Abakkus Flexi Cap Fund Deploys ₹2,426 Crore into Equities in Jan; Top 5 Holdings Include HDFC Bank, ICICI Bank, RIL

The Abakkus Flexi Cap Fund, launched in the last week of December 2025, allocated a large portion of its assets to equity positions during January 2026, reducing cash exposure and expanding its portfolio to 42 stocks. 

Fund Deployment and Asset Size 

At the end of January, the scheme managed assets worth ₹2,808.58 crore. Equity investments accounted for ₹2,425.76 crore, roughly 80% of net assets.  

Cash holdings fell to 13.62% after a previous level of 80.76% in December. The fund now holds 42 stocks, reflecting a decisive shift towards market exposure. 

Top Five Holdings of Abakkus Flexi Cap Fund 

HDFC Bank remains the largest position with 14.7 lakh shares, representing 4.86 % of assets under management. ICICI Bank follows with 8.7 lakh shares, equal to 4.2 % of AUM.  

Reliance Industries holds a fresh allocation that makes up 3.86 % of AUM. State Bank of India increased to 9 lakh shares, accounting for 3.45% of AUM. Larsen & Toubro holds 2.25 lakh shares, forming 3.15 % of AUM. 

Other Significant Positions 

Oracle Financial Services Software contributes 2.74% of AUM and NTPC 2.54%. Financial and allied names include IIFL Finance at 2.07%, 360 One WAM at 2.05% and ICICI Prudential Life Insurance at 2%. 

Indus Towers and Vedanta represent 2.3% and 2.31% respectively. In the consumption and auto segments Tata Motors and United Spirits hold 2.29% and 2.18% of AUM. 

Read More: Parag Parikh Flexi Cap Fund Raises Stakes in ITC, TCS and Others; Cuts Exposure to Coal India and MCX! 

Conclusion 

January saw the Abakkus Flexi Cap Fund allocate ₹2,426 crore to equities, lower cash holdings to 13.62 %, and concentrate its portfolio around major banks, Reliance Industries and a diversified set of sectoral stocks. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.