Fundalysisby DARKHORSESTOCKS

Scheme

Axis Consumption Fund

Holds 57 companies worth ₹2,336 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹2,375 CrAxis Consumption Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 9.5% on Aug 2026, ₹2,624 Cr.

  • Largest holding

    Bharti Airtel LimitedBharti Airtel Limited is 9.2% of this scheme's NAV.

  • Fund manager

    Hitesh DasRuns its co-manager part since 12 Sept 2024, as the fund house dates it. With Krishnaa N (co-manager), Jayesh Sundar (co-manager).

Overview(6 Oct 2026)

Fund managers3

  1. Hitesh DasCo-manager · Sept 2024 · 12y · PGDM M.Tech B.Tech
  2. Krishnaa NCo-manager · Sept 2024
  3. Jayesh SundarCo-manager · Jul 2026 · 21y · CA
  1. Shreyash DevalkarSept 2024 – Sept 2026

Key facts

Benchmark
Nifty India Consumption TRI
Expense
Regular 2.17% · Direct 0.88%
Exit load
10% within 90 days
Started
12 Sept 2024
Minimum
₹100

Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

What changed(25 changes)

Oct 2026

1 change
  1. Expense ratio
    5 OctRegular 2.15% → 2.17%

Sept 2026

5 changes
  2. Krishnaa N joined
    10 Septas co-manager
  3. Jayesh Sundar joined
    10 Septas co-manager
  4. Shreyash Devalkar left
    10 Septran it as co-manager from Sept 2024

May 2026

1 change
  1. Expense ratio
    17 MayRegular 1.92% → 1.95%Direct 0.61% → 0.68%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Sept 2024 – now)

  1. Hitesh Das
  2. Krishnaa N
  3. Jayesh Sundar
  4. Shreyash Devalkar
MainCoSlice20252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2024 – Oct 2026)

Every change to the expense ratio, newest first.
22 changesRegularDirectΔ pt
5 Oct 20262.17%0.88%0
28 Sept 20262.15%0.88%0.01
10 Sept 20262.15%0.87%0.19
17 May 20261.95%0.68%0.07
24 Feb 20261.92%0.61%0
18 Jan 20261.91%0.61%0.02
17 Dec 20251.90%0.59%0.01
24 Nov 20251.89%0.58%0.05
13 Nov 20251.88%0.53%0.05
26 Sept 20251.86%0.48%0.02
23 Jun 20251.86%0.46%0.02
4 Jun 20251.86%0.44%0.02
16 Apr 20251.85%0.42%0.01
9 Apr 20251.86%0.43%0.04
25 Mar 20251.86%0.47%0.01
25 Feb 20251.87%0.48%0.05
16 Jan 20251.85%0.43%0.01
30 Dec 20241.84%0.42%0.01
28 Nov 20241.85%0.41%0.05
12 Nov 20241.83%0.36%0.01
16 Oct 20241.82%0.35%0.01
23 Sept 20241.83%0.36%–
Direct plan, 5 Oct 2026
0.88%
Regular plan 2.17% · Exit load 10% within 90 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(6 Oct 2026)

Objective

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. There is no assurance that the investment objective of the Scheme will be achieved

Risk, type and benchmark

At launch
Very High
Type
An open ended equity scheme investing in consumption theme.
Benchmark
Nifty India Consumption TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments of companies engaged inconsumption and consumption related sector or alliedsectors
    Allowed80–100%
  2. Other Equity & Equity Related Instruments
    Allowed0–20%
  3. Debt and Money market instruments
    Allowed0–20%Holds1.0%
  4. Units issued by InVITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.99.0% equity · 1.0% debt and cash

How to invest(6 Oct 2026)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
Systematic
SIP - Daily/Weekly/Monthly/Yearly SWP - Weekly/Monthly/Quarterly/Halfyearly/Yearly STP - Daily/Weekly/Fortnightly/Monthly/Quarterly
Dates
SIP - Except 29,30 and 31 all dates. SWP - Weekly - Any Business Day/ Rest - 1, 5, 10, 15 and 25. STP - Daily/Weekly - Monday to Friday. Fortnightly - alternate Wednesday. Monthly/Quarterly - 1,7,10,15 and 25
Minimum
SIP - Daily/Weekly - 100, Monthly - 500 and Yearly 6000. SWP - Weekly/Monthly/Quarterly/Halfyearly/Yearly - 1000. STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000., then in multiples of ₹1
Instalments
SIP - Daily/Weekly/Monthly - 6. Yearly -3. SWP - Weekly - 5/Monthly - 6. Quarterly/ Halfyearly - 4. Yearly - 2. STP - Daily/Weekly/Fortnightly/Monthly - 6. Quarterly -2.

Selling and switching

Scheme details(6 Oct 2026)

What it is

Category
Thematic Fund
Offer
23 Aug 2024 to 6 Sept 2024
Started
12 Sept 2024
Reopened
18 Sept 2024
Plans
Direct IDCW · Direct Growth · Regular IDCW · Regular Growth
Face value
₹10
Listed
Unlisted

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
DEUTSCHE BANK AG
Auditor
B S R & Co. LLP
Registrar
Kfintech Ltd
SEBI code
AXIS/O/E/THE/24/06/0088