Best focused equity mutual funds to invest in 2021 Synopsis Focused mutual fund schemes are those equity mutual funds that follow a concentrated investment strategy with a limited number of stocks in their portfolio. Focused mutual fund schemes are those equity mutual funds that follow a concentrated investment strategy with a limited number of stocks in their portfolio. This concentrated approach of investment helps these schemes to outperform their indices as well as their peers if the fund manager’s stock picking is good. However, the downside can be riskier for these schemes because of less diversification. If you are a long term investor with slightly