According to reports from Mint, only four focused mutual funds delivered more than 15% SIP returns over five years, with Invesco India Focused Fund leading at 18.33%. ICICI Prudential Focused Equity Fund followed with 16.73%, while HDFC Focused Fund and SBI Focused Fund were the other two schemes to cross the 15% mark with 16.18% and 15.27% respectively. The performance gap between the highest and lowest five-year SIP returns was 10.41 percentage points.
As reported by Mint, SBI Focused Fund is the largest scheme in the category by net assets with ₹50,041 crore, but its 15.27% five-year SIP return placed it fourth among funds crossing the 15% mark. HDFC Focused Fund, the second-largest with ₹27,925 crore in assets, delivered a 16.18% five-year SIP return. Invesco India Focused Fund, with ₹6,065 crore in net assets, topped the performance chart despite having the smallest asset base. The data demonstrates that fund size and recent performance do not necessarily translate into higher five-year SIP returns.
According to Mint data, Mirae Asset Focused Fund delivered the lowest five-year SIP return at 7.92%, followed by Franklin India Focused Equity Fund at 9.01% and Axis Focused Fund at 9.15%. HSBC Focused Fund came closest to the 15% mark at 14.97%, followed by Kotak Focused Fund at 14.89% and Motilal Oswal Focused Fund at 14.82%. Quant Focused Fund delivered 13.98% while Mahindra Manulife Focused Fund posted 13.65%.
As reported by Mint, the three-year SIP return ranking shows significant differences from the five-year performance. Motilal Oswal Focused Fund was the top performer over three years with 16.53%, but its five-year SIP return was 14.82%, leaving it outside the four funds crossing 15%. SBI Focused Fund delivered 14.92% over three years but improved to 15.27% over five years. Invesco India Focused Fund delivered 14.08% over three years but topped the five-year chart at 18.33%. ICICI Prudential Focused Equity Fund showed a notable improvement from 11.96% over three years to 16.73% over five years.
According to Mint, focused funds are equity mutual fund schemes that invest in a concentrated portfolio of up to 30 stocks. Unlike diversified equity funds, which spread investments across a larger number of companies, focused funds allow fund managers to take higher-conviction positions in a limited set of stocks. This concentrated approach can make the performance of individual holdings have a larger impact on overall fund returns. The data suggests that investors comparing focused funds should consider both investment horizon and historical performance rather than relying solely on fund size or a single return period.
