Abakkus Mutual Fund Files for Maiden Liquid Fund Offering: All You Need to Know

Sunil Singhania-led Abakkus Mutual Fund has submitted a draft offer document to SEBI for its first-ever mutual fund launch, Abakkus Liquid Fund. The scheme is designed as an open-ended liquid fund aimed at delivering high liquidity and optimal returns with a moderate risk profile.

Being an open-ended, actively managed debt scheme, the Abakkus Liquid Fund will aim to maintain a consistent performance by balancing safety, liquidity, and profitability. The fund management team will pursue an optimal risk-return balance, while remaining mindful of various risks such as interest rate risk, liquidity risk, default risk, and purchasing power risk.

Investment Details

• Lumpsum Investment: Minimum ₹1,000 and in multiples of ₹1 thereafter.
• Systematic Investment Plan (SIP): Minimum ₹500 per instalment, in multiples of ₹1, with at least six instalments required.

The scheme will allocate 0–100% of its portfolio to money market and debt instruments, including Triparty Repo on Government Securities, Treasury Bills, Repo/Reverse Repo, and Corporate Bond Repo, all with maturities up to 91 days.

Investment Objective and Strategy

The primary objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in a diversified mix of debt and money market instruments. The fund’s performance will be benchmarked against the CRISIL Liquid Debt A-I TRI index and managed by Sanjay Doshi.

Investor Suitability and Risk Profile

This scheme is suitable for investors seeking short-term income through exposure to high-quality debt and money market instruments with maturities up to 91 days. According to the scheme’s riskometer, the principal investment will be categorised as “low to moderate risk.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.