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.
Direct plans in this category
- HDFC Focused FundHDFC Mutual Fund · NAV ₹255.94 -7.4% 14.2% 14.6%
- Invesco India Focused FundInvesco Mutual Fund · NAV ₹31.00 0.1% 20.5% 13.1%
- ICICI Prudential Focused FundICICI Prudential Mutual Fund · NAV ₹103.58 -7.4% 15.4% 12.9%
- Mahindra Manulife Focused FundMahindra Manulife Mutual Fund · NAV ₹27.40 -8.8% 12.8% 11.3%
- Quant Focused Fundquant Mutual Fund · NAV ₹99.68 -1.5% 12.0% 11.1%
- Bandhan Focused FundBandhan Mutual Fund · NAV ₹101.70 -5.0% 14.3% 10.2%
- Canara Robeco Focused FundCanara Robeco Mutual Fund · NAV ₹20.26 -9.5% 12.6% 10.1%
- Kotak Focused FundKotak Mahindra Mutual Fund · NAV ₹28.34 -4.6% 13.9% 9.8%
- DSP Focused FundDSP Mutual Fund · NAV ₹59.29 -5.1% 11.9% 9.7%
- SBI FOCUSED FUNDSBI Mutual Fund · NAV ₹432.70 2.4% 13.6% 9.7%
- JM Focused FundJM Financial Mutual Fund · NAV ₹22.10 -10.9% 9.7% 9.6%
- HSBC Focused FundHSBC Mutual Fund · NAV ₹27.53 -2.7% 12.2% 9.6%
- Motilal Oswal Focused FundMotilal Oswal Mutual Fund · NAV ₹61.62 16.4% 13.2% 9.3%
- 360 ONE Focused Fund360 ONE Mutual Fund · NAV ₹53.72 -3.2% 10.3% 9.3%
- Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual Fund · NAV ₹159.18 -4.6% 11.9% 8.8%
- UTI Focused Fund (30 stocks)UTI Mutual Fund · NAV ₹15.67 -8.4% 9.8% 8.4%
- Union Focused FundUnion Mutual Fund · NAV ₹28.29 -0.3% 11.0% 8.1%
- Nippon India Focused FundNippon India Mutual Fund · NAV ₹127.40 -7.7% 8.5% 8.0%
- Tata Focused FundTata Mutual Fund · NAV ₹23.61 -10.5% 8.9% 7.9%
- Franklin India Focused Equity FundFranklin Templeton Mutual Fund · NAV ₹106.97 -15.5% 6.7% 7.6%
- Mirae Asset Focused FundMirae Asset Mutual Fund · NAV ₹26.77 -8.5% 8.3% 4.5%
- Axis Focused FundAxis Mutual Fund · NAV ₹60.77 -8.6% 8.5% 2.3%
- Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual Fund · NAV ₹22.82 -10.2% 8.5% —
- Edelweiss Focused FundEdelweiss Mutual Fund · NAV ₹16.30 -8.9% 11.9% —
- ITI Focused FundITI Mutual Fund · NAV ₹16.10 -2.4% 15.7% —
- LIC MF Focused FundLIC Mutual Fund · NAV ₹22.74 -5.9% 8.3% —
- Old Bridge Focused FundOld Bridge Mutual Fund · NAV ₹12.96 — — —
- Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)Sundaram Mutual Fund · NAV ₹175.65 -3.9% 10.5% —
Point-to-point CAGR from AMFI NAV history, Direct 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.