Investors aiming to tap into consumer funds would find it more sensible to opt for an established scheme with a proven track record. Further, whether excluding cyclical consumption themes would enhance performance and minimise volatility remains uncertain.
Since Aadhaar-based KYC is the best option that allows you to invest across fund houses, it’s best to upgrade your KYC to ‘Validated’, if your KYC is ‘Registered’. For NRIs, it is a bit more complicated since they’re not mandated to have an Aadhaar. But distributors and financial advisors are advising them to obtain an Aadhaar.