HDFC Focused Fund vs Invesco India Focused Fund
HDFC Focused Fund (Direct) and Invesco India Focused Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Focused Fund schemes — see the best focused mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 01 Oct 2020 – 20 Aug 2026, limited by Invesco India Focused Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | HDFC Focused Fund | Invesco India Focused Fund | Nifty 500 |
|---|---|---|---|
| 01 Oct 2020 | ₹100.00 | ₹100.00 | ₹100.00 |
| 29 Mar 2021 | ₹132.64 | ₹122.68 | ₹128.40 |
| 24 Sep 2021 | ₹163.15 | ₹159.14 | ₹160.56 |
| 22 Mar 2022 | ₹175.62 | ₹155.94 | ₹155.62 |
| 17 Sep 2022 | ₹198.35 | ₹154.85 | ₹161.11 |
| 15 Mar 2023 | ₹200.99 | ₹143.76 | ₹151.35 |
| 11 Sep 2023 | ₹245.58 | ₹180.62 | ₹186.58 |
| 08 Mar 2024 | ₹292.95 | ₹234.57 | ₹215.97 |
| 03 Sep 2024 | ₹347.25 | ₹295.90 | ₹251.42 |
| 01 Mar 2025 | ₹322.19 | ₹260.84 | ₹210.12 |
| 27 Aug 2025 | ₹369.61 | ₹303.50 | ₹240.64 |
| 22 Feb 2026 | ₹387.32 | ₹280.42 | ₹247.26 |
| 20 Aug 2026 | ₹381.37 | ₹326.47 | ₹248.51 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
HDFC Focused Fund and Invesco India Focused Fund share 25% of their equity book by weight.
Shared holdings — HDFC Focused Fund vs Invesco India Focused Fund
| Stock | HDFC Focused Fund | Invesco India Focused Fund | |
|---|---|---|---|
| ICICI Bank Ltd | 10.12% | 9.37% | 9.37% |
| HDFC Bank Ltd | 9.20% | 6.90% | 6.90% |
| Interglobe Aviation Ltd | 4.58% | 6.75% | 4.58% |
| Zomato Ltd | 4.62% | 4.05% | 4.05% |
4 shared of 29 / 25 positions. Weights are shown as a share of each fund's equity book.
| Metric | HDFC · Direct NAV ₹269.97 Very High risk ★★★★★ | Invesco · Direct NAV ₹32.68 Very High risk ★★★★☆ | Category median Focused Fund · 28 funds |
|---|---|---|---|
| +2.14% | +6.00%Best in row | +5.84% | |
| +17.46% | +23.75%Best in row | +15.09% | |
| +20.16%Best in row | +17.33% | +13.35% | |
| +15.15% | — | +13.62% | |
| +14.97% | +22.27%Best in row | +15.49% | |
| +16.32% | +18.81%Best in row | — | |
| +16.71% | +23.67%Best in row | +16.73% | |
| +15.61% | +18.74%Best in row | +16.52% | |
| +16.05% | — | +16.05% | |
| Risk | |||
| 11.71%Best in row | 16.01% | 14.55% | |
| 0.94 | 1.08Best in row | 0.57 | |
| 1.32 | 1.53Best in row | 0.79 | |
| -45.63% | -21.98%Best in row | -34.05% | |
| +5.74% | +10.07%Best in row | +3.16% | |
| 0.79 | 1.03 | 0.94 | |
| 99.3% | 131.7%Best in row | 104.9% | |
| 66.3%Best in row | 87.4% | 89.6% | |
| 0.80% | 0.70%Best in row | 1.06% | |
| ₹26,336Cr | ₹5,225Cr | ₹2,441Cr | |
| 1.00% | Up to 1.00% | — | |
| ₹100 | ₹1.00K | — | |
| 13% | 35% | 32% | |
| Dhruv Muchhal | Taher Badshah · 6y | — | |
| 01 Jan 2013 | 01 Oct 2020 | — | |
| 29 | 25 | — | |
| 54.8% | 57.6% | — | |
| 7.4% | 2.2% | — | |
3 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- Lock-in
- None
- Min SIP
- ₹100
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — HDFC Focused Fund or Invesco India Focused Fund?
Over the last 3 years, Invesco India Focused Fund returned +23.75% CAGR against HDFC Focused Fund's +17.46%, computed from AMFI NAV history. Over 5 years: HDFC Focused Fund +20.16% vs Invesco India Focused Fund +17.33% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — HDFC Focused Fund or Invesco India Focused Fund?
Invesco India Focused Fund has the lower expense ratio: HDFC Focused Fund charges 0.80% a year against Invesco India Focused Fund's 0.70%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — HDFC Focused Fund or Invesco India Focused Fund?
Invesco India Focused Fund has shown higher volatility (+16.01% annualized vs HDFC Focused Fund's +11.71%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HDFC Focused Fund -13.98% vs Invesco India Focused Fund -21.73%.
Which fund manages more money — HDFC Focused Fund or Invesco India Focused Fund?
HDFC Focused Fund is the larger fund: HDFC Focused Fund manages ₹26,336Cr against Invesco India Focused Fund's ₹5,225Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are HDFC Focused Fund and Invesco India Focused Fund in the same category?
Yes — both are Focused Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.