About IIFL Focused Equity Fund Direct-Growth
IIFL Focused Equity Fund Direct-Growth is a Equity
mutual fund scheme from IIFL Mutual Fund
. This scheme was launched on 30 Oct 2014 and is currently managed by its fund manager Mayur Patel
. It has an AUM of ₹476.45 Crores and the latest NAV decalared is ₹19.082 as on 13 Dec 2019 at 12:00 am.
IIFL Focused Equity Fund Direct-Growth scheme return performance in last 1 year is 28.52%, in last 3 years is 57.52% and 88.38% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The Scheme endeavour to built concentrated portfolio of fast growing high quality companies. It will focus on investing in businesses with strong earnings growth, cash generating capital-light business model, high ROCE (Return on Capital Employed ) and ROE (Return on Equity) , and attractive valuation relative to its peers.