Scheme

ICICI Prudential Bharat Consumption Fund

Holds 57 companies worth ₹2,872 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹3,049 CrICICI Prudential Bharat Consumption Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.9% on Aug 2026, ₹3,238 Cr.
Largest holding
Hindustan UnileverHindustan Unilever is 9.3% of this scheme's NAV.
Fund manager
Priyanka KhandelwalRuns it since 1 Jul 2022, as the fund house dates it. With Sharmila D'mello (overseas).

Overview^{(1 Sept 2026)}

Fund managers2

Priyanka KhandelwalFund manager · Jul 2022 · 10y · CS B.Com
Sharmila D'melloOverseas · Jul 2022

Sankaran NarenMay 2022 – Apr 2025

Key facts

Benchmark: Nifty India Consumption TRI
Risk: Very High
Expense: Regular 2.14% · Direct 1.32%
Exit load: 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to three months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than three months from the date of allotment
Started: 12 Apr 2019
Minimum: ₹5,000

Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

What changed^{(6 changes)}

Aug 2026

3 changes

Exit load
31 Aug1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to three months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than t → 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to three months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than three months from the date of allotment
Expense ratio
31 AugRegular 2% → 2.14%Direct 1.1% → 1.32%
Category
31 AugEquity - Sectoral/Thematic → Equity - Thematic

Jan 2026

1 change

Expense ratio
5 JanRegular 2.05% → 2%Direct 1.28% → 1.1%

Apr 2025

2 changes

Sankaran Naren left
25 Aprran it as co-manager from May 2022
Expense ratio
25 AprRegular 2% → 2.05%Direct 1.09% → 1.28%

Source.Its filings at NSE, since Nov 2024.

Fund managers over time^{(May 2022 – now)}

MainCoSlice2023202420252026

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^{(Nov 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
4 changes	Regular	Direct	Δ pt
31 Aug 2026	2.14%	1.32%	0.22
5 Jan 2026	2.00%	1.10%	0.18
25 Apr 2025	2.05%	1.28%	0.19
7 Nov 2024	2.00%	1.09%	–

Direct plan, 31 Aug 2026

1.32%

Regular plan 2.14% · Exit load 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to three months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than three months from the date of allotment

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^{(1 Sept 2026)}

Objective

To generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors. However, there can be no assurance or guarantee that the in

Risk, type and benchmark

Riskometer: Very High
At launch: High
Type: Open Ended
Benchmark: Nifty India Consumption TRI
Benchmark 2: Nifty 50 TRI

Asset allocation it may hold% of NAV

Equity and Equity Related Instruments of companies engaged in consumption and consumption related activities or allied sectors
Allowed80–100%
Other equity and equity related securities
Allowed0–20%
Money market instruments, other liquid instruments^, Gold ETFs, Units of Overnight funds, Liquid funds and Money Market funds
Allowed0–20%
Units issued by InVITs
Allowed0–10%Holds0.0%

Holds in Sept 2026.94.2% equity · 5.8% debt and cash

How to invest^{(1 Sept 2026)}

Buying

To start: ₹5,000, then in multiples of ₹1
To add: ₹1,000, then in multiples of ₹1
SIP how often: Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is n
SIP minimum: Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000, then re. 1/-
SIP instalments: Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

Selling and switching

To redeem: Any amount
Switch minimum: ₹5,000
Switch multiples: Any amount
STP how often: Daily,Weekly,Fortnightly,Monthly,Quarterly
STP dates: Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is no
STP minimum: Monthly, Fortnightly, Weekly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments: Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
SWP how often: Monthly,Quarterly, Half Yearly,Annual
SWP dates: Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business
SWP minimum: Any amount, then re. 1
SWP instalments: Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details^{(1 Sept 2026)}

What it is

Category: Equity - Thematic
Offer: 26 Mar 2019 to 9 Apr 2019
Started: 12 Apr 2019
Reopened: 18 Apr 2019
Plans: ICICI Prudential Bharat Consumption Fund - Direct Plan - Growth · ICICI Prudential Bharat Consumption Fund - Direct plan - IDCW · ICICI Prudential Bharat Consumption Fund - Growth · ICICI Prudential Bharat Consumption Fund - IDCW
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: Provisions pertaining to segregated portfolio have been added
Custodian: HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A., Hongkong and Shanghai Banking Corporation Limited (HSBC) are acting as Custodians for the Scheme.
Auditor: BSR & Co. LLP
Registrar: Computer Age Management Services Limited
SEBI code: ICIC/O/E/THE/18/12/0105