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 15 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 01 Oct 2020 – 15 Oct 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 TRI |
|---|---|---|---|
| 01 Oct 2020 | ₹100.00 | ₹100.00 | ₹100.00 |
| 03 Apr 2021 | ₹136.72 | ₹126.07 | ₹132.71 |
| 04 Oct 2021 | ₹168.32 | ₹158.14 | ₹162.29 |
| 05 Apr 2022 | ₹183.40 | ₹159.84 | ₹165.46 |
| 06 Oct 2022 | ₹198.51 | ₹154.65 | ₹162.92 |
| 08 Apr 2023 | ₹206.09 | ₹147.35 | ₹160.81 |
| 09 Oct 2023 | ₹239.81 | ₹179.42 | ₹187.88 |
| 09 Apr 2024 | ₹298.88 | ₹247.75 | ₹229.41 |
| 10 Oct 2024 | ₹351.18 | ₹305.49 | ₹261.77 |
| 12 Apr 2025 | ₹335.38 | ₹269.13 | ₹231.58 |
| 13 Oct 2025 | ₹379.49 | ₹303.30 | ₹261.46 |
| 14 Apr 2026 | ₹361.36 | ₹277.02 | ₹250.38 |
| 15 Oct 2026 | ₹367.57 | ₹313.49 | ₹251.76 |
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 →
- 25 stocks only in HDFC Focused Fund
- 4 stocks in both — 23.3% of each portfolio by weight
- 23 stocks only in Invesco India Focused Fund
The more the circles overlap, the more the funds hold the same stocks.
HDFC Focused Fund and Invesco India Focused Fund share 23% 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. | 9.62% | 8.83% | 8.83% |
| HDFC Bank Ltd. | 8.23% | 5.81% | 5.81% |
| Eternal Limited | 5.12% | 4.47% | 4.47% |
| InterGlobe Aviation Ltd. | 4.20% | 5.99% | 4.20% |
4 shared of 29 / 27 positions. Weights are shown as a share of each fund's equity book.
| Metric | HDFC · Direct NAV ₹260.20 Very High risk ★★★★★ | Invesco · Direct NAV ₹31.38 Very High risk ★★★★★ | Category median Focused Fund · 28 funds |
|---|---|---|---|
| -3.20% | +2.42%Best in row | -0.89% | |
| +14.82% | +19.91%Best in row | +11.44% | |
| +15.71%Best in row | +13.41% | +10.16% | |
| +14.42% | — | +13.18% | |
| +14.49% | +20.84% | +14.47% | |
| +13.61% | +16.17%Best in row | — | |
| +16.69% | +23.23%Best in row | +16.69% | |
| +15.66% | +17.95%Best in row | +16.11% | |
| +16.00% | — | +16.00% | |
| Risk | |||
| 11.87%Best in row | 16.22% | 14.64% | |
| 0.70 | 0.83Best in row | 0.35 | |
| 0.98 | 1.17Best in row | 0.48 | |
| -45.63% | -21.98% | -34.05% | |
| +4.75% | +9.27%Best in row | +1.94% | |
| 0.81 | 1.04 | 0.94 | |
| 99.6% | 132.8%Best in row | 102.7% | |
| 73.6%Best in row | 95.3% | 93.5% | |
| 0.82% | 0.69%Best in row | 1.09% | |
| ₹27,716Cr | ₹6,179Cr | ₹2,538Cr | |
| ₹100 | ₹1.00K | — | |
| 17% | 22% | 43% | |
| Amar Kalkundrikar · 0.7y | Taher Badshah | — | |
| 17 Sep 2004 | 29 Sep 2020 | — | |
| 29 | 27 | — | |
| 55.1% | 53.1% | — | |
| 2.7% | 3.0% | — | |
4 rows carry the same value for every fund — show
- Benchmark
- Nifty 500 TRI
- Exit load
- Up to 1.00%
- 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 +19.91% CAGR against HDFC Focused Fund's +14.82%, computed from AMFI NAV history. Over 5 years: HDFC Focused Fund +15.71% vs Invesco India Focused Fund +13.41% 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 0.82% a year against Invesco India Focused Fund's 0.69%. 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 (+16.22% annualized vs HDFC Focused Fund's +11.87%), 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 ₹27,716Cr against Invesco India Focused Fund's ₹6,179Cr 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.