Franklin India Focused Equity Fund vs ICICI Prudential Focused Equity Fund: Which is Better in 2026? | sharpely

ICICI Prudential Focused Equity Fund Direct-Growth has delivered the higher 3-year CAGR (18.95% vs 10.45%). ICICI Prudential Focused Equity Fund Direct-Growth manages the larger corpus at ₹17.01k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.

Over 1 year, ICICI Prudential Focused Equity Fund Direct-Growth returned 7.38% against -3.14% for Franklin India Focused Equity Fund Direct-Growth; and over 3 years, ICICI Prudential Focused Equity Fund Direct-Growth leads with a 18.95% CAGR versus 10.45%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.

Both Franklin India Focused Equity Fund Direct-Growth and ICICI Prudential Focused Equity Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.

The portfolio overlap between the two funds is 35.4%, which is considered moderate. At this level the funds share a meaningful part of their portfolios but still differ enough to add some diversification. You can see the shared stocks in the overlap section above.

Yes — both are Equity: Focused funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.

Franklin India Focused Equity Fund Direct-Growth has a NAV of ₹117.25 and an AUM of ₹11.41k Cr, and was launched on 31 Dec 2012. ICICI Prudential Focused Equity Fund Direct-Growth has a NAV of ₹112.19 and an AUM of ₹17.01k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.