MonitorDirect · GrowthWatch before adding
ICICI Prudential Focused Fund
ICICI Prudential Mutual FundEquity Schemes - Focused Fund13.8 years
The scheme seeks to generate capital appreciation by investing in a concentrated portfolio of equity and equity related securities of up to 30 companies across market capitalization i.e. focus on multicap.
- NAV
- 104.03
- 28 Oct 2026
- 1Y
- -5.6%
- Trailing CAGR
- AUM
- ₹17,167.65 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer Canara Robeco Focused Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.12% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -34.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
47% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Vaibhav Dusad · 4.2 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 48.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 34%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-5.6%
- 3Y+16.4%
- 5Y+13.4%
- 10Y+14.8%
- SI+14.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-5.5%
- 3Y+5.5%
- 5Y+13.1%
- 10Y+16.2%
- Since inception
- +14.9%
- Calendar-day CAGR
- Excess 1Y
- +2.1%
- Category median, same plan and option
- 3Y win rate
- +47%
- Windows beating the median
- 3Y percentile
- 89
- Vs comparable share classes
- SIP 3Y XIRR
- +5.5%
- Simulated monthly SIP
- Worst rolling 3Y
- -6.5%
- 2647 daily-ending windows
- Median rolling 3Y
- +16.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2153 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -34.1%
- Worst peak-to-trough
- Current
- -9.1%
- Below last peak
- Current spell
- 294 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 174 recovered episodes
- Longest recovery
- 151 days
- Trough to prior peak
7 Sept 2018 – 21 Aug 2020
Trough 23 Mar 2020 · recovered in 151 days
-34.1%
2 Mar 2015 – 12 Jul 2016
Trough 29 Feb 2016 · recovered in 134 days
-22.4%
27 Sept 2024 – 26 Jun 2025
Trough 28 Feb 2025 · recovered in 118 days
-16.8%
7 Jan 2026 – open
Trough 30 Mar 2026 · not recovered
-16.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
89
Vs category
63
Consistency
50
Risk-adjusted
56
Drawdown
15
Mean
55
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 38 holdings · top 10 are 48.1%.
- Top 5
- 29.3%
- Top 10
- 48.1%
- Largest holding
- 8.7%
- Effective holdings
- 25.4
ICICI Bank Ltd
Financial
8.7%
Axis Bank Ltd
Financial
6.8%
HDFC Bank Ltd
Financial
4.8%
Mphasis Ltd
Technology
4.7%
TVS Motor Company Ltd
Consumer Discretionary
4.3%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
18 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
17 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
15 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Canara Robeco Focused Fund
Canara Robeco Mutual Fund
- 1Y
- -8.3%
- 3Y
- +12.8%
- Vol
- 13.4%
- Max DD
- -18.1%
- Sharpe
- 0.61
- 3Y win
- +71%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Invesco India Focused Fund
Invesco Mutual Fund
- 1Y
- +2.5%
- 3Y
- +20.8%
- Vol
- 15.2%
- Max DD
- -22.0%
- Sharpe
- 0.95
- 3Y win
- +96%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Mahindra Manulife Focused Fund
Mahindra Manulife Mutual Fund
- 1Y
- -8.7%
- 3Y
- +12.3%
- Vol
- 14.3%
- Max DD
- -16.5%
- Sharpe
- 0.87
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
UTI Focused Fund (30 stocks)
UTI Mutual Fund
- 1Y
- -7.6%
- 3Y
- +9.5%
- Vol
- 13.5%
- Max DD
- -19.3%
- Sharpe
- 0.29
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
360 ONE Focused Fund
360 ONE Mutual Fund
- 1Y
- -0.5%
- 3Y
- +11.9%
- Vol
- 16.4%
- Max DD
- -36.6%
- Sharpe
- 0.60
- 3Y win
- +50%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns