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Best FMCG Mutual Funds

Biscuits, soaps, and shampoos are among the everyday products people purchase. Fast-moving consumer goods (FMCG) companies are often considered a defensive bet during market downturns. Their stability has made them a popular option amongst investors. By investing in an FMCG mutual fund, investors can gain exposure to the sector with ease. However, it is important to know what an FMCG fund really is and how investing in the best FMCG mutual funds can help you.

What is an FMCG Mutual Fund?

Fast-moving consumer goods (FMCG) companies produce and sell everyday essentials such as toiletries, packaged food, and beverages.   

FMCG mutual funds are equity-oriented sector-focused mutual funds. The primary objective of an FMCG fund is to invest in the FMCG companies that can offer stability and steady growth in the long term. An FMCG mutual fund offers investors exposure to several FMCG companies, which can be a valuable addition to one’s portfolio. The nature of the products and the sustained growth in consumption in India have driven consistent interest in the FMCG sector.

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List of Fmcg Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y ReturnsRatingFund Size (in Cr)Exit Load
Mirae Asset Great Consumer Fund
EquityVery High113.080.424.3%18.6%19.6%4₹4,786
Exit load of 1% if redeemed within 1 year
ICICI Prudential Bharat Consumption Fund
EquityHigh27.341.13.9%17.9%18.0%4₹3,258
Exit load of 1% if redeemed within 3 months.
Nippon India Consumption Fund
EquityVery High222.860.553.6%16.8%19.7%4₹2,783
Exit load of 1% if redeemed within 1 month.
SBI Consumption Opportunities Fund
EquityVery High347.970.92-5.5%15.3%19.4%4₹3,218
Exit load of 0.10% if redeemed within 30 days.
Tata India Consumer Fund
EquityVery High52.150.71-1.3%20.1%18.1%3₹2,685
Exit load of 0.25% if redeemed within 30 days.
Baroda BNP Paribas India Consumption Fund
EquityVery High35.610.641.8%18.2%17.8%3₹1,553
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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Canara Robeco Consumer Trends Fund
EquityVery High127.880.794.4%17.5%18.3%3₹1,999
Exit load of 1% if redeemed within 1 year
Mahindra Manulife Consumption Fund
EquityVery High25.720.632.3%17.6%17.3%2₹565
Exit load of 1%, if redeemed within 3 months.
Sundaram Consumption Fund
EquityVery High106.821.190.0%16.7%16.2%2₹1,628
Exit load of 0.5% if redeemed within 30 days
Aditya Birla Sun Life Consumption Direct Fund
EquityVery High250.290.774.8%16.3%17.1%2₹6,525
Exit load of 1%, if redeemed within 30 days.
UTI India Consumer Fund
EquityVery High64.041.584.2%16.1%14.4%1₹738
Exit load of 1% if redeemed within 30 days.
HDFC Non-Cyclical Consumer Fund
EquityVery High14.491.040.1%NANA--₹1,081
Exit load of 1%, if redeemed within 30 days.
SBI Nifty India Consumption Index Fund
EquityVery High10.600.47.8%NANA--₹322
Exit load of 0.25%, if redeemed within 30 days.
Kotak Consumption Fund
EquityVery High14.850.568.7%NANA--₹1,709
0.5% for redemption within 90 Days
Quant Consumption Fund
EquityVery High9.720.96-8.5%NANA--₹218
Exit load of 1%, if redeemed within 15 days.

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Best FMCG Mutual Funds

Who Should Consider Investing in FMCG Mutual Funds

An FMCG mutual fund can be a suitable investment option for:

  • Investors with a long-term investment horizon.
  • For investors looking to generate steady, long-term returns instead of high growth.
  • It is ideal for investors looking to diversify and gain exposure to FMCG companies.
  • FMCG mutual funds can be suitable for investors seeking lower volatility among equity funds.
  • Investors looking for a defensive bet during economic downturns can consider investing in an FMCG fund.

Factors to Consider Before Investing in an FMCG Mutual Fund

Investment Goals & Objectives

Before making an investment decision, it is vital for investors to consider their objectives and goals. Having a clear understanding of the risk appetite and expected returns can help one make well-informed decisions. An FMCG mutual fund is an ideal investment option for investors seeking to generate consistent returns that compound over the long term. It is also relatively stable, making it suitable for investors who want lower-risk equity exposure.

Macroeconomic Trends

Macroeconomic trends impact the FMCG sector. It is important to track inflation, interest rates, and income growth. Investors should consider how consumer spending habits have changed, as well as the impact of macroeconomic factors on consumption and demand.

Fund Performance and Asset Allocation

Researching the fund’s past performance is an integral part of the decision-making process. Compare how the fund has fared against benchmark indices and its peers. Investors should also understand how the fund allocates its capital and its portfolio composition to get a comprehensive view of the fund.

Charges and Costs

Picking the most cost-effective mutual fund is essential to safeguard returns. Investors should know the key costs and charges, such as the expense ratio, transaction charges, and the mutual fund's exit load. Comparing them with other FMCG mutual funds can help investors select the appropriate fund.

Major Advantages of Investing in FMCG Mutual Funds

Defensive Sector

The FMCG sector is considered defensive, as it demonstrates resilience even during economic downturns and volatile market conditions. Investing in an FMCG mutual fund can help investors reduce the impact of unfavourable market conditions.

Long-Term Growth

FMCG mutual funds are a great way to generate long-term wealth. Instead of high growth, FMCG mutual funds aim to generate consistent returns that compound in the long run. Moreover, the nature of products and rising consumption support the FMCG sector in generating consistent revenues and growth.

Generate Income Through Dividends

Investors can also generate additional income from an FMCG mutual fund through dividends. FMCG mutual funds invest in several companies that regularly pay dividends, which can help investors generate extra income or reinvest in the fund.

Risks Involved While Investing in FMCG Mutual Funds

Sectoral Concentration

A primary risk of FMCG mutual funds is exposure to a single sector. Since an FMCG mutual fund is concentrated in the FMCG sector, underperformance or a downturn in the sector can have a major impact on the fund's performance.

Limited Return Potential

Although FMCG companies have the potential to generate steady returns, the growth potential is limited. It is very unlikely for these companies to deliver extraordinarily high returns in a shorter term.

Cyclical Risks

Economic cycles play a significant role in the equities market. During periods of economic expansion, cyclical sectors tend to benefit and outperform defensive sectors like FMCG. Poor market timing can lead to investors missing out on growth in other sectors. 

Taxation of FMCG Mutual Funds

Short-term capital gains on investments held for under one year are taxed at 20%, plus applicable cess and surcharge.

Long-term capital gains on holdings held for over one year enjoy an annual exemption of ₹1.25 lakh, with gains beyond this threshold taxed at 12.5%, as announced in Budget 2024.

Dividends are added to your total income and taxed as per your slab rate, with 10% TDS if the dividend income exceeds ₹5,000.

FAQs

Q1. What is meant by an FMCG mutual fund?

An FMCG mutual fund invests in companies in the FMCG sector. These companies produce and distribute essential goods, including snacks, beverages, personal care products, and toiletries.

Q2. Why should I invest in an FMCG mutual fund?

Investing in an FMCG mutual fund can be beneficial because the sector is mostly defensive and stable, especially during market downturns. It also has the potential to generate consistent returns over a long period.

Q3. Are FMCG funds a safe investment?

FMCG funds offer stability and lower volatility compared to other sectors. However, these funds are equity-oriented and are impacted by market and economic conditions.

Q4. Are FMCG funds good for beginners?

Yes, FMCG mutual funds can be good for beginners as they offer professional management and exposure to a key defensive sector.

Q5. What is the ideal investment horizon for FMCG funds?

FMCG mutual funds perform the best in the long run. The ideal investment horizon is 5 years or more.

Q6. How are FMCG mutual funds taxed in India?

Short-term gains on holdings held for less than one year are taxed at 20% plus cess and surcharge. Long-term gains on investments held for over a year are exempt up to ₹1.25 lakh annually, with the excess taxed at 12.5% as per the 2024 Budget. Dividends are taxed at slab rates, with 10% TDS applicable on income above ₹5,000.

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Mirae Asset Great Consumer Fund Direct Growth

Fund Performance: The Mirae Asset Great Consumer Fund has given 18.57% annualized returns in the past three years and 19.6% in the last 5 years. The Mirae Asset Great Consumer Fund comes under the Equity category of Mirae Asset Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Great Consumer Fund via lump sum is ₹5,000 and via SIP is ₹99.

Min Investment Amt₹5,000
AUM₹4,786Cr
1Y Returns4.3%

ICICI Prudential Bharat Consumption Fund Direct Growth

Fund Performance: The ICICI Prudential Bharat Consumption Fund has given 17.89% annualized returns in the past three years and 18.01% in the last 5 years. The ICICI Prudential Bharat Consumption Fund comes under the Equity category of ICICI Prudential Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Bharat Consumption Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹3,258Cr
1Y Returns3.9%

Nippon India Consumption Fund Direct Growth

Fund Performance: The Nippon India Consumption Fund has given 16.83% annualized returns in the past three years and 19.67% in the last 5 years. The Nippon India Consumption Fund comes under the Equity category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Consumption Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹2,783Cr
1Y Returns3.6%

SBI Consumption Opportunities Fund Direct Growth

Fund Performance: The SBI Consumption Opportunities Fund has given 15.25% annualized returns in the past three years and 19.37% in the last 5 years. The SBI Consumption Opportunities Fund comes under the Equity category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Consumption Opportunities Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹3,218Cr
1Y Returns-5.5%

Tata India Consumer Fund Direct Growth

Fund Performance: The Tata India Consumer Fund has given 20.15% annualized returns in the past three years and 18.09% in the last 5 years. The Tata India Consumer Fund comes under the Equity category of Tata Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Tata India Consumer Fund via lump sum is ₹5,000 and via SIP is ₹100.

Min Investment Amt₹5,000
AUM₹2,685Cr
1Y Returns-1.3%

Baroda BNP Paribas India Consumption Fund Direct Growth

Fund Performance: The Baroda BNP Paribas India Consumption Fund has given 18.2% annualized returns in the past three years and 17.79% in the last 5 years. The Baroda BNP Paribas India Consumption Fund comes under the Equity category of BNP Paribas Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas India Consumption Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹1,553Cr
1Y Returns1.8%

Canara Robeco Consumer Trends Fund Direct Growth

Fund Performance: The Canara Robeco Consumer Trends Fund has given 17.52% annualized returns in the past three years and 18.26% in the last 5 years. The Canara Robeco Consumer Trends Fund comes under the Equity category of Canara Robeco Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Canara Robeco Consumer Trends Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹1,999Cr
1Y Returns4.4%

Mahindra Manulife Consumption Fund Direct Growth

Fund Performance: The Mahindra Manulife Consumption Fund has given 17.61% annualized returns in the past three years and 17.25% in the last 5 years. The Mahindra Manulife Consumption Fund comes under the Equity category of Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Mahindra Manulife Consumption Fund via lump sum is ₹1,000 and via SIP is ₹500.

Min Investment Amt₹1,000
AUM₹565Cr
1Y Returns2.3%

Sundaram Consumption Fund Direct Growth

Fund Performance: The Sundaram Consumption Fund has given 16.68% annualized returns in the past three years and 16.16% in the last 5 years. The Sundaram Consumption Fund comes under the Equity category of Sundaram Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Sundaram Consumption Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,628Cr
1Y Returns0.0%

Aditya Birla Sun Life Consumption Direct Fund Growth

Fund Performance: The Aditya Birla Sun Life Consumption Direct Fund has given 16.28% annualized returns in the past three years and 17.08% in the last 5 years. The Aditya Birla Sun Life Consumption Direct Fund comes under the Equity category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Consumption Direct Fund via lump sum is ₹1,000 and via SIP is ₹100.

Min Investment Amt₹1,000
AUM₹6,525Cr
1Y Returns4.8%

UTI India Consumer Fund Direct Growth

Fund Performance: The UTI India Consumer Fund has given 16.07% annualized returns in the past three years and 14.42% in the last 5 years. The UTI India Consumer Fund comes under the Equity category of UTI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in UTI India Consumer Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹738Cr
1Y Returns4.2%

HDFC Non Cyclical Consumer Fund Direct Growth

Fund Performance: The HDFC Non-Cyclical Consumer Fund comes under the Equity category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Non-Cyclical Consumer Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,081Cr
1Y Returns0.1%

SBI Nifty India Consumption Index Fund Direct Growth

Fund Performance: The SBI Nifty India Consumption Index Fund comes under the Equity category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Nifty India Consumption Index Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹322Cr
1Y Returns7.8%

Kotak Consumption Fund Direct Growth

Fund Performance: The Kotak Consumption Fund comes under the Equity category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Consumption Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,709Cr
1Y Returns8.7%

Quant Consumption Fund Direct Growth

Fund Performance: The Quant Consumption Fund comes under the Equity category of Quant Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Quant Consumption Fund via lump sum is ₹5,000 and via SIP is ₹1,000.

Min Investment Amt₹5,000
AUM₹218Cr
1Y Returns-8.5%

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