Rating : ★ ★ ★ ★ ☆

IIFL Focused Equity Fund Direct Growth

Equity

  

Focused Fund

NAV

25.7079-0.7195

(as on 26 Feb, 2021)

RETURNS

19.64 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1%

Asset Size

1421.77 Cr.

(As of 31 Jan, 2021)

Benchmark

S&P BSE 200 India TR INR

Riskometer

Investors understand that their principal will be at Very High Risk.

Objective

The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

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Fund manager

Prashastha Seth

Exit load

4 %

(If redeemed within 90 days)

Minimum sip

₹1000

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

ICICI Bank Ltd Ordinary Shares

9.32%

Infosys Ltd

6.31%

HDFC Bank Ltd

5.50%

Mahindra & Mahindra Ltd Ordinary Shares

5.05%

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.

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Overview of IIFL Asset Management Limited

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