Baroda BNP Paribas India Consumption Fund vs HDFC Nifty India Consumption Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas India Consumption Fund is a Thematic fund and HDFC Nifty India Consumption Index Fund is an Index fund. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and HDFC Nifty India Consumption Index Fund 0.44% (Direct plans). Their portfolios overlap 62.6%: they hold 19 of the same securities.
Baroda BNP Paribas India Consumption Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹32.87
HDFC Nifty India Consumption Index Fund
Index
- Expense ratio
- 0.44%
- NAV
- ₹9.34
Which is better, Baroda BNP Paribas India Consumption or HDFC Nifty India Consumption Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty India Consumption Index costs less: 0.44% a year against 0.96% (Direct plans).
- Baroda BNP Paribas India Consumption fell less in its worst fall since 18-02-2026: −12.8% against −13.3%.
- HDFC Nifty India Consumption Index holds more in large companies: 88.0% of the fund in large caps against 72.4%.
- Baroda BNP Paribas India Consumption is the larger fund: ₹1,354 Cr against ₹105 Cr.
- Their portfolios overlap 62.6%: 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 | Baroda BNP Paribas India Consumption Fund | HDFC Nifty India Consumption Index Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | HDFC Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹1,354 Cr (30-09-2026) | ₹105 Cr (30-09-2026) |
| NAV | ₹32.87 (Direct) | ₹9.34 (Direct) |
| Expense ratio (Direct) | 0.96% | 0.44% |
| Expense ratio (Regular) | 2.37% | 0.88% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty India Consumption TRI |
| Launch date | Not available | 18-02-2026 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Nandita Menezes, Arun Agarwal |
| Exit load | Not available | NIL |
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: 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 |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas India Consumption Fund (Direct) | +0.43% | −5.55% | −0.70% | −8.93% | +9.52% | -- | -- |
| HDFC Nifty India Consumption Index Fund (Direct) | +0.10% | −8.12% | −2.37% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: Year-wise Returns
| Year | Baroda BNP Paribas India ConsumptionBaroda BNP Paribas India Consumption | HDFC Nifty India Consumption IndexHDFC Nifty India Consumption Index | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −8.33% | -- | −9.10% |
| 2025 | +2.28% | -- | +9.22% |
| 2024 | +24.29% | -- | +19.77% |
| 2023 | +30.87% | -- | +27.96% |
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas India Consumption Fund (Direct) | HDFC Nifty India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.27% | −9.25% |
| Standard deviation | 12.34% | 16.56% |
| Sharpe ratio | 0.51 | -0.88 |
| Sortino ratio | 0.72 | -1.15 |
| Maximum drawdown | −21.4% (23-03-2026) | −13.3% (31-03-2026) |
| Beta | 0.88 | 1.00 |
| Alpha | +0.25% | −0.31% |
From daily NAVs, 14-03-2022 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.
Baroda BNP Paribas India Consumption Fund (Direct)
HDFC Nifty India Consumption Index 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 |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas India Consumption Fund (Direct) | −12.8% | 18-02-2026 | 23-03-2026 | 30-07-2026 | 4 months | −7.2% |
| HDFC Nifty India Consumption Index Fund (Direct) | −13.3% | 18-02-2026 | 31-03-2026 | 27-07-2026 | 4 months | −9.5% |
| Nifty India Consumption TRI | −13.2% | 18-02-2026 | 30-03-2026 | 27-07-2026 | 4 months | −9.5% |
From daily values since 18-02-2026, the first day every fund has.
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas India Consumption Fund, September 2026; HDFC Nifty India Consumption Index Fund, September 2026
Holdings in common
- Overlap
- 62.6%
- Held by both
- 19
- Only in Baroda BNP Paribas India Consumption
- 19
- Only in HDFC Nifty India Consumption Index
- 10
| Security | % of Baroda BNP Paribas India Consumption | % of HDFC Nifty India Consumption Index |
|---|---|---|
| Bharti Airtel Limited | 7.14% | 10.12% |
| Mahindra & Mahindra Limited | 6.54% | 8.18% |
| Titan Company Limited | 7.79% | 5.89% |
| Eternal Limited | 5.67% | 7.20% |
| Maruti Suzuki India Limited | 5.86% | 4.83% |
| Eicher Motors Limited | 5.28% | 3.06% |
| TVS Motor Company Limited | 5.00% | 3.02% |
| Nestle India Limited | 3.07% | 2.92% |
| Bajaj Auto Limited | 2.81% | 3.68% |
| ITC Limited | 2.76% | 7.86% |
| InterGlobe Aviation Limited | 2.76% | 3.50% |
| Trent Limited | 2.84% | 2.71% |
| Apollo Hospitals Enterprise Limited | 2.41% | 2.61% |
| Hindustan Unilever Limited | 2.41% | 5.18% |
| Asian Paints Limited | 2.31% | 3.37% |
| Tata Consumer Products Limited | 2.10% | 1.92% |
| Britannia Industries Limited | 1.78% | 1.77% |
| Varun Beverages Limited | 0.96% | 1.83% |
| Dixon Technologies (India) Limited | 0.73% | 1.71% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 62.6% means 62.6% 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 Baroda BNP Paribas India Consumption Fund
| Security | % of fund |
|---|---|
| The Phoenix Mills Limited | 3.43% |
| Marico Limited | 2.81% |
| Lenskart Solutions Limited | 2.78% |
| Radico Khaitan Limited | 2.74% |
| FSN E-Commerce Ventures Limited | 2.36% |
Largest holdings only in HDFC Nifty India Consumption Index Fund
| Security | % of fund |
|---|---|
| Torrent Pharmaceuticals Ltd. | 2.16% |
| Max Healthcare Institute Limited | 2.15% |
| Hero MotoCorp Ltd. | 2.12% |
| Indian Hotels Company Ltd. | 1.99% |
| Avenue Supermarts Ltd. | 1.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas India Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Equity | 97.2% | 98.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.8% | 1.3% |
Market cap of stocks
| Market cap | Baroda BNP Paribas India Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Large Cap | 72.4% | 88.0% |
| Mid Cap | 17.9% | 10.7% |
| Small Cap | 5.8% | 0.0% |
| Not on AMFI's list | 1.2% | 0.0% |
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 | Baroda BNP Paribas India Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Automobiles | 26.3% | 24.9% |
| Retailing | 14.7% | 13.3% |
| Diversified FMCG | 5.2% | 13.0% |
| Consumer Durables | 12.5% | 11.0% |
| Telecom - Services | 8.3% | 10.1% |
| Food Products | 6.0% | 4.7% |
| Healthcare Services | 3.5% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas India Consumption vs HDFC Nifty India Consumption Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas India Consumption Fund | HDFC Nifty India Consumption Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 0.44% |
| Base expense ratio (Direct) | 0.61% | 0.30% |
| Total expense ratio (Regular) | 2.37% | 0.88% |
| Base expense ratio (Regular) | 1.82% | 0.69% |
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.
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Baroda BNP Paribas India Consumption Fund vs HDFC Nifty India Consumption Index Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas India Consumption Fund and HDFC Nifty India Consumption Index Fund?
Baroda BNP Paribas India Consumption Fund is a Thematic fund, HDFC Nifty India Consumption Index Fund is an Index fund, run by Baroda BNP Paribas Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 62.6%. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and HDFC Nifty India Consumption Index Fund 0.44%.
Which has the lower expense ratio, Baroda BNP Paribas India Consumption Fund or HDFC Nifty India Consumption Index Fund?
HDFC Nifty India Consumption Index Fund charges less: 0.44% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas India Consumption Fund and HDFC Nifty India Consumption Index Fund overlap?
62.6%. They hold 19 of the same securities, the largest shared ones being BHARTIARTL, M&M, TITAN. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas India Consumption Fund and HDFC Nifty India Consumption Index Fund?
Yes. 62.6% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.