EquitySectoral/ ThematicRegularIDCWVery High

ITI Bharat Consumption Fund

Q: What is the NAV of ITI Bharat Consumption Fund?

As of 05 Oct 2026, the NAV of ITI Bharat Consumption Fund is ₹10.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ITI Bharat Consumption Fund delivered?

ITI Bharat Consumption Fund has returned -8.07% over 1 year and +4.02% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund charges an expense ratio of 2.56% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund's largest holdings are Bharti Airtel Limited (6.4%), Eternal Limited (6.0%), Titan Company Limited (4.9%), Mahindra & Mahindra Limited (4.4%) and Maruti Suzuki India Limited (4.3%). Holdings are disclosed monthly and change over time.

Q: How risky is ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.0% and its worst peak-to-trough fall in our sample was -21.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is benchmarked against the Nifty India Consumption (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is managed by Animesh Singh and Dhimant Shah at ITI.

Q: How is ITI Bharat Consumption Fund taxed?

ITI Bharat Consumption Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

ITI Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹10.57

+0.65% 1D

as of 05 Oct 2026

This is the Regular plan of ITI Bharat Consumption Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns

Performance

-8.53%absolute

52-week rangePrev NAV ₹10.50

Latest ₹10.57

Low ₹9.2851st percentile of its 52-week rangeHigh ₹11.83

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.56%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

36.37

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.

Up to 0.50%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty India Consumption (TRI)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

05 Mar 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.95%

Absolute return over the last 3 months (not annualized)

-2.18%

Absolute return over the last 6 months (not annualized)

+11.93%

Absolute return since 1 Jan of this year (not annualized)

-8.52%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-8.07%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+4.02%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.97%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-21.54%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-3.95%	—	—
3M abs	-2.18%	—	—
6M abs	+11.93%	—	—
1Y CAGR	-8.07%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Sectoral/ Thematic, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.18L

Absolute

-1.38%

XIRR

-2.98%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into ITI Bharat Consumption Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-8.52%	-7.18%	-1.34%
2025part	+16.36%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

390

Expense ratio

2.56%

AUM

₹345.15Cr

Portfolio turnover

71%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

36.4

P/B ratio

8.9

Avg market cap

₹2,65,007Cr

P/E & P/B are portfolio-weighted harmonic means across 47 of 58 equity holdings (85% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Sectoral/ Thematic

Compare all


ITI Bharat Consumption FundThis fund ITI · Regular · IDCW	—	-8.07%	—	—	—	2.56%	₹345.15Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · IDCW	—	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · IDCW	—	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · IDCW	—	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Nippon India Japan Equity Fund Nippon India · Regular · IDCW	—	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · IDCW	—	+31.28%	+22.70%	+6.52%	—	2.47%	₹720.84Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap64.4%
Mid cap21.5%
Small cap14.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.34%
Cash & Equivalents0.66%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
HDFC Nifty India Consumption Index Fund HDFC · Index Funds	71.1%	—	0.44%	—
Nippon India ETF Nifty India Consumption Nippon India · Other ETFs	71.1%	—	0.31%	+9.64%
SBI Nifty India Consumption Index Fund SBI · Index Funds	71.1%	★☆☆☆☆	0.43%	—
Axis Consumption Fund Axis · Sectoral/ Thematic	64.2%	★★☆☆☆	0.88%	—
Baroda BNP Paribas India Consumption Fund Baroda BNP Paribas · Sectoral/ Thematic	58.6%	★★★☆☆	0.95%	+8.64%
Edelweiss Consumption Fund Edelweiss · Sectoral/ Thematic	54.7%	★★☆☆☆	0.95%	—
Tata BSE Multicap Consumption 50:30:20 Index Fund Tata · Index Funds	54.1%	—	0.50%	—
HDFC Consumption Fund HDFC · Sectoral/ Thematic	52.3%	★☆☆☆☆	1.39%	+8.16%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 1.29% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Welspun Corp LimitedLong-term · Stage I0.75%
ESDS Software Solution LimitedLong-term · Stage I0.54%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-21.5%20 Oct 2025 → 31 Mar 2026
Still below that high — 5 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹345.15Cr

April - June 2026

-1%

since January - March 2026

+₹7.42Cr

est. net flow, last quarter

At or near its largest, ₹347.10Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

ITI Mutual Fund is run by ITI Asset Management, part of the Investment Trust of India group. It launched its first schemes in 2019 and runs a mix of equity, hybrid and debt funds.

Launched

13 May 2018

Total AUM

₹11,302Cr+4.4% QoQ

Avg AUM · April - June 2026

Website

itiamc.com

Fund Managers

ASAnimesh SinghManaging since 08 May 2026

Role

Fund Manager

Education

Post Graduate Diploma in Management. Bachelor of Honours - (Economics) CFA – USA Certification

Experience

Mr. Animesh Singh is an investment management professional with over 20 years of experience in portfolio management, equity research, and investment advisory services. Prior to Joinig ITI AMC, he served as Director – Investment & Portfolio Manager at Julius Baer Wealth Advisory, where he managed Alternative Investment Fund (AIF) portfolios and advised clients on investment strategies across asset classes. Prior to this, he held senior roles at Centrum Wealth and Nippon Life India Asset Management, managing equity advisory portfolios, PMS mandates, and institutional investment portfolios. He began his career in equity research and credit analysis, covering sectors such as telecom, media, FMCG, and automobiles.

DSDhimant ShahManaging since 06 Mar 2025

Role

Co- Head Equity Manager

Education

B.Com & CA

Experience

Mr. Shah has joined ITI Asset Management Limited in August 2022 and has over 26 years of work experience in capital markets. Past Experience: July 2020- July 2022 with Oneup Finance as Head Research and Co-Fund Manager- Equities; June 2011- Oct 2019 with Principal AMC as Senior Fund Manager.

Funds managed (8)

All schemes Dhimant Shah runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Dhimant Shah

Top holdings

Bharti Airtel Limited Eternal Limited Titan Company Limited Mahindra & Mahindra Limited Maruti Suzuki India Limited ITC Limited Ather Energy Limited TVS Motor Company Limited Nestle India Limited Hindustan Unilever Limited InterGlobe Aviation Limited Bajaj Auto Limited

ITI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of ITI Bharat Consumption Fund?

As of 05 Oct 2026, the NAV of ITI Bharat Consumption Fund is ₹10.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ITI Bharat Consumption Fund delivered?

ITI Bharat Consumption Fund has returned -8.07% over 1 year and +4.02% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund charges an expense ratio of 2.56% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund's largest holdings are Bharti Airtel Limited (6.4%), Eternal Limited (6.0%), Titan Company Limited (4.9%), Mahindra & Mahindra Limited (4.4%) and Maruti Suzuki India Limited (4.3%). Holdings are disclosed monthly and change over time.

How risky is ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.0% and its worst peak-to-trough fall in our sample was -21.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is benchmarked against the Nifty India Consumption (TRI). Its alpha and beta on this page are measured against that index.

Who manages ITI Bharat Consumption Fund?

ITI Bharat Consumption Fund is managed by Animesh Singh and Dhimant Shah at ITI.

How is ITI Bharat Consumption Fund taxed?

ITI Bharat Consumption Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.