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Old Bridge Mutual Fund announced the launch of the Old Bridge Focused Equity Fund. The scheme will open for public subscription on January 17, 2024, and will close on January 19, 2024.
As per Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes.
A cursory glance at the returns reveals that numerous other funds have outperformed children’s funds in terms of returns. Many mutual funds consistently generate returns exceeding 12 per cent or surpassing inflation over the long term.
Quant Focused Fund (19.03%) delivered the highest 10-year performance followed by Nippon India Focused Equity Fund which beat the benchmark index. The other schemes are the SBI Focused Equity Fund and Franklin India Focused Equity Fund.