EquityFocused FundRegularGrowthVery High

ICICI Prudential Focused Fund

Q: What is the NAV of ICICI Prudential Focused Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Focused Fund is ₹90.12 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Focused Fund delivered?

ICICI Prudential Focused Fund has returned -2.86% over 1 year, +14.76% per year over 3 years, +12.47% per year over 5 years and +13.43% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund charges an expense ratio of 2.13% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund's largest holdings are ICICI Bank Ltd. (9.2%), Axis Bank Ltd. (6.3%), Mphasis Ltd. (5.3%), HDFC Bank Ltd. (5.0%) and TVS Motor Company Ltd. (5.0%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.6% and its worst peak-to-trough fall in our sample was -35.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.61 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Focused Fund's 0.61 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is managed by Vaibhav Dusad and Sharmila D'silva at ICICI Prudential.

Q: How is ICICI Prudential Focused Fund taxed?

ICICI Prudential Focused Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

ICICI Prudential Mutual Fund · Best Focused Mutual Funds

NAV

₹90.12

+0.50% 1D

as of 05 Oct 2026

This is the Regular plan of ICICI Prudential Focused Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-3.50%absolute

52-week rangePrev NAV ₹89.67

Latest ₹90.12

Low ₹82.9044th percentile of its 52-week rangeHigh ₹99.29

Scorecard

★★★★☆4/5 vs 27 Focused Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Focused Fund (same plan and option).

PerformanceStrong

3Y CAGR +14.76% · ranks 2 of 27 Focused Funds

RiskModerate

Volatility 13.6% vs 14.7% category avg

CostAverage

2.1% expense vs 2.3% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

3-year return (+14.76%) beats the Focused Fund average (+10.28%)
5-year return (+12.47%) beats the Focused Fund average (+8.88%)
Stronger risk-adjusted returns — Sharpe 0.61 vs 0.26 Focused Fund average
Consistent — positive in 98% of rolling 3-year windows

Concerns

Trails the Focused Fund average on 3M/6M/1Y — 1Y by 2.70pp

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.13%

Category 2.31%▼0.18%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

25.74

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.61

Category 0.26▲0.35

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 Year from allotment. Nil If the amount sought to be redeemed or switched out more than 1 Year.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹250

Smallest one-time (lumpsum) investment the scheme accepts

₹500

BSE 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Jun 2009

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.72%

Absolute return over the last 3 months (not annualized)

-5.84%

Absolute return over the last 6 months (not annualized)

+6.44%

Absolute return since 1 Jan of this year (not annualized)

-7.91%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-2.86%

3-year annualized return (CAGR)

+14.76%

5-year annualized return (CAGR)

+12.47%

10-year annualized return (CAGR)

+13.42%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+13.43%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.55%

Excess return per unit of total volatility (rf = 6.5%)

0.61

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.86

Largest peak-to-trough decline over full history

-35.17%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

4.46%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.95

How much of the fund's movement Nifty 500 TRI explains

93.2%

Excess return per unit of beta (market risk)

8.40

Active return over the benchmark per unit of tracking error

1.15

Annualized std dev of fund-minus-benchmark returns

4.12%

Fund's share of benchmark gains in up months (100 = matches index)

110.2%

Fund's share of benchmark losses in down months (lower is better)

89.8%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Focused Fund)

Period	Fund	Category avg.	Diff
1M abs	-4.72%	-4.74%	+0.02%
3M abs	-5.84%	-3.05%	-2.79%
6M abs	+6.44%	+10.09%	-3.65%
1Y CAGR	-2.86%	-0.16%	-2.70%
3Y CAGR	+14.76%	+10.28%	+4.48%
5Y CAGR	+12.47%	+8.88%	+3.59%

Category average across peers in Focused Fund (up to 27 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 27 peers in Focused Fund

1Y return

-2.86%

Beats 40.7% · rank #17

3Y return

+14.76%

Beats 96.2% · rank #2

5Y return

+12.47%

Beats 90.5% · rank #3

Sharpe

0.61

Beats 96.2% · rank #2

Sortino

0.86

Beats 96.2% · rank #2

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹8.05L

Absolute

+34.15%

XIRR

+12.07%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Focused Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-7.91%	-7.18%	-0.73%
2025	+15.44%	+7.94%	+7.50%
2024	+26.47%	+16.43%	+10.04%
2023	+28.29%	+27.43%	+0.86%
2022	+6.01%	+4.34%	+1.67%
2021	+36.09%	+31.59%	+4.50%
2020	+24.64%	+18.33%	+6.31%
2019	+0.38%	+8.95%	-8.57%
2018	-2.66%	-2.33%	-0.33%
2017	+23.40%	+37.35%	-13.95%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

4,272

Expense ratio

2.13%

Portfolio turnover

234%

Exit load

1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 Year from allotment. Nil If the amount sought to be redeemed or switched out more than 1 Year.

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

25.7

P/B ratio

5.3

Avg market cap

₹3,24,276Cr

P/E & P/B are portfolio-weighted harmonic means across 27 of 31 equity holdings (88% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Focused Fund

Compare all


ICICI Prudential Focused FundThis fund ICICI Prudential · Regular · Growth	★★★★☆	-2.86%	+14.76%	+12.47%	—	2.13%	—
Invesco India Focused Fund Invesco · Regular · Growth	★★★★☆	+2.47%	+18.55%	+12.71%	—	1.94%	₹5,225Cr
ITI Focused Fund ITI · Regular · Growth	★★★★☆	+2.78%	+14.25%	—	—	2.59%	₹567.11Cr
Bandhan Focused Fund Bandhan · Regular · Growth	★★★☆☆	+0.68%	+13.60%	+10.18%	—	2.27%	₹2,036Cr
SBI Focused Fund SBI · Regular · Growth	★★★★★	+7.66%	+13.43%	+9.94%	—	1.60%	₹44,948Cr
Motilal Oswal Focused Fund Motilal Oswal · Regular · Growth	★★☆☆☆	+23.47%	+13.32%	+9.09%	—	2.67%	₹1,527Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 98% of the equity sleeve priced.

Large cap52.3%
Mid cap44.9%
Small cap2.8%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity96.87%
Cash & Equivalents2.58%
Debt0.55%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
PGIM India Arbitrage Fund PGIM India · Arbitrage Fund	38.4% of 72% equity	★★☆☆☆	1.23%	+7.06%
Sundaram Large Cap Fund Sundaram · Large Cap Fund	36.5%	★★★☆☆	0.87%	+6.74%
ICICI Prudential Large Cap Fund ICICI Prudential · Large Cap Fund	36.5%	★★★★★	1.01%	+9.67%
Kotak Dividend Yield Fund Kotak Mahindra · Dividend Yield Fund	35.9%	—	1.10%	—
Franklin India Focused Equity Fund Franklin Templeton · Focused Fund	35.2%	★★★☆☆	1.16%	+6.40%
Mahindra Manulife Large Cap Fund Mahindra Manulife · Large Cap Fund	35.1%	★★★★☆	1.09%	+7.56%
DSP Dynamic Asset Allocation Fund DSP · Dynamic Asset Allocation or Balanced Advantage	34.8% of 71% equity	★★★☆☆	1.04%	+9.86%
ICICI Prudential Conservative Hybrid Fund ICICI Prudential · Conservative Hybrid Fund	34.1% of 23% equity	★★★★★	1.04%	+8.57%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-35.2%07 Sep 2018 → 23 Mar 2020
Fell over 1.5 years, back to the old high on 11 Nov 2020 — 8 months under water after the low.
-27.8%09 Nov 2010 → 20 Dec 2011
Fell over 13 months, back to the old high on 21 Jan 2013 — 13 months under water after the low.
-23.3%02 Mar 2015 → 29 Feb 2016
Fell over 12 months, back to the old high on 25 Jul 2016 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

VDVaibhav DusadManaging since 08 Aug 2022

Role

Senior Fund Manager – MF Equity

Education

MBA, ISB Hyderabad, B.Tech, M.Tech, IIT Chennai, Indian and FRM (GARP), US

Experience

Mr. Vaibhav Dusad has over 13 years of experience in Stock Market. Currently, he is designated as a Senior Fund Manager. Past Experience: ~ Morgan Stanley Research Analyst - June 2014 to December 2017. ~ HSBC - Research Analyst - November 2011 to April 2013. ~ Crisil Irevna - Research Analyst- October 2010 to October 2011. ~ Zinnov - Research Analyst - October 2009 to September 2010.

Funds managed (4)

All schemes Vaibhav Dusad runs →

SDSharmila D'silvaManaging since 08 Aug 2022

Role

Fund Manager – MF Equity

Total experience

Over 8 years

Education

CA and Bachelor of Commerce in Accounting and Finance (BAF)

Experience

Sharmila D’silva is associated with ICICI in Prudential Asset Management Company Limited from September 2016. She is involved in economics research, strategy research and business cycle research.

Funds managed (34)

All schemes Sharmila D'silva runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Vaibhav Dusad Sharmila D'silva

Top holdings

ICICI Bank Ltd.Axis Bank Ltd.Mphasis Ltd.HDFC Bank Ltd.TVS Motor Company Ltd.Bharti Airtel Ltd.HDFC Asset Management Company Ltd.Swiggy Ltd Britannia Industries Ltd.Ashok Leyland Ltd.Godrej Consumer Products Ltd.Titan Company Ltd.

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Focused funds

Focused funds hold a concentrated portfolio of at most 30 stocks. Higher conviction can mean higher returns, but a few positions carry more of the outcome — so more concentration risk.

Frequently asked questions

What is the NAV of ICICI Prudential Focused Fund?

As of 05 Oct 2026, the NAV of ICICI Prudential Focused Fund is ₹90.12 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Focused Fund delivered?

ICICI Prudential Focused Fund has returned -2.86% over 1 year, +14.76% per year over 3 years, +12.47% per year over 5 years and +13.43% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund charges an expense ratio of 2.13% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund's largest holdings are ICICI Bank Ltd. (9.2%), Axis Bank Ltd. (6.3%), Mphasis Ltd. (5.3%), HDFC Bank Ltd. (5.0%) and TVS Motor Company Ltd. (5.0%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.6% and its worst peak-to-trough fall in our sample was -35.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.61 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Focused Fund's 0.61 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is benchmarked against the BSE 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Focused Fund?

ICICI Prudential Focused Fund is managed by Vaibhav Dusad and Sharmila D'silva at ICICI Prudential.

How is ICICI Prudential Focused Fund taxed?

ICICI Prudential Focused Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.