Focused Mutual Funds
A maximum of 30 stocks, at least 65% in equity.
Concentration by design. Every holding matters, so the fund rises and falls on a handful of decisions — which means the gap between a good and a bad focused fund is far wider than in a diversified one.
Who it suits. Investors who want a manager's highest-conviction ideas and can accept being wrong in a concentrated way. Hold for 7 years or more.
Regular plans in this category
- HDFC Focused FundHDFC Mutual Fund · NAV ₹227.53 -3.5% 13.9% 16.3%
- ICICI Prudential Focused FundICICI Prudential Mutual Fund · NAV ₹92.03 -1.8% 15.4% 13.2%
- Invesco India Focused FundInvesco Mutual Fund · NAV ₹28.97 2.6% 19.7% 13.1%
- Bandhan Focused FundBandhan Mutual Fund · NAV ₹92.03 5.4% 15.2% 11.3%
- Quant Focused Fundquant Mutual Fund · NAV ₹90.73 6.2% 11.8% 11.2%
- JM Focused FundJM Financial Mutual Fund · NAV ₹19.85 -1.3% 10.4% 10.9%
- Mahindra Manulife Focused FundMahindra Manulife Mutual Fund · NAV ₹25.57 -3.5% 10.8% 10.8%
- HSBC Focused FundHSBC Mutual Fund · NAV ₹27.09 7.6% 13.8% 10.7%
- Kotak Focused FundKotak Mahindra Mutual Fund · NAV ₹26.60 3.4% 13.0% 10.1%
- SBI FOCUSED FUNDSBI Mutual Fund · NAV ₹390.16 8.5% 14.2% 10.1%
- Canara Robeco Focused FundCanara Robeco Mutual Fund · NAV ₹19.26 -4.9% 10.8% 9.7%
- 360 ONE Focused Fund360 ONE Mutual Fund · NAV ₹47.70 1.7% 10.3% 9.5%
- Motilal Oswal Focused FundMotilal Oswal Mutual Fund · NAV ₹53.63 24.4% 14.0% 9.3%
- Nippon India Focused FundNippon India Mutual Fund · NAV ₹119.10 -2.4% 8.2% 9.1%
- DSP Focused FundDSP Mutual Fund · NAV ₹53.75 -1.6% 11.6% 8.9%
- Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual Fund · NAV ₹142.21 1.0% 11.3% 8.7%
- Franklin India Focused Equity FundFranklin Templeton Mutual Fund · NAV ₹96.27 -11.9% 6.5% 8.2%
- Union Focused FundUnion Mutual Fund · NAV ₹27.03 3.6% 10.3% 8.0%
- UTI Focused Fund (30 stocks)UTI Mutual Fund · NAV ₹14.97 -4.3% 8.2% 7.6%
- Tata Focused FundTata Mutual Fund · NAV ₹21.92 -6.8% 7.7% 7.6%
- Mirae Asset Focused FundMirae Asset Mutual Fund · NAV ₹24.93 -4.0% 6.7% 4.8%
- Axis Focused FundAxis Mutual Fund · NAV ₹54.45 -2.2% 8.8% 2.4%
- Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual Fund · NAV ₹20.38 -4.9% 6.4% —
- Edelweiss Focused FundEdelweiss Mutual Fund · NAV ₹16.07 -1.9% 10.7% —
- ITI Focused FundITI Mutual Fund · NAV ₹16.12 5.6% 15.8% —
- LIC MF Focused FundLIC Mutual Fund · NAV ₹21.92 1.4% 8.6% —
- Old Bridge Focused FundOld Bridge Mutual Fund · NAV ₹13.51 — — —
- Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)Sundaram Mutual Fund · NAV ₹161.95 0.9% 9.2% —
Point-to-point CAGR from AMFI NAV history, Regular plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Focused fund?
A maximum of 30 stocks, at least 65% in equity. Concentration by design. Every holding matters, so the fund rises and falls on a handful of decisions — which means the gap between a good and a bad focused fund is far wider than in a diversified one.
Who should invest in Focused funds?
Investors who want a manager's highest-conviction ideas and can accept being wrong in a concentrated way. A sensible holding period is 7 years or more.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.