Axis Consumption Fund
Sectoral/ Thematic · Axis Asset Management Co. Ltd.
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹80,000. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Axis Consumption Fund is a Sectoral/ Thematic fund from Axis Asset Management Co. Ltd.. It has a track record of about 2.0 years. As of the latest data it carries an RS rating of 31/99 (its recent momentum versus category peers). The current NAV is ₹9.21 (as of 2026-09-16).
Growth of ₹100 - last 2 years
Axis Consumption Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -6.31% | -3.47% |
| 3 months | 0.66% | 2.0% |
| 6 months | 6.72% | 10.56% |
| 1 year | -7.9% | 4.78% |
Its trailing one-year return is -7.9%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Axis Consumption Fund | Benchmark |
|---|---|---|
| 2025 | +1.4% | n/a |
| 2026 | -6.2% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -20.0% | -26.37% |
| Worst drawdown (3Y) | -20.0% | -20.9% |
| Volatility (1Y) | 18.24% | 19.02% |
| Sharpe (3Y) | -0.69 | 0.31 |
| Bull-market return | 7.7% | 30.78% |
| Bear-market return | -25.9% | -23.76% |
Timing matters more than people admit: the best possible 1-year stretch in Axis Consumption Fund (starting 2025-02-28) gained 11.6%, while the worst (starting 2025-09-12) lost 8.3%. The worst peak-to-bottom fall Axis Consumption Fund has ever put investors through is -20.0% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -25.9% annualised, versus 7.7% in rising markets.
How Axis Consumption Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Axis Consumption Fund has historically returned about -25.9% annualised, versus roughly 7.7% when the market is rising. Its deepest fall on record is -20.0%. Right now it sits about 11.01% below its all-time high (last hit 2024-09-23). The real question isn't the average year - it's whether you could hold on through the worst one.
How Axis Consumption Fund ranks in its category
Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What Axis Consumption Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 50.7% of the portfolio, across 57 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Axis Consumption Fund shares HDFC Transportation and Logistics Fund (9%), LIC MF Healthcare Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Axis Consumption Fund - and how good are they?
Axis Consumption Fund is managed by Hitesh Das and Krishnaa N. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Hitesh Das's full record
Hitesh Das currently runs 3 funds, across Large & Mid Cap Fund, Multi Cap Fund, Sectoral/ Thematic, with about ₹28,570 Cr under management. The book's average King Score is 84.0/100. Their strongest fund by King Score is Axis Multicap Fund (90/100); Axis Consumption Fund ranks #3 of 3 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Axis Multicap Fund | 90 | 90 | 5.9% | 16.4% | 8.0% | 18.3% | n/a | n/a | 0.77 | 22.8% | -18.1% |
| 2 | Axis Large & Mid Cap Fund | 85 | 78 | 1.4% | 10.4% | 4.7% | 14.4% | 11.8% | n/a | 0.56 | 20.9% | -31.9% |
| 3 | Axis Consumption Fund (this page) | 31 | n/a | 0.7% | 6.7% | -7.9% | n/a | n/a | n/a | -0.69 | n/a | -20.0% |
Krishnaa N's full record
Krishnaa N currently runs 19 funds, across Flexi Cap Fund, FoF Domestic, FoF Overseas, Focused Fund and more, with about ₹149,038 Cr under management. The book's average King Score is 60.1/100. Their strongest fund by King Score is Axis Value Fund (95/100); Axis Consumption Fund ranks #18 of 19 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Axis Value Fund | 92 | 95 | 3.6% | 10.3% | 7.0% | 17.1% | n/a | n/a | 0.72 | 23.2% | -20.2% |
| 2 | Axis NASDAQ 100 US Specific Equity Passive FOF | 71 | 88 | -3.6% | 20.9% | 30.6% | 29.5% | n/a | n/a | 1.14 | 31.8% | -23.1% |
| 3 | Axis Large & Mid Cap Fund | 85 | 78 | 1.4% | 10.4% | 4.7% | 14.4% | 11.8% | n/a | 0.56 | 20.9% | -31.9% |
| 4 | Axis Small Cap Fund | 55 | 74 | 5.9% | 20.0% | 8.7% | 14.7% | 15.5% | 19.3% | 0.53 | 19.9% | -34.6% |
| 5 | Axis Innovation Fund | 95 | 72 | 12.4% | 24.8% | 13.4% | 17.4% | 11.6% | n/a | 0.75 | 15.9% | -23.6% |
| 6 | Axis Global Equity Alpha Fund of Fund | 61 | 66 | 3.4% | 13.2% | 19.1% | 22.9% | 15.3% | n/a | 0.99 | 13.3% | -19.9% |
| 7 | Axis Flexi Cap Fund | 84 | 64 | 4.3% | 13.0% | 3.2% | 12.9% | 8.5% | n/a | 0.43 | 15.4% | -29.9% |
| 8 | Axis Midcap Fund | 72 | 64 | 1.9% | 12.1% | 5.3% | 15.5% | 12.4% | 17.6% | 0.59 | 19.5% | -29.4% |
| 9 | Axis Retirement Fund - Dynamic | 45 | 62 | 0.5% | 5.6% | -1.7% | 11.0% | 7.7% | n/a | 0.36 | 14.3% | -17.1% |
| 10 | Axis Global Innovation Fund of Fund | 84 | 56 | 1.8% | 21.0% | 23.2% | 24.6% | 13.0% | n/a | 0.88 | 18.6% | -30.8% |
| 11 | Axis Large Cap Fund | 76 | 55 | 0.5% | 3.2% | -3.8% | 8.0% | 5.3% | 12.2% | 0.11 | 13.7% | -30.1% |
| 12 | Axis Retirement Fund - Conservative | 24 | 52 | -0.3% | -0.1% | -0.3% | 7.1% | 6.0% | n/a | 0.1 | 9.7% | -12.7% |
| 13 | Axis Focused Fund | 81 | 49 | 5.1% | 11.8% | -0.2% | 9.5% | 3.9% | 11.9% | 0.21 | 14.6% | -33.7% |
| 14 | Axis Quant Fund | 35 | 42 | -2.4% | 5.8% | 0.8% | 8.1% | 8.6% | n/a | 0.11 | 14.6% | -23.0% |
| 15 | Axis ESG Integration Strategy Fund | 22 | 38 | -1.3% | 3.2% | -4.2% | 7.7% | 5.1% | n/a | 0.1 | 13.3% | -24.3% |
| 16 | Axis Multi Asset Allocation Fund | 72 | 37 | 1.4% | 2.9% | 8.8% | 13.1% | 8.9% | 11.7% | 0.63 | 10.9% | -27.4% |
| 17 | Axis Greater China Equity Fund of Fund | 52 | 30 | -0.3% | 10.9% | 23.3% | 21.6% | 7.3% | n/a | 0.62 | 10.2% | -43.4% |
| 18 | Axis Consumption Fund (this page) | 31 | n/a | 0.7% | 6.7% | -7.9% | n/a | n/a | n/a | -0.69 | n/a | -20.0% |
| 19 | Axis Multi-Asset Active FoF | n/a | n/a | 1.8% | 6.6% | n/a | n/a | n/a | n/a | n/a | n/a | -8.6% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.68% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹2,754 Cr |
| Age | 2.0 years |
| Plan / Option | Direct · Growth |
How Axis Consumption Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Axis Consumption Fund review: the bottom line
Related
Frequently asked questions
Is Axis Consumption Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Axis Consumption Fund scores RS 31/99 within its category, and its worst drawdown was -20.0%. Compare those against your needs and the peer table above.
What is the NAV of Axis Consumption Fund today?
The latest NAV is ₹9.21 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Axis Consumption Fund?
The Direct-plan expense ratio is 0.68% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Axis Consumption Fund?
Axis Consumption Fund is managed by Hitesh Das; Krishnaa N.
Is Axis Consumption Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -20.0% - ₹1 lakh briefly becoming about ₹80,000. As a sectoral & thematic fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Axis Consumption Fund tax-efficient / what about capital gains?
As a sectoral & thematic fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Axis Consumption Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.