The scheme seeks to provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Jayesh Sundar
Mr. Sundar is a Chartered Accountant
Prior to joining Axis MF, he has worked with Aviva Life Insurance Company, Tata Securities Ltd., Collins Stewart India Pvt. Ltd., IL&FS Investsmart and CRISIL
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Consumption Fund is ₹9.39 as of 2026-08-28.
Axis Consumption Fund is classified as a Thematic-Consumption fund.
The Assets Under Management (AUM) of Axis Consumption Fund is ₹2,772.24 Cr.
The expense ratio of Axis Consumption Fund is 2.14%.
Axis Consumption Fund is managed by Jayesh Sundar.
The minimum SIP investment for Axis Consumption Fund is ₹500.
The exit load for Axis Consumption Fund is 1%.
As per the SEBI Riskometer, Axis Consumption Fund carries a Very High risk level.
Axis Consumption Fund has delivered -2.59% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Axis Consumption Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
