Rating : ★ ★ ★ ★ ☆

IDFC Focused Equity Fund - Direct Plan - Dividend Payout

Equity

  

Focused Fund

NAV

19.99-0.12

(as on 30 Sep, 2020)

RETURNS

3.45 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Investment Plan

1%

Benchmark

IISL Nifty 50 TR INR

Asset Size

1399.64 Cr.

(As of 31 Aug, 2020)

Risk

Moderately High

Objective

The investment objective of the Scheme is seek to generate capital appreciation by investing in a concentrated portfolio of equity and equity related instruments up to 30 companies. There is no assurance or guarantee that the objectives of the scheme will be realized.

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Fund manager

Sumit Agrawal

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹100

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Bharti Airtel Ltd

10.12%

Reliance Industries Ltd

9.87%

Fine Organic Industries Ltd Ordinary Shares

8.09%

Infosys Ltd

7.32%

Sector Allocation

About the Scheme Type

Focused Funds have shares in limited number of companies (typically less than thirty companies) as well as in limited number of sectors (typically less than 3 sectors). Now, the reason why mutual funds are so popular is because of diversification only, but while that may be a good things when it comes to investments, too much diversification might also result in nominal returns. Hence, a Focused Fund, because of itsfocused approach on a few units can deliver market beating returns, the less diversification can also mean more exposure torisks.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

★ ★ ★ ★ ☆

Overview of IDFC Asset Management Company Limited

IDFC Asset Management Company Limited finds its roots back to 2000 when it was established and which has since gone on to become one of the largest fund houses in India (in terms of AUM). The IDFC Mutual Fund provides its services to institutional and retail investors and has developed a robust network to deliver consistent value to its investors across India. The IDFC Fund manages equity, fixed income, and balanced mutual funds for its clients and invests in public equity and fixed income markets of India. The firm obtains external research to complement its in- house research. IDFC Asset Management Company Limited operates as a subsidiary of IDFC Financial Holding Company Limited.