Edelweiss Consumption Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 16, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Edelweiss Consumption Fund Direct Growth Plan has a NAV of ₹10.9515 as of 15 September 2026 and an AUM of ₹492 Cr. Its 1-year, 3-year and 5-year returns are -4.83%, 0% and 0%, and the fund sits in the High Risk category. Our view is that this is a focused consumption-oriented equity fund that has not yet built a long track record, so the current evidence is more useful for judging short-run behaviour and portfolio shape than for judging full-cycle consistency.
Against a benchmark that has also been weak, the fund has been less negative over the latest year and has shown a steadier three-month pattern than the index. The portfolio is led by autos, retail, telecom and consumer-facing names, so return outcomes are likely to depend on how these themes progress. That makes it a more suitable watchlist idea for investors who can tolerate volatility and want a thematic consumer tilt rather than a low-variation core holding.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹10.9515 as of 15 Sep 2026 |
| AUM | ₹492 Cr |
| Expense Ratio | 0.71% |
| Launch Date | 20 Feb 2025 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% on or before 90D, Nil after 90D |
| Fund Managers | Dhruv Bhatia, Trideep Bhattacharya, Raj Koradia, Amit Vora |
The fund is managed by Dhruv Bhatia, Trideep Bhattacharya, Raj Koradia and Amit Vora.
Source data date: as of 15 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -5.68% | -4.81% |
| 3M | -0.52% | -3.63% |
| 1Y | -4.83% | -8.27% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Recent movement has been uneven. The one-month figure is weaker than the benchmark, which tells us the fund has still been under pressure in the very latest stretch. The three-month picture is more constructive because the fund has declined less than the benchmark, suggesting it held up better through that window even though both remain negative.
The one-year comparison is also better than the benchmark, as the fund’s loss is smaller than the index’s. That matters because it shows relative resilience, but it does not yet turn the fund into a strong compounding story. The available return history is short, so we would read this more as a first check on behaviour than as proof of a mature cycle.
The time pattern is important here. The three-month path looks calmer than the one-month drop, while the one-year path shows a deeper earlier drawdown followed by recovery. That kind of sequence usually signals a fund that can move sharply with sentiment, even if it has avoided the full extent of broader market weakness over some windows.
Because the scheme was launched in 2025, there is no 3-year or 5-year return record yet. For investors, that means the main question is not long-history consistency, but whether the fund’s recent resilience relative to the benchmark is enough to justify accepting High Risk exposure in a thematic equity portfolio.
Source data date: as of 15 Sep 2026
Should you BUY or HOLD Edelweiss Consumption?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Edelweiss Consumption? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Edelweiss Consumption Fund Direct Growth Plan | -4.83% | Data not available | Data not available |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.16% | 37.12% | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 27.47% | Data not available | Data not available |
| SBI Automotive Opportunities Fund Direct Growth Plan | 27.05% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 26.51% | Data not available | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 25.46% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The current fund’s one-year return is negative while several peer funds in the table show positive one-year gains, so the recent gap is clear. Even so, the fund has been less weak than the benchmark over the same horizon, which softens the interpretation a little and points to relative resilience rather than outright strength.
On longer horizons, the comparison is limited because this scheme does not yet have 3-year or 5-year figures. That means peers with available medium-term history show a clearer compounding record, while this fund still sits at an early stage of its lifecycle. The short-term and long-term stories therefore diverge: peers demonstrate established history in some cases, but this fund is mainly judged on its first-year behaviour and positioning.
Source data date: as of 15 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile & Ancillaries | 7.91% |
| Eternal Ltd. | Retailing | 6.83% |
| Titan Company Ltd. | Diamond & Jewellery | 6.04% |
| Bharti Airtel Ltd. | Telecom | 4.89% |
| Maruti Suzuki India Ltd. | Automobile & Ancillaries | 4.73% |
| Hindustan Unilever Ltd. | FMCG | 3.78% |
| Asian Paints Ltd. | Chemicals | 3.41% |
| ITC Ltd. | FMCG | 3.18% |
| Eicher Motors Ltd. | Automobile & Ancillaries | 2.94% |
| LG Electronics India Ltd. | Domestic Equities | 2.89% |
The top 10 holdings account for approximately 46.6% of the portfolio.
To see all holdings, visit the Edelweiss Consumption Fund Direct Growth Plan page
Mahindra & Mahindra Ltd. is the largest holding at 7.91%, which is meaningful but not excessive for a single-stock position in an equity fund. The drop from the first holding to the tenth is fairly gradual rather than abrupt, so exposure is spread across multiple consumer-linked and consumer-adjacent names instead of being dominated by one position.
That said, the top five holdings already add up to a noticeable share of the portfolio, and the top 10 account for 46.6% across 45 disclosed holdings. Our reading is that this points to a moderate level of concentration: enough for the biggest names to matter, but with a long tail that can still reduce the impact of any one stock.
The sector mix in the largest holdings also matters. Autos, retail, telecom, jewellery, FMCG and paints appear near the top, so the fund could be sensitive to shifts in household spending, pricing power and discretionary demand. That makes the portfolio consistent with the scheme’s consumption theme while also keeping the stock selection fairly diversified within that theme.
Source data date: as of 15 Sep 2026
Who should invest
This fund is better suited to investors who can tolerate High Risk exposure and are comfortable with a thematic equity style. The available return record is short, but the latest year is still negative, so this is not a place for investors looking for steady, low-variation outcomes.
It is more appropriate for a medium-to-long investment horizon, because the portfolio needs time for the consumption theme to play out. The main trade-off is that you are accepting concentrated theme exposure in exchange for the possibility that the fund may do better than the broader benchmark over certain periods.
Investors who already have a diversified core portfolio and want a satellite allocation tied to consumer spending trends may find the structure relevant. Those who prefer a long, stable return history or low drawdowns may be less comfortable with this profile.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% if units are sold on or before 90 days; nil after 90 days.
Source data date: as of 15 Sep 2026
Frequently asked questions
What is the current NAV of Edelweiss Consumption Fund Direct Growth Plan?
The current NAV is ₹10.9515 as of 15 September 2026.
How has Edelweiss Consumption Fund Direct Growth Plan performed over 1 year, 3 years and 5 years?
Its 1-year return is -4.83%, while the 3-year and 5-year returns are both 0 because the scheme does not yet have a full return history for those periods.
How does the fund compare with Nifty 50?
It has done better than Nifty 50 over 3 months and 1 year, but the fund is still negative over the latest one-month period. That means it has shown relative resilience in some recent windows rather than broad, lasting outperformance.
How does it compare with peer funds on recent returns?
Its 1-year return is weaker than several peer funds listed here, many of which show positive one-year gains. The comparison is limited on 3-year and 5-year figures because this scheme does not yet have those return records.
What is the minimum SIP amount?
The minimum SIP amount is ₹100.
What are the main portfolio and exit-load features?
The largest holding is Mahindra & Mahindra Ltd. at 7.91%, and the top 10 holdings account for approximately 46.6% of the portfolio. The exit load is 1% if units are sold on or before 90 days, and nil after 90 days.
Bottom line
This fund’s recent behaviour is better than its benchmark in some windows, but the overall return picture is still weak and the history is short. Compared with the peer list, the one-year return trails several other thematic funds, while the portfolio still shows a clear consumption tilt through autos, retail, telecom and FMCG-linked holdings. The profile suits investors who can accept High Risk exposure and want a thematic consumer allocation rather than a steady core equity holding.
Published on 16 September 2026 at 12:38 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.