The total amount invested through the SIP over the period stood at ₹20.4 lakh. The fund house said the investment value had grown to ₹83,35,095, translating into an XIRR of 14.88%.
Canara Robeco Consumption Fund, which was launched on September 14, 2009, has completed 17 years. Since inception, the scheme has delivered a CAGR of 15.07%, compared with 14.08% for its benchmark, the Nifty India Consumption Index TRI, according to the fund house.
A lump-sum investment of ₹10,000 in the scheme’s Regular Plan – Growth Option at inception would have grown to ₹1.08 lakh as of August 31, 2026. The same ₹10,000 invested in the benchmark would have grown to ₹93,560, while the additional benchmark cited by the fund house would have grown to ₹59,460.
The scheme is an open-ended equity fund investing in the consumption theme. Its stated objective is to provide long-term capital appreciation by primarily investing in equity and equity-related securities of entities that directly or indirectly benefit from growing consumer demand in India. The scheme documents also state that there can be no assurance that the investment objective will be achieved.
The fund’s assets under management stood at ₹1,997.74 crore as per fund accounting at the month-end period cited in the product material. Its benchmark is the Nifty India Consumption Index TRI.
The scheme is managed by Ennette Fernandes and Shridatta Bhandwaldar, CIO – Equities, according to the fund house.The scheme has an exit load of 1% if units are redeemed or switched out within one year from the date of allotment, while no exit load is charged after one year, according to the fund’s product information.
The SIP and lump-sum figures represent historical performance based on the assumptions stated by the fund house. Past performance does not indicate future returns, and actual investor returns may vary depending on investment dates, expenses, taxes and other factors.
