HDFC Focused Fund

Q: What are the returns of this mutual fund scheme?

The HDFC Focused Fund is a 21 yrs 5 m old fund and has delivered average annual returns of 15.8% since inception. HDFC Focused Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.34% 20.77% 21.58% 15.85% 15.8%

Q: How much does this mutual fund charge as expense ratio?

The HDFC Focused Fund has an expense ratio of 1.61% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹232.443-0.68% 1 day change	15.8% p.a.	App exclusive #NA View Ranked Funds	₹26,537 Cr

Historical NAV & returns

NAV: ₹232.443 as on Feb 02, 2026

This fund Category average

HDFC Focused Fund overview

AUM (Fund size)	₹26,537 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 year!
Lock-in Period	Nil
Age	21 yrs 5 m since Aug 20, 2004
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.61% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Focused Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.85%	-8.79%
3 Months	-2.81%	-8.32%
6 Months	2.12%	-5.01%
1 Year	10.34%	0.77%
2 Years	14.42%	3.92%
3 Years	20.77%	13.52%
4 Years	18.67%	9.99%
5 Years	21.58%	12.72%
7 Years	18.34%	13.71%
10 Years	15.85%	13.1%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 67.43%

Mid Cap 5.67%

Small Cap 11.58%

Other Cap 0%

Top holdings

HDFC Bank Ltd.9.18%

ICICI Bank Ltd.8.96%

Axis Bank Ltd.7.18%

State Bank of India5.07%

Top sectors

Financial 37.11%

Automobile 13.459999999999999%

Services 6.680000000000001%

Healthcare 6.5%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

GOI 0.19%

Allocation by Instruments

Repo 13.6%

Real Estate Investment Trusts 1.75%

GOI Securities 0.19%

Other Holdings

Others 13.6%

Nexus Select Trust 1.75%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Focused Fund	-3.85%	2.12%	10.34%	20.77%	21.58%	15.85%
ICICI Prudential India Opportunities Fund	-3.02%	5.18%	11.87%	22.83%	24.41%	13.86%
ICICI Prudential Value Fund	-3.55%	3.69%	11.27%	19.95%	20.57%	16.67%
ICICI Prudential Dividend Yield Equity Fund	-3.71%	3.15%	10.38%	22.01%	23.15%	17.4%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.85%	1.14%	8.2%	20.31%	19.81%	11.98%
SBI Contra Fund	-3.77%	1.88%	6.55%	19.59%	21.15%	17.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Focused Fund	9.53	0.71	1.43	2.29
ICICI Prudential India Opportunities Fund	11.3	0.83	1.35	2.2
ICICI Prudential Value Fund	11.09	0.81	1.18	2.0
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.26	1.98
ICICI Prudential Diversified Equity All Cap Omni FoF	11.66	0.89	1.16	1.79
SBI Contra Fund	12.07	0.91	1.07	1.65

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Focused Fund	N.A.	26,537 Cr	21 yrs 5 m	1.61%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	1.57%
ICICI Prudential Value Fund	N.A.	61,272 Cr	21 yrs 6 m	1.48%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	1.8%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	1.02%
SBI Contra Fund	N.A.	49,967 Cr	20 yrs 8 m	1.5%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.54 vs. 4.3 Higher outperformance against benchmark
Sharpe	1.43 vs. 4.6 Poor risk-adjusted returns
Beta	0.71 vs. 0.75 Less sensitive to market ups & downs
Standard deviation	9.53 vs. 8.85 More volatile performance

Compare HDFC Focused Fund in detail with

About this fund

About HDFC Focused Fund

HDFC Focused Fund is a Strategy mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 21 yrs 5 m, having been launched on 20/08/2004. HDFC Focused Fund has ₹26,537 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Focused Fund as of 02/02/2026 is ₹232.44. The fund has an expense ratio of 1.61%, which is higher than what most other Strategy funds charge.

HDFC Focused Fund returns of last 1-year are 10.72%. Since launch, it has delivered 15.84% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HDFC Focused Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund has the majority of its money invested in Financial, Automobile, Services, Healthcare, Technology sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., State Bank of India, Kotak Mahindra Bank Ltd..

...

Fund AUM	26,537 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Roshi Jain

Ms. Jain is a CFA, ACA and PGDM. Prior to joining HDFC Asset Management Company Limited, she has worked with Franklin Templeton Investments, Goldman Sachs, London, Goldman Sachs, Singapore, Wipro Ltd. and S. R. Batliboi & Co.

Amit Ganatra

Mr. Ganatra holds a Commerce degree and is a Charted Accountant. He is also a Chartered Financial Analyst from AIMR. Prior to joining the HDFC AMC, he has worked with Invesco Asset Management (India) Pvt. Ltd, HDFC Mutual Fund, DBS Cholamandalam AMC Pvt. Ltd. and Fidelity.

Investment objective

The scheme seeks to generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.

HDFC Mutual Fund details

No. of schemes	78 view all schemes
Total AUM	9,43,197 Cr as on Dec 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,452 Cr	8.15%	24.12%
HDFC Mid Cap Fund	N.A.	92,642 Cr	12.7%	23.35%
HDFC Small Cap Fund	N.A.	37,753 Cr	5.31%	22.19%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	11.78%	20.75%
HDFC ELSS Tax Saver Fund	N.A.	17,163 Cr	9.5%	19.23%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Focused Fund?

The current Net Asset Value (NAV) of the HDFC Focused Fund plan is approximately ₹232.443 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HDFC Focused Fund is a 21 yrs 5 m old fund and has delivered average annual returns of 15.8% since inception.

HDFC Focused Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.34%	20.77%	21.58%	15.85%	15.8%

How much does this mutual fund charge as expense ratio?

The HDFC Focused Fund has an expense ratio of 1.61%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HDFC Focused Fund currently has assets under management (AUM) or fund size valued at approximately 26,537 Cr as on Dec 31, 2025.

What are the top stock holdings of HDFC Focused Fund?

The HDFC Focused Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	9.18%
ICICI Bank Ltd.	8.96%
Axis Bank Ltd.	7.18%
State Bank of India	5.07%
Kotak Mahindra Bank Ltd.	4.87%
HCL Technologies Ltd.	4.56%
Maruti Suzuki India Ltd.	3.93%
SBI Life Insurance Company Ltd.	3.6%
Cipla Ltd.	3.42%
Power Grid Corporation Of India Ltd.	2.69%

What are the top sectors HDFC Focused Fund has invested in?

The HDFC Focused Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	37.11%
Automobile	13.459999999999999%
Services	6.680000000000001%
Healthcare	6.5%
Technology	4.56%
Insurance	3.6%
Capital Goods	3.5%
Metals & Mining	3.3099999999999996%
Energy	2.69%
Communication	2.38%

What is risk level of HDFC Focused Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HDFC Focused Fund?

Redeeming your investments in the HDFC Focused Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Strategy

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Strategy funds in the last 10 Years.
Chance: This fund has generated a 8.94% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 year