Primarily market-linked growth exposure
The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following consumption theme. There is no assurance that the investment objective of the Scheme will be achieved.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Under normal circumstances, the asset allocation of the Scheme would be as follows: Equity and Equity related instruments of companies following consumption theme: 80%-100% of total assets, Equity and equity related instruments of other than companies following consumption theme, Money market instruments, other liquid instruments, INVITs and mutual fund units including Gold / Silver ETFs: 0%-20% of total assets. Please refer the Scheme Information Document for complete details.
- SEBI category
- Thematic Fund
- Fund type
- An open-ended equity scheme following consumption theme
- Primary benchmark
- Nifty India Consumption Total Return Index (TRI)
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Sumit Bhatnagar · Mr. Nikhil Kapoor
- Manager tenure on this scheme
- Mr. Sumit Bhatnagar — since 21st November 2025 · Mr. Nikhil Kapoor — since 1st July 2026
- Role / co-management
- FM -1- Fund Manager, FM -2- Fund Manager
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| LIC MF Consumption Fund - Direct Plan - Growth | ₹9.8261 | 04 Sep 2026 |
| LIC MF Consumption Fund - Direct Plan - IDCW | ₹9.8261 | 04 Sep 2026 |
| LIC MF Consumption Fund - Regular Plan - Growth | ₹9.7070 | 04 Sep 2026 |
| LIC MF Consumption Fund - Regular Plan - IDCW | ₹9.7070 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.41%, Direct 0.90%
- Exit load
- 1. If units of the Scheme are redeemed / switched-out within 90 days from the date of allotment: a. Upto 12% of the units: No exit load will be levied b. Above 12% of the units: exit load of 1% will be levied 2. If units of the Scheme are redeemed / switched-out after 90 days from the date of allotment: No exit load will be levied.
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP Details - Daily, Weekly,Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
- Minimum SIP amount
- SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
- Minimum instalments
- SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.