Kotak Nifty India Consumption ETF vs Nippon India Consumption Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Kotak Nifty India Consumption ETF is an ETF fund and Nippon India Consumption Fund is a Thematic fund. In the 3 years to 30-10-2026, Kotak Nifty India Consumption ETF returned 10.9% a year and Nippon India Consumption Fund (Direct) returned 8.5% a year. Kotak Nifty India Consumption ETF charges 0.13% a year and Nippon India Consumption Fund 0.91%. Their portfolios overlap 54.7%: they hold 19 of the same securities.
Kotak Nifty India Consumption ETF
ETF
- 3 year return
- 10.9%
- Expense ratio
- 0.13%
- NAV
- ₹11.43
Nippon India Consumption Fund
Thematic
- 3 year return
- 8.5%
- Expense ratio
- 0.91%
- NAV
- ₹204.46
Which is better, Kotak Nifty India Consumption ETF or Nippon India Consumption? 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 8.5%.
- Kotak Nifty India Consumption ETF returned more over 1 year: −10.6% against −11.3%.
- Kotak Nifty India Consumption ETF costs less: 0.13% a year against 0.91%.
- Nippon India Consumption swung less over 3 years: a standard deviation of 13.1% a year against 13.9%.
- Kotak Nifty India Consumption ETF fell less in its worst fall since 03-08-2022: −21.9% against −23.9%.
- Kotak Nifty India Consumption ETF holds more in large companies: 88.1% of the fund in large caps against 69.1%.
- Nippon India Consumption is the larger fund: ₹2,255 Cr against ₹32 Cr.
- Their portfolios overlap 54.7%: 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 | Kotak Nifty India Consumption ETF | Nippon India Consumption Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | ETF | Thematic |
| AUM | ₹32 Cr (30-09-2026) | ₹2,255 Cr (30-09-2026) |
| NAV | ₹11.43 | ₹204.46 (Direct) |
| Expense ratio (Direct) | Not available | 0.91% |
| Expense ratio (Regular) | Not available | 2.20% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 28-07-2022 | 30-09-2004 |
| Minimum investment | 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 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar | Kinjal Desai |
| Exit load | NIL | Exit load of 1% if redeemed within 1 month. |
Kotak Nifty India Consumption ETF vs Nippon India 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 |
|---|---|---|---|---|---|---|---|
| Kotak Nifty India Consumption ETF | +0.16% | −8.12% | −2.25% | −10.62% | +10.88% | -- | -- |
| Nippon India Consumption Fund (Direct) | −1.62% | −8.78% | −2.35% | −11.34% | +8.47% | +10.81% | +12.40% |
| 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.
Kotak Nifty India Consumption ETF vs Nippon India Consumption: Year-wise Returns
| Year | Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF | Nippon India ConsumptionNippon India Consumption | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −9.12% | −9.20% | −9.10% |
| 2025 | +9.06% | +4.47% | +9.22% |
| 2024 | +19.55% | +20.27% | +19.77% |
| 2023 | +27.67% | +28.29% | +27.96% |
| 2022 | -- | +15.71% | +8.53% |
| 2021 | -- | +33.19% | +20.82% |
Kotak Nifty India Consumption ETF vs Nippon India Consumption: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 305 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.
Kotak Nifty India Consumption ETF
Nippon India Consumption Fund (Direct)
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Nippon India Consumption | 0.0 | 0.0 | 10.9 | 38.5 | 50.7 | 0.0 | 0.0 | 14.4% | 15.0% | 7.0% | 19.2% | 14% |
| Nifty India Consumption TRI | 0.0 | 0.0 | 3.9 | 36.4 | 59.7 | 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.
Kotak Nifty India Consumption ETF vs Nippon India Consumption: 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 03-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF | ₹5,10,000 | ₹5,84,304 | ₹74,304 | 6.4% |
| Nippon India ConsumptionNippon India Consumption Fund (Direct) | ₹5,10,000 | ₹5,66,698 | ₹56,698 | 4.9% |
Kotak Nifty India Consumption ETFKotak Nifty India Consumption ETF
Nippon India ConsumptionNippon India Consumption Fund (Direct)
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 Nifty India Consumption ETF vs Nippon India Consumption: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty India Consumption ETF | Nippon India Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.62% | −11.34% |
| Standard deviation | 15.10% | 14.82% |
| Sharpe ratio | -1.05 | -1.12 |
| Sortino ratio | -1.37 | -1.47 |
| Maximum drawdown | −17.3% (30-03-2026) | −18.5% (31-03-2026) |
| Beta | 1.00 | 0.96 |
| Alpha | −0.05% | −1.39% |
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 Nifty India Consumption ETF | Nippon India Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.88% | +8.47% |
| Standard deviation | 13.90% | 13.07% |
| Sharpe ratio | 0.35 | 0.19 |
| Sortino ratio | 0.50 | 0.26 |
| Maximum drawdown | −21.9% (04-03-2025) | −23.9% (31-03-2026) |
| Beta | 1.00 | 0.90 |
| Alpha | −0.13% | −2.05% |
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 | Kotak Nifty India Consumption ETF | Nippon India Consumption Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.86% | +12.59% |
| Standard deviation | 12.94% | 15.56% |
| Sharpe ratio | 0.29 | 0.42 |
| Sortino ratio | 0.40 | 0.58 |
| Maximum drawdown | −21.9% (04-03-2025) | −31.0% (23-03-2020) |
| Beta | 1.00 | 0.85 |
| Alpha | −0.20% | +0.59% |
From daily NAVs, 03-08-2022 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.
Kotak Nifty India Consumption ETF
Nippon India 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 |
|---|---|---|---|---|---|---|
| Kotak Nifty India Consumption ETF | −21.9% | 26-09-2024 | 04-03-2025 | Not yet | -- | −13.6% |
| Nippon India Consumption Fund (Direct) | −23.9% | 26-09-2024 | 31-03-2026 | Not yet | -- | −17.2% |
| 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.
Kotak Nifty India Consumption ETF
Nippon India Consumption Fund (Direct)
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.
Kotak Nifty India Consumption ETF
Nippon India Consumption Fund (Direct)
Nifty India Consumption TRI
Against Nifty India Consumption TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Kotak Nifty India Consumption ETF | 100% | 100% | 0.06% |
| Nippon India Consumption Fund (Direct) | 93% | 86% | 4.52% |
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.
Kotak Nifty India Consumption ETF vs Nippon India Consumption: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty India Consumption ETF, September 2026; Nippon India Consumption Fund, September 2026
Holdings in common
- Overlap
- 54.7%
- Held by both
- 19
- Only in Kotak Nifty India Consumption ETF
- 11
- Only in Nippon India Consumption
- 26
| Security | % of Kotak Nifty India Consumption ETF | % of Nippon India Consumption |
|---|---|---|
| Mahindra & Mahindra Ltd. | 8.19% | 9.28% |
| ETERNAL LIMITED | 7.20% | 8.04% |
| Hindustan Unilever Ltd. | 5.18% | 6.52% |
| Bajaj Auto Ltd. | 3.69% | 4.34% |
| Asian Paints(India) Ltd. | 3.37% | 3.43% |
| Inter Globe Aviation Ltd | 3.51% | 3.24% |
| TVS Motor Company Ltd. | 3.00% | 3.64% |
| TRENT LTD | 2.71% | 3.60% |
| ITC Ltd. | 7.87% | 1.99% |
| TATA CONSUMER PRODUCTS LTD. | 1.92% | 2.73% |
| Avenue Supermarts Ltd | 1.91% | 1.87% |
| Maruti Suzuki India Limited | 4.83% | 1.85% |
| Varun Beverages Limited | 1.84% | 3.50% |
| BHARTI AIRTEL LTD. | 10.14% | 1.79% |
| TITAN COMPANY LTD. | 5.89% | 1.77% |
| Britannia Industries Ltd. | 1.77% | 3.33% |
| United Spirits Ltd | 1.24% | 2.47% |
| GODREJ CONSUMER PRODUCTS LTD. | 1.06% | 2.64% |
| Eicher Motors Ltd. | 3.07% | 1.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.7% means 54.7% 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 Kotak Nifty India Consumption ETF
| Security | % of fund |
|---|---|
| Nestle India Ltd. | 2.92% |
| Apollo Hospitals Enterprise Ltd. | 2.61% |
| TORRENT PHARMACEUTICALS LTD. | 2.19% |
| Max Healthcare Institute Ltd. | 2.15% |
| Hero MotoCorp Ltd. | 2.11% |
Largest holdings only in Nippon India Consumption Fund
| Security | % of fund |
|---|---|
| FSN E-Commerce Ventures Limited | 2.91% |
| Bluestone Jewellery and Lifestyle Limited | 2.84% |
| Zydus Wellness Limited | 2.48% |
| United Breweries Limited | 2.15% |
| LG Electronics India Ltd | 2.13% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty India Consumption ETF | Nippon India Consumption |
|---|---|---|
| Equity | 100.0% | 99.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.5% |
Market cap of stocks
| Market cap | Kotak Nifty India Consumption ETF | Nippon India Consumption |
|---|---|---|
| Large Cap | 88.1% | 69.1% |
| Mid Cap | 11.9% | 16.6% |
| Small Cap | 0.0% | 13.8% |
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 Nifty India Consumption ETF | Nippon India Consumption |
|---|---|---|
| Automobiles | 24.9% | 20.2% |
| Retailing | 13.3% | 17.6% |
| Diversified FMCG | 13.1% | 8.5% |
| Consumer Durables | 10.9% | 12.3% |
| Telecom - Services | 10.1% | 1.8% |
| Beverages | 3.1% | 8.4% |
| Food Products | 4.7% | 6.3% |
| Healthcare Services | 6.0% | 1.0% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Nifty India Consumption ETF vs Nippon India Consumption: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty India Consumption ETF | Nippon India Consumption Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.91% |
| Base expense ratio (Direct) | 0.00% | 0.62% |
| Total expense ratio (Regular) | Not available | 2.20% |
| Base expense ratio (Regular) | 0.08% | 1.74% |
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 Nippon India Consumption with
Kotak Nifty India Consumption ETF vs Nippon India Consumption Fund: Frequently Asked Questions
What is the difference between Kotak Nifty India Consumption ETF and Nippon India Consumption Fund?
Kotak Nifty India Consumption ETF is an ETF fund, Nippon India Consumption Fund is a Thematic fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 54.7%. Kotak Nifty India Consumption ETF charges 0.13% a year and Nippon India Consumption Fund 0.91%.
Which has given higher returns, Kotak Nifty India Consumption ETF or Nippon India Consumption Fund?
Over 1 year: Kotak Nifty India Consumption ETF −10.62%, Nippon India Consumption Fund −11.34%. Over 3 years: Kotak Nifty India Consumption ETF +10.88% a year, Nippon India Consumption Fund +8.47% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty India Consumption ETF or Nippon India Consumption Fund?
Kotak Nifty India Consumption ETF charges less: 0.13% a year against 0.91%. These are the total expense ratios reported to AMFI.
How much do Kotak Nifty India Consumption ETF and Nippon India Consumption Fund overlap?
54.7%. They hold 19 of the same securities, the largest shared ones being M&M, ETERNAL, HINDUNILVR. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty India Consumption ETF or Nippon India Consumption Fund?
On SEBI's riskometer, Kotak Nifty India Consumption ETF is rated Very High and Nippon India Consumption Fund Very High. Over 3 years, the standard deviation of daily returns was 13.90% and 13.07% a year.
Which is better for SIP, Kotak Nifty India Consumption ETF or Nippon India Consumption Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,78,687 in Kotak Nifty India Consumption ETF (XIRR 1.5% a year) and ₹3,65,676 in Nippon India Consumption Fund (XIRR -0.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Nifty India Consumption ETF and Nippon India Consumption Fund?
Yes. 54.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Nifty India Consumption ETF and Nippon India Consumption Fund?
Kotak Nifty India Consumption ETF: Satish Dondapati, Abhishek Bisen, Jeetu Valechha Sonar. Nippon India Consumption Fund: Kinjal Desai.
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.