| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.90% |
| NAV | ₹20.25 (30 Oct 2020) |
|---|---|
| Fund Started | 30 Oct 2014 |
| Fund Size | ₹963 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.8% |
| Infosys Ltd. | Technology | Equity | 6.4% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 5.4% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 5.0% |
| Bharti Airtel Ltd. | Communication | Equity | 4.5% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 4.0% |
| Procter & Gamble Health Ltd. | Healthcare | Equity | 3.9% |
| Bajaj Finance Ltd. | Financial | Equity | 3.5% |
| Balkrishna Industries Ltd. | Automobile | Equity | 3.4% |
IIFL Focused Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by IIFL Mutual Fund. This scheme was made available to investors on 30 Oct 2014. Prashasta Seth is the Current Fund Manager of IIFL Focused Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹963 Cr and the Latest NAV as of 30 Oct 2020 is ₹20.25.
The IIFL Focused Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
The scheme seeks to generate long term capital appreciation for investors from a portfolio of equity and equity related securities.
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.