This Focused Fund Has Delivered 69.12% SIP Returns In 5-Years, SIP Starts At Rs 1,000

This focused fund from IIFL mutual fund has offered good returns over the years. It has outperformed the category average returns in almost every period of investment. Also, it has performed better than its benchmark overall.

IIFL Focused Equity Fund - Direct Plan-Growth

This focused fund is an open-ended small size fund of its category. It was launched on 30th October 2014. The Asset Under Management (AUM) of this fund is Rs 2824.37 Crore. The Net Asset Value or NAV s of 29th April 2022 is Rs 31.2669. The fund has an expense ratio of 0.87%, which is marginally higher compared to its category average expense ratio. 
This fund is rated highly risky for investment and returns. However, it was rated 5-star by mutual fund rating agency CRISIL. Also, it has offered very good performance among peers funds, S7P BSE 500 is the fund benchmark. For investment in this fund whether through lump-sum or SIP, the minimum investment amount required is Rs 1,000. No lock-in period is applicable in this fund. However, it charges 1% for redemption within 365 days or 1 year. 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 16.37% average annual returns.

Tenure	Absolute Returns	Annualised Returns
1 Year	18.76%	18.76%
2 Year	91.71%	38.46%
3 Year	85.65%	22.81%
5 Year	127.09%	17.80%
Since Inception	212.67%	16.37%

SIP Returns

Tenure	Absolute Returns	Annualised Returns
1 Year	1.41%	2.62%
2 Year	27.25%	25.08%
3 Year	43.49%	24.91%
5 Year	69.12%	21.14%

Portfolio

Fund has 95.09% investment in equities of which 53.79% is in large-cap stocks, 16.87% is in mid-cap stocks, and 12.26% is in small-cap stocks. The fund has the majority of its money invested in the Financial, Technology, Communication, Healthcare, and Automobile sectors. The fund's top holdings are in ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Larsen & Toubro Ltd., and Axis Bank Ltd.

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.