VR Logo

5 star

IIFL Focused Equity Fund - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 2.19 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.76 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: 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -2.05 1.03 -5.08 0.61 -2.14 9.64 31.74 29.85 20.81 16.60 --
S&P BSE 500 TRI* -1.00 0.83 -4.72 1.24 -3.17 8.69 27.73 19.67 16.42 12.39 --
Equity: Flexi Cap* -1.35 0.85 -4.57 0.91 -2.21 8.65 29.11 20.14 16.14 12.55 --
Rank within category* 46 21 48 40 29 21 23 2 3 2 --
Number of funds in category* 64 65 65 64 63 60 57 42 35 31 1

As on 25-Jan-2022

* As on 26-Jan-2022

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 31.74 29.85 20.81 0.90% 2,630
UTI Flexi Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 25.60 24.13 19.57 0.92% 25,541
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 35.24 23.78 20.19 0.68% 23,717
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 17.91 20.99 18.79 0.59% 20,427
Parag Parikh Flexi Cap Fund - Direct Plan  | Invest Online
5 star
May-13 37.98 29.43 22.49 0.82% 19,933

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 29.73 22.06 1.18 1.15 0.97 10.00
S&P BSE 500 TRI 20.28 21.92 0.75 0.85 -- --
Equity: Flexi Cap 20.58 21.01 0.81 0.87 0.93 1.51
Rank within category 2 33 3 5 33 3
Number of funds in category 43 43 43 43 43 43

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

As on 31-Dec-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 51.27
Top 5 Stocks (%) 31.38
Top 3 Sectors (%) 57.81
Portfolio P/B Ratio 4.47
Portfolio P/E Ratio 27.98

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,15,696 1,51,151
Giant (%) 47.69 53.79
Large (%) 23.83 18.02
Mid (%) 18.29 21.88
Small (%) 10.19 6.73
Tiny (%) -- 0.08

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 25.00 10.15 5.29 9.15
equal Infosys Technology 33.68 7.54 2.40 7.54
equal HDFC Bank Financial 22.87 10.46 3.39 5.83
equal Larsen & Toubro Construction 30.89 6.62 0.00 4.54
up L&T Infotech Technology 47.95 4.40 0.98 4.32
equal SRF Diversified 43.95 4.35 1.91 4.20
up Axis Bank Financial 18.25 7.61 0.00 4.15
up State Bank of India Financial 16.04 6.58 0.00 4.14
equal Crompton Greaves Consumer Electricals Consumer Durable 40.48 5.51 0.00 3.71
equal Bharti Airtel Communication 138.24 6.45 0.00 3.70
equal Bajaj Finance Financial 70.55 5.48 2.76 3.61
up Divi's Laboratories Healthcare 50.42 3.66 0.00 3.01
up Cyient Technology 21.65 4.05 0.00 2.96
equal Apollo Tricoat Tubes Metals 33.42 3.35 0.00 2.83
up CCL Products (I) FMCG 29.56 2.79 0.00 2.79
equal Mahindra & Mahindra Automobile 25.69 5.05 0.00 2.75
up Dr. Reddy's Lab Healthcare 37.39 6.08 0.00 2.72
equal Sona BLW Precision Forgings Automobile 170.32 2.86 0.00 2.67
equal Bharat Petroleum Corporation Energy 4.63 3.89 0.00 2.48
equal Tata Motors Automobile -- 2.61 0.00 2.45
up Kajaria Ceramics Construction 48.94 2.38 0.00 2.38
up Coforge Technology 55.46 2.17 0.00 2.17
up Muthoot Finance Financial 14.67 4.15 1.72 2.12
up Aavas Financiers Financial 67.71 3.58 1.63 2.02
equal Tata Communications Communication 26.01 1.97 0.00 1.96

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-Dec-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.


1.03%

Change from previous, NAV as on 25-Jan-2022

Growth: ₹ 32.9373

IDCW: ₹ 32.6011


Investment Strategy

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

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. 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: 17.89%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,630 Cr (As on 31-Dec-2021)
Expense: 0.90% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: High
Turnover: 30.00%

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

Upcoming Video

Investors' Hangout

How to choose the best hybrid fund?

DateFriday, 04-Feb-2022
Time12:30 PM - 01:00 PM

attending You have reserved a spot