April 2, 2026
RA Jainee
Kotak Consumption Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 12.6 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 12.6 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 1 |
| Benchmark | NIFTY India Consumption TRI |
| AUM Rs. | 1,709 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.57% |
| 1 Year Return (%) | -0.08 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 10.25% |
⚖️ Sahifund Review – Kotak Consumption Fund ✔
✓ PLUS: Kotak Consumption Fund stands out for its cost efficiency, with an attractive expense ratio of just 0.57%, which is a clear advantage in the thematic consumption category. Backed by Kotak Mahindra Mutual Fund, the fund has also delivered better recent relative performance than many peers, especially on the 1-year front where it has held up much better than category averages. The portfolio gives investors exposure to India’s long-term consumption growth story, making it relevant for SIP investors seeking a focused satellite allocation.
⚖️ MINUS: The biggest drawback is that the fund is still too new to prove long-term consistency, so investors are relying more on theme and fund house credibility than track record. The portfolio is also somewhat concentrated, with Top 10 holdings at 52.33% and Top 3 sectors at 73.36%, which raises thematic concentration risk. In addition, the fund has meaningful small-cap exposure (37.20%), which can add volatility, and like all sectoral/thematic funds, it can underperform diversified funds for long periods if the theme cools off.
Sahifund View:
One of the better low-cost options in the consumption space, but still best used only as a limited thematic SIP bet.
👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Consumption funds are suitable for investors:
1. Seeking exposure in shares of consumer facing companies for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities.
Fund Manager:
1) Devender Singhal
Education: Mr. Singhal has done B.A. (Maths) from Delhi University and PGDM, Finance from Fore School of Management, Delhi.
Experience: Prior to joining Kotak Mahindra AMC , he has worked with Kotak Securities Ltd.(July 2007 — January 2009) ,Religare (February 2006 — June 2007), Karvy (July 2004 — January 2006), P N Vijay Financial Services Pvt Ltd(2001 — 2004) and Dundee Mutual Fund( Summer Trainee ) (May 2000 — June 2000 ).
2) Abhishek Bisen
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 90 days |
Basic Details of Kotak Consumption Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 16-Nov-23 |
| Return Since Launch | 10.25% |
| Benchmark | NIFTY India Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets (Rs.) | 1,709 Cr |
| (As on 28-Feb-2026) | |
| Expense | 0.57% |
| (As on 28-Feb-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 29.72% |
Kotak Consumption Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak Consumption Dir | -15.52 | -0.01 | -9.43 | -15.52 | -13.19 | -0.08 | — | — | — | — |
| BSE 500 TRI | -13.94 | -2.28 | -11.37 | -13.94 | -9.62 | -3.11 | — | — | — | — |
| Equity: Thematic-Consumption | -15.59 | 0.00 | -10.51 | -15.59 | -14.92 | -5.94 | — | — | — | — |
| Rank within category | 13 | 28 | 4 | 13 | 2 | 2 | — | — | — | — |
| Number of funds in category | 27 | 30 | 30 | 27 | 23 | 23 | 10 | 10 | 9 | 7 |
Peer Comparison of Kotak Consumption Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Kotak Consumption Dir | Unrated | -0.08 | — | — | 0.57 | 1,709 | 10.25 | 0.50 (90) | 2Y 4M | 29.72 |
| Mirae Asset Great Consumer Dir | 4 star | -3.42 | 13.42 | 13.90 | 0.44 | 4,473 | 15.95 | 1.00 (365) | 13Y 3M | 48.00 |
| ICICI Pru Bharat Consumption Dir | 5 star | -5.00 | 12.55 | 13.64 | 1.14 | 3,093 | 12.96 | 1.00 (90) | 6Y 11M | 68.00 |
| Nippon India Consumption Dir | 4 star | -7.81 | 12.11 | 14.54 | 0.69 | 2,512 | 12.45 | 1.00 (30) | 13Y 3M | 41.00 |
| Baroda BNP Paribas India Consumption Dir | 4 star | -6.43 | 13.11 | 12.35 | 0.65 | 1,455 | 15.79 | 1.00 (365) | 7Y 6M | 57.00 |
Kotak Consumption Fund Portfolio
| No. of Stocks | 46 |
| Top 10 Stocks | 52.33% |
| Top 5 Stocks | 33.91% |
| Top 3 Sectors | 73.36% |
| Portfolio P/B Ratio | 5.36 |
| Portfolio P/E Ratio | 33.96 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 63,902 | 1,48,158 |
| Giant (%) | — | — |
| Large (%) | 49.45 | 64.53 |
| Mid (%) | 13.35 | 18.79 |
| Small (%) | 37.20 | 20.57 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status