Fund Tracker India by Ishaan Dungarwal
Guide
Fund categoriesEquitySep 2026

Focused funds: what they hold and bought

SEBI's rule: At most 30 stocks, at least 65 % in equity. Source: SEBI categorisation circular, 6 Oct 2017, as amended

24 focused funds from 24 fund houses filed a portfolio for Sep 2026. Here is what most of them hold, and what they added and cut.

Category as AMFI lists it; the two AMFI spellings of a category are one page. Counted over open-ended schemes with an equity portfolio for the month, share counts from each fund house's monthly file. Value added or cut = change in shares × the month's value per share in that file, never a change in price.

Schemes24portfolio filed for Sep 2026, of 28
Fund houses24running one
Stocks held284listed on NSE, any scheme

Stocks most focused funds hold, Sep 2026

Ranked by how many schemes in the category hold the stock; the average is its % of net assets in the schemes holding it.

schemes holding · average weight
  1. ICICIBANK ICICI Bank Ltd.
    21 of 24 · 7.53%
  2. HDFCBANK HDFC Bank Ltd.
    19 of 24 · 6.17%
  3. BHARTIARTL Bharti Airtel Ltd.
    18 of 24 · 4.61%
  4. ETERNAL Eternal Ltd.
    15 of 24 · 4.55%
  5. AXISBANK Axis Bank Ltd.
    13 of 24 · 4.70%
  6. SBIN State Bank of India
    13 of 24 · 4.16%
  7. INFY Infosys Ltd.
    12 of 24 · 2.88%
  8. RELIANCE Reliance Industries Ltd.
    11 of 24 · 5.07%
  9. LT Larsen & Toubro Ltd.
    10 of 24 · 3.89%
  10. SHRIRAMFIN Shriram Finance Ltd.
    10 of 24 · 3.65%
  11. INDIGO Interglobe Aviation Ltd.
    9 of 24 · 3.82%
  12. BAJFINANCE Bajaj Finance Ltd.
    8 of 24 · 4.67%
  13. SUNPHARMA Sun Pharmaceutical Industries Ltd.
    7 of 24 · 3.16%
  14. POLICYBZR PB Fintech Ltd.
    7 of 24 · 1.52%
  15. KOTAKBANK Kotak Mahindra Bank Ltd.
    6 of 24 · 4.82%
  16. TVSMOTOR TVS Motor Company Ltd.
    6 of 24 · 4.58%
  17. DIVISLAB Divi's Laboratories Ltd.
    6 of 24 · 4.20%
  18. COFORGE Coforge Ltd.
    6 of 24 · 3.62%
  19. M&M Mahindra & Mahindra Ltd.
    6 of 24 · 3.47%
  20. CHOLAFIN Cholamandalam Investment & Finance Co. Ltd.
    6 of 24 · 3.41%

Most bought, Sep 2026

value of shares added · schemes adding
  1. BAJFINANCE Bajaj Finance Ltd. · 3
    +₹691 cr
  2. KOTAKBANK Kotak Mahindra Bank Ltd. · 2
    +₹333 cr
  3. POLICYBZR PB Fintech Ltd. · 3, 2 new
    +₹311 cr
  4. MUTHOOTFIN Muthoot Finance Ltd. · 1
    +₹251 cr
  5. BIOCON Biocon Ltd. · 3, 1 new
    +₹197 cr
  6. BSE BSE Ltd. · 1
    +₹178 cr
  7. 360ONE 360 ONE WAM Ltd. · 3
    +₹159 cr
  8. RELIANCE Reliance Industries Ltd. · 4, 1 new
    +₹155 cr
  9. AIAENG AIA Engineering Ltd. · 1, 1 new
    +₹135 cr
  10. RBLBANK RBL Bank Ltd. · 1, 1 new
    +₹133 cr

Most sold, Sep 2026

value of shares cut · schemes cutting
  1. TMPV Tata Motors Passenger Vehicles Ltd. · 1, 1 sold out
    −₹461 cr
  2. INFY Infosys Ltd. · 5, 2 sold out
    −₹440 cr
  3. BAJAJFINSV Bajaj Finserv Ltd. · 2, 1 sold out
    −₹417 cr
  4. ESCORTS Escorts Kubota Ltd. · 1, 1 sold out
    −₹403 cr
  5. DIVISLAB Divi's Laboratories Ltd. · 3
    −₹314 cr
  6. ETERNAL Eternal Ltd. · 9
    −₹305 cr
  7. LICI Life Insurance Corporation of India · 1, 1 sold out
    −₹291 cr
  8. TITAN Titan Company Ltd. · 2
    −₹215 cr
  9. SBIN State Bank of India · 3, 1 sold out
    −₹195 cr
  10. AXISBANK Axis Bank Ltd. · 5
    −₹192 cr

Focused schemes (24)

largest AUM first
SchemeFund houseAUM1-year return
SBI FOCUSED FUNDSBI Mutual Fund₹50,167 cr+11.9%
HDFC Focused FundHDFC Mutual Fund₹27,716 cr+3.3%
ICICI Prudential Focused FundICICI Prudential Mutual Fund₹17,696 cr+4.1%
Franklin India Focused Equity FundFranklin Templeton Mutual Fund₹11,337 cr−6.3%
Axis Focused FundAxis Mutual Fund₹11,181 cr+1.9%
Nippon India Focused FundNippon India Mutual Fund₹8,540 cr+0.6%
Aditya Birla Sun Life Focused FundAditya Birla Sun Life Mutual Fund₹7,915 cr+5.9%
360 ONE Focused Fund360 ONE Mutual Fund₹6,689 cr+6.5%
Mirae Asset Focused FundMirae Asset Mutual Fund₹6,649 cr+0.9%
Invesco India Focused FundInvesco Mutual Fund₹6,179 cr+13.6%
Kotak Focused FundKotak Mahindra Mutual Fund₹4,438 cr+7.1%
Old Bridge Focused FundOld Bridge Mutual Fund₹4,185 cr+13.3%
Canara Robeco Focused FundCanara Robeco Mutual Fund₹2,845 cr+0.9%
DSP Focused FundDSP Mutual Fund₹2,625 cr+4.1%
UTI Focused Fund (30 stocks)UTI Mutual Fund₹2,451 cr+2.7%
Bandhan Focused FundBandhan Mutual Fund₹2,105 cr+3.2%
HSBC Focused FundHSBC Mutual Fund₹1,787 cr+8.6%
Motilal Oswal Focused FundMotilal Oswal Mutual Fund₹1,757 cr+25.8%
Tata Focused FundTata Mutual Fund₹1,750 cr−1.8%
Sundaram Focused Fund (Formerly Known as Principal Focused Multicap Fund)Sundaram Mutual Fund₹1,069 cr+2.8%
Quant Focused Fundquant Mutual Fund₹849 cr+9.6%
Baroda BNP Paribas Focused FundBaroda BNP Paribas Mutual Fund₹621 cr−1.9%
Union Focused FundUnion Mutual Fund₹449 cr+9.2%
LIC MF Focused FundLIC Mutual Fund₹173 cr+0.9%

AUM = AMFI's latest average AUM for the scheme; 1-year return = change in NAV over the year, as on each scheme page. Filter and compare every scheme

Questions about focused funds

from the figures on this page

Which stocks do focused funds hold the most?

In Sep 2026, 21 of the 24 focused funds with a portfolio held ICICI Bank Ltd.. The five held by the most schemes: ICICI Bank Ltd. (ICICIBANK), HDFC Bank Ltd. (HDFCBANK), Bharti Airtel Ltd. (BHARTIARTL), Eternal Ltd. (ETERNAL), Axis Bank Ltd. (AXISBANK). Funds holding ICICIBANK

What did focused funds buy and sell in Sep 2026?

Most bought by value of shares added: Bajaj Finance Ltd. (BAJFINANCE), Kotak Mahindra Bank Ltd. (KOTAKBANK), PB Fintech Ltd. (POLICYBZR). Most sold: Tata Motors Passenger Vehicles Ltd. (TMPV), Infosys Ltd. (INFY), Bajaj Finserv Ltd. (BAJAJFINSV). All stocks bought and sold by mutual funds, Sep 2026

How many focused funds are there?

AMFI lists 28 open-ended focused funds; 24 from 24 fund houses filed an equity portfolio for Sep 2026. Filter every scheme

Other fund categories

Aggressive hybrid Arbitrage Balanced advantage or dynamic asset allocation Balanced hybrid Children's Conservative hybrid Contra Dividend yield ELSS (tax saver) Equity savings Flexi cap Large & mid cap Large cap Life cycle Mid cap Multi asset allocation Multi cap Retirement Sectoral or thematic Small cap Value