Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Focused Fund

Holds 29 companies worth ₹16,237 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹17,168 CrICICI Prudential Focused Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.4% on Aug 2026, ₹17,949 Cr.

  • Largest holding

    ICICI BankICICI Bank is 8.7% of this scheme's NAV.

  • Fund manager

    Vaibhav DusadRuns it since 8 Aug 2022, as the fund house dates it. With Sharmila D'silva (overseas).

Overview(31 Aug 2026)

Fund managers2

  1. Vaibhav DusadFund manager · Aug 2022 · 13y · FRM MBA M.Tech B.Tech
  2. Sharmila D'silvaOverseas · Aug 2022
  1. Sharmila D'melloAug 2022 – Aug 2026

Key facts

Benchmark
BSE 500 TRI
Risk
Very High
Expense
Regular 1.43% · Direct 0.57%
Exit load
1% within 1 year
Started
28 May 2009
Minimum
₹500

Source.Its Scheme Summary Document as of 31 Aug 2026 at AMFI.

What changed(5 changes)

Aug 2026

4 changes
  1. Sharmila D'silva joined
    31 Augfor overseas investments
  2. Sharmila D'mello left
    31 Augran it for overseas investments from Aug 2022
  3. Expense ratio
    31 AugRegular 1.68% → 1.43%Direct 0.61% → 0.57%
  4. Renamed
    31 AugICICI Prudential Focused Equity Fund → ICICI Prudential Focused Fund

Jun 2026

1 change
  1. Expense ratio
    14 JunRegular 1.71% → 1.68%Direct 0.59% → 0.61%

Source.Its filings at NSE, since Sept 2025.

Fund managers over time(Aug 2022 – now)

  1. Vaibhav Dusad
  2. Sharmila D'silva
  3. Sharmila D'mello
MainCoSlice2023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2025 – Aug 2026)

Every change to the expense ratio, newest first.
3 changesRegularDirectΔ pt
31 Aug 20261.43%0.57%0.04
14 Jun 20261.68%0.61%0.02
24 Sept 20251.71%0.59%–
Direct plan, 31 Aug 2026
0.57%
Regular plan 1.43% · Exit load 1% within 1 year
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(31 Aug 2026)

Objective

To generate capital appreciation by investing in a concentrated portfolio of equity and equity related securities of up to 30 companies across market capitalization i.e. focus on multicap. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Open Ended
Benchmark
BSE 500 TRI
Benchmark 2
Nifty 50 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related securities
    Allowed80–100%
  2. Other Equity & Equity related instruments (Including Overseas Securities)
    Allowed0–20%
  3. Money market instruments, other liquid instruments^, Units of Overnight funds, Liquid funds and Money Market funds
    Allowed0–20%
  4. Units issued by InVITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.94.6% equity · 5.4% debt and cash

How to invest(31 Aug 2026)

Buying

To start
₹500, then in multiples of ₹1
To add
₹500, then in multiples of ₹1
SIP how often
Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
SIP minimum
Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000 Choti SIP = Monthly = Rs. 250 only (For classifying as Choti SIP amount should not be more or less than Rs.250/-), then re. 1/-
SIP instalments
Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4 Choti SIP = Monthly = 60

Selling and switching

To redeem
Any amount
Switch minimum
₹500
STP how often
Daily,Weekly,Fortnightly, Monthly,Quarterly
STP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any date* Quarterly = Any date* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
STP minimum
Monthly, Weekly, Fortnightly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments
Daily,Weekly, Fortnightly, Monthly = 6 Quarterly = 4
SWP how often
Monthly,Quarterly, Half Yearly,Annual
SWP dates
Monthly = Any date* Quarterly= Any date* Daily = Any day* Weekly = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
SWP instalments
Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details(31 Aug 2026)

What it is

Category
Equity - Focused Fund
Offer
15 Apr 2009 to 14 May 2009
Started
28 May 2009
Reopened
3 Jun 2009
Plans
ICICI Prudential Focused Fund - Direct Plan - Growth · ICICI Prudential Focused Fund - Direct Plan - IDCW · ICICI Prudential Focused Fund - Regular Plan - Growth · ICICI Prudential Focused Fund - Regular Plan - IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Provisions for Segregated Portfolio have been added as an enabler
Custodian
Citibank N.A., HDFC Bank Limited, HSBC and SBI-SG Global Securities Services Private Limited
Auditor
BSR & Co. LLP
Registrar
Computer Age Management Services Limited
SEBI code
ICIC/O/E/FOC/22/02/0140