The focused funds are benchmarked against NIFTY 500 - TRI and S&P BSE 500 - TRI. NIFTY 500 - TRI and S&P BSE 500 - TRI offered 22.67% and 22.27% respectively in 2023.
Old Bridge Focused Equity Fund would follow the multi-cap strategy, wherein the scheme would invest across market capitalization mid-cap, small-cap, large-cap.
You will have to rely on a home loan to buy the house. If we consider a loan of ₹1 crore for 20 years then the equated monthly instalment (EMI) for the same could be approximately ₹87,000 at an interest rate of 8.5% p.a.
Increasing and reallocating more monthly investments in equity mutual funds will help rebalance portfolios systematically and increase the allocation in equity.