Nippon India Focused Fund is a Focused fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹8,075 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.7% a year and its Regular plan returned 8.0% a year. Its benchmark, BSE 500 TRI, returned 9.9% a year over the same 3 years.
NAV (Direct plan)
₹127.32
▼ 0.17% · 30-10-2026
NAV (Regular plan)
₹114.72
▼ 0.17% · 30-10-2026
Expense ratio
1.42%Direct2.08%Regular
1.42%
A year
Riskometer
Very High
Set by the fund house
3 year return
8.7%Direct8.0%Regular
8.7%
A year
Nippon India Focused Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹127.32 (down 0.17% that day); Regular Plan Growth ₹114.72 (down 0.17% that day).
This fund (Direct plan)
₹127.3241
Nippon India Focused Fund Returns vs BSE 500 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−1.18%
−5.72%
−3.28%
−7.11%
+8.73%
+8.68%
+11.92%
This fund (Regular)
−1.23%
−5.88%
−3.60%
−7.74%
+7.99%
+7.94%
+11.08%
BSE 500 TRI
−0.87%
−6.09%
−2.95%
−7.66%
+9.89%
+8.65%
+12.51%
Focused average
−1.00%
−4.12%
+1.39%
−3.09%
+12.30%
+10.21%
+13.15%
Best in Focused
+2.11%
+5.18%
+17.02%
+19.34%
+21.38%
+15.90%
+15.20%
Worst in Focused
−5.18%
−8.77%
−5.73%
−14.35%
+7.49%
+3.36%
+11.36%
Rank in Focused
17/28
21/28
24/28
21/28
23/27
18/22
10/13
Category rows compare the Direct plans of 28 Focused funds. Rank 1 is the highest return.
Nippon India Focused Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
BSE 500 TRI
2026to date
−7.27%
−7.78%
−7.81%
2025
+10.08%
+9.32%
+7.63%
2024
+10.86%
+10.10%
+15.81%
2023
+27.95%
+27.07%
+26.55%
2022
+8.44%
+7.67%
+4.77%
2021
+37.47%
+36.55%
+31.63%
Nippon India Focused Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−10%0%10%20%30%40%50%
Nippon India Focused Fund (Direct)
BSE 500 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Nippon India Focused Fund (Direct)BSE 500 TRI
4%
2%
Below 0%
5%
4%
0-5%
7%
8%
5-10%
23%
37%
10-15%
28%
34%
15-20%
14%
12%
20-25%
19%
3%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
12.1%
−36.3%
121.8%
14%
11.3%
64%
2 years
2,912
17.2%
−18.5%
62.2%
10%
15.5%
60%
3 years
2,666
16.4%
−9.0%
41.6%
4%
14.9%
56%
5 years
2,173
15.8%
−1.2%
31.1%
0%
14.9%
69%
7 years
1,684
15.4%
11.4%
22.7%
0%
14.3%
76%
10 years
941
15.7%
11.8%
21.9%
0%
14.6%
89%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
14.4%
−52.6%
121.3%
18%
12.7%
63%
2 years
142
15.8%
−31.4%
70.0%
10%
12.4%
62%
3 years
130
18.1%
−22.4%
36.4%
5%
14.9%
57%
5 years
106
17.1%
−9.1%
28.3%
3%
15.4%
74%
7 years
82
16.6%
1.3%
21.8%
0%
15.5%
90%
10 years
46
16.1%
12.6%
18.6%
0%
15.3%
93%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than BSE 500 TRI over the same days. Past returns do not promise future returns.
Nippon India Focused Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Focused Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
−7.11%
−7.66%
Standard deviation
14.79%
14.32%
Sharpe ratio
-0.84
-0.90
Sortino ratio
-1.12
-1.19
Maximum drawdown
−14.9%
(31-03-2026)
−14.8%
(30-03-2026)
Beta
1.00
1.00
Alpha
+0.51%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Focused Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+8.73%
+9.89%
Standard deviation
13.45%
14.19%
Sharpe ratio
0.20
0.27
Sortino ratio
0.28
0.37
Maximum drawdown
−17.6%
(03-03-2025)
−18.7%
(28-02-2025)
Beta
0.90
1.00
Alpha
−0.77%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Focused Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+8.68%
+8.65%
Standard deviation
13.97%
14.29%
Sharpe ratio
0.21
0.20
Sortino ratio
0.28
0.27
Maximum drawdown
−17.6%
(03-03-2025)
−18.7%
(28-02-2025)
Beta
0.93
1.00
Alpha
+0.23%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Focused Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+11.92%
+12.51%
Standard deviation
16.39%
16.03%
Sharpe ratio
0.40
0.44
Sortino ratio
0.53
0.59
Maximum drawdown
−43.4%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
0.97
1.00
Alpha
−0.40%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Focused Fund (Direct)This fund
BSE 500 TRI
Return (CAGR)
+15.46%
+12.82%
Standard deviation
16.16%
15.77%
Sharpe ratio
0.58
0.43
Sortino ratio
0.78
0.58
Maximum drawdown
−43.4%
(23-03-2020)
−38.1%
(23-03-2020)
Beta
0.95
1.00
Alpha
+2.98%
0.00%
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−50%−40%−30%−20%−10%0%
Nippon India Focused Fund (Direct)
BSE 500 TRI
2014201620182020202220242026
Nippon India Focused Fund (Direct)BSE 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Nippon India Focused Fund (Direct)
−43.4%
15-01-2018
23-03-2020
02-12-2020
8 months
−8.6%
BSE 500 TRI
−38.1%
17-01-2020
23-03-2020
06-11-2020
7 months
−9.4%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and BSE 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Nippon India Focused Fund vs Other Focused Funds
The five Focused funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Nippon India Focused Fund Expense Ratio and Costs
What each plan charges a year, in force from 21-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Focused median
Cost rank (1 = cheapest)
Direct
0.96%
0.09%
0.01%
0.36%
1.42%
1.10%
24/28
Regular
1.53%
0.09%
0.01%
0.45%
2.08%
2.23%
9/28
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Focused funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−7.74%
−7.11%
0.63%
₹92,260
₹92,890
3 years
7.99%
8.73%
0.74% a year
₹1,25,936
₹1,28,543
5 years
7.94%
8.68%
0.74% a year
₹1,46,525
₹1,51,617
10 years
11.08%
11.92%
0.84% a year
₹2,85,995
₹3,08,373
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Nippon India Focused Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Direct planNippon India Focused Fund (Direct)Regular planNippon India Focused Fund (Regular)BSE 500 TRICategory averageCategory average, 28 Focused fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Focused Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
98.4%Equity
Asset
Fund
Category
Equity
98.4%
93.9%
Cash and others
1.6%
5.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
62.5%
57.8%
Mid Cap
19.3%
18.9%
Small Cap
16.5%
15.4%
Share of the whole fund. Category: the average of the Focused funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Nippon India Focused Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks25.1%
Retailing14.2%
Electrical Equipment5.8%
IT - Software5.8%
Insurance5.5%
Leisure Services5.3%
Petroleum Products4.2%
Aerospace & Defense4.0%
Beverages3.8%
Finance3.4%
The ten largest of 20 sectors. The other 10 add up to 21.3%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
27.7%
27.1%
25.1%
−2.6%
Retailing
14.7%
14.6%
14.2%
−0.5%
Electrical Equipment
6.0%
5.7%
5.8%
−0.3%
IT - Software
5.6%
6.2%
5.8%
+0.2%
Insurance
--
2.5%
5.5%
--
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Nippon India Focused Fund Portfolio Holdings
As on 30-09-2026 · 30 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
HDFC Bank Limited
Banks
9.37%
+12.7%
ICICI Bank Limited
Banks
9.17%
+5.7%
Axis Bank Limited
Banks
6.60%
−13.9%
Infosys Limited
IT - Software
5.82%
0.0%
Reliance Industries Limited
Petroleum Products
4.19%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
3.97%
0.0%
Eternal Limited
Retailing
3.87%
−9.3%
Trent Limited
Retailing
3.81%
0.0%
Varun Beverages Limited
Beverages
3.75%
0.0%
SBI Cards and Payment Services Limited
Finance
3.35%
0.0%
Bharat Heavy Electricals Limited
Electrical Equipment
3.34%
0.0%
Oil & Natural Gas Corporation Limited
Oil
3.11%
0.0%
HDFC Life Insurance Company Limited
Insurance
2.97%
New
3M India Limited
Diversified
2.95%
+12.1%
Swiggy Limited
Retailing
2.75%
0.0%
Syngene International Limited
Healthcare Services
2.71%
0.0%
Tube Investments of India Limited
Auto Components
2.67%
+19.8%
Life Insurance Corporation Of India
Insurance
2.52%
0.0%
Siemens Energy India Limited
Electrical Equipment
2.49%
0.0%
Info Edge (India) Limited
Retailing
2.09%
0.0%
Bluestone Jewellery and Lifestyle Limited
Consumer Durables
1.98%
+40.8%
Sapphire Foods India Limited
Leisure Services
1.97%
0.0%
BIKAJI FOODS INTERNATIONAL LIMITED
Food Products
1.86%
0.0%
Restaurant Brands Asia Limited
Leisure Services
1.81%
0.0%
MedPlus Health Services Limited
Retailing
1.70%
0.0%
Biocon Limited
Pharmaceuticals & Biotechnology
1.57%
New
Cyient Limited
IT - Services
1.57%
+9.5%
Thomas Cook (India) Limited
Leisure Services
1.55%
0.0%
PB Fintech Limited
Financial Technology (Fintech)
1.47%
New
PVR INOX Limited
Entertainment
1.38%
−2.7%
Nippon India Focused Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
HDFC Bank Limited
↑Added
+12.7%
9.37%
ICICI Bank Limited
↑Added
+5.7%
9.17%
Axis Bank Limited
↓Reduced
−13.9%
6.60%
Eternal Limited
↓Reduced
−9.3%
3.87%
Bajaj Finserv Limited
↓Sold out
−100%
was 3.50%
HDFC Life Insurance Company Limited
↑New
New
2.97%
3M India Limited
↑Added
+12.1%
2.95%
State Bank of India
↓Sold out
−100%
was 2.78%
Tube Investments of India Limited
↑Added
+19.8%
2.67%
Bluestone Jewellery and Lifestyle Limited
↑Added
+40.8%
1.98%
Cyient Limited
↑Added
+9.5%
1.57%
Biocon Limited
↑New
New
1.57%
PB Fintech Limited
↑New
New
1.47%
PVR INOX Limited
↓Reduced
−2.7%
1.38%
Samvardhana Motherson International Limited
↓Sold out
−100%
was 1.11%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Nippon India Focused Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.42%
Expense ratio (Regular)
2.08%
Category
Focused
Risk
Very High
Benchmark
BSE 500 TRI
Launch date
26-12-2006
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹8,075.20 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118692
ISIN (Direct)
INF204K01F95
Scheme code (Regular)
104637
ISIN (Regular)
INF204K01GE7
NAV history
From 02-01-2013, 13.8 years
Exit load
Exit load for units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
Tax on Nippon India Focused Fund returns
Nippon India Focused Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹127.3241
30-10-2026
direct
IDCW
₹42.4559
30-10-2026
regular
Growth
₹114.7177
30-10-2026
regular
IDCW
₹30.7121
30-10-2026
About Nippon India Focused Fund
Nippon India Focused Fund is a mutual fund from Nippon India Mutual Fund. Its category is Focused. It was launched on 26-12-2006. Its benchmark is BSE 500 TRI. At the end of September 2026 it held 30 securities.
Frequently Asked Questions for Nippon India Focused Fund
What is the current NAV of Nippon India Focused Fund?
The Direct plan NAV is ₹127.3241. The Regular plan NAV is ₹114.7177, as on 30-10-2026.
What are the returns of Nippon India Focused Fund?
The Direct plan returned −7.11% in 1 year, +8.73% a year over 3 years, +8.68% a year over 5 years. The Regular plan returned −7.74% in 1 year, +7.99% a year over 3 years, +7.94% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Focused Fund?
The Direct plan charges 1.42% a year. The Regular plan charges 2.08% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.
What is the AUM of Nippon India Focused Fund?
Nippon India Focused Fund managed ₹8,075.20 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Focused Fund?
At the end of September 2026 the largest holdings were HDFCBANK (9.37%), ICICIBANK (9.17%), AXISBANK (6.60%), INFY (5.82%), RELIANCE (4.19%). The fund held 30 securities in all.
What did Nippon India Focused Fund buy and sell in September 2026?
It bought 3 new stocks: Biocon Limited, PB Fintech Limited, HDFC Life Insurance Company Limited. It sold out of 3: State Bank of India, Samvardhana Motherson International Limited, Bajaj Finserv Limited. It added shares in 6. It reduced 3.
How do I invest in Nippon India Focused Fund?
Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Nippon India Focused Fund?
Vinay Sharma, Rishit Parikh.
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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