Axis Consumption Fund vs HDFC Consumption Fund
Axis Consumption Fund and HDFC Consumption Fund are both Consumption Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +10.52%, 5-year CAGR — vs —, volatility 16.90% vs 16.43%, maximum drawdown −20.10% vs −23.48%. Their portfolios overlap by 58.8% (27 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Fund house | Axis Mutual Fund | HDFC Mutual Fund |
| Compared as | Consumption Funds | Consumption Funds |
| NAV | ₹9.6000 | ₹14.2870 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 18 Sep 2024 | 12 Jul 2023 |
| Track record | 2.1 yrs | 3.3 yrs |
| Fund size (AUM) | ₹2,360 Cr | ₹954 Cr |
| Securities held | 57 | 50 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| 1 month | +6.43% | +4.67% |
| 3 months | −2.24% | −2.44% |
| 6 months | +4.01% | +3.01% |
| 1 year | −3.42% | −4.89% |
| 3 years (CAGR) | — | +10.52% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | −2.26% | +11.34% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| 2026 (year to date) | −2.24% | −2.14% |
| 2025 | +1.45% | +0.51% |
| 2024 | — | +24.15% |
Risk
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Volatility (annualised) ⓘ | 16.90% | 16.43% |
| Downside volatility ⓘ | 13.82% | 11.71% |
| Sharpe ratio ⓘ | -0.52 | 0.25 |
| Sortino ratio ⓘ | -0.63 | 0.35 |
| Maximum drawdown ⓘ | −20.10% | −23.48% |
| Recovery from that fall | — | — |
| Current fall from peak | −7.25% | −11.34% |
| Rolling 1-year return: worst | −13.62% | −13.24% |
| Rolling 1-year return: median | −0.72% | +4.38% |
| Rolling 1-year return: best | +11.60% | +55.32% |
| Share of 1-year periods with a loss | 56.18% | 33.28% |
Against each fund's benchmark
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Beta ⓘ | 0.94 | 0.95 |
| Alpha (Jensen's, annualised) ⓘ | −2.34% | −0.51% |
| R² ⓘ | 85.82 | 79.94 |
| Upside capture | 87.92% | 93.39% |
| Downside capture | 97.80% | 93.38% |
| Tracking error | 6.32% | 7.51% |
| Information ratio | -0.28 | -0.13 |
| Treynor ratio | -13.00 | 2.86 |
Portfolio
Asset mix
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Equity | 98.96% | 98.67% |
| Cash & equivalents | 1.04% | 1.33% |
Market-cap split (share of fund assets)
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Large Cap | 71.81% | 69.61% |
| Mid Cap | 13.01% | 11.69% |
| Small Cap | 14.14% | 12.67% |
| Unclassified | 0.00% | 4.70% |
Concentration
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Top 10 holdings | 49.22% | 51.69% |
| Effective number of stocks ⓘ | 27.1 | 25.1 |
| Securities held | 57 | 50 |
Portfolio overlap: 58.8%
27 companies are held by both funds; by weight, 58.8% of the two portfolios is the same. That is a high overlap: holding both adds little diversification beyond holding one.
| Held by both | Axis Consumption | HDFC Consumption |
|---|---|---|
| Eternal Limited | 8.56% | 9.56% |
| Mahindra & Mahindra Limited | 6.96% | 8.26% |
| Bharti Airtel Limited | 9.16% | 5.21% |
| Maruti Suzuki India Limited | 3.93% | 3.62% |
| Titan Company Limited | 5.25% | 3.22% |
| Asian Paints Limited | 3.48% | 3.05% |
| Hindustan Unilever Ltd. | 2.46% | 7.39% |
| TVS Motor Company Ltd. | 2.37% | 3.10% |
| Varun Beverages Limited | 2.59% | 2.06% |
| Bajaj Auto Limited | 2.06% | 3.64% |
| Apollo Hospitals Enterprise Limited | 3.47% | 2.05% |
| Trent Limited | 2.35% | 2.04% |
| United Spirits Limited | 1.91% | 2.65% |
| Nestle India Limited | 1.90% | 1.78% |
| Britannia Industries Ltd. | 1.68% | 2.63% |
Top 10 holdings
Axis Consumption
- Bharti Airtel Limited9.16%
- Eternal Limited8.56%
- Mahindra & Mahindra Limited6.96%
- Titan Company Limited5.25%
- Maruti Suzuki India Limited3.93%
- Asian Paints Limited3.48%
- Apollo Hospitals Enterprise Limited3.47%
- InterGlobe Aviation Limited3.34%
- Varun Beverages Limited2.59%
- Tata Consumer Products Limited2.48%
HDFC Consumption
- Eternal Limited9.56%
- Mahindra & Mahindra Limited8.26%
- Hindustan Unilever Ltd.7.39%
- Bharti Airtel Limited5.21%
- Vishal Mega Mart Limited3.99%
- Godrej Consumer Products Ltd.3.70%
- Bajaj Auto Limited3.64%
- Maruti Suzuki India Limited3.62%
- Titan Company Limited3.22%
- TVS Motor Company Ltd.3.10%
Sector exposure
| Axis Consumption | HDFC Consumption | |
|---|---|---|
| Automobiles | 19.01% | 22.66% |
| Retailing | 13.99% | 19.21% |
| Consumer Durables | 11.66% | 9.25% |
| Telecom - Services | 10.48% | 5.21% |
| Diversified FMCG | 4.69% | 7.41% |
| Leisure Services | 7.16% | 3.79% |
| Healthcare Services | 6.19% | 5.98% |
| Personal Products | 1.01% | 5.95% |
| Beverages | 5.04% | 5.11% |
| Food Products | 3.58% | 4.41% |
| Transport Services | 4.09% | 1.39% |
| Agricultural Food & other Products | 3.75% | 1.46% |
| Auto Components | 0.31% | 2.06% |
| Power | 1.83% | 1.92% |
Questions people ask
What is the difference between Axis Consumption and HDFC Consumption returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −3.42% vs −4.89%; 3-year CAGR — vs +10.52%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Axis Consumption and HDFC Consumption compare on risk?
Volatility (36 monthly returns, annualised) 16.90% vs 16.43%; Sharpe ratio -0.52 vs 0.25; Sortino ratio -0.63 vs 0.35; maximum drawdown −20.10% vs −23.48%; beta 0.94 vs 0.95.
How much do Axis Consumption and HDFC Consumption overlap?
By weight, 58.8% of the two portfolios is invested in the same companies; 27 stocks are held by both, the largest shared positions being Eternal Limited, Mahindra & Mahindra Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Axis Consumption and HDFC Consumption?
Axis Consumption: large cap 71.8%, mid cap 13.0%, small cap 14.1%. HDFC Consumption: large cap 69.6%, mid cap 11.7%, small cap 12.7% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Axis Consumption vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.