Best Focused Funds in India

29 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

#Fund
1HDFC Focused Fund - Growth Option - Direct Plan+19.84%+5.45%+17.46%+17.08%51%-45.6%₹27,303 Cr0.76%
2ICICI Prudential Focused Equity Fund - Direct Plan - GrowthSilver+17.44%+7.91%+18.76%+16.58%50%-34.1%₹17,012 Cr1.17%
3Invesco India Focused Fund - Direct Plan - GrowthSilver+17.05%+5.07%+23.24%+23.24%100%-22.0%₹5,989 Cr0.70%
4Mahindra Manulife Focused Fund - Direct Plan -GrowthSilver+15.86%+5.99%+16.08%+22.01%98%-16.5%₹2,198 Cr0.81%
5JM Focused Fund (Direct) - Growth Option+15.49%+9.12%+15.19%+16.86%50%-37.4%₹286 Cr1.32%
6Kotak Focused Fund- Direct Plan- Growth optionGold+14.61%+13.72%+17.01%+18.62%78%-36.3%₹4,299 Cr0.72%
7quant Focused Fund - Growth Option-Direct PlanBronze+14.33%+14.15%+15.00%+18.62%59%-36.4%₹846 Cr1.92%
8HSBC Focused Fund - Direct GrowthSilver+14.17%+10.52%+16.17%+18.70%78%-21.2%₹1,723 Cr1.05%
9Canara Robeco Focused Fund - Direct Plan - Growth OptionBronze+14.11%+2.73%+15.10%+19.04%76%-18.1%₹2,769 Cr0.78%
10SBI FOCUSED FUND - DIRECT PLAN -GROWTHPlatinum+13.91%+16.24%+16.58%+16.65%49%-32.7%₹47,274 Cr0.80%
11Bandhan Focused Fund - Direct Plan - Growth+13.41%+4.66%+16.34%+14.92%30%-37.5%₹2,067 Cr1.01%
12Aditya Birla Sun Life Focused Fund - Growth - Direct PlanBronze+13.04%+10.04%+14.98%+15.36%39%-36.7%₹7,855 Cr0.99%
13360 ONE Focused Fund-Direct Plan-GrowthBronze+12.86%+8.51%+13.65%+17.20%54%-36.6%₹6,645 Cr1.21%
14Nippon India Focused Fund - Direct Plan Growth Plan - Growth Option+12.37%+5.69%+12.24%+16.67%49%-43.4%₹8,531 Cr1.37%
15Tata Focused Fund-Direct Plan-Growth+12.20%+3.53%+12.16%+19.20%72%-37.3%₹1,760 Cr0.88%
16Franklin India Focused Equity Fund - Direct - Growth+11.92%-2.80%+10.24%+17.15%52%-37.7%₹11,409 Cr1.17%
17DSP Focused Fund - Direct Plan - Growth+11.91%+6.54%+15.22%+15.17%41%-39.3%₹2,601 Cr1.09%
18Union Focused Fund - Direct Plan - Growth Option+11.57%+11.46%+13.13%+16.14%45%-34.0%₹440 Cr1.61%
19Motilal Oswal Focused Fund - Direct Plan Growth OptionSilver+11.39%+24.54%+13.91%+13.57%25%-34.5%₹1,635 Cr1.73%
20Mirae Asset Focused Fund Direct Plan Growth+7.93%+0.54%+8.40%+13.60%38%-38.2%₹6,576 Cr0.98%
21Axis Focused Fund - Direct Plan - Growth Option+6.84%+4.97%+11.32%+14.50%34%-33.7%₹11,078 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 numeric column to re-sort; funds with no value for that 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.