The focused funds, which take concentrated bets on few stocks, continued to attract investors' attention despite the four-year low equity inflows in July. With an inflow of Rs 534 crore, it was the only one out of 10 equity mutual fund categories to report positive fund flow for 16 consecutive months, according to AMFI data.
In the backdrop of rising influence of a few index heavyweights on the performance of benchmark indices, focused funds tend to offer lower risk since they can take ..