PMS · Equity · Multi Cap
Abakkus - All Cap Approach
Fund size₹7,769 Cr
Alpha (3Y)2.24%
3Y return12.11%
Fund age5 yrs 10 mo
From the research desk
Large caps for stability, everything else for alpha.
Abakkus All Cap Approach is Abakkus Investment Managers' benchmark agnostic PMS strategy spanning the full market cap spectrum. Large cap allocation is built on a top down sector view focused on stability, while alpha is sought through broader market exposure to companies with sustainable businesses and high return on equity. Every idea is tested against the firm's proprietary MEETS framework, Management, Earnings, Events and Trends, Timing, and Structural opportunity size, with positions typically held for 3 to 5 years.
Five checks before a stock qualifies
Every idea is tested against the MEETS framework, Management quality and capital allocation, Earnings quality, Events and triggers, Timing and price, and Structural size of opportunity, not just growth or valuation alone.
A price that already reflects the risk, not just the growth
the philosophy holds that a good company isn't necessarily a good investment if the price isn't right, and the strategy explicitly asks what the current price is already discounting before buying.
Large caps for stability, everything else for alpha
The large cap sleeve is built top down around sector stability, while alpha is sought through broader market exposure to companies with sustainable businesses and high return on equity, splitting the portfolio's two jobs deliberately.
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
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 All Cap
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Abakkus All Cap−0.05%10.10%3.27%12.11%13.02%22.34%
Nifty 500−1.02%4.72%−0.11%12.09%10.91%17.52%
Excess over benchmark0.97%5.38%3.38%0.02%2.11%4.82%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Aug 2026.
Risk : What you take on to earn the return
Volatility
14.48%
Benchmark approx 14.76%
A standard deviation reflecting historical swings.
Sensitivity
0.91
Beta vs benchmark 1.00 · 9% less reactive
How strongly the scheme moves with the index.
Risk-reward
0.62
Sharpe
Excess return gained per unit of volatility.
Capture ratio
97 / 83
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −20.45% from its 29 Sep 2024 peak to a 03 Mar 2025 trough, and recovered on 29 Oct 2025 after 240 days.
Max drawdowns
−20.45%
Recovery period
240 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme29 Sep 202403 Mar 2025−20.45%155 days29 Oct 2025240 days
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak29 Sep 2024
Trough03 Mar 2025
Depth−20.45%
Fell over155 days
Recovered29 Oct 2025
Recovery took240 days
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−18.59%
Fell over182 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 3Y window · As on 31 Aug 2026
Portfolio Details : Where the money actually sits
Stocks
25
P/E ratio
28.28
P/B ratio
3.87
Dividend yield
0.33%
Avg market cap
₹2.92 L Cr
Median market cap
₹1.39 L Cr
Asset class
Equity
Market cap
Large cap53.00%
Mid cap26.17%
Small cap12.70%
Cash & others8.13%
As on 31 Aug 2026
Fees
A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle. Both cost the same at a 14.00% gross return.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.75% / yr
Performance Fee15% of profit
Hurdle RateAbove 9%
Exit load 1.50% within 1 year, nil after 2 years. Lock-in: Nil.
Let's start a
conversation
  • Compare this PMS against 3,000+ others with our research desk
  • Build a long-term portfolio around your goals, not a one-off buy
  • Experts with decades of experience.
Private. Personal. No obligation.
We will only use these details to contact you about this enquiry. No spam.
Start a conversation
Share a few details and an expert will reach out.
We will only use these details to contact you about this enquiry. No spam.