Best Focused Funds in India

31 focused funds in India, of which 21 meet the eligibility criteria, ranked on 5Y return. What compounds over 5–10 years?

Ranked on 5-year annualised return (CAGR), because the question is a 5–10 year one. Funds younger than 5 years are listed after those with a 5-year record. Past performance does not predict future returns.

Focused Funds ranked by 5Y return

#
1HDFC Focused Fund - Growth Option - Direct Plan+19.65%+4.47%+17.56%+17.13%51%-45.6%₹27,925 Cr0.80%
2ICICI Prudential Focused Equity Fund - Direct Plan - GrowthSilver+16.93%+6.99%+18.87%+16.68%50%-34.1%₹17,764 Cr1.18%
3Invesco India Focused Fund - Direct Plan - GrowthGold+16.78%+5.76%+23.50%+23.29%100%-22.0%₹6,065 Cr0.70%
4JM Focused Fund (Direct) - Growth OptionSilver+15.43%+10.96%+15.28%+16.79%50%-37.4%₹289 Cr1.32%
5Mahindra Manulife Focused Fund - Direct Plan -GrowthSilver+15.39%+5.61%+16.01%+21.92%96%-16.5%₹2,161 Cr0.82%
6Kotak Focused Fund- Direct Plan- Growth optionPlatinum+14.36%+12.74%+17.37%+18.58%78%-36.3%₹4,457 Cr0.73%
7HSBC Focused Fund - Direct GrowthGold+14.26%+11.66%+16.65%+18.68%77%-21.2%₹1,773 Cr1.05%
8quant Focused Fund - Growth Option-Direct PlanGold+14.20%+13.79%+15.59%+18.58%59%-36.4%₹850 Cr1.92%
9Canara Robeco Focused Fund - Direct Plan - Growth OptionSilver+13.73%+1.83%+14.97%+18.97%74%-18.1%₹2,872 Cr0.78%
10SBI FOCUSED FUND - DIRECT PLAN -GROWTHPlatinum+13.70%+16.51%+17.17%+16.67%49%-32.7%₹50,041 Cr0.80%
11Bandhan Focused Fund - Direct Plan - GrowthBronze+12.98%+2.91%+16.02%+14.93%30%-37.5%₹2,086 Cr1.01%
12360 ONE Focused Fund-Direct Plan-GrowthSilver+12.73%+8.54%+13.98%+17.16%54%-36.6%₹6,698 Cr1.21%
13Aditya Birla Sun Life Focused Fund - Growth - Direct PlanSilver+12.58%+9.57%+15.11%+15.33%39%-36.7%₹8,017 Cr1.00%
14Nippon India Focused Fund - Direct Plan Growth Plan - Growth Option+12.21%+5.08%+11.96%+16.62%49%-43.4%₹8,530 Cr1.36%
15DSP Focused Fund - Direct Plan - GrowthBronze+11.92%+7.92%+15.42%+15.20%41%-39.3%₹2,642 Cr1.10%
16Franklin India Focused Equity Fund - Direct - Growth+11.87%-3.44%+10.61%+17.09%52%-37.7%₹11,510 Cr1.17%
17Union Focused Fund - Direct Plan - Growth OptionSilver+11.67%+12.50%+13.75%+16.01%44%-34.0%₹448 Cr1.61%
18Tata Focused Fund-Direct Plan-Growth+11.61%+1.44%+12.03%+19.04%71%-37.3%₹1,792 Cr0.88%
19Motilal Oswal Focused Fund - Direct Plan Growth OptionGold+11.41%+27.44%+14.86%+13.59%24%-34.5%₹1,693 Cr1.73%
20Mirae Asset Focused Fund - Direct Plan - Growth+7.99%+1.18%+9.08%+13.46%38%-38.2%₹6,635 Cr0.98%
21Axis Focused Fund - Direct Plan - Growth OptionBronze+6.75%+5.18%+12.48%+14.44%34%-33.7%₹11,316 Cr1.08%

Badges are our own quality tiers — Platinum (top 10%), Gold (25%), Silver (50%), Bronze (75%) — scored within each sub-category, so they compare a fund with its peers and not with funds of a different type. “3Y typical” is the median annualised return across every 3-year holding period the fund has lived through, not a single 3-year figure; “3Y loss odds” is the share of those periods that ended down. “Beat peers” is the share in which it beat its category's median, and “worst fall” is its deepest peak-to-trough drop. Open a fund for the full distribution. Click any column heading to re-sort — including the fund name, which groups a house’s funds together. Funds with no value for a column sort last. Returns over 1 year are annualised (CAGR). Past performance does not indicate future returns. Eligibility: Direct, Growth only, minimum AUM ₹100 Cr, at least 5 year(s) old. Past performance. Returns for 3y/5y are annualised (CAGR) and are withheld where the NAV series does not support the period.

Focused Funds — FAQs
What horizon suits equity funds?

Equity funds are volatile over short periods, so they are generally considered for horizons of five years or more. Over shorter spans the range of outcomes is wide enough that the average return is a poor guide.

What do large, mid and small cap mean?

SEBI defines them by market-capitalisation rank: the top 100 listed companies are large cap, ranks 101–250 are mid cap, and 251 onward are small cap. Categories differ in how much they must hold in each band, which drives most of the difference in volatility.

Should I pick the fund with the highest past return?

Past return alone is a weak signal — it reflects the period measured as much as the fund. Consistency across rolling periods, behaviour in falling markets, cost, and whether the fund still follows the mandate you signed up for all matter. Past performance does not indicate future returns.