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Kotak Focused Fund- Direct Plan- Growth option vs SBI Focused Fund - Direct Plan -growth
Kotak Focused Fund- and SBI Focused Fund are both in the Focused Fund category, from Kotak Mahindra Asset Management Company Limited. and SBI Funds Management Limited respectively. Kotak Focused Fund- has posted a higher 3-year rolling CAGR. Kotak Focused Fund- has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Kotak Focused Fund- has the lower direct-plan expense ratio, by 0.09 percentage points.
| Kotak Focused Fund- Direct Plan- Growth option | SBI Focused Fund - Direct Plan -growth | |
|---|---|---|
| Category | Focused Fund | Focused Fund |
| AMC | Kotak Mahindra Asset Management Company Limited. | SBI Funds Management Limited |
| Benchmark | Nifty 500 TRI | BSE 500 |
| NAV | ₹28.425 (2026-10-28) | ₹434.5819 (2026-10-28) |
| AUM | ₹4,261.727 Cr | ₹49,853.773 Cr |
| Expense Ratio (Direct) | 0.745% | 0.84% |
| Inception | 2019-06-25 | 2004-08-23 |
Returns
Kotak Focused Fund- leads on 3-year rolling CAGR (18.6% vs SBI Focused Fund's 16.6%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
Kotak Focused Fund- has been the more volatile of the two by standard deviation.
| Kotak Focused Fund- Direct Plan- Growth option | SBI Focused Fund - Direct Plan -growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.35 | 0.50 |
| 3Y Alpha | 3.6862% | 5.4197% |
| 3Y Std Deviation | 13.9613% | 11.5472% |
| 3Y Calmar Ratio | 0.67 | 0.99 |
Portfolio Analytics
Kotak Focused Fund- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Kotak Focused Fund- Direct Plan- Growth option | SBI Focused Fund - Direct Plan -growth | |
|---|---|---|
| P/E Ratio | 31.242 | 24.1021 |
| P/B Ratio | 4.65 | 2.24 |
| Dividend Yield | 0.8281% | 0.7809% |
| Active Share | 70.43% | 82.03% |
| Portfolio Turnover | 30.34% | 36% |
| YTM | - | 5.3459% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Kotak Focused Fund- and SBI Focused Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, Kotak Focused Fund- or SBI Focused Fund?
Kotak Focused Fund-'s 3-year rolling CAGR of 18.6% is higher than SBI Focused Fund's 16.6%. Kotak Focused Fund- sits in the 74th percentile of its category on this metric, versus the 52nd percentile for SBI Focused Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Kotak Focused Fund- or SBI Focused Fund?
Kotak Focused Fund-'s direct-plan expense ratio is 0.09 percentage points lower than SBI Focused Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Kotak Focused Fund- or SBI Focused Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Kotak Focused Fund- has been more volatile than SBI Focused Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.35 for Kotak Focused Fund- vs 0.50 for SBI Focused Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Kotak Focused Fund- or SBI Focused Fund?
SBI Focused Fund has ₹49,854 Cr in assets under management, versus ₹4,262 Cr for Kotak Focused Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Kotak Focused Fund- or SBI Focused Fund?
SBI Focused Fund launched on 2004-08-23, making it older than Kotak Focused Fund- (launched 2019-06-25). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.