HDFC Nifty India Consumption Index Fund Direct Growth

Equity
Thematic
Very High Risk
Launch date04 Feb 2026
Allotment date18 Feb 2026
End date13 Feb 2026
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.35%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Arun Agarwal
Feb 2026 - Present
View details

Education
Mr. Agarwal is a B.Com. and Chartered Accountant
Experience
Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
Also manages these schemes

Nandita Menezes
Feb 2026 - Present
View details

Education
CA (ICAI, INDIA), B.Com (University of Mumbai)
Experience
Prior to joining HDFC AMC, she was associated with S.V. Ghatalia & Associates LLP.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#2 in India
Total AUM₹9,37,232.21Cr
Date of Incorporation10 Dec 1999

HDFC Nifty India Consumption Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Arun Agarwal is the Current Fund Manager of HDFC Nifty India Consumption Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,37,232 Cr and the Latest NAV as of 06 Mar 2026 is ₹9.39. The HDFC Nifty India Consumption Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;

Investment Objective

The scheme seeks to generate Passive investment in equity nd equity related securities eplicating the composition of he Nifty India Consumption ndex (TRI), subject to tracking errors ;

Fund benchmarkNIFTY India Consumption Total Return Index

Fund house contact details

Address
"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Phone
022 – 66316333
Launch Date
10 Dec 1999