ICICI Prudential Focused Fund
This is the Direct plan of ICICI Prudential Focused Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+15.49% 3Y CAGR)Performance
Scorecard
Not ratedHow 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. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.
Not enough Focused Fund peers to rank yet
Volatility 14.2% (no category average yet)
1.1% expense (no category average yet)
88% of rolling 3Y windows were positive
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Focused Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -9.04% | — | — |
| 3M abs | -8.10% | — | — |
| 6M abs | +2.62% | — | — |
| 1Y CAGR | -5.74% | — | — |
| 3Y CAGR | +11.12% | — | — |
| 5Y CAGR | +9.31% | — | — |
Category average across peers in Focused Fund, 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
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 | -11.09% | -7.18% | -3.91% | |
| 2025 | +12.34% | +7.94% | +4.40% | |
| 2024 | +23.05% | +16.43% | +6.62% | |
| 2023 | +23.94% | +27.43% | -3.49% | |
| 2022 | +1.89% | +4.34% | -2.45% | |
| 2021 | +31.30% | +31.59% | -0.29% | |
| 2020 | +20.90% | +18.33% | +2.57% | |
| 2019 | -6.48% | +8.95% | -15.43% | |
| 2018 | -8.56% | -2.33% | -6.23% | |
| 2017 | +14.23% | +37.35% | -23.12% |
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.
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity96.87%
- Cash & Equivalents2.58%
- Debt0.55%
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.
Fund Managers
VDVaibhav DusadManaging since 08 Aug 2022
Senior Fund Manager – MF Equity
MBA, ISB Hyderabad, B.Tech, M.Tech, IIT Chennai, Indian and FRM (GARP), US
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.
SDSharmila D'silvaManaging since 08 Aug 2022
Fund Manager – MF Equity
Over 8 years
CA and Bachelor of Commerce in Accounting and Finance (BAF)
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.
- ICICI Prudential Banking & Financial Services Fund
- ICICI Prudential Bharat Consumption Fund
- ICICI Prudential Business Cycle Fund
- ICICI Prudential Commodities Fund
- ICICI Prudential Equity Savings Fund
- ICICI Prudential Exports & Services Fund
- ICICI Prudential Flexi Cap fund
- ICICI Prudential FMCG Fund
- ICICI Prudential Global Advantage Fund (FOF)
- ICICI Prudential Global Stable Equity Fund (FOF)
- ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
- ICICI Prudential India Opportunities Fund
- ICICI Prudential Infrastructure Fund
- ICICI Prudential Innovation Fund
- ICICI Prudential Large & Mid Cap Fund
- ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)
- ICICI Prudential Manufacturing Fund
- ICICI Prudential MNC Fund
- ICICI Prudential Multi Cap Fund
- ICICI Prudential Quality Fund
- ICICI Prudential QUANT FUND
- ICICI Prudential Rural Opportunities Fund
- ICICI Prudential Small Cap Fund
- ICICI Prudential Strategic Metal and Energy Equity Fund of Fund
- ICICI Prudential Technology Fund
- ICICI Prudential US Bluechip Equity Fund
- ICICI Prudential Value Fund (erstwhile Value Discovery Fund)
- ICICI Prudential Active Momentum Fund - Direct Plan - Growth
- ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND - Direct Plan - Growth
- ICICI Prudential Equity - Arbitrage Fund-Institutional Growth Option
- ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
- ICICI Prudential Multi-Asset Fund- Institutional Growth Option
- ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth
- ICICI Prudential Passive Multi-Asset Fund of Funds - Direct Plan - Growth
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
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.
ICICI Prudential Multi Cap Fund Direct Plan Growth
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Cafemutual · 2d ago
NFO Insight : ICICI Prudential Contra Fund opens for subscription. Is contra investing suited for current
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livemint.com · 3d ago
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 01 Oct 2026, the NAV of ICICI Prudential Focused Fund is ₹58.34 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 -5.74% over 1 year, +11.12% per year over 3 years, +9.31% per year over 5 years and +10.20% 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 1.12% 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 14.2% and its worst peak-to-trough fall in our sample was -39.7%. 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 0.33 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Focused Fund's 0.33 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.