A Focused Fund invests in 20–30 select stocks, aiming for higher returns than diversified funds..Fund managers research and select high-potential stocks, concentrating capital in fewer companies..Key traits: concentrated portfolio, active management, multi-cap flexibility, higher volatility..Benefits: high alpha potential, targeted exposure. Risks: high volatility, limited diversification..Example funds: SBI Focused Equity, ICICI Prudential Focused Equity. Best for long-term high-risk investors..Read More Stories