Kotak Consumption Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Kotak Consumption Fund is a Thematic fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹1,660 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned −8.9% and its Regular plan returned −10.2%. Its benchmark, Nifty India Consumption TRI, returned −10.6% over the same year.

NAV (Direct plan): ₹13.88; ▼ 0.88%30-10-2026
NAV (Regular plan): ₹13.25; ▼ 0.88%30-10-2026
Expense ratio: 0.84%Direct2.30%Regular; 0.84%; A year
Riskometer: Very High; Set by the fund house
1 year return: −8.9%Direct−10.2%Regular; −8.9%; Total

Kotak Consumption Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹13.88 (down 0.88% that day); Regular Plan Growth ₹13.25 (down 0.88% that day).

This fund (Direct plan)

₹13.876

Kotak Consumption Fund Returns vs Nifty India Consumption TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−2.55%	−6.95%	−0.24%	−8.86%	--	--	--
This fund (Regular)	−2.67%	−7.29%	−0.97%	−10.21%	--	--	--
Nifty India Consumption TRI	+0.16%	−8.10%	−2.24%	−10.58%	+11.02%	+10.59%	+12.37%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	--	--	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	--	--	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	--	--	--
Rank in Thematic	131/235	173/232	117/232	174/215	--	--	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Kotak Consumption Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Consumption TRI
2026to date	−7.00%	−8.14%	−9.10%
2025	+8.69%	+7.02%	+9.22%
2024	+28.55%	+26.43%	+19.77%

Kotak Consumption Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 478 periods, one for each trading day from 22-11-2024 to 30-10-2026.

−20%−10%0%10%20%30%40%

Jan 2024
to
Jan 2025May 2024
to
May 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
to
Sept 2026

Kotak Consumption Fund (Direct)Nifty India Consumption TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	478	7.6%	−11.8%	36.7%	10%	5.1%	91%
2 years	230	9.7%	−2.8%	22.5%	11%	4.1%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	24	6.5%	−14.8%	32.7%	38%	3.9%	83%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty India Consumption TRI over the same days. Past returns do not promise future returns.

Kotak Consumption Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Kotak Consumption Fund (Direct)This fund	Nifty India Consumption TRI
Return (CAGR)	−8.86%	−10.58%
Standard deviation	15.72%	15.06%
Sharpe ratio	-0.90	-1.05
Sortino ratio	-1.19	-1.38
Maximum drawdown	−17.4% (23-03-2026)	−17.3% (30-03-2026)
Beta	0.95	1.00
Alpha	+0.88%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Kotak Consumption Fund (Direct)This fund	Nifty India Consumption TRI
Return (CAGR)	+11.70%	+9.22%
Standard deviation	14.09%	14.02%
Sharpe ratio	0.40	0.23
Sortino ratio	0.57	0.33
Maximum drawdown	−20.6% (04-03-2025)	−21.9% (04-03-2025)
Beta	0.91	1.00
Alpha	+2.76%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−25%−20%−15%−10%−5%0%

202420252026

Kotak Consumption Fund (Direct)Nifty India Consumption TRI

	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%
Nifty India Consumption TRI	−21.9%	26-09-2024	04-03-2025	Not yet	--	−13.4%

From the Direct plan's daily NAV since 22-11-2023, adjusted for unit splits, and Nifty India Consumption TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Kotak Consumption Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Kotak Consumption Fund	174/215	1,660	0.84%	−8.86%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Kotak Consumption Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.56%	0.05%	0.00%	0.23%	0.84%	1.18%	19/235
Regular	1.79%	0.05%	0.00%	0.46%	2.30%	2.41%	92/235

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−10.21%	−8.86%	1.35%	₹89,790	₹91,140

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Kotak Consumption Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹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
Direct planKotak Consumption Fund (Direct)	₹3,60,000	₹3,83,724	₹23,724	4.2%
Regular planKotak Consumption Fund (Regular)	₹3,60,000	₹3,74,344	₹14,344	2.6%
Nifty India Consumption TRI	₹3,60,000	₹3,64,866	₹4,866	0.9%
Category averageCategory average, 235 Thematic funds	₹3,60,000	₹3,88,915	₹28,915	5.1%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L₹5.0 L

202420252026

Direct planKotak Consumption Fund (Direct)Regular planKotak Consumption Fund (Regular)Nifty India Consumption TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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 Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.1%Equity

Asset	Fund	Category
Equity	100.1%	94.5%
Cash and others	−0.1%	4.0%

Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.

Market cap of stocks

Market cap	Fund	Category
Large Cap	38.7%	45.7%
Mid Cap	13.4%	19.6%
Small Cap	44.8%	24.1%
Not on AMFI's list	3.2%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Kotak Consumption Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Automobiles17.9%
Pharmaceuticals and Biotechnology15.0%
Consumer Durables13.6%
Retailing10.9%
Diversified FMCG6.9%
Telecom - Services6.6%
Leisure Services5.7%
Healthcare Services4.3%
Food Products4.2%
Entertainment4.1%

The ten largest of 17 sectors. The other 7 add up to 10.9%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Automobiles	18.8%	18.9%	17.9%	−0.9%
Pharmaceuticals and Biotechnology	12.3%	14.1%	15.0%	+2.7%
Consumer Durables	14.8%	14.0%	13.6%	−1.2%
Retailing	9.4%	10.2%	10.9%	+1.5%
Diversified FMCG	6.5%	6.7%	6.9%	+0.4%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Kotak Consumption Fund Portfolio Holdings

As on 30-09-2026 · 46 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
ETERNAL LIMITED	Retailing	7.87%	−2.4%
Maruti Suzuki India Limited	Automobiles	6.98%	0.0%
BHARTI AIRTEL LTD.	Telecom - Services	6.56%	0.0%
Hero MotoCorp Ltd.	Automobiles	5.31%	0.0%
Hindustan Unilever Ltd.	Diversified FMCG	3.51%	0.0%
ITC Ltd.	Diversified FMCG	3.42%	0.0%
PARK MEDI WORLD LIMITED (PARK HOSPITAL)	Healthcare Services	3.24%	0.0%
Barbeque Nation Hospitality Ltd.	Leisure Services	3.16%	0.0%
Ami Organics Ltd	Pharmaceuticals and Biotechnology	3.15%	0.0%
Britannia Industries Ltd.	Food Products	3.08%	0.0%
MIDWEST LTD	Consumer Durables	2.42%	0.0%
GREENPANEL INDUSTRIES LTD	Consumer Durables	2.35%	0.0%
Radico Khaitan Ltd.	Beverages	2.30%	0.0%
Ajanta Pharma Ltd.	Pharmaceuticals and Biotechnology	2.27%	0.0%
OLA ELECTRIC MOBILITY LIMITED	Automobiles	2.22%	0.0%
PVR LTD.	Entertainment	2.22%	−2.7%
Kajaria Ceramics Ltd.	Consumer Durables	2.15%	0.0%
SWIGGY LTD	Retailing	2.07%	0.0%
Crompton Greaves Consumer Electricals Limited	Consumer Durables	1.89%	0.0%
Whirlpool of India Ltd.	Consumer Durables	1.88%	0.0%
Sun TV Network Limited	Entertainment	1.85%	0.0%
Mahindra & Mahindra Ltd.	Automobiles	1.78%	0.0%
JUBILANT PHARMOVA LIMITED	Pharmaceuticals and Biotechnology	1.74%	0.0%
ORCHID PHARMA LIMITED	Pharmaceuticals and Biotechnology	1.72%	0.0%
Eicher Motors Ltd.	Automobiles	1.61%	0.0%
INNOVA CAPTABS LTD	Pharmaceuticals and Biotechnology	1.52%	0.0%
V.S.T Tillers Tractors Ltd	Agricultural, Commercial and Construction Vehicles	1.45%	0.0%
VIYASH SCIENTIFIC LTD	Pharmaceuticals and Biotechnology	1.42%	0.0%
GODREJ CONSUMER PRODUCTS LTD.	Personal Products	1.42%	0.0%
United Spirits Ltd	Beverages	1.41%	0.0%
Divis Laboratories Ltd.	Pharmaceuticals and Biotechnology	1.40%	0.0%
Pokarna Ltd.	Consumer Durables	1.38%	0.0%
Sapphire Foods India Ltd.	Leisure Services	1.32%	0.0%
Jubilant Foodworks Limited	Leisure Services	1.24%	0.0%
MOLBIO DIAGNOSTICS LIMITED	Healthcare Equipment and Supplies	1.14%	0.0%
AVANTI FEEDS LTD	Food Products	1.12%	0.0%
SHIPROCKET LIMITED	Transport Services	1.12%	0.0%
SUN PHARMACEUTICAL INDUSTRIES LTD.	Pharmaceuticals and Biotechnology	1.09%	0.0%
SUBROS LIMITED	Industrial Products	1.06%	0.0%
KRISHNA INSTITUTE OF MEDICAL	Healthcare Services	1.05%	0.0%
Indigo Paints Limited	Consumer Durables	0.98%	0.0%
SS RETAIL LTD	Retailing	0.96%	New
Emami Ltd.	Personal Products	0.77%	0.0%
CORONA REMEDIES LIMITED	Pharmaceuticals and Biotechnology	0.69%	0.0%
Century Plyboards (India) Ltd.	Consumer Durables	0.55%	0.0%
NAVNEET EDUCATION LTD	Household Products	0.27%	0.0%

Kotak Consumption Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

ETERNAL LIMITED	Reduced	−2.4%	7.87%
PVR LTD.	Reduced	−2.7%	2.22%
SS RETAIL LTD	New	New	0.96%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Kotak Consumption Fund bought and sold

Kotak Consumption Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
SBI Nifty India Consumption Index FundIndex · SBI	35.1%	11	Compare
HDFC Nifty India Consumption Index FundIndex · HDFC	35.1%	11	Compare
ICICI Prudential Nifty India Consumption ETFETF · ICICI Prudential	35.1%	11	Compare
SBI Nifty Consumption ETFETF · SBI	35.1%	11	Compare
Nippon India ETF Nifty India ConsumptionETF · Nippon India	35.1%	11	Compare
Axis NIFTY India Consumption ETFETF · Axis	35.1%	11	Compare
Kotak Nifty India Consumption ETFETF · Kotak Mahindra	35.1%	11	Compare
Edelweiss Consumption FundThematic · Edelweiss	35.0%	12	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Kotak Consumption Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.84%
Expense ratio (Regular): 2.30%
Category: Thematic
Risk: Very High
Benchmark: Nifty India Consumption TRI
Launch date: 16-11-2023
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹1,660.40 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152169
ISIN (Direct): INF174KA1PP8
Scheme code (Regular): 152170
ISIN (Regular): INF174KA1PM5
NAV history: From 22-11-2023, 2.9 years

Exit load: 0.5% for redemption within 90 Days

Tax on Kotak Consumption Fund returns

Kotak Consumption Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹13.876	30-10-2026
direct	IDCW	₹13.873	30-10-2026
regular	Growth	₹13.246	30-10-2026
regular	IDCW	₹13.244	30-10-2026

About Kotak Consumption Fund

Kotak Consumption Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Thematic. It was launched on 16-11-2023. Its benchmark is Nifty India Consumption TRI. At the end of September 2026 it held 46 securities.

Fund Manager

Devender Singhal
Fund manager of Kotak Consumption Fund
Abhishek Bisen
Fund manager of Kotak Consumption Fund

See all funds of Kotak Mahindra Mutual Fund

AUM change

September 2026: ₹1,660.40 Cr; −4.04% from August 2026
August 2026: ₹1,730.39 Cr; −1.62% from July 2026
July 2026: ₹1,758.97 Cr; +2.79% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Kotak Consumption Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Kotak Consumption vs Nippon India Taiwan EquityThematic
Kotak Consumption vs HDFC DefenceThematic
Kotak Consumption vs HDFC Pharma and HealthcareThematic
Kotak Consumption vs SBI Healthcare OpportunitiesThematic
Kotak Consumption vs Aditya Birla Sun Life International EquityThematic
Kotak Consumption vs SBI Nifty India Consumption Index35.1% overlap
Kotak Consumption vs HDFC Nifty India Consumption Index35.1% overlap
Kotak Consumption vs ICICI Prudential Nifty India Consumption ETF35.1% overlap

Compare with any other fund

Frequently Asked Questions for Kotak Consumption Fund

What is the current NAV of Kotak Consumption Fund?

The Direct plan NAV is ₹13.876. The Regular plan NAV is ₹13.246, as on 30-10-2026.

What are the returns of Kotak Consumption Fund?

The Direct plan returned −8.86% in 1 year. The Regular plan returned −10.21% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Kotak Consumption Fund?

The Direct plan charges 0.84% a year. The Regular plan charges 2.30% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Kotak Consumption Fund?

Kotak Consumption Fund managed ₹1,660.40 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Kotak Consumption Fund?

At the end of September 2026 the largest holdings were ETERNAL (7.87%), MARUTI (6.98%), BHARTIARTL (6.56%), HEROMOTOCO (5.31%), HINDUNILVR (3.51%). The fund held 46 securities in all.

What did Kotak Consumption Fund buy and sell in September 2026?

It bought 1 new stock: SS RETAIL LTD. It reduced 2.

How do I invest in Kotak Consumption Fund?

Through Kotak Mahindra Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Kotak Consumption Fund?

Devender Singhal, Abhishek Bisen.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.