Canara HSBC Life NextGen Consumption Fund

Equity Fund
High Risk
Last Updated: 23 Apr 2026
AUM: ₹427 Cr
Assets under management (AUM) is the total market value of the investments that a person or entity manages on behalf of clients. Assets under management definitions and formulas vary by company.
NAV: ₹9.1
-1.52%
NAV, or Net Asset Value, is the value of an investment fund’s assets minus its liabilities. It is calculated by dividing the total value of the fund’s assets by the number of outstanding shares. It is used as an indicator of a fund’s performance and can be compared to its previous NAVs.
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0.19% Annual returns
NextGen Consumption Fund
Performance Graph
As on 23 Apr 2026 
| Data Source - Value research
Fund Definition: To generate long-term capital appreciation through investments in companies that align with the consumption habits, lifestyle choices, and digital adoption of India’s young population, including millennials and Gen Z.

Returns (as on 23 Apr 2026)

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About Canara HSBC Life NextGen Consumption Fund

Canara HSBC Life NextGen Consumption Fund is a Equity Funds launched on 25-11-2025, designed to offer long-term capital growth by investing in a mix of high-quality assets. The fund currently manages an AUM of over ₹427 Cr, with a Net Asset Value (NAV) of ₹9.1 (as of 23 Apr 2026).

Over time, Canara HSBC Life NextGen Consumption Fund has shown stable growth with For longer horizons, it has delivered highlighting its consistent performance track record.

Highlights of Canara HSBC Life NextGen Consumption Fund

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    Top 10 Equity Funds

    Fund name
    Returns
    YTD% 3Y 5Y 10Y
    PNB MetLife Mid Cap Fund 1.8% 26.94% 24.24% Get Details
    Axis Max Life High Growth Fund 0.03% 26.68% 21.26% 18.79% Get Details
    Canara HSBC Life Emerging Leaders Equity Fund 0.51% 25.04% 21.15% Get Details
    Tata AIA Life Multi Cap Fund 19.63% 21% 22% Get Details
    SBI Life Midcap Fund 23.41% 19.7% Get Details
    Tata AIA Life Whole Life Mid Cap Equity Fund 0.61% 24.42% 19.35% 17.93% Get Details
    Bandhan Life Opportunity Fund 18.11% 19.17% Get Details
    Tata AIA Life India Consumption Fund 21.91% 18.98% 20.17% Get Details
    Tata AIA Life Top 200 Fund 21.12% 18.82% 18.81% Get Details
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    Peer Comparison

    • Overview
    • Returns
    Fund name AUM sort icon 1Y sort icon
    SBI Life Equity Fund ₹71,877 Cr - Get Details
    SBI Life Midcap Fund ₹49,877 Cr 9.26% Get Details
    ICICI Prudential Life Maximiser Fund V ₹41,060 Cr 2.1% Get Details
    HDFC Life Opportunities Fund ₹31,034 Cr 6.32% Get Details
    SBI Life Bond Pension II ₹28,700 Cr 1.95% Get Details
    SBI Life Balanced Fund ₹19,525 Cr 0.7% Get Details
    SBI Life Bond Fund ₹17,276 Cr 2.37% Get Details
    ICICI Prudential Life Multi Cap Growth Fund ₹15,215 Cr 2.39% Get Details
    HDFC Life Discovery Fund ₹12,528 Cr 10.55% Get Details
    Kotak Mahindra OM Life Classic Opportunities Fund ₹11,956 Cr 4.49% Get Details
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    Fund name
    Returns
    YTD% 3Y 5Y 10Y
    SBI Life Equity Fund 11.85% 11.06% 11.51% Get Details
    SBI Life Midcap Fund 23.41% 19.7% Get Details
    ICICI Prudential Life Maximiser Fund V 12.98% 12.95% 11.2% Get Details
    HDFC Life Opportunities Fund 19.26% 14.6% 14.2% Get Details
    SBI Life Bond Pension II 0.4% 6.25% 5.24% 6.28% Get Details
    SBI Life Balanced Fund 8.97% 8.35% 9.64% Get Details
    SBI Life Bond Fund 0.28% 6.52% 5.46% 6.65% Get Details
    ICICI Prudential Life Multi Cap Growth Fund 15.9% 12.94% 11.01% Get Details
    HDFC Life Discovery Fund 0.96% 23.48% 18.1% Get Details
    Kotak Mahindra OM Life Classic Opportunities Fund 16.02% 13.61% 13.33% Get Details
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    Invest in a Ulip Plan Today and Watch Your Money Grow Invest in a Ulip Plan Today and Watch Your Money Grow

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    Investment Return Calculator (Power of Compounding)
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    14.27%
    Accelerator Mid-Cap Fund II
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    Frequently Asked Questions
    Canara HSBC Life NextGen Consumption Fund
    Canara HSBC Life NextGen Consumption Fund is a Equity Funds launched on 25-11-2025. It aims to provide long-term capital growth by investing in a diversified portfolio.
    As of 23 Apr 2026, the Net Asset Value (NAV) of Canara HSBC Life NextGen Consumption Fund is ₹9.1.
    Canara HSBC Life NextGen Consumption Fund is suitable for investors looking for moderate risk and stable long-term returns without full exposure to equity market volatility.
    NextGen Consumption Fund is not Shariah-compliant.
    Canara HSBC Life NextGen Consumption Fund has been in the market since 25-11-2025, providing a long and reliable performance history.

    To generate long-term capital appreciation through investments in companies that align with the consumption habits, lifestyle choices, and digital adoption of India’s young population, including millennials and Gen Z.
    Over the past year, Canara HSBC Life NextGen Consumption Fund has delivered a return of approximately 0% CAGR, making it a competitive performer.

    View more FAQ's

    *The Returns in ULIP plans are subject to market risk and are not guaranteed. The investment risk in the policy is borne by the policyholder. The actual returns can vary depending on the performance of the chosen fund, charges towards mortality, allocation, policy admin, cost of riders, etc. The 4% and 8% illustration is neither the minimum or maximum limit that you may get as a policyholder.

    *The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

    *The maturity amount of Rs 50 Lakhs. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 4% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product.

    ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

    ^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

    ++Source -: Google Review Rating available on: http://bit.ly/3J20bXZ

    All Data Source: Value Research

    TERMS AND CONDITIONS APPLY.For more details on risk factors, terms, and conditions, please read the sales brochure and benefit illustration carefully before concluding a sale.

    Policybazaar is a registered Insurance Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2024, License category- Direct Broker (Life & General) |CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 |Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.©️ Copyright 2008-2026 policybazaar.com. All Rights Reserved

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