What is your opinion about the SBI Bluechip Fund? Also, what is a focussed fund?
SBI Bluechip is a good and very well-managed fund. It invests only in large-sized companies which are leaders in their business segments. Its recent performance has been excellent.
A focussed fund is a mutual fund scheme where the fund manager decides not to invest in too many stocks and instead invest in a concentrated portfolio of 20-30 stocks. Both returns and risk can be slightly higher because of a concentrated portfolio.