ICICI Prudential Focused Equity Fund Direct-Growth
Motilal Oswal Focused Fund Direct-Growth
Description
The scheme seeks 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.
The Scheme seeks to achieve long term capital appreciation by investing in upto 30 companies with focus in multi cap space.
10.4% of the combined portfolio weight is common between ICICI Prudential Focused Equity Fund Direct-Growth and Motilal Oswal Focused Fund Direct-Growth.
4 stocks appear in both portfolios.
The largest shared holding is Titan Company Ltd., at 3.00% of ICICI Prudential Focused Equity Fund Direct-Growth and 3.51% of Motilal Oswal Focused Fund Direct-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
Titan Company Ltd.PNB Housing Finance Ltd.Eternal Ltd.Bharti Airtel Ltd.
ICICI Prudential Focused Equity Fund Direct-Growth has delivered the higher 3-year CAGR (18.95% vs 13.30%). ICICI Prudential Focused Equity Fund Direct-Growth is the cheaper of the two with an expense ratio of 1.17% against 1.74%. 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, Motilal Oswal Focused Fund Direct-Growth returned 20.40% against 7.38% for ICICI Prudential Focused Equity Fund Direct-Growth; and over 3 years, ICICI Prudential Focused Equity Fund Direct-Growth leads with a 18.95% CAGR versus 13.30%. 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.
ICICI Prudential Focused Equity Fund Direct-Growth has the lower expense ratio at 1.17%, compared with 1.74% for Motilal Oswal Focused Fund Direct-Growth — a difference of 0.57% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both ICICI Prudential Focused Equity Fund Direct-Growth and Motilal Oswal Focused 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 10.4%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. 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.
ICICI Prudential Focused Equity Fund Direct-Growth has a NAV of ₹112.19 and an AUM of ₹17.01k Cr, and was launched on 31 Dec 2012. Motilal Oswal Focused Fund Direct-Growth has a NAV of ₹60.68 and an AUM of ₹1.64k Cr, launched on 12 May 2013. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
