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 ₹271.74 2.1% 17.4% 20.2%
- ICICI Prudential Focused FundICICI Prudential Mutual Fund · NAV ₹111.94 4.3% 18.9% 17.4%
- Invesco India Focused FundInvesco Mutual Fund · NAV ₹32.81 6.1% 23.7% 17.4%
- Mahindra Manulife Focused FundMahindra Manulife Mutual Fund · NAV ₹29.76 2.9% 15.8% 15.6%
- JM Focused FundJM Financial Mutual Fund · NAV ₹24.65 7.7% 15.2% 15.5%
- Quant Focused Fundquant Mutual Fund · NAV ₹106.91 11.4% 14.8% 15.1%
- HSBC Focused FundHSBC Mutual Fund · NAV ₹30.37 10.7% 17.0% 14.7%
- Kotak Focused FundKotak Mahindra Mutual Fund · NAV ₹31.03 10.1% 17.0% 14.4%
- SBI FOCUSED FUNDSBI Mutual Fund · NAV ₹461.34 15.9% 17.5% 14.1%
- Canara Robeco Focused FundCanara Robeco Mutual Fund · NAV ₹21.84 0.2% 14.9% 13.9%
- Bandhan Focused FundBandhan Mutual Fund · NAV ₹106.95 2.7% 16.1% 13.6%
- 360 ONE Focused Fund360 ONE Mutual Fund · NAV ₹56.47 6.7% 13.7% 13.1%
- Nippon India Focused FundNippon India Mutual Fund · NAV ₹137.99 3.3% 12.0% 12.7%
- Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual Fund · NAV ₹169.61 7.1% 15.0% 12.7%
- Franklin India Focused Equity FundFranklin Templeton Mutual Fund · NAV ₹116.45 -5.6% 10.4% 12.3%
- DSP Focused FundDSP Mutual Fund · NAV ₹63.26 5.5% 15.4% 12.0%
- Tata Focused FundTata Mutual Fund · NAV ₹25.71 -0.6% 11.7% 11.9%
- Union Focused FundUnion Mutual Fund · NAV ₹30.08 10.1% 13.4% 11.8%
- UTI Focused Fund (30 stocks)UTI Mutual Fund · NAV ₹16.97 2.6% 12.6% 11.2%
- Mirae Asset Focused FundMirae Asset Mutual Fund · NAV ₹28.42 -0.4% 9.4% 8.4%
- Axis Focused FundAxis Mutual Fund · NAV ₹66.81 3.3% 12.6% 6.7%
- Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual Fund · NAV ₹24.93 0.5% 11.5% —
- Edelweiss Focused FundEdelweiss Mutual Fund · NAV ₹18.21 4.9% 15.3% —
- ITI Focused FundITI Mutual Fund · NAV ₹17.71 12.1% 20.7% —
- LIC MF Focused FundLIC Mutual Fund · NAV ₹24.63 5.2% 11.1% —
- Motilal Oswal Focused FundMotilal Oswal Mutual Fund · NAV ₹63.79 — — —
- Old Bridge Focused FundOld Bridge Mutual Fund · NAV ₹14.24 — — —
- Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)Sundaram Mutual Fund · NAV ₹188.86 5.3% 12.3% —
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.