AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP
Abakkus Diversified Alpha Fund - 2
Fund size₹2,428 Cr
IRRSince inception17.55%
1Y return14.93%
Fund age2 yrs 8 mo
Fund Managers
Sunil Singhania
Sunil Singhania
Chairman And Managing Director, Abakkus
Sunil Singhania, CFA, is the Founder of Abakkus Asset Management, LLP, an India-focused Asset Management Company established in 2018. Prior to this, in his role as Global Head – Equities at Reliance Capital Ltd., he oversaw equity assets and provided strategic inputs across Reliance Capital Group of companies including asset management, insurance, AIF and offshore assets. And as CIO – Equities, Singhania led Reliance Mutual Fund (now Nippon India Mutual Fund) equity schemes. Reliance Growth Fund (now Nippon India Growth Fund) grew over 100 times in less than 22 years under Singhania’s leadership. Furthermore, he led Reliance Asset Management (now Nippon Life India Asset Management)Ltd.’s international efforts and was instrumental in launching India funds in Japan, South Korea, and the UK, besides managing mandates from institutional investors based in the US, Singapore, and other countries. He is currently appointed on the IFRS Capital Market Advisory Committee. (2020-2023). He was the Promoter of The Association of NSE Members of India; a body of stock brokers. He served on the Global board of CFA Institute, USA (2013-2019) and as Chairman of the Investment Committee (2017-2019) of the CFA Institute, USA. He also sat on CFA Institute’s Standards of Practice Council for six years, and was the Founder of the Indian Association of Investment Professionals (now CFA Society India) and served as its President for eight years. He is a CA rankholder and a CFA charterholder and graduated in commerce from the Mumbai University.
Managing AUM₹28,185 Cr
Hitesh Arora
Hitesh Arora
Fund Manager, AIF, Abakkus
Mr. Hitesh Arora is a Fund Manager at Abakkus Asset Management Private Limited, bringing nearly two decades of strong domestic and global market experience. He has worked with reputed institutions such as Unifi Capital, Deutsche Bank, and J.P. Morgan, handling diverse roles across equity research, fund management, structuring, and risk management in India and abroad. Hitesh holds an MBA from IIM Bangalore, an MS in Financial Engineering from Columbia University, a B. Tech (Hons) from IIT Kharagpur, and is a CFA Charterholder.
Managing AUM₹13,092 Cr
Aman Chowhan
Aman Chowhan
Senior Fund Manager, Abakkus
Aman Chowhan is an experienced Indian equity fund manager with over 17 years in the investment industry. He currently serves as a Fund Manager at Abakkus Asset Management Private Limited, a position he has held since 2018. Before joining Abakkus, Aman managed local and offshore portfolios at Reliance Asset Management (now Nippon Life India Asset Management), including a stint at their Singapore office, bringing a regional and global perspective to his investment approach. He has a strong track record across benchmark, absolute long, and long-short strategies. Aman holds an MBA in Finance from K J Somaiya Management Institute and a Bachelor’s degree in Commerce from Mithibai College, Mumbai.
Managing AUM₹31,197 Cr
Growth of₹Cr
Abakkus Diversified Alpha Fund 2
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Abakkus Diversified Alpha Fund 27.77%14.93%7.83%——17.55%
Nifty 500−1.07%1.52%−0.69%——11.26%
Excess over benchmark8.84%13.41%8.52%——6.29%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.
Risk : What you take on to earn the return
Volatility
21.05%
Benchmark approx 15.58%
A standard deviation reflecting historical swings.
Sensitivity
1.17
Beta vs benchmark 1.00 · 17% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.50
Sharpe
Excess return gained per unit of volatility.
How far below its previous high it fell
Over the trailing 1Y window the scheme fell −11.46%, and recovered on 30 Apr 2026.
Max drawdowns
−11.46%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme––−11.46%–30 Apr 2026–
Benchmark31 Jul 202530 Mar 2026−14.69%242 days––
Scheme
Peak–
Trough–
Depth−11.46%
Fell over–
Recovered30 Apr 2026
Recovery took–
Benchmark
Peak31 Jul 2025
Trough30 Mar 2026
Depth−14.69%
Fell over242 days
Recovered–
Recovery took–
The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 1Y window · As on 31 Jul 2026
Portfolio Details : Where the money actually sits
Stocks
36
P/E ratio
22.84
P/B ratio
3.16
Dividend yield
0.31%
Avg market cap
₹2.04 L Cr
Median market cap
₹26,671 Cr
Asset class
Equity
Market cap
Large cap45.45%
Mid cap14.80%
Small cap34.79%
Cash & others4.96%
As on 31 Jul 2026
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