Abakkus Mutual Fund, led by renowned investor Sunil Singhania, has launched a new investment scheme called the Abakkus Large & Mid Cap Fund.
is an open-ended equity mutual fund that will mainly invest in India’s large and fast-growing companies.
The New Fund Offer (NFO) is currently open for subscription and investors can apply until July 29.
Focus on Growth with Balanced Risk
The new fund will invest at least 35% of its assets in large-cap companies and at least 35% in mid-cap companies.
Large-cap stocks are generally considered more stable, while mid-cap stocks have the potential to deliver higher returns over the long term.
By combining both, the fund aims to offer a balance between growth opportunities and risk.
Experts believe this type of fund may suit investors who want to build long-term wealth without taking excessive risk.
Start Investing with Just ₹500
One of the biggest advantages of this fund is its low entry requirement.
Investors can start with a lump sum investment of just ₹500. Those who prefer investing every month can also begin a Systematic Investment Plan (SIP) with only ₹500.
This makes the fund accessible even for first-time investors.
Managed by Experienced Fund Managers
This is Abakkus Mutual Fund’s fourth scheme and third equity-focused fund.
Founder Sunil Singhania said the investment strategy focuses on buying quality companies at reasonable valuations instead of chasing short-term market trends.
The fund will be managed by experienced fund managers Pratheesh Krishnan and Abhishek Krishnaswamy Srinivas. Its performance will be compared against the Nifty Large Midcap 250 TRI benchmark.
Apart from equities, the fund can also invest up to 30% of its portfolio in debt securities, gold, or silver-linked instruments whenever required to help manage risk and improve portfolio flexibility.
