An initial overall investment of ₹1 lakh in the start of the background has grown to ₹22.35 lakh.
The fund has generated compound annual growth rates (CAGR), with a 1-year return of 17.68%, a 3-year return of 22.38%, and a 5-year return of 18.84%.
Notably, it has outperformed its benchmark index, the NIFTY India Consumption TRI, which recorded a three-year return of 21.78%.
Managed by Chanchal Khandelwal since 2015 and Dhaval Joshi since 2022, the fund focuses on companies benefiting from rising consumption patterns in India, driven by higher disposable income and greater purchasing power.
This makes it a popular choice for investors looking for long-term capital growth.
Investors who want to take advantage of this trend should consult their financial advisors to evaluate whether this fund aligns with their risk profile and investment objectives.
As always, investments in mutual funds are subject to market risk and past performance may not guarantee future results.
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