Mutual Fund Returns: Focused funds are a category of mutual funds that invest in the shares of a particular company. According to SEBI rules, focused funds invest in shares of a maximum of 30 companies.
Mutual Fund Returns: Common people of the country are now openly investing in mutual funds. Some recent figures show that now people are investing in mutual funds instead of keeping money in banks. AMFI figures show that mutual funds are proving to be an effective investment tool to make a huge amount in the long term.
More than 70 percent return in 1 year
Today we will tell you about a mutual fund scheme that made Rs 10 lakh into Rs 17 lakh in 1 year. Yes, the mutual fund scheme we are talking about has given a huge return of more than 70 percent in the last 1 year.
10 lakh rupees turned into 17.18 lakh rupees
The direct plan of Invesco India Focused Fund has given a staggering return of 71.87 percent in the last 1 year. In this sense, if an investor had invested a lump sum of Rs 10 lakh in this mutual fund scheme just 1 year ago, then today his 10 lakh rupees would have increased to 17.18 lakh rupees.
The fund size of Invesco India Focused Fund is Rs 30 lakh
The current fund size of Invesco India Focused Fund is more than Rs 3000 crore. That is, more than Rs 3000 crore of investors are invested in this fund. This is an equity fund, in which all the money invested is invested in the shares of different companies. Therefore, there is a lot of risk in Invesco India Focused Fund.
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What are focused funds
Focused funds are a category of mutual funds that invest money in the shares of a certain company. According to SEBI rules, focused funds invest in shares of a maximum of 30 companies. However, these 30 companies can include companies from all segments such as large cap, mid cap and small cap.
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