AIF · Equity · CAT III - LONG ONLY
Abakkus Growth Fund Open Ended
Fund size₹1,286 Cr
IRRSince inception2.05%
Minimum investment₹1 Crore
Fund age3 mo
From the research desk
A large and mid cap core, with room for a tactical bet.
Abakkus Growth Fund Open Ended is Abakkus Investment Managers' benchmark agnostic, all cap Category III AIF with a core anchored in large and mid cap companies. A separate, deliberately limited tactical allocation is set aside for smaller companies and special situations, including select IPO investments made as an anchor investor, QIB, or pre IPO participant, to generate incremental alpha without diluting the core.
A defined tactical sleeve, not core diluted by exceptions
Sets aside a specific tactical allocation for smaller companies and special situations to generate incremental alpha, kept separate from the large and mid cap core rather than letting exceptions creep into the main book.
Built for situations, not just smaller size
This separate allocation isn't limited to companies that are simply smaller, it can also flex into special situations tied to specific corporate events rather than a general market cap definition.
A large and mid cap anchor, not a free floating mandate
Core exposure stays anchored to large and mid cap companies by design, with smaller cap and special situation bets kept to a deliberately limited allocation rather than able to grow into the majority of the book.
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 Growth Fund Open Ended
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Abakkus Growth Fund Open Ended1.05%————2.05%
Nifty 5005.52%————4.80%
Excess over benchmark−4.47%————−2.75%
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.
Portfolio Details : Where the money actually sits
Stocks
24
P/E ratio
28.37
P/B ratio
4.29
Dividend yield
0.41%
Avg market cap
₹1.82 L Cr
Median market cap
₹83,375 Cr
Asset class
Equity
Market cap
Large cap42.67%
Mid cap18.02%
Small cap15.48%
Cash & others23.83%
As on 31 Jul 2026
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