Nippon India Consumption Fund - Growth is a mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 30 September 2004 and is managed by Amber Singhania and Kinjal Desai. As of 15 October 2026, the fund has an AUM of ₹2,255.30 Cr and its latest NAV is ₹181.73. The fund has a Very High Risk risk rating.
The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹5,000.
The fund primarily invests in Consumer Cyclical, Consumer Defensive, and Basic Materials and its top holdings include Mahindra & Mahindra Ltd, Eternal Ltd, Maruti Suzuki India Ltd, Hindustan Unilever Ltd, and Bajaj Auto Ltd. The fund has delivered -9.9% returns over the last 1 year, 6.4% annualised returns over 3 years, 8.7% annualised returns over 5 years, and 14.0% annualised returns since inception.
Nippon India Consumption Fund - Growth may be suitable for investors looking for long-term wealth creation and who are comfortable with Very High Risk risk.






