|Min SIP Amount||₹1000|
|NAV||₹23.44 (15 Jan 2021)|
|Fund Started||30 Oct 2014|
|Fund Size||₹1,353 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.7%|
|HDFC Bank Ltd.||Financial||Equity||6.7%|
|Bajaj Finance Ltd.||Financial||Equity||5.5%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||4.4%|
|Bharti Airtel Ltd.||Communication||Equity||4.2%|
|Crompton Greaves Consumer Electricals Ltd.||Cons Durable||Equity||4.1%|
|Larsen & Toubro Infotech Ltd.||Technology||Equity||4.0%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||4.0%|
|Axis Bank Ltd.||Financial||Equity||3.9%|
IIFL Focused Equity Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,353 Cr and the Latest NAV as of 15 Jan 2021 is ₹23.44.
The IIFL Focused Equity Fund Regular 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.