Upcoming NFO: Abakkus Mutual Fund Filed Draft with SEBI for Multi Cap Fund

Abakkus Mutual Fund has filed draft documents for the Abakkus Multi Cap Fund, an open-ended equity scheme that will invest across large-cap, mid-cap and small-cap stocks. The scheme’s stated aim is long-term capital growth through a diversified equity portfolio.  

Units will be offered at ₹10 during the new fund offer (NFO). The scheme will reopen for subscriptions and redemptions within five business days after allotment, with net asset values disclosed on every business day.  

Allocation Pattern 

The draft sets a minimum allocation of 75% to equity and equity-related instruments. Within this portion, at least 25% each will be invested in large-cap, mid-cap and small-cap companies.  

Up to 25% of the portfolio may be held in debt and money-market instruments. The scheme may also invest up to 10% in InvIT units and up to 5% in units of other mutual fund schemes.  

Benchmark and Investment Approach 

The scheme will be benchmarked against the NIFTY 500 Multicap 50:25:25 Total Return Index, which represents large-cap, mid-cap and small-cap segments in a fixed proportion.  

The investment process will combine top-down and bottom-up stock selection. The portfolio may include companies with long-term earnings potential, along with select initial public offerings and emerging sectors.  

Derivatives may be used for hedging and portfolio balancing, with non-hedging exposure capped at 50% of the equity portion.  

Investment Minimums and Load 

The scheme will offer direct and regular plans, both with a growth option. The minimum lump-sum investment and SIP amount will be ₹500.  

There is no entry load. An exit load of 1% will apply on redemptions above 10% of units within three months, while redemptions after three months will not attract any exit load.  

Read More: NFO Alert: Angel One Silver ETF Opens on 9th February, 2026! 

Conclusion 

The draft outlines a multi-cap structure with fixed allocation bands, a defined benchmark and standard mutual fund features. As a new scheme, it does not have a performance track record. 

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.