Nippon India Consumption Fund
The fund remains deeply tilted toward consumption plays, with automobiles and retailing commanding over a third of the portfolio—positioning it squarely for demand recovery in discretionary spending. Heavy concentration in just ten names signals conviction in quality consumption franchises, though the recent trimming of ITC and Airtel hints the manager is pruning defensive positions to raise cash and make room for growth plays like Britannia. The modest 3 percent cash buffer and tactical rebalancing suggest confidence in the consumption thesis but caution about valuations at the margin.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹182.7092 | +0.74% | — | — | — |
| Regular Growth | ₹182.7092 | +0.74% | -7.62% | +12.00% | +15.03% |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Britannia Industries Limited | 2.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Mahindra & Mahindra Limited INE101A01026 | 7.41% |
| 2 | Maruti Suzuki India Limited INE585B01010 | 6.62% |
| 3 | Eternal Limited INE758T01015 | 5.73% |
| 4 | Bharti Airtel Limited INE397D01024 | 4.95% |
| 5 | Hindustan Unilever Limited INE030A01027 | 4.54% |
| 6 | Bajaj Auto Limited INE917I01010 | 4.20% |
| 7 | Varun Beverages Limited INE200M01039 | 3.81% |
| 8 | Trent Limited INE849A01020 | 3.50% |
| 9 | ITC Limited INE154A01025 | 3.27% |
| 10 | Asian Paints Limited INE021A01026 | 3.22% |
| 11 | Triparty Repo | 3.12% |
| 12 | Titan Company Limited INE280A01028 | 3.08% |
| 13 | Zydus Wellness Limited INE768C01028 | 2.83% |
| 14 | InterGlobe Aviation Limited INE646L01027 | 2.58% |
| 15 | FSN E-Commerce Ventures Limited INE388Y01029 | 2.55% |
| 16 | Godrej Consumer Products Limited INE102D01028 | 2.52% |
| 17 | Tata Consumer Products Limited INE192A01025 | 2.50% |
| 18 | Radico Khaitan Limited INE944F01028 | 2.18% |
| 19 | United Breweries Limited INE686F01025 | 2.14% |
| 20 | Avenue Supermarts Limited INE192R01011 | 2.08% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Consumption Fund hold?
Nippon India Consumption Fund holds 42 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.25% of NAV.
What is the largest holding in Nippon India Consumption Fund?
The largest position in Nippon India Consumption Fund is Mahindra & Mahindra Limited, accounting for 7.41% of NAV in the Automobiles sector.
Is Nippon India Consumption Fund a concentrated or diversified fund?
With a Gini coefficient of 0.374, Nippon India Consumption Fund is well-diversified. The HHI concentration index is 33,678 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.25% of the portfolio.
What is the market cap allocation of Nippon India Consumption Fund?
Based on SEBI's AMFI classification, Nippon India Consumption Fund's equity portfolio is split as: Large Cap: 67.56%, Mid Cap: 17.07%, Small Cap: 12.24%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Consumption Fund invest in most?
Nippon India Consumption Fund has the highest allocation to Automobiles (19.66%), Retailing (16.48%), Consumer Durables (13.03%). The fund is invested across 14 sectors in total.
How actively managed is Nippon India Consumption Fund compared to other Sectoral / Thematic funds?
Nippon India Consumption Fund has an Active Share of 81.09%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Nippon India Consumption Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Consumption Fund added 1 new stock (including Britannia Industries Limited) and exited 1 stock (including ICICI Prudential Asset Management Company Limited). Total holding count remained at 45 stocks.