Focused equity funds are generally placed in the flexicap category. As the name suggests. Focused funds invest in fewer stocks than regular diversified schemes, resulting in a smaller portfolio. Typically, these types of funds invest in 25-30 stocks. Of these, even some of the above stocks constitute the bulk of the investment. These funds have shown strong returns in the past one year. Such funds have outperformed other types of funds.
Since the portfolio of such funds is very concentrated, such schemes keep 5-9 per cent of their assets in the form of cash. So that you can protect yourself in the event of any ups and downs or take advantage of any investment opportunity when you get it. Here we are telling about 5 such focused funds which have given strong returns in the last 1 year.
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Nippon India Focused Equity Fund (Nippon India Focused Equity Fund) tops this list. According to the data of Valueresearch (Value Research), this fund has given 79.9 percent return in the last one year. The Asset Under Management (AUM) of this scheme is Rs 5.818 crore. Its expense ratio for direct plans is 1.32 per cent. The largest holding of this fund is in financials. After that it also has less than 10 per cent stake in FMCG and construction.
Franklin India Focused Equity Fund It is number two on this list. According to the data of Valueresearch (Value Research), this fund has given 79.8 percent return in the last one year. The Asset Under Management (AUM) of this scheme is Rs 7836 crore. Its expense ratio for direct plans is 1.12 per cent. The largest holding of this fund is in financials. After that it also has holdings in energy and construction.
HDFC Focused 30 It is number two on this list. According to the data of Valueresearch (Value Research), this fund has given 78.5 percent return in the last one year. The Asset Under Management (AUM) of this scheme is Rs 838 crore. Its expense ratio for direct plans is 1.37 per cent.
ICICI Prudential Focused Equity Fund Next on this list is the fund. According to the data of Valueresearch (Value Research), this fund has given 69.5 percent return in the last one year. The Asset Under Management (AUM) of this scheme is Rs 2,256 crore. Its expense ratio for direct plans is 0.81 percent. The largest holding of this fund is in technology stocks.
SBI Focused Equity Fund Has also given strong returns in the last 1 year. According to the data of Valueresearch (Value Research), this fund has given 67.7 percent return in the last one year. The Asset Under Management (AUM) of this scheme is Rs 20372 crore. Its expense ratio for direct plans is 0.72 per cent. The largest holding of this fund is in FMCG and healthcare sectors. Apart from this, it also has exposure in financial stocks. Keep in mind that we do not give any investment advice in these funds. We are giving here only the details of their performance for the last one year.
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