Best Focused Funds in India (2026)
Live · updated 2026-09-16 Ranked by data, refreshed from daily NAVs
This is the complete, data-ranked list of focuseds we track - every Direct-Growth scheme in the category with a meaningful track record, ordered by long-term quality (King Score). This page is recomputed from NAV data every day, so it cannot go stale, and every fund on it links to a full research page with returns, risk, SIP outcomes, holdings and manager track record.
Tap any column heading to sort. Every fund name links to its full review.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ITI Focused Fund | 69 | 95 | -1.0% | 9.8% | 7.7% | 16.8% | n/a | n/a | 0.61 | n/a | -18.4% |
| 2 | ICICI Prudential Focused Equity Fund | 44 | 90 | 0.1% | 5.1% | -0.9% | 15.4% | 14.8% | 14.9% | 0.63 | 16.7% | -34.1% |
| 3 | Mahindra Manulife Focused Fund | 28 | 87 | -3.4% | 1.1% | -1.3% | 12.0% | 13.0% | n/a | 0.39 | 22.0% | -16.5% |
| 4 | SBI Focused Fund | 90 | 84 | 2.8% | 10.7% | 10.8% | 14.4% | 11.4% | 15.1% | 0.62 | 16.6% | -32.7% |
| 5 | HSBC Focused Fund | 85 | 84 | 3.4% | 11.8% | 6.8% | 13.6% | 12.0% | n/a | 0.43 | 18.6% | -21.2% |
| 6 | Canara Robeco Focused Fund | 46 | 84 | 1.4% | 5.2% | -3.3% | 11.7% | 11.3% | n/a | 0.37 | 19.0% | -18.1% |
| 7 | Kotak Focused Fund | 55 | 82 | 0.1% | 5.9% | 4.2% | 13.4% | 11.5% | n/a | 0.46 | 18.6% | -36.3% |
| 8 | HDFC Focused Fund | 41 | 78 | 0.9% | 2.7% | -2.0% | 14.2% | 17.5% | 14.5% | 0.61 | 17.1% | -45.6% |
| 9 | Edelweiss Focused Fund | 35 | 78 | -0.6% | 2.5% | -1.2% | 11.6% | n/a | n/a | 0.33 | 18.6% | -17.1% |
| 10 | Invesco India Focused Fund | 92 | 77 | 6.0% | 18.6% | 1.7% | 19.9% | 14.4% | n/a | 0.8 | 23.2% | -22.0% |
| 11 | Bandhan Focused Fund | 84 | 77 | 4.0% | 11.0% | 4.8% | 15.0% | 12.1% | 13.8% | 0.54 | 14.9% | -37.5% |
| 12 | Aditya Birla Sun Life Focused Fund | 45 | 69 | 0.2% | 2.9% | 1.2% | 11.3% | 10.0% | 12.6% | 0.34 | 15.3% | -36.7% |
| 13 | quant Focused Fund | 87 | 67 | 0.6% | 15.4% | 8.8% | 12.2% | 12.8% | 14.8% | 0.35 | 18.6% | -36.4% |
| 14 | 360 ONE Focused Fund | 74 | 67 | 2.5% | 9.0% | 2.4% | 10.5% | 10.7% | 15.4% | 0.26 | 17.1% | -36.6% |
| 15 | Motilal Oswal Focused Fund | 99 | 66 | 10.9% | 28.0% | 24.1% | 13.2% | 10.0% | 13.0% | 0.39 | 13.5% | -34.5% |
The category returns: 1 month to 10 years𝕏 Share this statWhatsApp
Over the last 1 year, the category averaged 1.6% - the best, Motilal Oswal Focused Fund, returned 24.1% while the weakest managed -9.8%. That spread is why picking within the category matters. Over 10 years the average compounding rate is 13.5% a year, which turned ₹1 lakh into about ₹354,800.
| Period | Average | Median | Best fund | Weakest |
|---|---|---|---|---|
| 1 month | -3.8% | -4.1% | Bandhan Focused Fund (2.0%) | -5.7% |
| 3 months | 1.6% | 1.2% | Motilal Oswal Focused Fund (10.9%) | -3.4% |
| 6 months | 8.1% | 9.0% | Motilal Oswal Focused Fund (28.0%) | -2.0% |
| 1 year | 1.6% | 0.0% | Motilal Oswal Focused Fund (24.1%) | -9.8% |
| 3 years (CAGR) | 11.6% | 11.6% | Invesco India Focused Fund (19.9%) | 6.6% |
| 5 years (CAGR) | 10.9% | 11.0% | HDFC Focused Fund (17.5%) | 3.9% |
| 10 years (CAGR) | 13.5% | 13.0% | 360 ONE Focused Fund (15.4%) | 11.7% |
Averages across every qualifying fund, refreshed daily. Best-fund links open that fund's full review.
What ₹1 lakh became
The same returns, translated into money - at the average pace and at the best fund's pace:
| Held for | Average pace | ₹1 lakh → (average) | ₹1 lakh → (best fund) |
|---|---|---|---|
| 1 year | 1.6% a year | ₹101,600 | ₹124,100 |
| 3 years | 11.6% a year | ₹139,000 | ₹172,400 |
| 5 years | 10.9% a year | ₹167,700 | ₹224,000 |
| 10 years | 13.5% a year | ₹354,800 | ₹418,800 |
Pre-tax, from historical returns. The averages smooth over a very bumpy ride - see the worst-fall column in the ranking above for what the journey involved.
The category by the numbers
| Funds that qualify | 27 |
| Combined assets | ₹171,062 Cr |
| Average 3-year return | 11.6% a year (best 19.9%, weakest 6.6%) |
| Average 5-year return | 10.9% a year |
| Average worst-ever fall | -30.7% (deepest: -45.6%) |
| Average expense ratio (Direct) | 0.79% |
| Largest fund by assets | SBI Focused Fund (₹46,623 Cr) |
Put the risk number in rupees: at the average worst fall of -30.7%, ₹1 lakh temporarily becomes about ₹69,300. That is the stretch every ranked fund's investors had to sit through at some point - the ranking rewards the funds that made that wait worthwhile.
Momentum check: what is hot right now
As of 2026-09-16, 3 of the 27 funds here rate RS 90 or above (top-decile recent momentum versus peers). The strongest momentum belongs to Motilal Oswal Focused Fund (RS 99/99). Average return over the last 3 months: 1.6%; over 6 months: 8.1%. Momentum is a snapshot, not a ranking criterion here - but it tells you whether this corner of the market is currently in favour.
Before you pick a focused fund: four checks
- Open the fund's page and look at the worst-fall figure in rupees - decide whether you could genuinely sit through it without selling.
- Check the rolling-return consistency, not just the trailing return: a fund that delivered in most windows beats one lucky streak.
- Compare its expense ratio against the category average shown above - a persistent 0.5% cost gap compounds into lakhs over decades.
- If you already own funds in this category, check the portfolio overlap section on the fund page - two funds owning the same stocks is one bet, not two.
Filter the entire Indian mutual fund universe by 40+ metrics - returns, consistency, drawdown, RS Rating, King Score, cost - then chart, compare and backtest anything you find.
How to read the table
RS (1-99) is recent momentum versus category peers - 99 is the hottest right now. King (0-100) is the long-term quality composite this list is ranked by. 3M/6M are recent returns; 3Y and 5Y CAGR are annualised longer records. Sharpe is return earned per unit of volatility - higher means smoother compounding. Roll 3Y is the median of every 3-year holding period in the fund's history, the fairest single return number a fund has. Worst fall is the deepest peak-to-bottom loss ever - the number that tests whether you would have stayed invested. Missing values show as n/a, usually because the fund is too young for that measurement.
The top 10, decoded𝕏 Share this statWhatsApp
- ITI Focused Fund (Focused Fund) - King Score 95/100, RS 69/99 right now. 3-year return 16.8% a year, against a worst-ever fall of 18.4% (₹1 lakh briefly ₹81,600). Sharpe 0.61.
- ICICI Prudential Focused Equity Fund (Focused Fund) - King Score 90/100, RS 44/99 right now. 3-year return 15.4% a year, against a worst-ever fall of 34.1% (₹1 lakh briefly ₹65,900). 5-year pace 14.8% a year, median 3-year rolling return 16.7%, sharpe 0.63.
- Mahindra Manulife Focused Fund (Focused Fund) - King Score 87/100, RS 28/99 right now. 3-year return 12.0% a year, against a worst-ever fall of 16.5% (₹1 lakh briefly ₹83,500). 5-year pace 13.0% a year, median 3-year rolling return 22.0%, sharpe 0.39.
- SBI Focused Fund (Focused Fund) - King Score 84/100, RS 90/99 right now. 3-year return 14.4% a year, against a worst-ever fall of 32.7% (₹1 lakh briefly ₹67,300). 5-year pace 11.4% a year, median 3-year rolling return 16.6%, sharpe 0.62.
- HSBC Focused Fund (Focused Fund) - King Score 84/100, RS 85/99 right now. 3-year return 13.6% a year, against a worst-ever fall of 21.2% (₹1 lakh briefly ₹78,800). 5-year pace 12.0% a year, median 3-year rolling return 18.6%, sharpe 0.43.
- Canara Robeco Focused Fund (Focused Fund) - King Score 84/100, RS 46/99 right now. 3-year return 11.7% a year, against a worst-ever fall of 18.1% (₹1 lakh briefly ₹81,900). 5-year pace 11.3% a year, median 3-year rolling return 19.0%, sharpe 0.37.
- Kotak Focused Fund (Focused Fund) - King Score 82/100, RS 55/99 right now. 3-year return 13.4% a year, against a worst-ever fall of 36.3% (₹1 lakh briefly ₹63,700). 5-year pace 11.5% a year, median 3-year rolling return 18.6%, sharpe 0.46.
- HDFC Focused Fund (Focused Fund) - King Score 78/100, RS 41/99 right now. 3-year return 14.2% a year, against a worst-ever fall of 45.6% (₹1 lakh briefly ₹54,400). 5-year pace 17.5% a year, median 3-year rolling return 17.1%, sharpe 0.61.
- Edelweiss Focused Fund (Focused Fund) - King Score 78/100, RS 35/99 right now. 3-year return 11.6% a year, against a worst-ever fall of 17.1% (₹1 lakh briefly ₹82,900). Median 3-year rolling return 18.6%, sharpe 0.33.
- Invesco India Focused Fund (Focused Fund) - King Score 77/100, RS 92/99 right now. 3-year return 19.9% a year, against a worst-ever fall of 22.0% (₹1 lakh briefly ₹78,000). 5-year pace 14.4% a year, median 3-year rolling return 23.2%, sharpe 0.8.
Frequently asked questions
Which is the best focused fund right now?
On our data-driven ranking as of 2026-09-16, ITI Focused Fund scores highest (King Score 95/100). That is a description of its record versus peers, not a recommendation - rankings move as NAVs update, and the right fund depends on your goals and risk tolerance.
Are focused funds risky?
The category's numbers answer this better than adjectives: the average fund here has seen a worst-ever fall of -30.7%, and the deepest fall in the category is -45.6%. If a temporary loss of that size would make you sell, this category (or its allocation size in your portfolio) deserves a rethink. Risk here is not hypothetical - it is a matter of record.
What returns have focused funds given historically?
Across the 27 funds we track in this category, the average 3-year return is 11.6% a year, with the best at 19.9% and the weakest at 6.6%. Over 5 years the category average is 10.9% a year. These are records, not projections - the next three years owe nothing to the last three.
What is the average 1-year return of focused funds right now?
As of 2026-09-16, the 27 qualifying funds averaged 1.6% over the last year (median 0.0%). The best, Motilal Oswal Focused Fund, returned 24.1%; the weakest returned -9.8%. One year is weather, not climate - check the 5 and 10 year columns before drawing conclusions.
Which focused fund gave the highest return in the last 10 years?
360 ONE Focused Fund leads with 15.4% a year over 10 years - ₹1 lakh became about ₹418,800 pre-tax. The average across funds with a 10-year record is 13.5% a year. A decade-long record says a lot about the past and nothing certain about the next decade.
How is this list ranked?
Funds are ordered by King Score - a 0-100 composite of 3-year returns, rolling consistency, worst drawdown and Sharpe, each measured against category peers. The full formulas are public - see our methodology page. No fund pays to be here and rankings cannot be bought.
Should I invest in the #1 fund on this list?
We cannot tell you that - MF Terminal is descriptive research, not investment advice. A top rank says the past record was strong versus peers. Read the fund's full page, check the drawdowns you would have to sit through, and decide against your own horizon.
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All figures pre-tax, from AMFI NAV history. Rankings are descriptive and change with the data. Nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.