IDFC Focused Equity Fund - Regular Plan - Growth
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|Risk||Moderately High risk|
|Fund Type||Focused Fund|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||7.64%|
|Fine Organic Industries Ltd Ordinary Shares||7.34%|
|Reliance Industries Ltd||6.44%|
|ICICI Securities Ltd||6.24%|
|Housing Development Finance Corp Ltd||5.99%|
|Bharti Airtel Ltd||5.31%|
|ICICI Bank Ltd||4.88%|
|Security and Intelligence Services (India) Ltd||4.54%|
|Bajaj Finance Ltd||4.08%|
About IDFC Focused Equity Fund
IDFC Focused Equity Fund is an open-ended scheme which invests in equity and equity related instruments of maximum 30 companies across market capitalisation. It strives to deliver capital appreciation over a long-term investment horizon. The fund may invest up to 35% in debts & money market instrument.
Pros & Cons of IDFC Focused Equity Fund
IDFC Focused Equity Fund offers the following benefits:
- The fund primarily invests in growth-oriented companies and businesses that have turn-around potential.
- The fund house rebalances the portfolio depending on the changing economic conditions.
- This gives investors an opportunity to generate above-average returns in a shorter time span.
Fund Information and Statistics of IDFC Focused Equity Fund
i) Inception / Launch date
IDFC Focused Equity Fund was offered on March 16, 2006, by IDFC Asset Management Company.
ii) Risk level
IDFC Focused Equity Fund is a moderately high-risk bet suitable for investors with long-term investment horizon.
Redemption of Units will be done at applicable NAV prices on every business day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3 business days.
iv) Fund Manager
The fund is managed by Mr Sumit Agarwal since October 20,2016. He is a B. Com, ACS, CFA (USA), and PGDM (Finance).
v) Entry / Exit load
The fund house does not charge any entry load or exit load if redeemed after one year from the date of allotment. However, 1% exit load is charged if redeemed before one year.
Tax benefits of investing in IDFC Focused Equity Fund
The Short-term capital gain tax of 15% is levied if sold before one year from the date of allotment. Long-term capital gains, in excess of Rs 1 Lakh, will be taxed at 10% without indexation if redeemed after one year.
About IDFC Asset Management Company
IDFC Asset Management Company has been operating in India since 2000 and is one of the top fund houses in the country. It is a part of IDFC Ltd group of companies which has business in multiple sectors. It has a robust network that strives to deliver consistent value to investors in India.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns