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 Prashasta Seth
. It has an AUM of ₹258.44 Crores and the latest NAV decalared is ₹18.119 as on 22 Oct 2019 at 9:30 pm.
IIFL Focused Equity Fund Direct-Growth scheme return performance in last 1 year is 28.18%, in last 3 years is 36.81% and 78.87% 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.