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Abakkus Diversified Alpha AIF

AUM ( cr) | Inc Date (14-Dec-2022)

Scheme Rating

IME Scheme Rating

5 of 5 stars

Even as the AMC & Strategy are relatively new, the strong investment pedigree of Sunil Singhania combined with a clearly defined investment strategy & a strong initial track record, make Abakkus Diversified Alpha Fund a good option for someone seeking a high-quality investment team for long-term wealth creation.

IME Strategy Rating

5 of 5 stars

Abakkus Diversified Alpha Fund provides a unique approach to portfolio construction in which they give exposure to all the market caps through pre-defined weightage per respective category (10 stocks each per market-cap bucket, with a total exposure of 40% to large-caps, 30% to mid-caps, 20% to small-caps, 10% to microcaps). This approach gives a good balance between volatility and alpha generation, with a disciplined portfolio construction approach that allows higher weights to lower-risk investments & ensure lower weights to higher-risk investments.

AMC Rating

5 of 5 stars

AMC: Abakkus PMS (click link for detailed AMC review)

In a relatively short-time, Abakkus has scaled into one of the largest PMS-AIF firms in India on the back of the strong pedigree of its founder – Sunil Singhania – an industry veteran who was the former CIO of Nippon MF. The higher 5-star fund rating for a relatively newer fund, is driven by the very high pedigree of it’s founder (Sunil Singhania), a strong investment team and a very clearly defined investment philosophy (driven by the MEETS framework) & research processes.

PMS Scheme Ratings are driven by IME’s Proprietary Scheme Rating Methodology, which takes into account our ratings of the Scheme’s investment strategy, its maturity, the investment team, and our separate rating on the AMC that runs this particular scheme. Our views on each of these individual criteria are available via the IME RMS – which you can view by reaching out to one of our relationship managers (using either the live chat or book appointment feature on this site).

Investment Strategy

Abakkus Diversified Alpha AIF follows a structured 40:30:20:10 allocation (balancing exposure across large, mid, small, and micro-cap stocks), combining fundamental research with tactical flexibility. By leveraging its MEETS framework and disciplined stock selection, the strategy aims to capture alpha across market cycles while maintaining risk-adjusted returns

Core Investment Approach

Multi-Cap Portfolio with a Disciplined Allocation Model:

  • 40% Large Caps: Provides stability and liquidity.
  • 30% Mid Caps: Captures strong growth potential.
  • 20% Small Caps: Identifies emerging market leaders.
  • 10% Micro Caps: Opportunistic bets with high alpha potential.

Fundamentally-Driven Stock Selection:

  • Focuses on earnings growth, competitive advantage, and financial strength.
  • Avoids companies with excessive debt, poor governance, or unsustainable business models.
  • Identifies businesses with the potential to double earnings within four years.

MEETS Framework for Stock Evaluation:

  • Management: Quality, track record, capital allocation.
  • Earnings: Quality vs. reported numbers, cyclical vs. structural growth.
  • Events/Trends: Disruptive themes, upcoming opportunities.
  • Timing: Valuation discipline, entry-exit strategy.
  • Structural Growth: Industry positioning and scalability.

Flexible, Yet Disciplined Investment Process:

  • Patient, buy-and-hold philosophy, allowing businesses to realize value.
  • Contrarian mindset, willing to enter under-researched sectors.
  • Strict risk-reward assessment, ensuring that expected returns justify potential risks.

Trailing Performance

1yr 3yr 5yr Since Inception
Abakkus Diversified Alpha AIF 13.9 21.4
S&P BSE 500 4.8 12.4
Alpha over Broad Mkt BM 9.1 9
S&P BSE 500 4.8
Alpha over Category BM 9.1

Performance as of: 31-Mar-25 | Inception Date: 14-Dec-22

Fund Managers

Sunil Singhania | 5-star rated FM

Founder | 30 yrs Experience | 7 yrs at current firm

Past Experience: CIO (Reliance Capital), Director – Research and Institutional Sales (Advani Share Brokers)

Sunil Singhania comes with ~3 decades of rich experience. He was a CIO at Reliance Capital for over 20 years before starting Abakkus. Prior to Abakkus, in his role as Global Head ‚ Equities at Reliance Capital Ltd., he oversaw equity assets and provided strategic inputs across Reliance Capital Group of companies including asset management, insurance, AIF, and offshore assets. And as CIO ‚ Equities, Singhania led Reliance Mutual Fund equity schemes.Furthermore, he led Reliance Nippon Life Asset Management Ltd.’s international efforts and was instrumental in launching India funds in Japan, South Korea, and the UK, besides managing mandates from institutional investors based in the US, Singapore, and other countries. He is a CA rank holder and a CFA charter holder and graduated in commerce from Mumbai University.

Aman Chowhan | 4-star rated FM

Fund Manager | 25 yrs Experience | 7 yrs at current firm

Past Experience: Portfolio Manager (Reliance Capital), Equity Analyst (Reliance MF, TAIB Securities, Tata TD Waterhouse Securities)

Aman Chowhan comes with 2 decades of experience in the equity markets. Prior to joining Abakkus, he was Portfolio Manager for all local and offshore schemes for the PMS division of Reliance Asset Management. Having worked at the Singapore office of Reliance, Aman brings along a regional and global perspective in investing and has a strong track record across ‚ benchmark, absolute long, and long-short strategies. Before joining Reliance in 2005 he was associated as a research analyst with TAIB securities, Tata TD Waterhouse, and other brokerage firms. Aman holds an MBA degree from Mumbai University.

Fee Structure

Fee Structure Fee
Fixed Fee Structure 2.5
Variable Fee Structures
Exit Fees

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