ICICI Prudential Focused Equity Fund
The fund maintains a defensive posture with concentrated exposure to financial services and quality consumption plays, betting on banking sector resilience and retail discretionary strength. Recent shifts into short-term treasury instruments and exits from specialty chemicals suggest the manager is hedging duration risk while pruning underperformers. The modest monthly return reflects a market caught between growth headwinds and valuation caution, with the portfolio's tight 38-stock structure amplifying conviction in select large-caps rather than offering broad diversification.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹103.6900 | -2.76% | — | — | — |
| Regular Growth | ₹89.6400 | -2.85% | -0.33% | +18.92% | +17.12% |
| Direct IDCW | ₹60.3600 | -2.75% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| PNB Housing Finance Ltd. | 1.51% |
| 182 Days Treasury Bills | 0.26% |
| 364 Days Treasury Bills | 0.26% |
| 91 Days Treasury Bills | 0.12% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 8.19% |
| 2 | Axis Bank Ltd. INE238A01034 | 5.74% |
| 3 | HDFC Bank Ltd. INE040A01034 | 5.17% |
| 4 | Infosys Ltd. INE009A01021 | 4.29% |
| 5 | Titan Company Ltd. INE280A01028 | 4.05% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 3.85% |
| 7 | Britannia Industries Ltd. INE216A01030 | 3.84% |
| 8 | TVS Motor Company Ltd. INE494B01023 | 3.54% |
| 9 | Hindustan Aeronautics Ltd. INE066F01020 | 3.17% |
| 10 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 3.10% |
| 11 | MAX Healthcare Institute Ltd INE027H01010 | 3.10% |
| 12 | Larsen & Toubro Ltd. INE018A01030 | 3.05% |
| 13 | The Phoenix Mills Ltd. INE211B01039 | 3.02% |
| 14 | Adani Ports and Special Economic Zone Ltd. INE742F01042 | 2.95% |
| 15 | Mphasis Ltd. INE356A01018 | 2.94% |
| 16 | Info Edge (India) Ltd. INE663F01032 | 2.86% |
| 17 | Godrej Consumer Products Ltd. INE102D01028 | 2.80% |
| 18 | Swiggy Ltd INE00H001014 | 2.78% |
| 19 | NTPC Ltd. INE733E01010 | 2.68% |
| 20 | Mahindra & Mahindra Ltd. INE101A01026 | 2.67% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ICICI Prudential Focused Equity Fund hold?
ICICI Prudential Focused Equity Fund holds 35 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 27.43% of NAV.
What is the largest holding in ICICI Prudential Focused Equity Fund?
The largest position in ICICI Prudential Focused Equity Fund is ICICI Bank Ltd., accounting for 8.19% of NAV in the Banks sector.
Is ICICI Prudential Focused Equity Fund a concentrated or diversified fund?
With a Gini coefficient of 0.287, ICICI Prudential Focused Equity Fund is well-diversified. The HHI concentration index is 36,331 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 27.43% of the portfolio.
What is the market cap allocation of ICICI Prudential Focused Equity Fund?
Based on SEBI's AMFI classification, ICICI Prudential Focused Equity Fund's equity portfolio is split as: Large Cap: 79.02%, Mid Cap: 16.49%, Small Cap: 1.51%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ICICI Prudential Focused Equity Fund invest in most?
ICICI Prudential Focused Equity Fund has the highest allocation to Banks (19.10%), Retailing (10.61%), Automobiles (8.84%). The fund is invested across 21 sectors in total.
How actively managed is ICICI Prudential Focused Equity Fund compared to other Focused Fund funds?
ICICI Prudential Focused Equity Fund has an Active Share of 62.12%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ICICI Prudential Focused Equity Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ICICI Prudential Focused Equity Fund added 4 new stocks (including PNB Housing Finance Ltd.) and exited 2 stocks (including Pidilite Industries Ltd.). Total holding count increased from 36 to 38 stocks.