Investment Objective and Approach

The Axis Consumption Fund invests in equity and equity-related securities of companies engaged in or expected to benefit from consumption and consumption-related activities across various sectors like FMCG, automobiles, consumer services, consumer durables, telecommunications, healthcare, power, and realty. The scheme seeks to provide long-term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.

The fund follows a thematic investment approach with the following key strategies:

- Diversified Consumption Focus: The fund extends its investment scope to include sectors such as consumer discretionary, retail, automotive, and real estate, allowing it to capture opportunities across various industries within the consumer sector, beyond just the FMCG giants

- Bottom-up Stock Selection: The fund managers adopt a meticulous bottom-up approach to stock selection, assessing individual companies based on their unique potential and growth prospects

- Growth-oriented Strategy: The fund aims to take advantage of increasing incomes, fast urbanisation, and a growing middle class in India through carefully selected stocks expected to thrive due to the country's expanding consumption patterns

Asset Allocation Strategy

The scheme will invest 80-100% of its units in equity and equity-linked instruments of companies operating in the consumer goods or related industries, 0-20% in other equity and equity-linked instruments, 0-20% in Debt & Money Market Instruments, and 0-10% in REITs & InVITs units.

Fund Managers

The Axis Consumption Fund is managed by a team of experienced professionals:

Shreyash Devalkar (Primary Fund Manager)

Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University. Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.

Hitesh Das (Co-Fund Manager)

Mr. Das is a PGDM, M.Tech, B.Tech. Prior to joining Axis Mutual Fund, he has worked with Barclays Securities India Pvt. Ltd., Credit Suisse Securities (India) Pvt. Ltd., Ebusinessware (India) Pvt. Ltd., Yes Bank.

Krishnaa Narayan

Krishnaa Narayan is the Current Fund Manager of Axis Consumption Fund, specializing in foreign securities.

About the Fund House (AMC)

Axis Asset Management Company Limited

Axis Mutual Fund was established in October 2009 after registering with SEBI or the Securities and Exchange Board of India. Axis Bank holds 75% of the share in the asset management company while Schroder Singapore holds the remaining 25%. Axis Mutual Fund has Axis Bank Limited as the sponsor and Axis Mutual Fund Trustee Limited as the trustee.

Key Facts about Axis AMC:

- Number of schemes: 157

- Address: Axis Asset Management Company Ltd., Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, Maharashtra, 400 025

- Investment Philosophy: Play a serious and credible role in investor's money basket. Encourage investors to build a long-term perspective of the mutual fund category and leverage the equity of the 'Axis' brand while aiming at building relationships rather than being transactional

Fund Statistics (as of latest available data)

- Launch Date: September 4, 2009 (original launch), August 23, 2024 (new scheme launch)

- AUM: ₹4,100.18 Crores as of June 23, 2025

- Expense Ratio: 0.44% (Direct Plan) as of June 23, 2025

- Minimum Investment: SIP ₹500, Lump sum ₹100

Should I Invest in Axis Consumption Fund?

Suitable For:

- Long-term Investors: It is recommended to stay invested in thematic consumption mutual funds for a typical investment horizon of 5+ years to fully benefit from the long-term growth potential of the consumption sector

- Growth-oriented Investors: Investors with a long-term investment horizon (5+ years) who are looking to tap into the growth potential of India's consumption sector and seeking exposure to high-growth sectors driven by increasing consumer spending

- High Risk Appetite: The fund is rated Very High risk and is a very high-risk scheme

Key Considerations:

- Thematic Risk: Consumption funds may carry higher risk compared to more diversified funds, as they are focused on specific sectors related to consumption. However, Axis Consumption Fund mitigates some of this risk by diversifying investments across multiple sectors within the consumption theme

- Market Dependency: The fund's performance is closely tied to India's consumption story and economic growth

- Sector Concentration: While diversified within consumption themes, the fund has concentrated exposure to consumption-related sectors

Growth Drivers:

Axis Mutual Fund anticipates strong and steady expansion in consumption levels across various sectors over the next decade, fueled by increasing aspirations in urban and rural areas, escalating incomes, rapid urbanisation, and evolving consumer choices.

FAQs

What is today's NAV of Axis Consumption Fund?

The latest NAV for Axis Consumption Fund is ₹9.36 as of June 23, 2025. NAV changes daily based on market performance.

What is the AUM of Axis Consumption Fund?

The AUM of Axis Consumption Fund is ₹4,100.18 Crores as of June 23, 2025. This indicates strong investor interest in the fund.

What is the expense ratio of Axis Consumption Fund?

The expense ratio is 0.44% for the Direct Plan as of June 23, 2025. Regular plan expense ratios are typically higher due to distributor commissions.

What are the returns of Axis Consumption Fund since inception?

The scheme return performance is -5.46% since scheme launch. As a relatively new scheme, long-term performance data is limited.

What is the minimum SIP amount to invest in Axis Consumption Fund?

The minimum SIP amount is ₹500, with some platforms offering as low as ₹100. This makes it accessible for small investors.

How do I invest in Axis Consumption Fund?

You can invest through Allvest platform by selecting the fund, choosing SIP or lump sum, completing KYC requirements, and making the payment. Allvest offers a seamless digital investment experience.

How to start a SIP in Axis Consumption Fund?

Log in to your Allvest account, search for Axis Consumption Fund, select SIP option, choose amount and frequency, set up auto-debit, and confirm your investment.

How do I automate an SIP in Axis Consumption Fund?

Through Allvest, you can set up automatic SIP with bank mandate or NACH for seamless monthly investments. This ensures consistent investment without manual intervention.

How can I withdraw/redeem my investment in Axis Consumption Fund?

You can redeem through Allvest by logging into your account, selecting the fund, choosing partial or full redemption, and submitting the request. Note that 1% exit load applies for redemption within 12 months (except for up to 10% of investments), with no exit load after 12 months.