Nippon India Mutual Fund offers a Thematic-Consumption mutual fund scheme called Nippon India Consumption Fund Direct-Growth. This fund launched on January 1, 2013, making it 11 years old. Nippon India Consumption Fund Direct-Growth has assets under management (AUM) of ₹1,063 Crores, making it a medium-sized fund in its category.
Most of the fund’s money is invested in the Consumer Staples, Services, Automobile, Communication and Materials industries. It has less exposure to the Consumer Staples and Services sectors than other funds in the category.
Nippon India Consumption Fund Performance
The last year’s Nippon India Consumption Fund Direct-Growth returns are 42.96%. It has generated 16.21% average yearly returns since its debut. Every three years, the fund doubles the amount invested in it.
The Nippon India Consumption Fund Direct-Growth plan has a steady track record of generating returns that are comparable to other funds in its class. It performs better than average at minimizing losses in a declining market.
Nippon India Consumption Fund Returns
| Period | Nippon India Consumption Fund | Category average |
|---|---|---|
| 1 month | 4.41% | 5.08% |
| 3 months | 14.89% | 14.55% |
| 6 months | 25.07% | 23.09% |
| 1 year | 43.66% | 41.92% |
| 3 years | 26.02% | 23.24% |
| 5 years | 28.95% | 24.76% |
Nippon India Consumption Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Bharti Airtel Ltd.
|
Communication | Equity | 8.42% |
|
Hindustan Unilever Ltd.
|
Consumer Staples | Equity | 6.51% |
|
ITC Ltd.
|
Consumer Staples | Equity | 5.59% |
|
Mahindra & Mahindra Ltd.
|
Automobile | Equity | 4.72% |
|
Jubilant FoodWorks Ltd.
|
Services | Equity | 4.67% |
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.