Are Consumption Mutual Funds the Next Big Investment Trend? Let’s Talk!

Hi everyone,
I’ve been exploring different types of mutual funds lately and came across something that seems quite promising—Consumption mutual fund options, particularly the AXIS Consumption Fund. I wanted to start a discussion and hear from others who might be investing in these or considering it.

I understand that Consumption mutual funds invest primarily in sectors driven by consumer spending, like FMCG, automobiles, electronics, and even services like retail and travel. With India’s growing middle class and increasing disposable income, this sector seems to have long-term growth potential.

The AXIS Consumption Fund caught my attention due to its focused approach on companies benefiting from rising consumption trends. I looked up the axis consumption fund NAV, and while past performance doesn’t guarantee future returns, its historical trend seems fairly consistent compared to other sectoral funds.

I’ve been investing through SIP for a while now and considering adding this fund to my portfolio. What do you all think—is this among the Best SIP options for thematic investing? Or should one be cautious because of the sector-specific risks?

Some of my questions:

Has anyone here invested in Consumption mutual funds before?
How does AXIS Consumption Fund perform compared to other consumption-focused funds?
Does the axis consumption fund NAV reflect strong returns over the last 1–3 years?
Would this fund be a smart addition for long-term SIP investors, or is it better suited for those with a short-term goal?
I think with the post-pandemic recovery and consumer demand picking up, there might be a golden opportunity here. But I’m keen to learn from your real-world experiences. If you've included this in your portfolio or have any insights, please do share. Also open to hearing if anyone thinks otherwise!

Let’s make this thread a useful space for people looking to diversify their SIPs into sectoral themes like consumption. Your feedback and opinions will help those considering the same path.

Looking forward to hearing your thoughts!