ABAKKUS EMERGING OPPORTUNITIES FUND
Abakkus Emerging Opportunities Fund is a close ended category III AIF managed by market veteran Mr. Sunil Singhania who previously oversaw $11bn of equity assets at Reliance Mutual fund which had a unique distinction of growing over 100 times in 21 years – a CAGR of 23.7% vs 11.5% for BSE 100. Furthermore. Mr. Singhania while managing the Reliance Smallcap fund (2012-2017), delivered a staggering CAGR return of 32.5% vs 20.1% for BSE Smallcap index.
This fund strategy aims to take advantage of the recent market bipolarity and undervaluation of mid and smallcap stocks using a focused bottom-up and fundamentally research driven approach by investing in mid and small-cap companies to generate wealth creation over 3-4 years holding period. The fund focuses on capturing deep value opportunities, uptrends in small sectors, steady cash generating companies and special situations using their Unique MEETS framework to strategically invest in emerging themes. Moreover, the fund refrains from chasing momentum, unnecessary churning and investing in companies with fractured balance sheets while maintaining adequate risk measures to achieve superior returns.