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 ₹236.71 1.1% 16.1% 18.7%
- ICICI Prudential Focused FundICICI Prudential Mutual Fund · NAV ₹96.20 3.2% 17.6% 16.0%
- Invesco India Focused FundInvesco Mutual Fund · NAV ₹30.10 4.8% 22.1% 15.7%
- JM Focused FundJM Financial Mutual Fund · NAV ₹20.74 5.9% 13.5% 14.1%
- Mahindra Manulife Focused FundMahindra Manulife Mutual Fund · NAV ₹26.68 1.4% 14.0% 13.5%
- HSBC Focused FundHSBC Mutual Fund · NAV ₹27.84 9.4% 15.6% 13.2%
- Quant Focused Fundquant Mutual Fund · NAV ₹94.83 9.8% 13.1% 13.2%
- SBI FOCUSED FUNDSBI Mutual Fund · NAV ₹409.52 15.1% 16.6% 13.1%
- Kotak Focused FundKotak Mahindra Mutual Fund · NAV ₹27.81 8.6% 15.4% 12.8%
- Bandhan Focused FundBandhan Mutual Fund · NAV ₹88.98 1.4% 14.6% 12.1%
- Canara Robeco Focused FundCanara Robeco Mutual Fund · NAV ₹20.12 -1.2% 13.3% 12.1%
- 360 ONE Focused Fund360 ONE Mutual Fund · NAV ₹49.25 5.7% 12.6% 12.0%
- Nippon India Focused FundNippon India Mutual Fund · NAV ₹124.09 2.6% 11.3% 11.9%
- Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual Fund · NAV ₹148.85 6.1% 13.9% 11.6%
- Franklin India Focused Equity FundFranklin Templeton Mutual Fund · NAV ₹102.13 -6.3% 9.5% 11.4%
- DSP Focused FundDSP Mutual Fund · NAV ₹55.94 4.4% 14.2% 10.8%
- Union Focused FundUnion Mutual Fund · NAV ₹28.15 9.0% 12.3% 10.7%
- Tata Focused FundTata Mutual Fund · NAV ₹22.96 -1.9% 10.1% 10.2%
- UTI Focused Fund (30 stocks)UTI Mutual Fund · NAV ₹15.72 1.2% 11.1% 9.5%
- Mirae Asset Focused FundMirae Asset Mutual Fund · NAV ₹25.62 -1.6% 8.1% 7.1%
- Axis Focused FundAxis Mutual Fund · NAV ₹57.39 2.4% 11.5% 5.7%
- Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual Fund · NAV ₹21.55 -1.3% 9.5% —
- Edelweiss Focused FundEdelweiss Mutual Fund · NAV ₹16.97 3.3% 13.5% —
- ITI Focused FundITI Mutual Fund · NAV ₹16.66 10.1% 18.5% —
- LIC MF Focused FundLIC Mutual Fund · NAV ₹22.10 4.0% 10.0% —
- Motilal Oswal Focused FundMotilal Oswal Mutual Fund · NAV ₹53.67 — — —
- Old Bridge Focused FundOld Bridge Mutual Fund · NAV ₹13.79 — — —
- Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)Sundaram Mutual Fund · NAV ₹168.87 4.2% 11.2% —
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.