Kotak Consumption Fund vs SBI Nifty Consumption ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Consumption Fund is a Thematic fund and SBI Nifty Consumption ETF is a mutual fund. In the year to 30-10-2026, Kotak Consumption Fund (Direct) returned −8.9% and SBI Nifty Consumption ETF (Regular) returned −10.8%. Kotak Consumption Fund charges 0.84% a year and SBI Nifty Consumption ETF 0.32%. Their portfolios overlap 35.1%: they hold 11 of the same securities.
Kotak Consumption Fund
Thematic
- 1 year return
- −8.9%
- Expense ratio
- 0.84%
- NAV
- ₹13.88
SBI Nifty Consumption ETF
- 1 year return
- −10.8%
- Expense ratio
- 0.32%
- NAV
- ₹114.62
Which is better, Kotak Consumption or SBI Nifty 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 Consumption returned more over 1 year: −8.9% against −10.8%.
- SBI Nifty Consumption ETF costs less: 0.32% a year against 0.84%.
- Kotak Consumption fell less in its worst fall since 22-11-2023: −20.6% against −22.0%.
- SBI Nifty Consumption ETF holds more in large companies: 88.1% of the fund in large caps against 38.7%.
- Kotak Consumption is the larger fund: ₹1,660 Cr against ₹20 Cr.
- Their portfolios overlap 35.1%: 11 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 | Kotak Consumption Fund | SBI Nifty Consumption ETF |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | SBI Mutual Fund |
| Category | Thematic | Not available |
| AUM | ₹1,660 Cr (30-09-2026) | ₹20 Cr (30-09-2026) |
| NAV | ₹13.88 (Direct) | ₹114.62 (Regular) |
| Expense ratio (Direct) | 0.84% | Not available |
| Expense ratio (Regular) | 2.30% | 0.32% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty India Consumption TRI | Not available |
| Launch date | 16-11-2023 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Devender Singhal, Abhishek Bisen | Not available |
| Exit load | 0.5% for redemption within 90 Days | Not available |
Kotak Consumption vs SBI Nifty 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 |
|---|---|---|---|---|---|---|---|
| Kotak Consumption Fund (Direct) | −2.55% | −6.95% | −0.24% | −8.86% | -- | -- | -- |
| SBI Nifty Consumption ETF (Regular) | +0.14% | −8.17% | −2.39% | −10.83% | +10.68% | +10.21% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Kotak Consumption vs SBI Nifty Consumption ETF: Year-wise Returns
| Year | Kotak ConsumptionKotak Consumption | SBI Nifty Consumption ETFSBI Nifty Consumption ETF | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −7.00% | −9.31% | −9.10% |
| 2025 | +8.69% | +8.89% | +9.22% |
| 2024 | +28.55% | +19.36% | +19.77% |
| 2023 | -- | +27.51% | +27.96% |
| 2022 | -- | +8.09% | +8.53% |
Kotak Consumption vs SBI Nifty Consumption ETF: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 478 of them, one for each trading day from 22-11-2024 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.
Kotak Consumption Fund (Direct)
SBI Nifty Consumption ETF (Regular)
Nifty India Consumption TRI
to
Jan 2025May 2024
to
May 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Consumption | 10.0 | 23.0 | 29.3 | 13.2 | 12.1 | 4.0 | 8.4 | 9.8% | 7.6% | −11.8% | 36.7% | 91% |
| SBI Nifty Consumption ETF | 24.0 | 26.1 | 27.3 | 12.7 | 3.7 | 2.3 | 3.9 | 5.5% | 4.8% | −14.5% | 31.3% | 0% |
| Nifty India Consumption TRI | 21.5 | 28.0 | 26.4 | 14.0 | 3.3 | 2.7 | 4.0 | 5.7% | 5.1% | −14.2% | 31.7% | -- |
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 22-11-2023. Past returns do not promise future returns.
Kotak Consumption vs SBI Nifty 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 22-11-2023 to 30-10-2026: 36 instalments, ₹3,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak ConsumptionKotak Consumption Fund (Direct) | ₹3,60,000 | ₹3,83,724 | ₹23,724 | 4.2% |
| SBI Nifty Consumption ETFSBI Nifty Consumption ETF (Regular) | ₹3,60,000 | ₹3,64,023 | ₹4,023 | 0.7% |
Kotak ConsumptionKotak Consumption Fund (Direct)
SBI Nifty Consumption ETFSBI Nifty Consumption ETF (Regular)
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.
Kotak Consumption vs SBI Nifty Consumption ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Consumption Fund (Direct) | SBI Nifty Consumption ETF (Regular) |
|---|---|---|
| Return (CAGR) | −8.86% | −10.83% |
| Standard deviation | 15.72% | 15.10% |
| Sharpe ratio | -0.90 | -1.06 |
| Sortino ratio | -1.19 | -1.39 |
| Maximum drawdown | −17.4% (23-03-2026) | −17.3% (31-03-2026) |
| Beta | 0.95 | 1.00 |
| Alpha | +0.88% | −0.26% |
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 | Kotak Consumption Fund (Direct) | SBI Nifty Consumption ETF (Regular) |
|---|---|---|
| Return (CAGR) | +11.70% | +11.70% |
| Standard deviation | 14.09% | 13.88% |
| Sharpe ratio | 0.40 | 0.43 |
| Sortino ratio | 0.57 | 0.61 |
| Maximum drawdown | −20.6% (04-03-2025) | −22.0% (04-03-2025) |
| Beta | 0.91 | 1.00 |
| Alpha | +2.76% | −0.37% |
From daily NAVs, 22-11-2023 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.
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.
Kotak Consumption Fund (Direct)
SBI Nifty Consumption ETF (Regular)
Nifty India Consumption TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Consumption Fund (Direct) | −20.6% | 23-09-2024 | 04-03-2025 | 17-10-2025 | 7 months | −9.2% |
| SBI Nifty Consumption ETF (Regular) | −22.0% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.9% |
| Nifty India Consumption TRI | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.4% |
From daily values since 22-11-2023, 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.
Kotak Consumption Fund (Direct)
SBI Nifty Consumption ETF (Regular)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Consumption Fund (Direct) | 99% | 83% | 5.77% |
| SBI Nifty Consumption ETF (Regular) | 99% | 100% | 0.03% |
From month-end values since 22-11-2023. 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.
Kotak Consumption vs SBI Nifty Consumption ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Consumption Fund, September 2026; SBI Nifty Consumption ETF, September 2026
Holdings in common
- Overlap
- 35.1%
- Held by both
- 11
- Only in Kotak Consumption
- 35
- Only in SBI Nifty Consumption ETF
- 19
| Security | % of Kotak Consumption | % of SBI Nifty Consumption ETF |
|---|---|---|
| ETERNAL LIMITED | 7.87% | 7.21% |
| BHARTI AIRTEL LTD. | 6.56% | 10.14% |
| Maruti Suzuki India Limited | 6.98% | 4.83% |
| Hindustan Unilever Ltd. | 3.51% | 5.18% |
| ITC Ltd. | 3.42% | 7.87% |
| Hero MotoCorp Ltd. | 5.31% | 2.11% |
| Mahindra & Mahindra Ltd. | 1.78% | 8.19% |
| Britannia Industries Ltd. | 3.08% | 1.77% |
| Eicher Motors Ltd. | 1.61% | 3.06% |
| United Spirits Ltd | 1.41% | 1.24% |
| GODREJ CONSUMER PRODUCTS LTD. | 1.42% | 1.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.1% means 35.1% 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 Kotak Consumption Fund
| Security | % of fund |
|---|---|
| PARK MEDI WORLD LIMITED (PARK HOSPITAL) | 3.24% |
| Barbeque Nation Hospitality Ltd. | 3.16% |
| Ami Organics Ltd | 3.15% |
| MIDWEST LTD | 2.42% |
| GREENPANEL INDUSTRIES LTD | 2.35% |
Largest holdings only in SBI Nifty Consumption ETF
| Security | % of fund |
|---|---|
| Titan Company Ltd. | 5.89% |
| Bajaj Auto Ltd. | 3.69% |
| Interglobe Aviation Ltd. | 3.51% |
| Asian Paints Ltd. | 3.37% |
| TVS Motor Company Ltd. | 3.00% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Consumption | SBI Nifty Consumption ETF |
|---|---|---|
| Equity | 100.1% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.1% | 0.0% |
Market cap of stocks
| Market cap | Kotak Consumption | SBI Nifty Consumption ETF |
|---|---|---|
| Large Cap | 38.7% | 88.1% |
| Mid Cap | 13.4% | 11.9% |
| Small Cap | 44.8% | 0.0% |
| Not on AMFI's list | 3.2% | 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 | Kotak Consumption | SBI Nifty Consumption ETF |
|---|---|---|
| Automobiles | 17.9% | 24.9% |
| Pharmaceuticals and Biotechnology | 15.0% | 0.0% |
| Consumer Durables | 13.6% | 10.9% |
| Retailing | 10.9% | 13.3% |
| Diversified FMCG | 6.9% | 13.1% |
| Telecom - Services | 6.6% | 10.1% |
| Healthcare Services | 4.3% | 6.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Consumption vs SBI Nifty Consumption ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Consumption Fund | SBI Nifty Consumption ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.84% | Not available |
| Base expense ratio (Direct) | 0.56% | 0.00% |
| Total expense ratio (Regular) | 2.30% | 0.32% |
| Base expense ratio (Regular) | 1.79% | 0.25% |
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
Kotak Consumption Fund vs SBI Nifty Consumption ETF: Frequently Asked Questions
What is the difference between Kotak Consumption Fund and SBI Nifty Consumption ETF?
Kotak Consumption Fund is a Thematic fund, SBI Nifty Consumption ETF is a mutual fund, run by Kotak Mahindra Mutual Fund and SBI Mutual Fund. Their portfolios overlap 35.1%. Kotak Consumption Fund charges 0.84% a year and SBI Nifty Consumption ETF 0.32%.
Which has given higher returns, Kotak Consumption Fund or SBI Nifty Consumption ETF?
Over 1 year: Kotak Consumption Fund −8.86%, SBI Nifty Consumption ETF −10.83%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Consumption Fund or SBI Nifty Consumption ETF?
SBI Nifty Consumption ETF charges less: 0.32% a year against 0.84%. These are the total expense ratios reported to AMFI.
How much do Kotak Consumption Fund and SBI Nifty Consumption ETF overlap?
35.1%. They hold 11 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, MARUTI. From each fund's latest monthly portfolio.
Can I invest in both Kotak Consumption Fund and SBI Nifty Consumption ETF?
Yes. 35.1% 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.