I am a beginner. To start with I have invested in ICICI Pru Focused. But one of my friends suggested me not to keep all eggs in one basket and he advised me to diversify my fund allocation. Can you please suggest a good large cap fund where I can further invest?
If you look at details of fund allocation by ICICI Pru Focused, then you will find that the fund invests in ITC, Infy, HDFC, ICICI, Kotak Bank, etc. That is, the fund is already diversified. Therefore, you don’t have to bother about diversification. Invest further in this fund.