Baroda BNP Paribas India Consumption Fund vs Kotak Nifty India Consumption ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Baroda BNP Paribas India Consumption Fund is a Thematic fund and Kotak Nifty India Consumption ETF is an ETF fund. In the 3 years to 30-10-2026, Baroda BNP Paribas India Consumption Fund (Direct) returned 9.5% a year and Kotak Nifty India Consumption ETF returned 10.9% a year. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and Kotak Nifty India Consumption ETF 0.13%. Their portfolios overlap 62.6%: they hold 19 of the same securities.
Baroda BNP Paribas India Consumption Fund
Thematic
- 3 year return
- 9.5%
- Expense ratio
- 0.96%
- NAV
- ₹32.87
Kotak Nifty India Consumption ETF
ETF
- 3 year return
- 10.9%
- Expense ratio
- 0.13%
- NAV
- ₹11.43
Which is better, Baroda BNP Paribas India Consumption or Kotak Nifty India Consumption ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Nifty India Consumption ETF returned more over 3 years: 10.9% a year against 9.5%.
- Baroda BNP Paribas India Consumption returned more over 1 year: −8.9% against −10.6%.
- Kotak Nifty India Consumption ETF costs less: 0.13% a year against 0.96%.
- Baroda BNP Paribas India Consumption swung less over 3 years: a standard deviation of 13.1% a year against 13.9%.
- Baroda BNP Paribas India Consumption fell less in its worst fall since 03-08-2022: −21.4% against −21.9%.
- Kotak Nifty India Consumption ETF holds more in large companies: 88.1% of the fund in large caps against 72.4%.
- Baroda BNP Paribas India Consumption is the larger fund: ₹1,354 Cr against ₹32 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 | Kotak Nifty India Consumption ETF |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Thematic | ETF |
| AUM | ₹1,354 Cr (30-09-2026) | ₹32 Cr (30-09-2026) |
| NAV | ₹32.87 (Direct) | ₹11.43 |
| Expense ratio (Direct) | 0.96% | Not available |
| Expense ratio (Regular) | 2.37% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty India Consumption TRI |
| Launch date | Not available | 28-07-2022 |
| Minimum investment | Not available | Ongoing purchases directly from the Mutual Fund would be restricted to Market Makers/ Market Makers and Large Investors provided the value of units to be purchased in creation unit size or in multiples thereof. Market Makers and Large Investors may buy th |
| Lock in | Not available | None |
| Fund managers | Not available | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar |
| Exit load | Not available | NIL |
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: 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% | -- | -- |
| Kotak Nifty India Consumption ETF | +0.16% | −8.12% | −2.25% | −10.62% | +10.88% | -- | -- |
| 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 Kotak Nifty India Consumption ETF: Year-wise Returns
| Year | Baroda BNP Paribas India ConsumptionBaroda BNP Paribas India Consumption | Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −8.33% | −9.12% | −9.10% |
| 2025 | +2.28% | +9.06% | +9.22% |
| 2024 | +24.29% | +19.55% | +19.77% |
| 2023 | +30.87% | +27.67% | +27.96% |
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 304 of them, one for each trading day from 04-08-2025 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.
Baroda BNP Paribas India Consumption Fund (Direct)
Kotak Nifty India Consumption ETF
Nifty India Consumption TRI
to
Sept 2025Nov 2022
to
Nov 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas India Consumption | 0.0 | 0.0 | 9.2 | 37.2 | 53.6 | 0.0 | 0.0 | 14.7% | 15.6% | 7.4% | 19.0% | 18% |
| Kotak Nifty India Consumption ETF | 0.0 | 0.0 | 4.3 | 37.4 | 58.4 | 0.0 | 0.0 | 15.3% | 16.2% | 8.9% | 19.1% | 0% |
| Nifty India Consumption TRI | 0.0 | 0.0 | 3.9 | 36.5 | 59.5 | 0.0 | 0.0 | 15.5% | 16.4% | 9.1% | 19.4% | -- |
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 03-08-2022. Past returns do not promise future returns.
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: 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 01-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas India ConsumptionBaroda BNP Paribas India Consumption Fund (Direct) | ₹5,10,000 | ₹5,80,260 | ₹70,260 | 6.0% |
| Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF | ₹5,10,000 | ₹5,84,304 | ₹74,304 | 6.4% |
Baroda BNP Paribas India ConsumptionBaroda BNP Paribas India Consumption Fund (Direct)
Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF
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.
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: 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) | Kotak Nifty India Consumption ETF |
|---|---|---|
| Return (CAGR) | −8.93% | −10.62% |
| Standard deviation | 13.81% | 15.10% |
| Sharpe ratio | -1.03 | -1.05 |
| Sortino ratio | -1.34 | -1.37 |
| Maximum drawdown | −16.0% (23-03-2026) | −17.3% (30-03-2026) |
| Beta | 0.90 | 1.00 |
| Alpha | −0.01% | −0.05% |
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 | Baroda BNP Paribas India Consumption Fund (Direct) | Kotak Nifty India Consumption ETF |
|---|---|---|
| Return (CAGR) | +9.52% | +10.88% |
| Standard deviation | 13.05% | 13.90% |
| Sharpe ratio | 0.27 | 0.35 |
| Sortino ratio | 0.38 | 0.50 |
| Maximum drawdown | −21.4% (23-03-2026) | −21.9% (04-03-2025) |
| Beta | 0.91 | 1.00 |
| Alpha | −1.02% | −0.13% |
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 | Baroda BNP Paribas India Consumption Fund (Direct) | Kotak Nifty India Consumption ETF |
|---|---|---|
| Return (CAGR) | +12.27% | +9.86% |
| Standard deviation | 12.34% | 12.94% |
| Sharpe ratio | 0.51 | 0.29 |
| Sortino ratio | 0.72 | 0.40 |
| Maximum drawdown | −21.4% (23-03-2026) | −21.9% (04-03-2025) |
| Beta | 0.88 | 1.00 |
| Alpha | +0.25% | −0.20% |
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)
Kotak Nifty India Consumption ETF
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) | −21.4% | 23-09-2024 | 23-03-2026 | Not yet | -- | −14.9% |
| Kotak Nifty India Consumption ETF | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.6% |
| Nifty India Consumption TRI | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.4% |
From daily values since 03-08-2022, 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.
Baroda BNP Paribas India Consumption Fund (Direct)
Kotak Nifty India Consumption ETF
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.
Baroda BNP Paribas India Consumption Fund (Direct)
Kotak Nifty India Consumption ETF
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Baroda BNP Paribas India Consumption Fund (Direct) | 92% | 84% | 3.86% |
| Kotak Nifty India Consumption ETF | 100% | 100% | 0.06% |
From month-end values since 03-08-2022. 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.
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas India Consumption Fund, September 2026; Kotak Nifty India Consumption ETF, September 2026
Holdings in common
- Overlap
- 62.6%
- Held by both
- 19
- Only in Baroda BNP Paribas India Consumption
- 19
- Only in Kotak Nifty India Consumption ETF
- 11
| Security | % of Baroda BNP Paribas India Consumption | % of Kotak Nifty India Consumption ETF |
|---|---|---|
| Bharti Airtel Limited | 7.14% | 10.14% |
| Mahindra & Mahindra Limited | 6.54% | 8.19% |
| 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% | 3.07% |
| TVS Motor Company Limited | 5.00% | 3.00% |
| Nestle India Limited | 3.07% | 2.92% |
| Bajaj Auto Limited | 2.81% | 3.69% |
| ITC Limited | 2.76% | 7.87% |
| InterGlobe Aviation Limited | 2.76% | 3.51% |
| 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% | 1.84% |
| Dixon Technologies (India) Limited | 0.73% | 1.69% |
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 Kotak Nifty India Consumption ETF
| Security | % of fund |
|---|---|
| TORRENT PHARMACEUTICALS LTD. | 2.19% |
| Max Healthcare Institute Ltd. | 2.15% |
| Hero MotoCorp Ltd. | 2.11% |
| INDIAN HOTELS CO LTD | 1.99% |
| Avenue Supermarts Ltd | 1.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas India Consumption | Kotak Nifty India Consumption ETF |
|---|---|---|
| Equity | 97.2% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.8% | 0.0% |
Market cap of stocks
| Market cap | Baroda BNP Paribas India Consumption | Kotak Nifty India Consumption ETF |
|---|---|---|
| Large Cap | 72.4% | 88.1% |
| Mid Cap | 17.9% | 11.9% |
| 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 | Kotak Nifty India Consumption ETF |
|---|---|---|
| Automobiles | 26.3% | 24.9% |
| Retailing | 14.7% | 13.3% |
| Diversified FMCG | 5.2% | 13.1% |
| Consumer Durables | 12.5% | 10.9% |
| Telecom - Services | 8.3% | 10.1% |
| Healthcare Services | 3.5% | 6.0% |
| Food Products | 6.0% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas India Consumption vs Kotak Nifty India Consumption ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas India Consumption Fund | Kotak Nifty India Consumption ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | Not available |
| Base expense ratio (Direct) | 0.61% | 0.00% |
| Total expense ratio (Regular) | 2.37% | Not available |
| Base expense ratio (Regular) | 1.82% | 0.08% |
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 Kotak Nifty India Consumption ETF: Frequently Asked Questions
What is the difference between Baroda BNP Paribas India Consumption Fund and Kotak Nifty India Consumption ETF?
Baroda BNP Paribas India Consumption Fund is a Thematic fund, Kotak Nifty India Consumption ETF is an ETF fund, run by Baroda BNP Paribas Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 62.6%. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and Kotak Nifty India Consumption ETF 0.13%.
Which has given higher returns, Baroda BNP Paribas India Consumption Fund or Kotak Nifty India Consumption ETF?
Over 1 year: Baroda BNP Paribas India Consumption Fund −8.93%, Kotak Nifty India Consumption ETF −10.62%. Over 3 years: Baroda BNP Paribas India Consumption Fund +9.52% a year, Kotak Nifty India Consumption ETF +10.88% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas India Consumption Fund or Kotak Nifty India Consumption ETF?
Kotak Nifty India Consumption ETF charges less: 0.13% a year against 0.96%. These are the total expense ratios reported to AMFI.
How much do Baroda BNP Paribas India Consumption Fund and Kotak Nifty India Consumption ETF 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.
Which is better for SIP, Baroda BNP Paribas India Consumption Fund or Kotak Nifty India Consumption ETF?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,74,320 in Baroda BNP Paribas India Consumption Fund (XIRR 0.7% a year) and ₹3,78,687 in Kotak Nifty India Consumption ETF (XIRR 1.5% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Baroda BNP Paribas India Consumption Fund and Kotak Nifty India Consumption ETF?
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.