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  • IIFL Mutual Funds
  • IIFL Focused Equity Fund (Growth)

Formerly IIFL India Growth Reg Gr

IIFL Mutual Funds

IIFL Focused Equity Fund (Growth)

EquityFocused

Recommended

Top Ranked

26.6014

NAV (May 23)

15.4%
5 Year CAGR
Scripbox Opinion

Recommended

IIFL Focused Equity Fund (Growth) is recommended for investment within focused mutual funds.

Focused funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

8 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

2,836 Cr. Large within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Consistently Good. The fund has performed well consistently over a period of time

Scripbox Recommended Focused Funds

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

26.6014

NAV (May 23)

Fund Returns

Last 1Y

7.6%

Last 3Y

17.9%

Last 5Y

15.4%

Last 10Y

NA

Since Inception

13.8%

6 Month CAGR

-13.2%

Scheme Information

Investment Objective

The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Expense Ratio

1.96

Launched (8y ago)

Oct 30, 2014

AUM in Crores

2835.433

ISIN

INF579M01878

Lock-in

No Lock-in

Benchmark

S&P BSE 500 India TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Mayur Patel

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-05-23

Top Stock Holdings

icici bank ltd

8%
8%

hdfc bank ltd

7%
7%

treps

6.9%
6.9%

infosys ltd

6.1%
6.1%

larsen & toubro ltd

4.7%
4.7%
See all holdings
allocation by market cap

Allocation by Sector

financial services

32.8%
32.8%

industrials

12.6%
12.6%

technology

10.5%
10.5%

basic materials

9.4%
9.4%

consumer cyclical

7.8%
7.8%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,388 cr

5

₹ 13,113 cr

5

₹ 13,113 cr

5

₹ 4,388 cr

5

₹ 4,388 cr

5

About the AMC

IIFL Asset Management Limited

IIFL Asset Management Limited manages assets worth 4,561 crores and was set up on 22 March 2011. It's current offering of mutual fund schemes includes 12 debt and 3 equity funds.

amc-img

  • 022-42499000
  • service@iiflmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    17.9%

    13.8%

    17.9%

    13.8%

    17.9%

    13.8%

    3.7%

    6%

    6.2%

    6.7%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IIFL Focused Equity Fund (Growth) is an open-ended equity scheme. As the name suggests, IIFL Focused Equity Fund (Growth) is a focused fund that invests in multi cap stocks. A focused fund can invest in a maximum of 30 stocks. A focused fund aims to deliver a higher return on investment by investing in stocks of limited companies that have a proven track record of performance and growth potential. To achieve its objectives, the scheme invests in a diversified portfolio. The scheme follows a bottom-up investment approach to achieve growth and appreciation. 

    Investment Objective of IIFL Focused Equity Fund (Growth)

    The investment objective of IIFL Focused Equity Fund (Growth) is to deliver long term growth and capital appreciation from a portfolio of equity and equity related securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. The scheme follows an approach through which it builds a diversified portfolio of Equity or Equity related instruments combined with Debt and Money market instruments.

    Scheme Details of IIFL Focused Equity Fund (Growth)

    IIFL Focused Equity Fund (Growth) was launched on Oct 30, 2014, by IIFL Asset Management Company. With an existence of over 8 years, the fund continues to provide consistent returns and growth since its inception. 

    • NAV and Returns – The NAV of the fund as of 3rd April 2022 is Rs 29.59. The risk-o-meter of the fund is a very high risk of the nature of IIFL Focused Equity Fund (Growth). Owing to the risk-o-meter, an investor must understand that their principal amount of investment will be at very high risk. Since its inception, the Fund has delivered a return of 15.80%.
    • Minimum Investment – For a SIP investment, the fund mandates a minimum SIP investment of Rs 1,000. To make a lump sum investment an investor must invest a minimum amount of Rs 5,000.
    • Expense Ratio and Exit Load – The fund charges an expense ratio of 1.97% on the units of the mutual funds at the NAV. The fund charges an exit load of 1% if the investor redeems or switches out, on or before 12 months from the date of allotment.
    • Fund Manager – The scheme is managed by Mr Mayur Patel. Mr Mayur Patel is a Chartered Accountant and a Certified Financial Accountant CFA. Prior to joining IIFL Asset Management Limited, he worked at DSP BlackRock Investment Managers, where he managed equity portfolios for DSP BlackRock Equity Savings Fund and MIP Fund, Spark Capital as a Lead Analyst, Tata Motors, and CRISIL.
    • Other Details – As of 3rd April 2022, the AUM of IIFL Focused Equity Fund (Growth) is Rs 2,640.431 cr. The fund benchmarks to S&P BSE 500 India TR INR and aims to beat the benchmark and provide long term inflation beating return on investment. There is no lock-in period and an investor can redeem the units of the funds anytime. However, it is advisable to stay invested for a minimum period of 5 years. 

    Review of IIFL Focused Equity Fund (Growth)

    IIFL Focused Equity Fund (Growth) is recommended by Scripbox under the category of focused fund for a long term investment of a minimum of 5 years. IIFL Focused Equity Fund has 92% exposure in Indian equity, in which 68% is in large cap and 24% is in mid and small. The fund holds rank 1 in the category on the basis of average 1 year rolling return – 26.29% and average 3 years rolling return – 24.23%. Returns were calculated based on 1 year and 3 years rolling returns rolled monthly for the last 4 years. 

    Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund’s absolute and relative performance across all timescales, without bias. The fund is in top based on the quarterly outperformance count in the category. Out of 16 quarters the fund has outperformed the category average 13 times.

    The fund has the highest information ratio in the category. The information ratio is used to evaluate the skill of a portfolio manager at generating returns more than a given benchmark. AUM value of the fund is 2640.43 Cr. and is in top 10 in the category. The top sectors of the fund are financial services, industrials and technology with 36.04%, 13.23% and 12.88%. 51% asset is in top 10 stocks

    The fund invests in 30 multicap stocks to maintain diversity and earn higher returns.

    1. With an existence of over 8 years, the fund has a relatively moderate history for analysis of the fund. 
    2. With an AUM or relative size of Rs 2,640.431 cr, the relative size of the fund is large within the focused mutual fund category.
    3. Over a period of time, the funds performed well by providing benchmark beating returns. 

    Fund Performance

    Annualised Returns

    PeriodReturns
    5 Years17.70%
    3 Years23.30%
    1 Years23.90%
    The above mentioned data is as of 3rd April 2022

    Performance Ratio

    Standard Deviation20.62%
    Portfolio Beta0.88
    Treynor’s Ratio0.22
    Sharpe Ratio0.93
    The above mentioned data is as of 3rd April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Type (Equity vs Debt)Weightage
    Equity92.60%
    Debt & Cash7.40%
    The above mentioned data is as of 3rd April 2022

    Asset Allocation As per Sector

    SectorPercentage of Holding
    Financial Services33.40%
    Industrials12.30%
    Technology11.90%
    Consumer Cyclical8.90%
    Basic Materials8.70%
    Communication Services5.70%
    Healthcare5.30%
    Consumer Defensive3%
    Energy2.50%
    Utilities1%
    The above mentioned data is as of 3rd April 2022

    Frequently Asked Questions

    Who Should Invest in IIFL Focused Equity Fund (Growth)?

    IIFL Focused Equity Fund (Growth) is an equity oriented focused fund. Hence, it invests in a pool of a maximum of 30 stocks belonging to different sectors and market capitalization. Owing to this investment strategy the scheme is at very high risk. This means that the principal amount invested by the investor will be at very high risk. Since it is a focused fund the fund manager has the liberty to invest in a variety of funds to maximise gains. Considering all these factors, IIFL Focused Equity Fund (Growth) is a better investment for an investor whose investment objective is to deliver inflation beating long term growth and wealth appreciation. Moreover, the investment duration must be more than 5 years to avoid volatility in the short term and achieve wealth accumulation through the power of compounding. 

    Is IIFL Focused Equity Fund (Growth) a focused investment fund?

    IIFL Focused Equity Fund (Growth) is a focused fund that invests in stocks of 30 companies from different sectors with growth potential and performance.

    What is the expense ratio on IIFL Focused Equity Fund (Growth)?

    The expense ratio on IIFL Focused Equity Fund (Growth) is 1.97%

    Is IIFL Focused Equity Fund (Growth) a direct mutual fund?

    IIFL Focused Equity Fund (Growth) provides the investor with an option to invest in a direct scheme as well as regular options. 

    What is the AUM of IIFL Focused Equity Fund (Growth)?

    As of 3rd April 2022, the AUM of IIFL Focused Equity Fund (Growth) is Rs 2,640.43 crores.

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