Nifty India Consumption index funds and ETFs

5 index funds and ETFs track the Nifty India Consumption, as each fund house reported for Sep 2026. Closest to the index over the year: Kotak Nifty India Consumption ETF. Tracking difference is the fund's return less the index's over the year; its costs make it negative, so the figure nearest nought is the closest.

ETFs on the Nifty India Consumption

Closest to the index first, then the lowest expense ratio. The premium is the median over the month's trading days of each day's close against its NAV.

  • Kotak Mahindra Mutual Fund logoKotak Nifty India Consumption ETFKotak Mahindra Mutual FundTracking difference−0.05%After fee+0.05%Tracking error0.06%Expense ratio0.11%Fund size, ₹ Cr32Premium or discount+0.10%
  • ICICI Prudential Mutual Fund logoICICI Prudential Nifty India Consumption ETFICICI Prudential Mutual FundTracking difference−0.21%After fee−0.01%Tracking error0.03%Expense ratio0.21%Fund size, ₹ Cr52Premium or discount+0.07%
  • SBI Mutual Fund logoSBI Nifty Consumption ETFSBI Mutual FundTracking difference−0.26%After fee−0.01%Tracking error0.03%Expense ratio0.25%Fund size, ₹ Cr20Premium or discount−0.02%
  • Nippon India Mutual Fund logoNippon India ETF Nifty India ConsumptionNippon India Mutual FundTracking difference−0.30%After fee+0.01%Tracking error0.03%Expense ratio0.31%Fund size, ₹ Cr186Premium or discount+0.09%
  • Axis Mutual Fund logoAxis Nifty India Consumption ETFAxis Mutual FundTracking difference−0.35%After fee+0.07%Tracking error0.04%Expense ratio0.46%Fund size, ₹ Cr13Premium or discount−0.09%

About Nifty India Consumption index funds and ETFs

Nifty India Consumption index funds and ETFs copy the 30 companies of the Nifty India Consumption index, businesses that sell mainly within India, in the index's own weights. Their return is the index's return less their costs. The funds on this page are ETFs, traded on the exchange.

The index they track

The Nifty India Consumption index is maintained by NSE Indices. Its companies come mainly from the Nifty 500, from industries such as consumer non-durables, autos, telecom services, hotels, media and healthcare, and each must earn more than half its revenue in India rather than from exports. It is weighted by free-float market capitalisation: company size counted only on the shares available for trading. A single stock is capped at 10%, with the cap reapplied every quarter, and members are reviewed twice a year on data to 31 Jan and 31 Jul.

Index funds and ETFs

An index fund is bought from and sold back to the fund house at the day's NAV (net asset value, the worth of one unit). An ETF is bought through a broker at a market price that can sit above or below NAV. For each ETF the page shows that premium or discount: the median, across the month's trading days, of each day's close divided by that day's NAV, less one.

Tracking difference and tracking error

Tracking difference is the ETF's return less the index's over the year to the month's end. Costs usually make it negative, so the figure nearest zero is the closest. The after fee figure adds the year's average expense ratio back; when the fee is most of the gap, that can turn a small negative into a positive. Tracking error is the spread of the daily return gaps, put on a yearly scale.

Expense ratio, size and order

The expense ratio is the yearly charge as a share of money invested, taken out of NAV daily. Fund size is assets under management across all plans at month end. The page puts the ETF closest to the index first, then the lowest expense ratio.