Motilal Oswal Consumption Fund
Direct · GrowthAI Summary
Motilal Oswal Consumption Fund delivered a 1Y SIP XIRR of 34.71%, well above the category average of 10.7%. On a lump-sum basis, the fund's 1Y CAGR of 12.46% significantly outpaced the NIFTY 50's -11.13%, generating alpha of 23.26% over 1Y and positive alpha across all longer windows. However, longer-term lump-sum CAGRs remain modest, with the 5Y CAGR at just 2.38% versus a benchmark CAGR of -2.33%.
The fund shows a Beta of 0.9814, moving nearly in line with the NIFTY 50, but a Downside Capture of 71.41% versus Upside Capture of 100.58% indicates strong risk-adjusted behavior — it falls much less than the benchmark while keeping pace on the upside. Maximum drawdown was a shallow -0.198%, recovering in 100 days over a 139-day drawdown period, with only one drawdown event exceeding 10%. This suggests effective downside protection during the measured period.
The portfolio holds 26 stocks, led by Bharti Airtel (8.88%), Sky Gold and Diamonds (5.88%), and Mahindra & Mahindra (5.84%), with the top 10 holdings comprising roughly 53% of NAV. Sector concentration is meaningful, with Consumer Durables (19.8%), Retailing (13.8%), and Automobiles (11.8%) dominating, while healthcare services adds a 9.3% defensive tilt. The inclusion of names like One 97 Communications (fintech) and Bharti Airtel (telecom) shows a broad interpretation of the consumption theme beyond traditional retail and durables.
The fund's 1Y SIP XIRR of 34.71% dramatically exceeds the category average of 10.7%, indicating strong recent momentum relative to sectoral/thematic peers. The low downside capture and consistent positive alpha across 1Y through 15Y windows suggest disciplined stock selection rather than mere beta exposure. As a thematic consumption fund, it competes well on risk-adjusted terms, though lump-sum CAGRs over longer horizons remain modest in absolute terms.
This fund suits investors with high risk tolerance seeking targeted exposure to India's consumption theme, ideally as a satellite allocation of 5-10% of an equity portfolio rather than a core holding. A time horizon of at least 5-7 years is recommended, as thematic funds are cyclical and the fund's longer-term lump-sum returns have been modest despite recent outperformance. Investors should be comfortable with sector concentration risk and periods of underperformance when the consumption cycle weakens.
- 1Y SIP XIRR of 34.71% far exceeds the category average of 10.7%
- Downside capture of 71.41% with upside capture of 100.58% indicates strong downside protection
- Positive alpha over the NIFTY 50 across all measured windows, including 23.26% over 1Y
- Long-term lump-sum CAGRs are weak in absolute terms, with the 5Y CAGR at just 2.38%
- High sector concentration in Consumer Durables (19.8%) and Retailing (13.8%) amplifies thematic cyclicality
Generated on 20-10-2026, 3:08 AM. Verify before investing.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹13.94 L | 36.8% | 30.7% | 44.7% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 36.8% | 14.3% | 10.7% | +22.5% |
Not enough data to compute rolling returns.
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +23.26 | 0.98 | 100.6% | 71.4% | 12.5% | -11.1% |
| 3 Years | +7.66 | 0.98 | 100.6% | 71.4% | 4.0% | -3.9% |
| 5 Years | +4.55 | 0.98 | 100.6% | 71.4% | 2.4% | -2.3% |
| 7 Years | +3.21 | 0.98 | 100.6% | 71.4% | 1.7% | -1.7% |
| 10 Years | +2.21 | 0.98 | 100.6% | 71.4% | 1.2% | -1.2% |
| 12 Years | +1.82 | 0.98 | 100.6% | 71.4% | 1.0% | -1.0% |
| 15 Years | +1.43 | 0.98 | 100.6% | 71.4% | 0.8% | -0.8% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Bharti Airtel Limited | 8.88% |
| 2 | Sky Gold And Diamonds Limited | 5.88% |
| 3 | Mahindra & Mahindra Limited | 5.84% |
| 4 | Kalyan Jewellers India Limited | 5.57% |
| 5 | Healthcare Global Enterprises Limited | 5.51% |
| 6 | One 97 Communications Limited | 5.45% |
| 7 | V2 Retail Limited | 4.53% |
| 8 | Eternal Limited | 4.04% |
| 9 | Radico Khaitan Limited | 4.04% |
| 10 | Aster DM Healthcare Limited | 3.75% |