Motilal Oswal Focused Fund leads focused mutual funds in six-month returns; delivers 18.5% gain
Motilal Oswal Focused Fund delivered 18.5% returns over the last six months and 12.0% CAGR over three years, according to ACE MF data on August 4.
Moneycontrol Desk
August 05, 2026 / 11:24 IST
Among focused mutual funds that meet the screen used for this ranking, Motilal Oswal Focused Fund is at the top on six-month returns. The fund delivered 18.5 percent, ahead of Invesco India Focused Fund at 11.8 percent and SBI Focused Fund at 7.7 percent, according to ACE MF data on August 4.
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, SBI Focused Fund has the largest corpus at Rs 47,274.2 crore.
The benchmark comparison is also important. Motilal Oswal Focused Fund was ahead of its benchmark by 14.7 percentage points on a one-year basis, with the benchmark returning 4.4%. It was also trailed its benchmark by 4.8 percentage points on a three-year basis, with the benchmark returning 16.8%.
A different fund moves to the top when the one-month window is used. Axis Focused Fund leads this comparison with 4.9 percent.
The same scheme also stays ahead on the three-month return chart. Motilal Oswal Focused Fund delivered 13.8 percent over this period.
A different fund moves to the top when the three-year window is used. Invesco India Focused Fund leads this comparison with 21.9 percent.
Return rankings across mutual funds can shift when the comparison window changes. This makes it useful to read the headline return along with shorter and longer return periods.
Table: Top 5 focused funds by six-month return
| Fund name | 6-month return (%) | AUM (Rs crore) | 1-month return (%) | 3-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Motilal Oswal Focused Fund | 18.5 | 1,635.1 | 4.7 | 13.8 | 19.0 | 12.0 |
| Invesco India Focused Fund | 11.8 | 5,706.6 | 2.9 | 12.6 | 2.8 | 21.9 |
| SBI Focused Fund | 7.7 | 47,274.2 | 3.4 | 4.7 | 16.8 | 16.4 |
| Axis Focused Fund | 6.4 | 11,078.4 | 4.9 | 9.8 | 3.4 | 10.3 |
| HSBC Focused Fund | 5.6 | 1,723.4 | 3.7 | 5.9 | 8.3 | 14.6 |
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 4. 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.