📊 Focused Fund · Deep Analysis

HDFC Focused FundOption

HDFC Mutual Fund · Direct Growth · SEBI Category: Focused

Current NAV ₹251.4120 (+0.29% today) As of 04 Jun 2026
1 Year Return -1.8%
3 Year CAGR +17.5% p.a.
5 Year CAGR +19.3% p.a.
AAUM ₹26.2K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,566 daily NAV records
Fund Overview

HDFC Focused FundOption — Quick Summary

HDFC Focused 30 Fund invests in exactly 30 stocks — the maximum allowed by SEBI for focused funds — managed by Roshi Jain at HDFC AMC. The fund invests across market caps with no restrictions on large, mid or small cap allocation, giving the fund manager maximum flexibility to find the best 30 ideas from India's entire listed equity universe. With an AUM of over Rs.24,000 crore, it is one of India's largest focused funds.

The fund's investment approach under Roshi Jain focuses on companies with durable competitive advantages, strong management quality and visible earnings growth. The 30-stock portfolio means each holding typically represents 3 to 8% of the fund — a meaningful weight that makes individual stock analysis critical. The fund tends to have a multi-cap bias with a mix of established large caps and growing mid-cap businesses.

Fund House
HDFC Mutual Fund
SEBI Category
Focused
Benchmark
NIFTY 500 TRI
Fund Manager
Roshi Jain
AMFI Code
118950
Risk Level
Very High
NAV Records in DB
2,566 days
Quarterly Average AUM · Jan–Mar 2026
₹26.2K Cr
↑ Increased by 3.0% vs Oct–Dec 2025 · ₹25.4K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Suited for experienced equity investors with a 7+ year horizon and high risk tolerance who specifically want concentrated high-conviction equity exposure managed by HDFC AMC's experienced team.
The fund's large AUM reflects HDFC AMC's strong brand, Roshi Jain's research-driven portfolio construction, and the appeal of a clearly defined 30-stock mandate. The concentrated portfolio amplifies returns when stock selection is right — as evidenced by strong 5-year performance. One of the most established focused funds in India.
✗ Not Suitable For
Investors who prefer a well-diversified, lower-risk equity portfolio — a 30-stock focused fund has higher single-stock concentration risk than a diversified fund. Those with horizons under 5 years. Investors uncomfortable with the idea that a single wrong stock call can materially impact returns in a concentrated portfolio.
Who Runs This Fund

Fund Manager

RJ
Roshi Jain
HDFC Mutual Fund · Managing since 2019

Roshi Jain is Fund Manager at HDFC Mutual Fund and manages the HDFC Focused 30 Fund. She brings a research-intensive, bottom-up approach to building a high-conviction portfolio of maximum 30 stocks. Her investment philosophy centres on identifying businesses with sustainable competitive advantages and strong earnings growth potential across market caps.

For current co-manager details and full biography, refer to the latest HDFC Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118950
The official AMFI scheme code for HDFC Focused FundOption Direct Growth is 118950. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
SEBI defines focused funds as schemes holding a maximum of 30 stocks. This concentration is a double-edged sword — it amplifies both gains from winning positions and losses from wrong calls. A focused fund requires higher conviction from the fund manager and higher tolerance for volatility from the investor compared to a diversified equity fund.
Investment Objective
As per Scheme Information Document
The scheme seeks to generate long term capital appreciation and income by investing in equity and equity related instruments of up to 30 companies.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Focused Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
HDFC Focused 30 Fund ▲ ₹251.41 ₹26.2K Cr Jan–Mar 2026 -1.8% +17.5% p.a. +19.3% p.a. 1.06
ICICI Prudential Focused Equity Fund ₹14.9K Cr Jan–Mar 2026
SBI Focused Equity Fund ₹429.21 ₹42.1K Cr Jan–Mar 2026 +11.9% +17.6% p.a. +14.4% p.a. 1.03
Axis Focused Fund ₹59.16 ₹11.2K Cr Jan–Mar 2026 -6.1% +8.5% p.a. +5.5% p.a. 0.22
Franklin India Focused Equity Fund ₹110.79 ₹11.7K Cr Jan–Mar 2026 -5.8% +11.4% p.a. +11.9% p.a. 0.52
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,566 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-1.4%
3 MonthPoint-to-point
-6.5%
6 MonthPoint-to-point
-7.8%
1 YearPoint-to-point
-1.8%
3 YearCAGR
+17.5% p.a.
5 YearCAGR
+19.3% p.a.
10 YearCAGR
+15.2% p.a.
₹1 Lakh → 5YLump sum growth
₹238,529

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+88.6%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-36.9%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+43.3% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-10.9% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+12.1%
2024
+25.4%
2023
+31.3%
2022
+19.9%
2021
+41.8%
2020
+5.2%
2019
+4.6%
2018
-13.7%
2017
+40.3%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
19.1%
Positive in 82% of windows
Best: 88.6% · Worst: -36.9%
3Y Rolling Avg
17.6% p.a.
Positive in 88% of windows
Best: 43.3% · Worst: -10.9%
5Y Rolling Avg
18.7% p.a.
Positive in 100% of windows
Best: 37.9% · Worst: 8.5%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-45.6%
Jan 2018 → Mar 2020
Recovered: Feb 2021 (1yr 3mo)
Current from Peak
-9.5%
All-time Peak: ₹276.83
Peak date: Feb 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-11.3%
Sep 27, 2024 – Apr 7, 2025
Recovered: May 2025 (4 mos)
COVID-19 Crash
-37.8%
Feb 19 – Mar 23, 2020
Recovered: Dec 2020 (1yr)
2022 Rate Hike Cycle
-9.9%
Jan 17 – Jun 17, 2022
Recovered: Jul 2022 (2 mos)
2018 IL&FS Crisis
-12.6%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
1.06
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.53
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
11.4%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what HDFC Focused FundOption is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Focused Funds

See how HDFC Focused FundOption ranks against other Focused funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.