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IIFL Focused Equity Fund Direct Growth

Equity
Focused
Very High Risk
17.63%
3Y annualised
+0.91% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹28.46
Min. SIP amount₹1,000
Rating5
Fund size₹2,811.48Cr

Returns and rankings

Category: Equity Focused
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.1%17.6%15.2%14.6%
Category average52.1%14.5%14.5%NA
Rank with in category2852NA
Understand terms

Holdings (31)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.0%
HDFC Bank Ltd.FinancialEquity7.0%
Infosys Ltd.TechnologyEquity6.1%
Larsen & Toubro Ltd.ConstructionEquity4.7%
State Bank of IndiaFinancialEquity4.6%
Axis Bank Ltd.FinancialEquity4.3%
Bharti Airtel Ltd.CommunicationEquity4.2%
SRF Ltd.DiversifiedEquity3.7%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity3.4%
Bajaj Finance Ltd.FinancialEquity3.3%
See All

Pros and cons

Category: Equity Focused

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 52.05%
Higher alpha: 4.31 The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y
Lower expense ratio: 0.9%

Expense ratio, exit load and tax

Expense ratio: 0.90%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Mayur Patel
Nov 2019 - Present
View details

Education
Mr. Patel is a Chartered Accountant & CFA
Experience
Prior to joining IIFL Asset Management Limited, he managed equity portfolios of DSP BlackRock Equity Savings Fund and MIP Fund at DSP BlackRock Investment Managers, Spark Capital as Lead Analyst, Tata Motors and CRISIL.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
IIFL Centre-6th Floor,Kamala City, Senapati Bapat Marg,Lower Parel, Mumbai 400013
Phone
022-42499000 / 1800-200-2267
Launch Date
22 Mar 2010
Website
NA
Amc Image
IIFL Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in IIFL Focused Equity Fund Direct Growth?

You can easily invest in IIFL Focused Equity Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for IIFL Focused Equity Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in IIFL Focused Equity Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IIFL Focused Equity Fund Direct Growth provide?

The IIFL Focused Equity Fund Direct Growth has been there from 30 Oct 2014 and the average annual returns provided by this fund is 0.09% since its inception.

How much expense ratio is charged by IIFL Focused Equity Fund Direct Growth?

The term Expense Ratio used for IIFL Focused Equity Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of IIFL Focused Equity Fund Direct Growth is 0.90% as of 26 Jun 2022...

What is the AUM of IIFL Focused Equity Fund Direct Growth?

The AUM, short for Assets Under Management of IIFL Focused Equity Fund Direct Growth is ₹2,811.48Cr as of 26 Jun 2022.

How to Redeem IIFL Focused Equity Fund Direct Growth?

If you want to sell your IIFL Focused Equity Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of IIFL Focused Equity Fund Direct Growth?

You can select either SIP or Lumpsum investment of IIFL Focused Equity Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of IIFL Focused Equity Fund Direct Growth?

The NAV of IIFL Focused Equity Fund Direct Growth is ₹28.46 as of 24 Jun 2022.

What is the PE and PB ratio of IIFL Focused Equity Fund Direct Growth?

The PE ratio ratio of IIFL Focused Equity Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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