ICICI Prudential Focused Fund vs JM Focused Fund
ICICI Prudential Focused Fund and JM Focused Fund are both Focused funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +18.83% vs +12.92%, 5-year CAGR +15.19% vs +11.87%, volatility 15.43% vs 17.27%, maximum drawdown −34.15% vs −37.37%. Their portfolios overlap by 8.7% (4 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | JM Financial Mutual Fund |
| Compared as | Focused | Focused |
| NAV | ₹113.3500 | ₹24.0975 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 10 Jan 2013 | 2 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹17,168 Cr | ₹274 Cr |
| Securities held | 30 | 27 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| 1 month | +7.81% | +3.83% |
| 3 months | +1.00% | −2.00% |
| 6 months | +6.19% | +2.82% |
| 1 year | +4.12% | +1.00% |
| 3 years (CAGR) | +18.83% | +12.92% |
| 5 years (CAGR) | +15.19% | +11.87% |
| 7 years (CAGR) | +20.11% | +12.86% |
| 10 years (CAGR) | +16.15% | +13.15% |
| Since launch (CAGR) | +15.57% | +13.98% |
| SIP return (XIRR, 5 years) ⓘ | +16.27% | +12.21% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| 2026 (year to date) | +0.55% | +2.07% |
| 2025 | +16.75% | −0.33% |
| 2024 | +27.98% | +26.10% |
| 2023 | +29.88% | +34.05% |
| 2022 | +7.40% | +7.94% |
| 2021 | +37.81% | +17.62% |
Risk
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.43% | 17.27% |
| Downside volatility ⓘ | 10.26% | 11.94% |
| Sharpe ratio ⓘ | 0.80 | 0.37 |
| Sortino ratio ⓘ | 1.20 | 0.54 |
| Maximum drawdown ⓘ | −34.15% | −37.37% |
| Recovery from that fall | 5 months | 9 months |
| Current fall from peak | −0.93% | −3.02% |
| Rolling 1-year return: worst | −30.00% | −32.25% |
| Rolling 1-year return: median | +13.22% | +12.79% |
| Rolling 1-year return: best | +93.64% | +92.20% |
| Share of 1-year periods with a loss | 13.51% | 21.74% |
Against each fund's benchmark
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Beta ⓘ | 0.95 | 1.05 |
| Alpha (Jensen's, annualised) ⓘ | +5.90% | +0.88% |
| R² ⓘ | 93.29 | 88.71 |
| Upside capture | 113.33% | 110.50% |
| Downside capture | 85.40% | 110.80% |
| Tracking error | 4.06% | 5.91% |
| Information ratio | 1.58 | 0.15 |
| Treynor ratio | 10.64 | 4.37 |
Portfolio
Asset mix
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Equity | 94.55% | 94.17% |
| Cash & equivalents | 4.83% | 5.84% |
| Debt | 0.58% | 0.00% |
Market-cap split (share of fund assets)
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Large Cap | 57.49% | 43.96% |
| Mid Cap | 33.97% | 23.25% |
| Small Cap | 3.13% | 25.79% |
| Unclassified | 0.00% | 1.15% |
Concentration
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Top 10 holdings | 47.03% | 43.75% |
| Effective number of stocks ⓘ | 26.7 | 28.4 |
| Securities held | 30 | 27 |
Portfolio overlap: 8.7%
4 companies are held by both funds; by weight, 8.7% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | ICICI Prudential Focused | JM Focused |
|---|---|---|
| HDFC Bank Limited | 4.77% | 2.59% |
| Adani Ports and Special Economic Zone Limited | 2.43% | 3.88% |
| Hindustan Aeronautics Limited | 2.73% | 2.05% |
| Titan Company Limited | 1.68% | 3.69% |
Top 10 holdings
ICICI Prudential Focused
- ICICI Bank Limited8.73%
- Axis Bank Limited6.78%
- HDFC Bank Limited4.77%
- Mphasis Ltd.4.72%
- TVS Motor Company Ltd.4.32%
- Bharti Airtel Limited4.20%
- HDFC Asset Management Company Limited3.56%
- Ashok Leyland Limited3.52%
- The Phoenix Mills Limited3.21%
- BSE Limited3.20%
JM Focused
- Ujjivan Small Finance Bank Limited5.05%
- Bajaj Finance Limited4.61%
- One 97 Communications Limited4.60%
- Honasa Consumer Limited4.53%
- Larsen & Toubro Limited4.53%
- Samvardhana Motherson International Limited4.17%
- Lodha Developers Limited4.15%
- Eternal Limited4.09%
- Onesource Specialty Pharma Limited4.04%
- IDFC First Bank Limited3.98%
Sector exposure
| ICICI Prudential Focused | JM Focused | |
|---|---|---|
| Banks | 20.29% | 11.62% |
| Capital Markets | 12.48% | 6.60% |
| Auto Components | 0.00% | 10.13% |
| Pharmaceuticals & Biotechnology | 8.97% | 4.04% |
| Finance | 5.59% | 8.05% |
| Consumer Durables | 1.68% | 7.55% |
| Realty | 5.89% | 4.15% |
| IT - Software | 4.72% | 0.00% |
| Financial Technology (Fintech) | 0.00% | 4.60% |
| Personal Products | 3.12% | 4.53% |
| Construction | 0.00% | 4.53% |
| Transport Infrastructure | 4.41% | 3.87% |
| Automobiles | 4.32% | 3.79% |
| Telecom - Services | 4.20% | 0.00% |
Questions people ask
What is the difference between ICICI Prudential Focused and JM Focused returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +4.12% vs +1.00%; 3-year CAGR +18.83% vs +12.92%; 5-year CAGR +15.19% vs +11.87%; 10-year CAGR +16.15% vs +13.15%. Past returns do not indicate future returns.
How do ICICI Prudential Focused and JM Focused compare on risk?
Volatility (36 monthly returns, annualised) 15.43% vs 17.27%; Sharpe ratio 0.80 vs 0.37; Sortino ratio 1.20 vs 0.54; maximum drawdown −34.15% vs −37.37%; beta 0.95 vs 1.05.
How much do ICICI Prudential Focused and JM Focused overlap?
By weight, 8.7% of the two portfolios is invested in the same companies; 4 stocks are held by both, the largest shared positions being HDFC Bank Limited, Adani Ports and Special Economic Zone Limited, Hindustan Aeronautics Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Focused and JM Focused?
ICICI Prudential Focused: large cap 57.5%, mid cap 34.0%, small cap 3.1%. JM Focused: large cap 44.0%, mid cap 23.3%, small cap 25.8% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
ICICI Prudential Focused vs
All Focused comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.