Old Bridge Mutual Fund files draft document for Focused Equity Fund

Old Bridge Mutual Fund has filed a draft document for Old Bridge Focused Equity Fund. The scheme will be an open-ended mutual fund scheme investing in maximum 30 stocks.

The scheme will be benchmarked against S&P BSE 500 TRI.

The scheme will be managed by Kenneth Joseph Andrade and Tarang Agarwal.


According to the Scheme Information Document of the scheme, the investment objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalization.

The scheme will have both regular and direct plans with growth and IDCW options.

The minimum application amount will be Rs 5,000 and multiplies of Re 1 thereafter. The minimum instalment of the Systematic Investment Plan (SIP) will be Rs 2,500 in multiples of Re 1 with six instalments.

The scheme will allocate 65-100% assets to equity and equity related instruments, 0-35% assets to debt and money market instruments, and 0-10% assets to units issued by REITS and InvITs.

The scheme will be suitable for investors who are seeking capital appreciation over long term investing in a concentrated portfolio of equity and equity-related instruments of up to 30 companies. The principal invested in the scheme will be at very high risk as per the riskometer of the scheme.