Baroda BNP Paribas India Consumption Fund vs LIC MF Consumption Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas India Consumption Fund is a Thematic fund and LIC MF Consumption Fund is a Thematic fund. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and LIC MF Consumption Fund 1.22% (Direct plans). Their portfolios overlap 31.3%: they hold 19 of the same securities.
Baroda BNP Paribas India Consumption Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹32.87
Which is better, Baroda BNP Paribas India Consumption or LIC MF Consumption? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Baroda BNP Paribas India Consumption costs less: 0.96% a year against 1.22% (Direct plans).
- LIC MF Consumption fell less in its worst fall since 25-11-2025: −14.8% against −15.7%.
- Baroda BNP Paribas India Consumption holds more in large companies: 72.4% of the fund in large caps against 36.7%.
- Baroda BNP Paribas India Consumption is the larger fund: ₹1,354 Cr against ₹424 Cr.
- Their portfolios overlap 31.3%: 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 | LIC MF Consumption Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | LIC Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹1,354 Cr (30-09-2026) | ₹424 Cr (30-09-2026) |
| NAV | ₹32.87 (Direct) | ₹9.16 (Direct) |
| Expense ratio (Direct) | 0.96% | 1.22% |
| Expense ratio (Regular) | 2.37% | 2.73% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty India Consumption TRI |
| Launch date | Not available | 21-11-2025 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Sumit Bhatnagar, Nikhil Kapoor |
| Exit load | Not available | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 90 days. |
Baroda BNP Paribas India Consumption vs LIC MF Consumption: 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% | -- | -- |
| LIC MF Consumption Fund (Direct) | −2.54% | −7.77% | −2.41% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Baroda BNP Paribas India Consumption vs LIC MF Consumption: Year-wise Returns
| Year | Baroda BNP Paribas IndiaBaroda BNP Paribas India Consumption | LIC MFLIC MF Consumption | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −8.33% | −8.21% | −9.10% |
| 2025 | +2.28% | -- | +9.22% |
| 2024 | +24.29% | -- | +19.77% |
| 2023 | +30.87% | -- | +27.96% |
Baroda BNP Paribas India Consumption vs LIC MF Consumption: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Baroda BNP Paribas India Consumption vs LIC MF Consumption: 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) | LIC MF Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.27% | −9.11% |
| Standard deviation | 12.34% | 14.76% |
| Sharpe ratio | 0.51 | -0.97 |
| Sortino ratio | 0.72 | -1.30 |
| Maximum drawdown | −21.4% (23-03-2026) | −14.8% (23-03-2026) |
| Beta | 0.88 | 0.87 |
| Alpha | +0.25% | −0.46% |
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)
LIC MF Consumption 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) | −15.7% | 26-11-2025 | 23-03-2026 | Not yet | -- | −8.7% |
| LIC MF Consumption Fund (Direct) | −14.8% | 26-11-2025 | 23-03-2026 | 03-08-2026 | 4 months | −9.8% |
| Nifty India Consumption TRI | −17.2% | 26-11-2025 | 30-03-2026 | Not yet | -- | −10.6% |
From daily values since 25-11-2025, the first day every fund has.
Baroda BNP Paribas India Consumption vs LIC MF Consumption: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas India Consumption Fund, September 2026; LIC MF Consumption Fund, September 2026
Holdings in common
- Overlap
- 31.3%
- Held by both
- 19
- Only in Baroda BNP Paribas India Consumption
- 19
- Only in LIC MF Consumption
- 34
| Security | % of Baroda BNP Paribas India Consumption | % of LIC MF Consumption |
|---|---|---|
| Eternal Limited | 5.67% | 5.28% |
| Bharti Airtel Limited | 7.14% | 3.45% |
| TVS Motor Company Limited | 5.00% | 2.41% |
| Leela Palaces Hotels & Resorts Limited | 2.12% | 2.67% |
| Marico Limited | 2.81% | 2.09% |
| Trent Limited | 2.84% | 2.03% |
| Mahindra & Mahindra Limited | 6.54% | 1.94% |
| InterGlobe Aviation Limited | 2.76% | 1.76% |
| Eicher Motors Limited | 5.28% | 1.73% |
| Britannia Industries Limited | 1.78% | 1.40% |
| Titan Company Limited | 7.79% | 1.31% |
| Radico Khaitan Limited | 2.74% | 1.31% |
| Apollo Hospitals Enterprise Limited | 2.41% | 1.13% |
| Vishal Mega Mart Limited | 0.97% | 2.38% |
| Varun Beverages Limited | 0.96% | 1.17% |
| Lenskart Solutions Limited | 2.78% | 0.59% |
| FSN E-Commerce Ventures Limited | 2.36% | 0.51% |
| Safari Industries (India) Limited | 0.27% | 1.74% |
| Arvind Fashions Limited | 0.08% | 2.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.3% means 31.3% 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 |
|---|---|
| Maruti Suzuki India Limited | 5.86% |
| The Phoenix Mills Limited | 3.43% |
| Nestle India Limited | 3.07% |
| Bajaj Auto Limited | 2.81% |
| ITC Limited | 2.76% |
Largest holdings only in LIC MF Consumption Fund
| Security | % of fund |
|---|---|
| The Indian Hotels Company Ltd. | 3.54% |
| ITC Hotels Ltd. | 2.99% |
| LG Electronics India Ltd. | 2.79% |
| MRS Bectors Food Specialities Ltd. | 2.71% |
| JK Cement Ltd. | 2.64% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas India Consumption | LIC MF Consumption |
|---|---|---|
| Equity | 97.2% | 93.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 2.8% | 6.1% |
Market cap of stocks
| Market cap | Baroda BNP Paribas India Consumption | LIC MF Consumption |
|---|---|---|
| Large Cap | 72.4% | 36.7% |
| Mid Cap | 17.9% | 28.7% |
| Small Cap | 5.8% | 28.0% |
| Not on AMFI's list | 1.2% | 0.5% |
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 | LIC MF Consumption |
|---|---|---|
| Automobiles | 26.3% | 7.8% |
| Retailing | 14.7% | 14.5% |
| Consumer Durables | 12.5% | 12.3% |
| Leisure Services | 3.3% | 9.2% |
| Telecom - Services | 8.3% | 3.5% |
| Food Products | 6.0% | 6.1% |
| Pharmaceuticals & Biotechnology | 0.0% | 5.5% |
| Diversified FMCG | 5.2% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
Baroda BNP Paribas India Consumption vs LIC MF Consumption: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas India Consumption Fund | LIC MF Consumption Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 1.22% |
| Base expense ratio (Direct) | 0.61% | 0.77% |
| Total expense ratio (Regular) | 2.37% | 2.73% |
| Base expense ratio (Regular) | 1.82% | 2.10% |
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 LIC MF Consumption Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas India Consumption Fund and LIC MF Consumption Fund?
Baroda BNP Paribas India Consumption Fund is a Thematic fund, LIC MF Consumption Fund is a Thematic fund, run by Baroda BNP Paribas Mutual Fund and LIC Mutual Fund. Their portfolios overlap 31.3%. Baroda BNP Paribas India Consumption Fund charges 0.96% a year and LIC MF Consumption Fund 1.22%.
Which has the lower expense ratio, Baroda BNP Paribas India Consumption Fund or LIC MF Consumption Fund?
Baroda BNP Paribas India Consumption Fund charges less: 0.96% a year against 1.22%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas India Consumption Fund and LIC MF Consumption Fund overlap?
31.3%. They hold 19 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, TVSMOTOR. From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas India Consumption Fund and LIC MF Consumption Fund?
Yes. 31.3% of each fund's money sits in the same holdings, so some 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.