HDFC Consumption Fund
Sectoral/ Thematic · HDFC Asset Management Company Limited
Among the 946 funds in its category, this one has grown money at about the average pace. ₹1 lakh invested 3 years ago would be about ₹1.3 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹3.9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹76,520. 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.HDFC Consumption Fund is a Sectoral/ Thematic fund from HDFC Asset Management Company Limited. It has a track record of about 3.2 years. As of the latest data it carries an RS rating of 32/99 (its recent momentum versus category peers) and a King Score of 44/100 (a long-term quality composite). The current NAV is ₹13.88 (as of 2026-09-16).
Growth of ₹100 - last 3 years
HDFC Consumption Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -5.0% | -3.47% |
| 3 months | 1.45% | 2.0% |
| 6 months | 6.45% | 10.56% |
| 1 year | -8.95% | 4.78% |
| 3 years (CAGR) | 10.26% | 13.85% |
Its trailing one-year return is -8.95%. 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 | HDFC Consumption Fund | Benchmark |
|---|---|---|
| 2024 | +24.2% | n/a |
| 2025 | +0.5% | n/a |
| 2026 | -4.9% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in HDFC Consumption Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹385,532 | 2.69% |
Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹385,532 - an XIRR of 2.69%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -23.48% | -26.37% |
| Worst drawdown (3Y) | -23.48% | -20.9% |
| Volatility (1Y) | 18.22% | 19.02% |
| Sharpe (3Y) | 0.24 | 0.31 |
| Bull-market return | 24.8% | 30.78% |
| Bear-market return | -24.0% | -23.76% |
Timing matters more than people admit: the best possible 1-year stretch in HDFC Consumption Fund (starting 2023-09-22) gained 55.3%, while the worst (starting 2025-09-12) lost 9.4%. The worst peak-to-bottom fall HDFC Consumption Fund has ever put investors through is -23.48% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -24.0% annualised, versus 24.8% in rising markets.
How HDFC Consumption Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), HDFC Consumption Fund has historically returned about -24.0% annualised, versus roughly 24.8% when the market is rising. Its deepest fall on record is -23.48%. Right now it sits about 13.86% 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 HDFC 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 HDFC 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 52.0% of the portfolio, across 51 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
HDFC Consumption Fund shares HDFC Transportation and Logistics Fund (18%), ICICI Prudential Transportation And Logistics Fund (9%), ICICI Prudential Innovation Fund (6%) 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 HDFC Consumption Fund - and how good are they?
HDFC Consumption Fund is managed by Amit Sinha and Dhruv Muchhal. 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.
Amit Sinha's full record
Amit Sinha currently runs 2 funds, across Sectoral/ Thematic, with about ₹3,659 Cr under management. The book's average King Score is 44.0/100. This fund is the highest-scored fund they run (King 44/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HDFC Consumption Fund (this page) | 32 | 44 | 1.4% | 6.5% | -8.9% | 10.3% | n/a | n/a | 0.24 | n/a | -23.5% |
| 2 | HDFC Innovation Fund | 91 | n/a | 10.5% | 21.2% | 14.3% | n/a | n/a | n/a | n/a | n/a | -12.2% |
Dhruv Muchhal's full record
Dhruv Muchhal currently runs 36 funds, across Aggressive Hybrid Fund, Banking and PSU Fund, Conservative Hybrid Fund, Credit Risk Fund and more, with about ₹541,304 Cr under management. The book's average King Score is 66.5/100. Their strongest fund by King Score is HDFC Transportation and Logistics Fund (89/100); HDFC Consumption Fund ranks #28 of 36 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 | HDFC Transportation and Logistics Fund | 82 | 89 | 8.3% | 16.7% | 7.7% | 24.1% | n/a | n/a | 0.98 | n/a | -23.5% |
| 2 | HDFC Medium Term Debt Fund | 84 | 87 | 1.7% | 3.5% | 6.7% | 7.8% | 6.7% | 7.5% | 1.06 | 8.2% | -3.5% |
| 3 | HDFC Liquid Fund | 88 | 86 | 1.6% | 3.4% | 6.6% | 7.0% | 6.3% | 6.1% | 1.22 | 6.8% | -0.2% |
| 4 | HDFC Value Fund | 86 | 84 | 2.6% | 9.0% | 5.5% | 14.8% | 13.5% | 14.3% | 0.57 | 17.2% | -43.9% |
| 5 | HDFC Defence Fund | 87 | 83 | 3.6% | 21.2% | 20.6% | 36.0% | n/a | n/a | 1.06 | n/a | -34.5% |
| 6 | HDFC Ultra Short Term Fund | 81 | 82 | 1.8% | 3.4% | 6.5% | 7.2% | 6.5% | n/a | 1.33 | 6.0% | -1.0% |
| 7 | HDFC Short Term Debt Fund | 78 | 80 | 1.2% | 2.8% | 5.7% | 7.5% | 6.5% | 7.4% | 0.94 | 7.9% | -2.7% |
| 8 | HDFC Income Fund | 77 | 79 | 1.2% | 2.4% | 4.2% | 6.7% | 5.7% | 5.9% | 0.09 | 6.8% | -10.6% |
| 9 | HDFC Credit Risk Debt Fund | 73 | 79 | 2.0% | 3.9% | 7.4% | 8.2% | 7.1% | 7.9% | 1.58 | 8.2% | -2.6% |
| 10 | HDFC Banking and PSU Debt Fund | 66 | 79 | 1.0% | 2.6% | 5.2% | 7.1% | 6.2% | 7.2% | 0.46 | 7.9% | -3.1% |
| 11 | HDFC Flexi Cap Fund | 45 | 79 | 1.8% | 4.6% | 0.3% | 14.5% | 16.5% | 15.7% | 0.62 | 17.8% | -41.8% |
| 12 | HDFC Focused Fund | 41 | 78 | 0.9% | 2.7% | -2.0% | 14.2% | 17.5% | 14.5% | 0.61 | 17.1% | -45.6% |
| 13 | HDFC Hybrid Debt Fund | 68 | 77 | 0.1% | 0.9% | 1.9% | 7.1% | 7.7% | 8.3% | 0.15 | 10.3% | -12.1% |
| 14 | HDFC Long Duration Debt Fund | 74 | 76 | 0.7% | 1.6% | 2.3% | 5.8% | n/a | n/a | -0.17 | 6.4% | -6.0% |
| 15 | HDFC Equity Savings Fund | 64 | 75 | 0.7% | 1.9% | 2.4% | 8.0% | 8.1% | 9.6% | 0.3 | 11.4% | -16.9% |
| 16 | HDFC Mid Cap Fund | 60 | 75 | 2.1% | 8.6% | 5.7% | 16.6% | 18.1% | 17.2% | 0.63 | 23.3% | -39.5% |
| 17 | HDFC Gilt Fund | 52 | 75 | 0.9% | 1.8% | 3.5% | 6.3% | 5.4% | 6.0% | -0.07 | 7.3% | -11.9% |
| 18 | HDFC Dynamic Debt Fund | 82 | 71 | 1.6% | 2.7% | 4.8% | 6.6% | 5.8% | 6.2% | 0.05 | 7.1% | -7.5% |
| 19 | HDFC ELSS Tax saver | 23 | 70 | -0.5% | 0.4% | -6.1% | 11.7% | 13.5% | 13.0% | 0.39 | 15.6% | -44.1% |
| 20 | HDFC Banking & Financial Services Fund | 45 | 67 | -1.1% | 3.7% | 5.5% | 11.2% | 11.6% | n/a | 0.28 | 17.2% | -21.7% |
| 21 | HDFC Business Cycle Fund | 71 | 65 | 4.8% | 13.4% | 2.1% | 10.6% | n/a | n/a | 0.29 | 13.7% | -18.0% |
| 22 | HDFC Large and Mid Cap Fund | 40 | 64 | 0.4% | 5.7% | -0.5% | 11.8% | 13.8% | 14.4% | 0.34 | 17.0% | -39.5% |
| 23 | HDFC Large Cap Fund | 58 | 60 | -0.5% | 0.8% | -3.5% | 8.0% | 10.5% | 12.2% | 0.11 | 15.0% | -40.8% |
| 24 | HDFC Infrastructure Fund | 16 | 56 | -3.1% | 2.8% | -3.3% | 13.7% | 18.7% | 11.4% | 0.41 | 12.9% | -63.1% |
| 25 | HDFC Multi Cap Fund | 20 | 46 | -0.1% | 4.4% | -3.2% | 10.7% | n/a | n/a | 0.27 | 21.6% | -20.2% |
| 26 | HDFC Multi-Asset Fund | 22 | 45 | 0.2% | 0.6% | 2.7% | 11.3% | 10.7% | 11.4% | 0.62 | 12.9% | -27.1% |
| 27 | HDFC Hybrid Equity Fund | 39 | 44 | 0.2% | 0.3% | -4.7% | 5.8% | 7.9% | 10.1% | -0.07 | 13.0% | -33.6% |
| 28 | HDFC Consumption Fund (this page) | 32 | 44 | 1.4% | 6.5% | -8.9% | 10.3% | n/a | n/a | 0.24 | n/a | -23.5% |
| 29 | HDFC Small Cap Fund | 7 | 41 | 1.8% | 9.7% | -3.0% | 10.2% | 14.4% | 17.5% | 0.22 | 21.2% | -48.3% |
| 30 | HDFC Housing Opportunities Fund | 7 | 37 | -3.9% | -0.4% | -6.7% | 8.4% | 10.8% | n/a | 0.11 | 18.1% | -42.2% |
| 31 | HDFC MNC Fund | 59 | 33 | 3.0% | 10.2% | 0.6% | 6.8% | n/a | n/a | 0.03 | 8.7% | -24.5% |
| 32 | HDFC Technology Fund | 43 | 21 | 7.3% | 4.7% | -13.7% | 5.5% | n/a | n/a | -0.04 | n/a | -29.7% |
| 33 | HDFC Pharma and Healthcare Fund | 97 | n/a | 10.1% | 25.4% | 24.4% | n/a | n/a | n/a | 1.65 | n/a | -14.9% |
| 34 | HDFC Innovation Fund | 91 | n/a | 10.5% | 21.2% | 14.3% | n/a | n/a | n/a | n/a | n/a | -12.2% |
| 35 | HDFC Manufacturing fund | 66 | n/a | 2.7% | 10.9% | 5.1% | n/a | n/a | n/a | 0.04 | n/a | -21.5% |
| 36 | HDFC Diversified Equity All Cap Active FOF | n/a | n/a | 0.5% | 4.1% | n/a | n/a | n/a | n/a | n/a | n/a | -13.6% |
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) | 1.14% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹980 Cr |
| Age | 3.2 years |
| Plan / Option | Direct · Growth |
How HDFC Consumption Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
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.
HDFC Consumption Fund review: the bottom line
Related
Frequently asked questions
Is HDFC Consumption Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, HDFC Consumption Fund scores 44/100 on our King Score and RS 32/99 within its category, has compounded 10.26% a year over three years, and its worst drawdown was -23.48%. Compare those against your needs and the peer table above.
What is the NAV of HDFC Consumption Fund today?
The latest NAV is ₹13.88 (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 HDFC Consumption Fund?
The Direct-plan expense ratio is 1.14% 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 HDFC Consumption Fund?
HDFC Consumption Fund is managed by Amit Sinha; Dhruv Muchhal.
Is HDFC 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 -23.48% - ₹1 lakh briefly becoming about ₹76,520. 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 HDFC Consumption Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹3.9 lakh (XIRR 2.69%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of HDFC Consumption Fund?
A ₹10,000/month SIP over 3 years would have grown to about ₹385,532 (an XIRR of 2.69%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does HDFC Consumption Fund rank among similar funds?
On 3-year returns it sits around the 46th percentile of its category, and its consistency ranks 26th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is HDFC 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 HDFC 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.