A centered fund is a mutual fund that holds a relatively small number of stocks or bonds in some dimensions that are identical.
Through default, in a limited number of sectors, a concentrated mutual fund focuses on a limited number of stocks,
rather than holding a large or varied mix of positions. In comparison to many funds holding positions well over 100 companies,
concentrated funds tend to hold positions in about 20-30 companies or less. Focused funds offer marked exposure to the market rather than a large portfolio of variety.
Focussed Fund :
Such mutual funds invest in stocks, but limit to a total of 30 the number of stocks in the portfolio.