)
Kotak Pioneer Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Aditya Birla Sun Life Consumption Fund (Direct) | 95% | 91% | 6.37% |
| Kotak Pioneer Fund (Direct) | 100% | 54% | 11.05% |
From month-end values since 06-11-2019. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Consumption Fund, September 2026; Kotak Pioneer Fund, September 2026
Holdings in common
- Overlap
- 29.1%
- Held by both
- 19
- Only in Aditya Birla Sun Life Consumption
- 45
- Only in Kotak Pioneer
- 34
| Security | % of Aditya Birla Sun Life Consumption | % of Kotak Pioneer |
|---|---|---|
| Eternal Ltd. | 7.35% | 5.53% |
| ICICI Bank Ltd. | 3.62% | 2.66% |
| Lenskart Solutions Ltd. | 2.40% | 3.65% |
| Maruti Suzuki India Ltd. | 3.20% | 2.01% |
| Titan Company Ltd. | 2.90% | 1.82% |
| Interglobe Aviation Ltd. | 1.66% | 2.41% |
| Mahindra & Mahindra Ltd. | 4.39% | 1.58% |
| Avenue Supermarts Ltd. | 2.54% | 1.32% |
| Info Edge (India) Ltd. | 1.28% | 1.79% |
| Godrej Consumer Products Ltd. | 1.75% | 1.22% |
| SBI Life Insurance Co. Ltd. | 1.31% | 1.19% |
| Vishal Mega Mart Ltd. | 1.14% | 1.42% |
| ICICI Lombard General Insurance Company Ltd. | 0.98% | 1.31% |
| Swiggy Ltd. | 1.01% | 0.92% |
| TVS Motor Company Ltd. | 3.87% | 0.91% |
| HDFC Bank Ltd. | 2.22% | 0.87% |
| Mankind Pharma Ltd. | 0.63% | 1.27% |
| 3M India Ltd. | 0.88% | 0.52% |
| Trent Ltd. | 2.85% | 0.43% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.1% means 29.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Consumption Fund
| Security | % of fund |
|---|---|
| Bharti Airtel Ltd. | 5.30% |
| ITC Ltd. | 3.04% |
| Hindustan Unilever Ltd. | 2.83% |
| Meesho Ltd. | 2.71% |
| United Spirits Ltd. | 2.35% |
Largest holdings only in Kotak Pioneer Fund
| Security | % of fund |
|---|---|
| INDO-MIM LTD | 4.92% |
| ASTER DM HEALTHCARE LTD | 2.94% |
| ADITYA INFOTECH LIMITED | 2.90% |
| CAPILLARY TECHNOLOGIES | 2.15% |
| BHARTI HEXACOM LTD. | 2.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Consumption | Kotak Pioneer |
|---|---|---|
| Equity | 99.1% | 93.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.9% | 6.5% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Consumption | Kotak Pioneer |
|---|---|---|
| Large Cap | 65.5% | 25.3% |
| Mid Cap | 19.6% | 26.6% |
| Small Cap | 13.7% | 19.6% |
| Foreign stocks | 0.0% | 16.3% |
| Not on AMFI's list | 0.3% | 5.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Consumption | Kotak Pioneer |
|---|---|---|
| Retailing | 24.3% | 15.9% |
| Overseas Mutual Fund | 0.0% | 16.3% |
| Automobiles | 14.1% | 4.5% |
| Consumer Durables | 9.3% | 3.5% |
| Industrial Manufacturing | 0.0% | 7.8% |
| Banks | 7.7% | 3.5% |
| Healthcare Services | 1.1% | 6.8% |
| Beverages | 6.6% | 0.0% |
| Food Products | 6.1% | 0.0% |
| Auto Components | 0.0% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Consumption vs Kotak Pioneer: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Consumption Fund | Kotak Pioneer Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.97% | 0.63% |
| Base expense ratio (Direct) | 0.73% | 0.48% |
| Total expense ratio (Regular) | 1.95% | 1.90% |
| Base expense ratio (Regular) | 1.58% | 1.57% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Aditya Birla Sun Life Consumption with
- Aditya Birla Sun Life Consumption vs Nippon India Taiwan Equity
- Aditya Birla Sun Life Consumption vs HDFC Defence
- Aditya Birla Sun Life Consumption vs HDFC Pharma and Healthcare
- Aditya Birla Sun Life Consumption vs SBI Healthcare Opportunities
- Aditya Birla Sun Life Consumption vs Aditya Birla Sun Life International Equity
Aditya Birla Sun Life Consumption Fund vs Kotak Pioneer Fund: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Consumption Fund and Kotak Pioneer Fund?
Aditya Birla Sun Life Consumption Fund is a Thematic fund, Kotak Pioneer Fund is a Thematic fund, run by Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 29.1%. Aditya Birla Sun Life Consumption Fund charges 0.97% a year and Kotak Pioneer Fund 0.63%.
Which has given higher returns, Aditya Birla Sun Life Consumption Fund or Kotak Pioneer Fund?
Over 1 year: Aditya Birla Sun Life Consumption Fund −11.55%, Kotak Pioneer Fund +4.04%. Over 3 years: Aditya Birla Sun Life Consumption Fund +7.96% a year, Kotak Pioneer Fund +19.97% a year. Over 5 years: Aditya Birla Sun Life Consumption Fund +8.18% a year, Kotak Pioneer Fund +13.89% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Aditya Birla Sun Life Consumption Fund or Kotak Pioneer Fund?
Kotak Pioneer Fund charges less: 0.63% a year against 0.97%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Consumption Fund and Kotak Pioneer Fund overlap?
29.1%. They hold 19 of the same securities, the largest shared ones being ETERNAL, ICICIBANK, LENSKART. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Consumption Fund or Kotak Pioneer Fund?
On SEBI's riskometer, Aditya Birla Sun Life Consumption Fund is rated Very High and Kotak Pioneer Fund Very High. Over 3 years, the standard deviation of daily returns was 12.68% and 12.91% a year.
Which is better for SIP, Aditya Birla Sun Life Consumption Fund or Kotak Pioneer Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,14,684 in Aditya Birla Sun Life Consumption Fund (XIRR 6.2% a year) and ₹9,22,097 in Kotak Pioneer Fund (XIRR 16.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Aditya Birla Sun Life Consumption Fund and Kotak Pioneer Fund?
Yes. 29.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Aditya Birla Sun Life Consumption Fund and Kotak Pioneer Fund?
Aditya Birla Sun Life Consumption Fund: Chanchal Khandelwal. Kotak Pioneer Fund: Harish Bihani.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.