Old Bridge Focused Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Old Bridge Focused Fund Direct Growth Plan currently has a NAV of ₹14 as of 18 Sep 2026 and a scheme AUM of ₹4,354 Cr. Its 1-year, 3-year and 5-year returns are 14.75%, 0% and 0%, respectively, and it sits in the High Risk category. Our view is that the fund has shown a recent bounce, but the longer history is too short to call it a stable compounding story yet.

That makes it more suitable for investors who can tolerate sharp swings and want a focused equity approach rather than a low-volatility allocation. The current portfolio is diversified across sectors, but the largest positions still matter a lot, so short-term performance can move unevenly.

Quick facts

Particular	Details
NAV	₹14 as of 18 Sep 2026
AUM	₹4,354 Cr
Expense Ratio	1.01%
Launch Date	24 Jan 2024
Min SIP	₹2,500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	1% on or before 365D, Nil after 365D
Fund Managers	Tarang Agrawal, Kenneth Andrade

The fund is managed by Tarang Agrawal and Kenneth Andrade.

Source data date: as of 18 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-1.89%	-3.73%
3M	4.17%	-3.14%
1Y	14.75%	-5.31%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

Short-term behaviour has been uneven, but it has improved meaningfully over the last three months. The 1-month figure is slightly negative, yet it still compares better than the benchmark over the same period. More importantly, the 3-month and 1-year numbers show the fund moving ahead while the benchmark stayed negative, which suggests that the recent rebound has been stronger inside the fund than in the broader market measure used here.

The time pattern also hints at a fund that can move around before it settles into a clearer trend. Over the 1-year window, the path included a drawdown in the middle part of the period and then a stronger recovery later, which is consistent with a focused equity portfolio rather than a smooth, defensive return stream. For investors, that means the latest 1-year number should not be read as a straight-line pattern.

On the benchmark comparison, the fund is ahead in every available period. The gap is especially visible over 3 months and 1 year, where the benchmark remains in negative territory while the fund is positive. That does not guarantee persistence, but it does show that the fund has handled the recent period better than the index it is measured against.

The longer horizon data is still incomplete, so we cannot judge multi-year compounding with the same confidence. Even so, the current pattern is better read as a recent recovery phase than as a long, fully established track record.

Source data date: as of 18 Sep 2026

Should you BUY or HOLD Old Bridge Focused?

A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.

The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Old Bridge Focused Fund Direct Growth Plan	14.75%	Data not available	Data not available
Motilal Oswal Focused Fund Direct Growth Plan	23.77%	14.23%	10.52%
SBI Focused Fund Direct Growth Plan	10.59%	14.94%	11.57%
Quant Focused Fund Direct Growth Plan	10.58%	13.78%	13.67%
HSBC Focused Fund Direct Growth Plan	7.23%	14.54%	12.5%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the 1-year measure, the fund sits behind Motilal Oswal Focused Fund Direct Growth Plan but ahead of SBI Focused Fund Direct Growth Plan, Quant Focused Fund Direct Growth Plan and HSBC Focused Fund Direct Growth Plan. That means the recent improvement is visible, but it is not the strongest number in this peer set.

Because 3-year and 5-year figures are not available for this fund, the longer-term comparison is incomplete. Among peers with those horizons available, the available data shows stronger multi-year records from SBI Focused Fund Direct Growth Plan, Quant Focused Fund Direct Growth Plan and HSBC Focused Fund Direct Growth Plan than the current fund can demonstrate right now. So the short-term picture and the longer-term picture point in different directions: the fund has a respectable recent run, but the peer group has more established long-horizon evidence.

Source data date: as of 18 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Triparty Repo	Cash & Cash Equivalents and Net Assets	7.88%
Shriram Finance Limited	Finance	7.39%
Redington Limited	Trading	6.38%
Aurobindo Pharma Limited	Healthcare	5.97%
Maruti Suzuki India Limited	Automobile & Ancillaries	5.12%
Bharti Airtel Limited	Telecom	4.87%
Ramkrishna Forgings Limited	Automobile & Ancillaries	4.8%
Prestige Estates Projects Limited	Realty	4.37%
Hindustan Zinc Limited	Non – Ferrous Metals	4.32%
Interglobe Aviation Limited	Aviation	4.09%

The top 10 holdings account for approximately 55.19% of the portfolio.

To see all holdings, visit the Old Bridge Focused Fund Direct Growth Plan page

The largest disclosed holding is Triparty Repo at 7.88%, which is meaningful but not extreme on its own. The next few positions are not far behind, with Shriram Finance Limited at 7.39% and Redington Limited at 6.38%, so the portfolio does not rely on a single dominant equity name.

The fall from the largest holding to the tenth is fairly moderate, ending at Interglobe Aviation Limited at 4.09%. That suggests the disclosed core book is spread across several mid-sized positions rather than being stretched into one very large bet and a long tail of tiny weights.

At the same time, the top 10 holdings already make up about 55.19% of the portfolio, and the fund has 26 disclosed holdings in total. That combination points to a portfolio that is reasonably focused, with the listed positions likely to have greater influence on outcomes than a broadly diversified basket would.

Source data date: as of 18 Sep 2026

Who should invest

This fund suits investors who can live with High Risk equity swings and who are comfortable with a focused portfolio rather than a very broad one. The recent 1-year performance is positive and better than the benchmark, but the missing 3-year and 5-year track record means the long-range evidence is still limited.

We think it is better aligned with a medium- to long-term horizon, where temporary volatility can be tolerated. The main trade-off is clear: the portfolio may offer stronger upside when its selected positions do well, but it may also move unevenly when those positions or the wider market weaken.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 1% on or before 365D, nil after 365D.

Source data date: as of 18 Sep 2026

Frequently asked questions

What is the current NAV of Old Bridge Focused Fund Direct Growth Plan?
The current NAV is ₹14 as of 18 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is 14.75%, while the 3-year and 5-year returns are not available.

How has the fund performed versus Nifty 50?
It has done better than Nifty 50 in the available periods. The fund is positive over 1 month, 3 months and 1 year, while the benchmark is negative across those same horizons.

How does it compare with peer funds on 1-year performance?
Its 1-year return of 14.75% is below Motilal Oswal Focused Fund Direct Growth Plan but above SBI Focused Fund Direct Growth Plan, Quant Focused Fund Direct Growth Plan and HSBC Focused Fund Direct Growth Plan.

What is the minimum SIP amount?
The minimum SIP amount is ₹2,500.

What are the fund managers and exit load?
The fund is managed by Tarang Agrawal and Kenneth Andrade. The exit load is 1% on or before 365D and nil after 365D.

Bottom line

Old Bridge Focused Fund Direct Growth Plan has a better recent run than its benchmark, but the longer-term track record is still incomplete. Compared with peers, the 1-year figure is respectable yet not the strongest, and the lack of 3-year and 5-year data makes the story less settled than some rival funds. The portfolio is fairly focused, with the disclosed top holdings carrying meaningful weight, so it may suit investors who want equity exposure with a concentrated style and can accept High Risk volatility.

Published on 21 September 2026 at 10:20 AM IST

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RIA disclosure

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.