Motilal Oswal Focused Fund leads focused mutual funds in three-month returns; delivers 17.1% gain
Motilal Oswal Focused Fund delivered 17.1% returns over the last three months and 13.2% CAGR over three years, according to ACE MF data on August 12.
Moneycontrol Desk
August 13, 2026 / 14:51 IST
The three-month return chart for the focused mutual fund category is led by Motilal Oswal Focused Fund, which delivered 17.1 percent. Invesco India Focused Fund and Axis Focused Fund occupy the next two positions with returns of 14.6 percent and 13.7 percent, respectively, according to ACE MF data on August 12.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, Axis Focused Fund has the largest corpus at Rs 11,315.5 crore.
The benchmark comparison is also important. Motilal Oswal Focused Fund was ahead of its benchmark by 21.6 percentage points on a one-year basis, with the benchmark returning 4.4%. It was also trailed its benchmark by 3.6 percentage points on a three-year basis, with the benchmark returning 16.8%.
The same scheme also stays ahead on the six-month return chart. Motilal Oswal Focused Fund delivered 20.5 percent over this period.
The one-year return table also has Motilal Oswal Focused Fund in front, with the fund delivering 26.0 percent.
The order changes on a three-year basis. Invesco India Focused Fund delivered the strongest return among these five schemes at 22.0 percent.
Looking at more than one return period gives investors a fuller picture. The top performer in a recent window may differ from the fund that has delivered stronger longer-term returns.
Table: Top 5 focused funds by three-month return
| Fund name | 3-month return (%) | AUM (Rs crore) | 1-month return (%) | 6-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Motilal Oswal Focused Fund | 17.1 | 1,692.7 | 6.3 | 20.5 | 26.0 | 13.2 |
| Invesco India Focused Fund | 14.6 | 6,065.2 | 2.3 | 12.7 | 5.1 | 22.0 |
| Axis Focused Fund | 13.7 | 11,315.5 | 6.1 | 6.9 | 5.9 | 11.4 |
| Mirae Asset Focused Fund | 11.9 | 6,635.3 | 3.1 | 3.1 | 0.5 | 7.6 |
| 360 ONE Focused Fund | 10.8 | 6,697.9 | 1.7 | 3.3 | 8.1 | 12.9 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on August 12. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is a focused fund?
Funds in the focused fund category should be assessed against schemes with similar investment mandates. Return comparisons across unrelated categories may not be meaningful because risk, asset allocation and portfolio strategy can differ sharply.