New Delhi, Jan. 5 -- If you are keen to get an exposure to equity via mutual funds and want to play a slightly higher risk, then you could consider investing in what are known as 'focused mutual funds'.

While most of us opt for the conventional equity funds such as large caps, mid caps and small caps, some investors contemplate going beyond the obvious. Let us first understand what exactly focused mutual funds are.

These refer to those funds which invest in a limited number of stocks (maximum being 30) with at least 65% funds allocated to equity and equity-related instruments. It's not a very popular category, and currently, there are 28 schemes in this category with total assets under management (AUM) amounting to Rs.1.74 lakh crore (a...