Union Consumption Fund
Direct · GrowthAI Summary
Union Consumption Fund has delivered a 1Y CAGR of -0.3% versus -6.89% for the NIFTY 50, generating positive alpha of 5.55% over one year, though alpha narrows to just 0.12% over 10 years. SIP XIRR data is not available, so direct comparison to the category's strong SIP XIRR averages of 14.1% (1Y) and 16.82% (3Y) cannot be made. Calendar year returns have been muted, at 0.3% in 2025 and -0.6% in 2026.
The fund shows a beta of 0.92 with a favorable downside capture of 79.44% versus an upside capture of 90.23%, indicating it has fallen less than the benchmark in down markets while participating less in rallies. Maximum drawdown is a modest -0.17% with a 137-day recovery, and only one drawdown event exceeding 10% has been recorded. The positive alpha across most time horizons suggests reasonable risk-adjusted outperformance versus the NIFTY 50.
The fund holds 42 stocks with a diversified consumption theme, led by Bharti Airtel (7.46%), Maruti Suzuki (6.07%), and Eternal (5.85%). Sector concentration is meaningful, with Retailing (18.0%), Automobiles (16.9%), and Consumer Durables (13.6%) forming the top three sectors at 48.5% combined. The inclusion of telecom via Bharti Airtel is a notable deviation from a pure consumption mandate.
As a sectoral/thematic consumption fund, its peer group's category average SIP XIRR of 16.82% over 3Y reflects strong sector momentum that this fund's own SIP performance cannot be verified against due to missing XIRR data. Lump-sum CAGRs have been roughly flat over multiple horizons, suggesting weak absolute long-term returns. The consistent positive alpha versus NIFTY 50 across 1Y to 12Y windows indicates steady relative discipline even as absolute returns stagnated.
This fund suits investors with high risk tolerance seeking targeted exposure to India's consumption theme, and it should be treated as a satellite holding rather than a core portfolio fund. A time horizon of at least 5-7 years is advisable given sector cyclicality and the fund's flat absolute returns over shorter windows. Investors should cap sectoral allocation to a small portion of their overall equity portfolio.
- Positive alpha versus NIFTY 50 across most horizons, including 5.55% over 1Y
- Favorable downside capture of 79.44% versus 90.23% upside capture, cushioning losses in weak markets
- Diversified 42-stock portfolio with a low maximum drawdown of -0.17%
- Near-flat lump-sum CAGRs of roughly -0.3% to 0% across 1Y to 15Y horizons indicate weak absolute long-term wealth creation
- High sector concentration, with the top three sectors accounting for 48.5% of the portfolio
- SIP XIRR data is unavailable, preventing like-for-like comparison with the category average SIP XIRR of 14.1% (1Y) and 16.82% (3Y)
Generated on 05-09-2026, 3:01 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.
Not enough data to compute SIP returns.
Not enough data to compute rolling returns.
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +5.55 | 0.92 | 90.2% | 79.4% | -0.3% | -6.9% |
| 3 Years | +1.56 | 0.92 | 90.2% | 79.4% | -0.1% | -2.4% |
| 5 Years | +0.75 | 0.92 | 90.2% | 79.4% | -0.1% | -1.4% |
| 7 Years | +0.39 | 0.92 | 90.2% | 79.4% | -0.0% | -1.0% |
| 10 Years | +0.12 | 0.92 | 90.2% | 79.4% | -0.0% | -0.7% |
| 12 Years | +0.01 | 0.92 | 90.2% | 79.4% | -0.0% | -0.6% |
| 15 Years | -0.09 | 0.92 | 90.2% | 79.4% | -0.0% | -0.5% |
| # | Stock | % of NAV |
|---|---|---|
| 1 | Bharti Airtel Ltd. | 7.46% |
| 2 | Maruti Suzuki India Ltd. | 6.07% |
| 3 | Eternal Ltd. | 5.85% |
| 4 | Mahindra & Mahindra Ltd. | 5.73% |
| 5 | Trent Ltd. | 3.95% |
| 6 | Varun Beverages Ltd. | 3.86% |
| 7 | Titan Company Ltd. | 3.64% |
| 8 | Radico Khaitan Ltd. | 3.49% |
| 9 | Ather Energy Ltd. | 3.01% |
| 10 | Zydus Wellness Ltd. | 3.00% |