Performance Update

Taking a breather

SBI Focused Equity Fund has hit a lean patch this year, primarily due to its foreign equities exposure

SBI Focused Equity Fund has hit a lean patch this year, primarily due to its foreign equities exposure

How it has performed Since the beginning of this year, the US market fall has significantly hurt its foreign holdings, with corrections of more than 40-50 per cent. In addition, SEBI's decision to pause investments in foreign equities has hurt the fund, as it has not been able to take advantage of the steep price drop. Consequently, its allocation to these stocks has almost halved over the last year. Did you kno

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