Abakkus Mutual Fund Secures ₹2,468 Crore in Maiden Fund NFO

Abakkus Mutual Fund has collected ₹2,468 crore through the new fund offer (NFO) of its first scheme, the Abakkus Flexi Cap Fund.  

The NFO opened on December 8 and closed on December 22, 2025. The scheme reopened for subscriptions on December 30, 2025, and is currently available under both regular and direct plans. 

Investor Participation Across Regions 

The fund house reported subscriptions from nearly 5,518 pin codes across about 2,000 cities. During the NFO period, 36,688 retail investors and 1,060 institutional investors invested in the scheme.  

Abakkus Mutual Fund has empanelled around 4,700 distributors to support distribution across different regions. 

Category and Benchmark 

The Abakkus Flexi Cap Fund is an open-ended equity scheme that can invest across large-, mid- and small-cap stocks. It is benchmarked against the BSE 500 Total Return Index.  

The fund structure allows changes in exposure across market capitalisations in line with market conditions, as permitted under the flexi-cap category. 

Asset Allocation Details 

As per the scheme information document, the fund will invest a minimum of 65% of its assets in equities and equity-related instruments. The balance can be invested in debt and money market instruments.  

The scheme may also invest up to 10% of its assets in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). 

Fund Management 

The scheme is managed by Sanjay Doshi, Head of Investments and Research at Abakkus Mutual Fund. The fund house stated that portfolio construction follows an internal investment evaluation process known as the MEETS framework. Investment decisions are supported by a defined risk management process. 

Read More: Flexi Cap Mutual Funds Alert: 34 of 42 Schemes Allocate Over 50% of Their Assets to Large Cap! 

Conclusion 

With ₹2,468 crore raised in its maiden NFO and subscriptions from a wide base of retail and institutional investors, Abakkus Mutual Fund has started operations with a sizeable initial asset base. The fund has now moved from the NFO phase to regular subscriptions. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. 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 the related documents carefully before investing.