This SIP sector fund has given good returns on long-term investments; Check details

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BNP Paribas India Consumption Fund – Direct Plan-Growth

NAV Fund size Expense ratio
₹19.96 ₹875.04Cr 0.80%

NAV as of February 18, 2022

It is a small sector category fund, launched on September 7, 2018. The BNP Paribas India Consumption Fund direct growth scheme has an annualized return of 16.06% over the past year. Over the past 3 years, the fund has delivered absolute returns of 91.42% and absolute returns of 99.28% since inception of the program. BNP Paribas India Consumption Fund Direct-Growth has an AUM value of Rs 875 Cr as of January 31, 2022. The expense ratio of the fund is lower than what most other thematic consumer funds charge. You can start SIP with a minimum investment of Rs 500. Currently, the fund is managed by Karthikraj Lakshmanan, Mayank Prakash and Chockalingam Narayanan.

The ability of the BNP Paribas India Consumption Fund Direct-Growth plan to deliver consistent returns is comparable to that of other funds in its class. He has an above average ability to control losses in a declining market. Investors who have a good understanding of macroeconomic trends and who like to make selected bets for higher returns than other equity funds may consider investing in the fund. However, there can be no assurance that the Plan’s investment objectives will be achieved. Returns are not guaranteed or indicated by the Program.

The primary investment objective of the program is to provide capital appreciation and long-term growth prospects by investing in companies that stand to benefit from offering products and services that meet the growing consumer needs of the India, which are fueled by high disposable income. The Plan also invests in debt and money market assets to generate income.

Absolute and annualized returns

Absolute and annualized returns

Flat-rate returns on investment

Period invested for Absolute returns Annualized returns
1 year 16.06% 16.06%
2 years 42.53% 19.36%
3 years 91.42% 24.14%
Since the creation 99.56% 22.16%

Returns on SIP investment

Period invested for Absolute returns Annualized returns
1 year 6.01% 11.23%
2 years 29.39% 26.83%
3 years 42.34% 24.24%
Wallet

Wallet

The fund is invested in Indian equities for 92.43%, of which 46.05% in large cap equities, 17.92% in mid cap equities and 14.12% in small cap equities. The majority of the fund’s money is invested in the financials, consumer staples, services, automotive and consumer durables sectors. Compared to other funds in the category, it has less exposure to the financial and FMCG sectors. ICICI Bank Ltd., Bharti Airtel Ltd., HDFC Bank Ltd., ITC Ltd. and Hindustan Unilever Ltd. are the fund’s top five holdings.

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