Motilal Oswal Consumption Fund

ThematicDirect and Regular plans, Growth option

Data as on 30-10-2026

Motilal Oswal Consumption Fund is a Thematic fund run by Motilal Oswal Mutual Fund. On 30-09-2026, it managed ₹1,159 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 9.5% and its Regular plan returned 7.7%. Its benchmark, Nifty India Consumption TRI, returned −10.6% over the same year.

NAV (Direct plan): ₹10.96; ▼ 1.35%30-10-2026
NAV (Regular plan): ₹10.78; ▼ 1.36%30-10-2026
Expense ratio: 0.85%Direct2.34%Regular; 0.85%; A year
Riskometer: Very High; Set by the fund house
1 year return: 9.5%Direct7.7%Regular; 9.5%; Total

Motilal Oswal Consumption Fund NAV Today

NAV on 30-10-2026: Direct Plan ₹10.96 (down 1.35% that day); Regular Plan Growth ₹10.78 (down 1.36% that day).

This fund (Regular plan)

₹10.7777

Motilal Oswal 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)	−2.50%	+0.67%	+18.50%	+9.51%	--	--	--
This fund (Regular)	−2.62%	+0.24%	+17.50%	+7.72%	--	--	--
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	127/235	24/232	3/232	31/215	--	--	--

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

Motilal Oswal Consumption Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty India Consumption TRI
2026to date	+11.63%	+10.08%	−9.10%

Motilal Oswal 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
Motilal Oswal Consumption Fund	31/215	1,159	0.85%	+9.51%	--	--	--	--	--

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.

Motilal Oswal Consumption Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.48%	0.08%	0.01%	0.28%	0.85%	1.18%	21/235
Regular	1.89%	0.08%	0.01%	0.36%	2.34%	2.41%	101/235

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	7.72%	9.51%	1.79%	₹1,07,720	₹1,09,510

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.

Motilal Oswal 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 29-10-2025 to 30-10-2026: 13 instalments, ₹1,30,000 in all.

Investment	Invested	Value now	Gain	Return a year
Regular planMotilal Oswal Consumption Fund (Regular)	₹1,30,000	₹1,44,433	₹14,433	19.9%
Nifty India Consumption TRI	₹1,30,000	₹1,24,305	−₹5,695	−7.6%
Category averageCategory average, 235 Thematic funds	₹1,30,000	₹1,28,804	−₹1,196	−1.6%

₹0₹50,000₹1.0 L₹1.5 L

2026

Regular planMotilal Oswal 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.

Motilal Oswal Consumption Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

96.7%Equity

Asset	Fund	Category
Equity	96.7%	94.5%
Cash and others	3.3%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	25.5%	45.7%
Mid Cap	17.4%	19.6%
Small Cap	44.5%	24.1%
Not on AMFI's list	9.3%	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.

Motilal Oswal Consumption Fund Sector Allocation

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

Largest sectors

Consumer Durables17.3%
Retailing16.5%
Commercial Services & Supplies8.2%
Beverages8.2%
Auto Components7.7%
Automobiles7.2%
Telecom - Services6.9%
Healthcare Services6.6%
Financial Technology (Fintech)4.6%
Food Products2.9%

The ten largest of 16 sectors. The other 6 add up to 10.6%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Consumer Durables	21.5%	18.4%	17.3%	−4.2%
Retailing	15.7%	14.7%	16.5%	+0.8%
Commercial Services & Supplies	5.5%	8.9%	8.2%	+2.6%
Beverages	7.0%	6.6%	8.2%	+1.2%
Auto Components	7.0%	8.0%	7.7%	+0.7%

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.

Motilal Oswal Consumption Fund Portfolio Holdings

As on 30-09-2026 · 34 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
Bharti Airtel Limited	Telecom - Services	6.91%	0.0%
Sky Gold And Diamonds Limited	Consumer Durables	5.63%	−5.2%
Eternal Limited	Retailing	5.60%	0.0%
Kalyan Jewellers India Limited	Consumer Durables	5.17%	0.0%
Healthcare Global Enterprises Limited	Healthcare Services	4.89%	0.0%
One 97 Communications Limited	Financial Technology (Fintech)	4.59%	−11.9%
Mahindra & Mahindra Limited	Automobiles	4.35%	0.0%
Allied Blenders And Distillers Limited	Beverages	3.86%	+28.0%
SPR Auto Technologies Ltd	Auto Components	3.54%	0.0%
Wework India Management Limited	Commercial Services & Supplies	3.17%	0.0%
Belrise Industries Ltd.	Auto Components	3.05%	0.0%
TVS Motor Company Limited	Automobiles	2.87%	0.0%
Shaily Engineering Plastics Limited	Consumer Durables	2.84%	0.0%
Leap India Private Limited	Commercial Services & Supplies	2.81%	0.0%
V2 Retail Limited	Retailing	2.78%	0.0%
Varun Beverages Ltd	Beverages	2.75%	0.0%
Aditya Infotech Limited	Industrial Manufacturing	2.45%	+169.5%
Lenskart Solutions Limited	Retailing	2.38%	−18.4%
International Gemological Institute Limited	Commercial Services & Supplies	2.25%	0.0%
Meesho Ltd	Retailing	2.23%	0.0%
PG Electroplast Limited	Consumer Durables	2.14%	0.0%
Electronics Mart India Limited	Retailing	2.12%	New
Shiprocket Limited	Transport Services	2.04%	+10.8%
Manipal Health Enterprises Ltd	Healthcare Services	1.69%	−3.7%
Radico Khaitan Limited	Beverages	1.58%	0.0%
Fujiyama Power Systems Limited	Electrical Equipment	1.56%	0.0%
Devyani International Limited	Leisure Services	1.56%	+51.3%
Britannia Industries Limited	Food Products	1.55%	0.0%
TANFAC Industries Ltd	Chemicals & Petrochemicals	1.53%	0.0%
Dixon Technologies (India) Limited	Consumer Durables	1.47%	0.0%
Hindustan Unilever Limited	Diversified FMCG	1.47%	0.0%
SS Retail Limited	Retailing	1.41%	New
Milky Mist Dairy Food Limited	Food Products	1.32%	−41.2%
Gabriel India Limited	Auto Components	1.10%	−29.8%

Motilal Oswal Consumption Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Sky Gold And Diamonds Limited	Reduced	−5.2%	5.63%
One 97 Communications Limited	Reduced	−11.9%	4.59%
Allied Blenders And Distillers Limited	Added	+28.0%	3.86%
Lenskart Solutions Limited	Reduced	−18.4%	2.38%
Aditya Infotech Limited	Added	+169.5%	2.45%
Electronics Mart India Limited	New	New	2.12%
Shiprocket Limited	Added	+10.8%	2.04%
Manipal Health Enterprises Ltd	Reduced	−3.7%	1.69%
Gabriel India Limited	Reduced	−29.8%	1.10%
Devyani International Limited	Added	+51.3%	1.56%
Milky Mist Dairy Food Limited	Reduced	−41.2%	1.32%
SS Retail Limited	New	New	1.41%
Aditya Vision Ltd	Sold out	−100%	was 1.41%

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 Motilal Oswal Consumption Fund bought and sold

Motilal Oswal Consumption Fund Portfolio Overlap

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

Fund	Overlap	Holdings in common
Mahindra Manulife Consumption FundThematic · Mahindra Manulife	34.8%	14	Compare
Union Consumption FundThematic · Union	33.3%	14	Compare
HSBC Consumption FundThematic · HSBC	32.1%	13	Compare
Aditya Birla Sun Life Consumption FundThematic · Aditya Birla Sun Life	29.6%	12	Compare
Invesco India Consumption FundThematic · Invesco	29.3%	13	Compare
Baroda BNP Paribas India Consumption FundThematic · Baroda BNP Paribas	28.4%	10	Compare
Edelweiss Consumption FundThematic · Edelweiss	27.9%	12	Compare
Mirae Asset Great Consumer FundThematic · Mirae Asset	27.7%	10	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.

Motilal Oswal Consumption Fund Overview

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

Expense ratio (Direct): 0.85%
Expense ratio (Regular): 2.34%
Category: Thematic
Risk: Very High
Benchmark: Nifty India Consumption TRI
Launch date: 23-10-2025
Minimum investment: ₹500
Minimum additional investment: ₹500
AUM: ₹1,159.44 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 153913
ISIN (Direct): INF247L01GA2
Scheme code (Regular): 153916
ISIN (Regular): INF247L01GD6
NAV history: From 29-10-2025, 1.0 years

Exit load: 1% - If redeemed within 3 months from the day of allotment. Nil - If redeemed after 3 months from the date of allotment.

Tax on Motilal Oswal Consumption Fund returns

Motilal Oswal 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		₹10.9601	30-10-2026
direct		₹10.9601	30-10-2026
regular		₹10.7777	30-10-2026
regular	Growth	₹10.7777	30-10-2026

About Motilal Oswal Consumption Fund

Motilal Oswal Consumption Fund is a mutual fund from Motilal Oswal Mutual Fund. Its category is Thematic. It was launched on 23-10-2025. Its benchmark is Nifty India Consumption TRI. At the end of September 2026 it held 34 securities.

Fund Manager

Aliasgar Shakir
Fund manager of Motilal Oswal Consumption Fund, since 29-10-2025
Varun Sharma
Fund manager of Motilal Oswal Consumption Fund, since 23-10-2025
Rakesh Shetty
Fund manager of Motilal Oswal Consumption Fund, since 23-10-2025
Swapnil Mayekar
Fund manager of Motilal Oswal Consumption Fund, since 18-11-2025

See all funds of Motilal Oswal Mutual Fund

AUM change

September 2026: ₹1,159.44 Cr; −2.13% from August 2026
August 2026: ₹1,184.73 Cr; +4.76% from July 2026
July 2026: ₹1,130.89 Cr; +6.93% from June 2026

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

Compare Motilal Oswal Consumption Fund with Other Funds

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

Motilal Oswal Consumption vs Nippon India Taiwan EquityThematic
Motilal Oswal Consumption vs HDFC DefenceThematic
Motilal Oswal Consumption vs HDFC Pharma and HealthcareThematic
Motilal Oswal Consumption vs SBI Healthcare OpportunitiesThematic
Motilal Oswal Consumption vs Aditya Birla Sun Life International EquityThematic
Motilal Oswal Consumption vs Mahindra Manulife Consumption34.8% overlap
Motilal Oswal Consumption vs Union Consumption33.3% overlap
Motilal Oswal Consumption vs HSBC Consumption32.1% overlap

Compare with any other fund

Frequently Asked Questions for Motilal Oswal Consumption Fund

What is the current NAV of Motilal Oswal Consumption Fund?

The Direct plan NAV is ₹10.9601. The Regular plan NAV is ₹10.7777, as on 30-10-2026.

What are the returns of Motilal Oswal Consumption Fund?

The Direct plan returned +9.51% in 1 year. The Regular plan returned +7.72% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of Motilal Oswal Consumption Fund?

The Direct plan charges 0.85% a year. The Regular plan charges 2.34% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of Motilal Oswal Consumption Fund?

Motilal Oswal Consumption Fund managed ₹1,159.44 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Motilal Oswal Consumption Fund?

At the end of September 2026 the largest holdings were BHARTIARTL (6.91%), SKYGOLD (5.63%), ETERNAL (5.60%), KALYANKJIL (5.17%), HCG (4.89%). The fund held 34 securities in all.

What did Motilal Oswal Consumption Fund buy and sell in September 2026?

It bought 2 new stocks: Electronics Mart India Limited, SS Retail Limited. It sold out of 1: Aditya Vision Ltd. It added shares in 4. It reduced 6.

How do I invest in Motilal Oswal Consumption Fund?

Through Motilal Oswal 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 ₹500. You can invest once or through a monthly SIP.

Who is the fund manager of Motilal Oswal Consumption Fund?

Aliasgar Shakir (since 29-10-2025), Varun Sharma (since 23-10-2025), Rakesh Shetty (since 23-10-2025), Swapnil Mayekar (since 18-11-2025).

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.