HDFC Focused Fund
The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
Growthvine rating: 3/5 — ranked #13 of 28 in category.
Fund basics
| Category | Equity: Focused |
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| NAV | ₹222.20 (as of 2026-10-01) |
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| AUM | ₹28,201 Cr |
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| Expense ratio | 1.36% |
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| Riskometer | Very High |
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| Fund manager | Amit Ganatra |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 15.33% |
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| Sharpe ratio | 0.8 |
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| Standard deviation | 12.70% |
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| Max drawdown | −64.16% |
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| Alpha | 4.03 |
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| Beta | 0.79 |
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Over 5 years, captured 97.3% of Nifty 500's upside and 66.4% of its downside.
Market cap allocation
| Large cap | 76.3% |
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| Mid cap | 14.0% |
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| Small cap | 9.7% |
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Concentration
| Top 5 holdings | 34.6% |
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| Top 10 holdings | 55.0% |
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| Total holdings | 30 |
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| Index overlap | 27.2% |
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| Active share | 72.8% |
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Top holdings
- ICICI Bank Ltd. — 9.5%
- HDFC Bank Ltd. — 7.2%
- AXIS Bank Ltd. — 6.9%
- Kotak Mahindra Bank Ltd. — 5.7%
- State Bank Of India — 5.3%
- Eternal Limited — 4.8%
- Sun Pharmaceutical Industries Ltd. — 4.2%
- HCL Technologies Ltd — 4.0%
- InterGlobe Aviation Limited — 3.9%
- Maruti Suzuki India Ltd. — 3.5%
Top sectors
- Banking & Financial — 37.0%
- Automobile — 11.4%
- Retail — 8.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.9% | Q3 | #18 of 28 |
| 2025 | 10.9% | Q1 (Top) | #4 of 28 |
| 2024 | 24.0% | Q1 (Top) | #6 of 27 |
| 2023 | 29.6% | Q2 | #8 of 25 |
| 2022 | 18.3% | Q1 (Top) | #1 of 22 |