These 3 focused funds witnessed the largest exodus in last 12 months

Dogged by poor performance, too

These focused funds failed to beat their benchmark’s 33.4% returns. (FYI, focused funds are equity funds that can invest in up to 30 stocks only)

3. Mirae Asset Focused

Net outflows: Rs 1,400 crore, Fund’s returns: 22.7%

2. SBI Focused Equity

Net outflows: Rs 2,600 crore, Fund’s returns: 27.9%

1. Axis Focused 25

Net outflows: Rs 4,700 crore, Fund’s returns: 25.0%

Important note

Note: Net outflows are Value Research estimates. Net flows and returns (direct plans) from February 1, 2023 to January 31, 2024.

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