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5 star

IIFL Focused Equity Fund - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.82 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.62 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 16.00 0.31 2.05 7.97 5.11 20.55 68.65 22.10 20.56 -- --
S&P BSE 500 TRI 18.66 0.37 1.38 7.55 7.28 22.47 69.47 14.89 16.28 -- --
Equity: Flexi Cap 17.44 0.23 1.39 6.90 6.52 21.36 62.23 14.32 15.79 -- --
Rank within category 33 21 8 8 44 32 12 2 2 -- --
Number of funds in category 55 59 59 58 58 55 51 38 35 30 1

As on 11-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IIFL Focused Equity Fund - Direct Plan
5 star
Oct-14 68.65 22.10 20.56 0.90 1,823
Kotak Flexicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 57.80 14.42 16.53 0.64 35,955
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 75.05 19.11 18.21 1.21 18,405
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 60.86 15.39 19.36 0.62 16,540
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 58.75 16.72 17.93 0.76 15,879

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.05 01-Apr-2020 - 09-Apr-2020 -20.02 16-Mar-2020 - 23-Mar-2020
Month 18.75 24-Mar-2020 - 23-Apr-2020 -36.57 20-Feb-2020 - 23-Mar-2020
Quarter 31.53 24-Mar-2020 - 23-Jun-2020 -31.12 23-Dec-2019 - 23-Mar-2020
Year 95.76 23-Mar-2020 - 23-Mar-2021 -17.78 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 22.68 24.35 0.75 0.76 1.01 6.74
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: Flexi Cap 15.16 22.22 0.49 0.55 0.94 -0.01
Rank within category 1 33 3 6 31 2
Number of funds in category 39 39 39 39 39 39

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 51.28
Top 5 Stocks (%) 31.15
Top 3 Sectors (%) 56.14
Portfolio P/B Ratio 3.80
Portfolio P/E Ratio 26.32

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,09,269 1,33,343
Giant (%) 47.14 52.33
Large (%) 26.67 17.31
Mid (%) 18.29 23.41
Small (%) 7.89 7.45
Tiny (%) -- 0.14

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal ICICI Bank Financial 23.94 10.15 0.00 9.50
up Infosys Technology 31.86 6.81 2.40 6.52
equal Axis Bank Financial 31.45 7.61 0.00 5.61
equal Larsen & Toubro Construction 18.22 6.62 0.00 5.07
up State Bank of India Financial 17.11 6.58 0.00 4.45
equal HDFC Bank Financial 25.76 10.46 3.39 4.26
up Bharti Airtel Communication -- 6.45 0.00 4.17
equal Crompton Greaves Consumer Electricals Cons Durable 43.82 5.51 0.00 3.97
equal BPCL Energy 6.49 3.89 0.00 3.89
equal Mahindra & Mahindra Automobile 55.49 5.05 0.00 3.84
equal Bajaj Finance Financial 83.56 9.37 2.76 3.71
equal Divi's Laboratories Healthcare 58.00 3.66 0.00 3.28
equal SRF Diversified 34.94 3.50 0.00 3.26
down Cyient Technology 24.70 4.05 0.00 3.21
equal L&T Infotech Technology 37.69 4.40 0.00 3.18
equal Dr. Reddy's Lab Healthcare 46.46 6.08 0.00 2.90
equal Apollo Tricoat Tubes Services 38.77 3.12 0.00 2.80
equal Motherson Sumi Systems Automobile 74.35 2.58 0.00 2.58
new Tata Motors Automobile -- 2.34 0.00 2.34
equal Muthoot Finance Financial 15.54 4.15 0.00 2.10
equal Mahanagar Gas Energy 19.56 2.93 0.00 2.02
equal Aavas Financiers Financial 68.36 3.58 0.00 1.95
equal Asian Paints Chemicals 90.35 3.35 0.00 1.87
equal Kajaria Ceramics Construction 70.50 2.04 0.00 1.76
equal Tata Communications Communication 29.36 1.92 0.00 1.72

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Mayur Patel since 11-Nov-2019

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.


0.31%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 28.2844

IDCW: ₹ 27.9956


Investment Strategy

The scheme seeks to generate long term capital appreciation for investors from a portfolio of equity and equity related securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: IIFL Mutual Fund
Launch Date: 30-Oct-2014
Return Since Launch: 17.01%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,823 Cr (As on 31-May-2021)
Expense: 0.90% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 53.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW15-Feb-20170.1700

Contact Information

AMC: IIFL Asset Management Limited

Address: IIFL Centre-6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400013

Phone: 022-42499000 / 1800-200-2267

Fax: 022-24954310

Email: [email protected]

Website: http://www.iiflmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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