Union Consumption Fund vs UTI - India Consumer Fund
Direct Plan, Growth option · Data as on 30-10-2026
Union Consumption Fund is a Thematic fund and UTI - India Consumer Fund is a Thematic fund. Union Consumption Fund charges 1.37% a year and UTI - India Consumer Fund 1.72% (Direct plans). Their portfolios overlap 48.3%: they hold 21 of the same securities.
Which is better, Union Consumption or UTI - India Consumer? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Union Consumption costs less: 1.37% a year against 1.72% (Direct plans).
- UTI - India Consumer fell less in its worst fall since 26-12-2025: −16.6% against −16.8%.
- UTI - India Consumer holds more in large companies: 70.4% of the fund in large caps against 50.1%.
- UTI - India Consumer is the larger fund: ₹678 Cr against ₹314 Cr.
- Their portfolios overlap 48.3%: 21 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 | Union Consumption Fund | UTI - India Consumer Fund |
|---|---|---|
| Fund house | Union Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹314 Cr (30-09-2026) | ₹678 Cr (30-09-2026) |
| NAV | ₹9.56 (Direct) | ₹59.07 (Direct) |
| Expense ratio (Direct) | 1.37% | 1.72% |
| Expense ratio (Regular) | 2.69% | 2.43% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty India Consumption TRI | Nifty India Consumption TRI |
| Launch date | 22-12-2025 | 30-07-2007 |
| Minimum investment | ₹1,000 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Vinod Malviya, Sanjay Bembalkar | Vicky Punjabi |
| Exit load | Exit load of 1%, if redeemed within 1 Year. | 1.00% if redeemed before 30 days from the date of allotment. Nil if redeemed on or after 30 days from the date of allotment |
Union Consumption vs UTI - India Consumer: 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 |
|---|---|---|---|---|---|---|---|
| Union Consumption Fund (Direct) | +0.42% | −2.65% | +4.14% | -- | -- | -- | -- |
| UTI - India Consumer Fund (Direct) | −0.54% | −7.93% | −1.32% | −9.71% | +9.17% | +7.42% | +10.59% |
| 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.
Union Consumption vs UTI - India Consumer: Year-wise Returns
| Year | Union ConsumptionUnion Consumption | UTI - India ConsumerUTI - India Consumer | Nifty India Consumption TRI |
|---|---|---|---|
| 2026to date | −4.69% | −8.54% | −9.10% |
| 2025 | -- | +4.78% | +9.22% |
| 2024 | -- | +21.38% | +19.77% |
| 2023 | -- | +24.06% | +27.96% |
| 2022 | -- | −1.67% | +8.53% |
| 2021 | -- | +27.08% | +20.82% |
Union Consumption vs UTI - India Consumer: Rolling Returns
Every holding period of both funds, against Nifty India Consumption TRI, the benchmark of both
Union Consumption vs UTI - India Consumer: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Union Consumption Fund (Direct) | UTI - India Consumer Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.20% | +10.86% |
| Standard deviation | 15.32% | 14.53% |
| Sharpe ratio | -0.68 | 0.33 |
| Sortino ratio | -0.91 | 0.45 |
| Maximum drawdown | −16.8% (30-03-2026) | −29.7% (23-03-2020) |
| Beta | 0.91 | 0.89 |
| Alpha | +3.54% | −1.41% |
From daily NAVs, 26-12-2025 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.
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.
Union Consumption Fund (Direct)
UTI - India Consumer 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 |
|---|---|---|---|---|---|---|
| Union Consumption Fund (Direct) | −16.8% | 05-01-2026 | 30-03-2026 | 14-08-2026 | 5 months | −5.6% |
| UTI - India Consumer Fund (Direct) | −16.6% | 05-01-2026 | 23-03-2026 | 03-08-2026 | 4 months | −10.1% |
| Nifty India Consumption TRI | −15.8% | 31-12-2025 | 30-03-2026 | 03-08-2026 | 4 months | −9.5% |
From daily values since 26-12-2025, the first day every fund has.
Union Consumption vs UTI - India Consumer: Portfolio Overlap
From each fund's latest monthly portfolio: Union Consumption Fund, September 2026; UTI - India Consumer Fund, September 2026
Holdings in common
- Overlap
- 48.3%
- Held by both
- 21
- Only in Union Consumption
- 27
- Only in UTI - India Consumer
- 22
| Security | % of Union Consumption | % of UTI - India Consumer |
|---|---|---|
| Eternal Ltd. | 7.22% | 9.40% |
| Bharti Airtel Ltd. | 7.05% | 5.60% |
| Mahindra & Mahindra Ltd. | 5.27% | 9.22% |
| Maruti Suzuki India Ltd. | 4.78% | 5.23% |
| Trent Ltd. | 3.65% | 4.03% |
| Titan Company Ltd. | 3.63% | 7.43% |
| Tata Consumer Products Ltd. | 2.34% | 2.86% |
| The Phoenix Mills Ltd. | 2.04% | 2.16% |
| Hindustan Unilever Ltd. | 1.95% | 2.13% |
| Varun Beverages Ltd. | 3.79% | 1.69% |
| TVS Motor Company Ltd. | 1.65% | 3.66% |
| ITC Ltd. | 1.42% | 2.84% |
| Pidilite Industries Ltd. | 2.03% | 1.41% |
| Metro Brands Ltd. | 1.45% | 1.31% |
| Berger Paints India Ltd. | 1.66% | 1.09% |
| Blue Star Ltd. | 1.59% | 1.03% |
| LG Electronics India Ltd. | 2.94% | 0.55% |
| Radico Khaitan Ltd. | 3.30% | 0.45% |
| Dixon Technologies (India) Ltd. | 0.42% | 1.67% |
| Meesho Ltd. | 1.45% | 0.39% |
| Nestle India Ltd. | 0.37% | 3.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.3% means 48.3% 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 Union Consumption Fund
| Security | % of fund |
|---|---|
| FSN E-Commerce Ventures Ltd. | 2.85% |
| Zydus Wellness Ltd. | 2.83% |
| Ather Energy Ltd. | 2.70% |
| Honasa Consumer Ltd. | 2.67% |
| One 97 Communications Ltd. | 2.60% |
Largest holdings only in UTI - India Consumer Fund
| Security | % of fund |
|---|---|
| EQ - EICHER MOTORS LTD | 4.66% |
| EQ - HERO MOTOCORP LTD. | 2.35% |
| EQ - POLYCAB INDIA LTD | 2.00% |
| EQ - BAJAJ FINANCE LTD. | 1.87% |
| EQ - INFO-EDGE (INDIA) LTD. | 1.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Union Consumption | UTI - India Consumer |
|---|---|---|
| Equity | 98.7% | 98.0% |
| Debt | 0.1% | 0.0% |
| Cash and others | 1.2% | 2.0% |
Market cap of stocks
| Market cap | Union Consumption | UTI - India Consumer |
|---|---|---|
| Large Cap | 50.1% | 70.4% |
| Mid Cap | 25.4% | 17.0% |
| Small Cap | 20.4% | 10.0% |
| Not on AMFI's list | 2.8% | 0.6% |
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 | Union Consumption | UTI - India Consumer |
|---|---|---|
| Automobiles | 15.2% | 25.1% |
| Retailing | 19.9% | 19.4% |
| Consumer Durables | 13.0% | 13.6% |
| Beverages | 7.1% | 3.3% |
| Telecom - Services | 7.0% | 5.6% |
| Diversified FMCG | 3.4% | 5.0% |
| Agricultural Food & other Products | 4.8% | 2.9% |
| Food Products | 4.0% | 3.9% |
The six largest sectors of each fund's stocks, % of the fund.
Union Consumption vs UTI - India Consumer: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Union Consumption Fund | UTI - India Consumer Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.37% | 1.72% |
| Base expense ratio (Direct) | 0.94% | 1.40% |
| Total expense ratio (Regular) | 2.69% | 2.43% |
| Base expense ratio (Regular) | 2.10% | 2.05% |
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 Union Consumption with
Union Consumption Fund vs UTI - India Consumer Fund: Frequently Asked Questions
What is the difference between Union Consumption Fund and UTI - India Consumer Fund?
Union Consumption Fund is a Thematic fund, UTI - India Consumer Fund is a Thematic fund, run by Union Mutual Fund and UTI Mutual Fund. Their portfolios overlap 48.3%. Union Consumption Fund charges 1.37% a year and UTI - India Consumer Fund 1.72%.
Which has the lower expense ratio, Union Consumption Fund or UTI - India Consumer Fund?
Union Consumption Fund charges less: 1.37% a year against 1.72%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Union Consumption Fund and UTI - India Consumer Fund overlap?
48.3%. They hold 21 of the same securities, the largest shared ones being ETERNAL, BHARTIARTL, M&M. From each fund's latest monthly portfolio.
Which is riskier, Union Consumption Fund or UTI - India Consumer Fund?
On SEBI's riskometer, Union Consumption Fund is rated Very High and UTI - India Consumer Fund Very High. Over their common history, the standard deviation of daily returns was 15.32% and 14.53% a year.
Can I invest in both Union Consumption Fund and UTI - India Consumer Fund?
Yes. 48.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Union Consumption Fund and UTI - India Consumer Fund?
Union Consumption Fund: Vinod Malviya, Sanjay Bembalkar. UTI - India Consumer Fund: Vicky Punjabi.
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.