Canara Robeco Consumption Fund vs HDFC Nifty India Consumption Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Consumption Fund is a Thematic fund and HDFC Nifty India Consumption Index Fund is an Index fund. Canara Robeco Consumption Fund charges 0.96% a year and HDFC Nifty India Consumption Index Fund 0.44% (Direct plans). Their portfolios overlap 44.7%: they hold 16 of the same securities.
Canara Robeco Consumption Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹119.14
HDFC Nifty India Consumption Index Fund
Index
- Expense ratio
- 0.44%
- NAV
- ₹9.34
Which is better, Canara Robeco 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).
- HDFC Nifty India Consumption Index fell less in its worst fall since 18-02-2026: −13.3% against −15.0%.
- HDFC Nifty India Consumption Index holds more in large companies: 88.0% of the fund in large caps against 60.8%.
- Canara Robeco Consumption is the larger fund: ₹1,872 Cr against ₹105 Cr.
- Their portfolios overlap 44.7%: 16 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 | Canara Robeco Consumption Fund | HDFC Nifty India Consumption Index Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | HDFC Mutual Fund |
| Category | Thematic | Index |
| AUM | ₹1,872 Cr (30-09-2026) | ₹105 Cr (30-09-2026) |
| NAV | ₹119.14 (Direct) | ₹9.34 (Direct) |
| Expense ratio (Direct) | 0.96% | 0.44% |
| Expense ratio (Regular) | 2.18% | 0.88% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 14-09-2009 | 18-02-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | None |
| Fund managers | Ennette Fernandes / Mr. Shridatta Bhandwaldar | Nandita Menezes, Arun Agarwal |
| Exit load | 1% - If redeemed/switched out within 1 year from the date of allotment, Nil - if redeemed/switched out after 1 year from the date of allotment | NIL |
Canara Robeco 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 |
|---|---|---|---|---|---|---|---|
| Canara Robeco Consumption Fund (Direct) | −0.33% | −5.38% | −0.21% | −8.68% | +10.19% | +10.15% | +14.61% |
| 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% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Canara Robeco Consumption vs HDFC Nifty India Consumption Index: Year-wise Returns
| Year | Canara Robeco ConsumptionCanara Robeco Consumption | HDFC Nifty India Consumption IndexHDFC Nifty India Consumption Index | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −7.46% | -- | −9.10% |
| 2025 | +4.85% | -- | +9.22% |
| 2024 | +21.84% | -- | +19.77% |
| 2023 | +27.97% | -- | +27.96% |
| 2022 | +7.60% | -- | +8.53% |
| 2021 | +31.90% | -- | +20.82% |
Canara Robeco Consumption vs HDFC Nifty India Consumption Index: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Canara Robeco 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 | Canara Robeco Consumption Fund (Direct) | HDFC Nifty India Consumption Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.33% | −9.25% |
| Standard deviation | 15.89% | 16.56% |
| Sharpe ratio | 0.58 | -0.88 |
| Sortino ratio | 0.80 | -1.15 |
| Maximum drawdown | −34.7% (23-03-2020) | −13.3% (31-03-2026) |
| Beta | 0.93 | 1.00 |
| Alpha | +2.80% | −0.31% |
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.
Canara Robeco 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 |
|---|---|---|---|---|---|---|
| Canara Robeco Consumption Fund (Direct) | −15.0% | 18-02-2026 | 30-03-2026 | 31-07-2026 | 4 months | −7.6% |
| 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.
Canara Robeco Consumption vs HDFC Nifty India Consumption Index: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Consumption Fund, September 2026; HDFC Nifty India Consumption Index Fund, September 2026
Holdings in common
- Overlap
- 44.7%
- Held by both
- 16
- Only in Canara Robeco Consumption
- 28
- Only in HDFC Nifty India Consumption Index
- 13
| Security | % of Canara Robeco Consumption | % of HDFC Nifty India Consumption Index |
|---|---|---|
| Eternal Ltd | 8.03% | 7.20% |
| Bharti Airtel Ltd | 6.05% | 10.12% |
| Mahindra & Mahindra Ltd | 5.01% | 8.18% |
| Maruti Suzuki India Ltd | 4.12% | 4.83% |
| Titan Co Ltd | 3.01% | 5.89% |
| Trent Ltd | 2.21% | 2.71% |
| Bajaj Auto Ltd | 2.17% | 3.68% |
| Indian Hotels Co Ltd | 2.28% | 1.99% |
| Asian Paints Ltd | 1.92% | 3.37% |
| Interglobe Aviation Ltd | 1.89% | 3.50% |
| Varun Beverages Ltd | 3.00% | 1.83% |
| Britannia Industries Ltd | 3.57% | 1.77% |
| ITC Ltd | 1.58% | 7.86% |
| Info Edge (India) Ltd | 1.88% | 1.47% |
| United Spirits Ltd | 2.24% | 1.25% |
| TVS Motor Co Ltd | 1.21% | 3.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 44.7% means 44.7% 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 Canara Robeco Consumption Fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd | 4.82% |
| Bajaj Finance Ltd | 4.25% |
| Samvardhana Motherson International Ltd | 3.52% |
| Lenskart Solutions Ltd | 3.48% |
| ICICI Bank Ltd | 2.79% |
Largest holdings only in HDFC Nifty India Consumption Index Fund
| Security | % of fund |
|---|---|
| Hindustan Unilever Ltd. | 5.18% |
| Eicher Motors Ltd. | 3.06% |
| Nestle India Ltd. | 2.92% |
| Apollo Hospitals Enterprise Ltd. | 2.61% |
| Torrent Pharmaceuticals Ltd. | 2.16% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Equity | 96.4% | 98.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.6% | 1.3% |
Market cap of stocks
| Market cap | Canara Robeco Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Large Cap | 60.8% | 88.0% |
| Mid Cap | 17.0% | 10.7% |
| Small Cap | 18.5% | 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 | Canara Robeco Consumption | HDFC Nifty India Consumption Index |
|---|---|---|
| Automobiles | 12.5% | 24.9% |
| Retailing | 20.1% | 13.3% |
| Diversified FMCG | 1.6% | 13.0% |
| Consumer Durables | 9.4% | 11.0% |
| Telecom - Services | 6.0% | 10.1% |
| Finance | 7.8% | 0.0% |
| Banks | 7.6% | 0.0% |
| Healthcare Services | 0.0% | 4.8% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Consumption vs HDFC Nifty India Consumption Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Consumption Fund | HDFC Nifty India Consumption Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 0.44% |
| Base expense ratio (Direct) | 0.73% | 0.30% |
| Total expense ratio (Regular) | 2.18% | 0.88% |
| Base expense ratio (Regular) | 1.78% | 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.
More comparisons
Each fund against the others of its category
Compare Canara Robeco Consumption with
Canara Robeco Consumption Fund vs HDFC Nifty India Consumption Index Fund: Frequently Asked Questions
What is the difference between Canara Robeco Consumption Fund and HDFC Nifty India Consumption Index Fund?
Canara Robeco Consumption Fund is a Thematic fund, HDFC Nifty India Consumption Index Fund is an Index fund, run by Canara Robeco Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 44.7%. Canara Robeco Consumption Fund charges 0.96% a year and HDFC Nifty India Consumption Index Fund 0.44%.
Which has the lower expense ratio, Canara Robeco 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 Canara Robeco Consumption Fund and HDFC Nifty India Consumption Index Fund overlap?
44.7%. They hold 16 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, M&M. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Consumption Fund or HDFC Nifty India Consumption Index Fund?
On SEBI's riskometer, Canara Robeco Consumption Fund is rated Very High and HDFC Nifty India Consumption Index Fund Very High. Over their common history, the standard deviation of daily returns was 15.89% and 16.56% a year.
Can I invest in both Canara Robeco Consumption Fund and HDFC Nifty India Consumption Index Fund?
Yes. 44.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Canara Robeco Consumption Fund and HDFC Nifty India Consumption Index Fund?
Canara Robeco Consumption Fund: Ennette Fernandes / Mr. Shridatta Bhandwaldar. HDFC Nifty India Consumption Index Fund: Nandita Menezes, Arun Agarwal.
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.