Abakkus Asset Manager Gets SEBI Nod to Launch Mutual Fund Business
Abakkus Asset Manager Pvt. Ltd. on Friday said it has received final approval from the Securities and Exchange Board of India to launch its mutual fund business under the brand Abakkus Mutual Fund.
Extending Investment Philosophy to a Wider Investor Base
With this milestone, the firm, best known for its alpha-focused strategies in equities through Portfolio Management Services and Alternative Investment Funds, will extend its investment philosophy to a wider investor base, the company stated in a press release.
Abakkus Founder Sunil Singhania expressed his gratitude and enthusiasm for the future, stating, ‘Thanks to all for the support we have received over the past seven years. Looking forward to an exciting next many years of participating in the India growth story.’
About Abakkus Asset Manager
Founded in 2018, Abakkus manages about Rs 37,900 crore as of July 31, 2025, across PMS, AIFs, and private equity. The firm is known for its proprietary MEETS framework, which emphasizes business sustainability, disciplined processes, and alpha generation.
Launch of Abakkus Mutual Fund
The newly set up Abakkus Investment Managers Pvt. Ltd. (Abakkus AMC) will initially launch a suite of actively managed equity mutual fund schemes, before expanding into debt, hybrid, and multi-asset solutions, stated the release.
Biharilal Deora, director at Abakkus, said the AMC will focus on a digital-first investor experience, aiming to democratize wealth creation opportunities. ‘We are significantly enhancing our digital infrastructure to make our products accessible to investors across India,’ he added.
Indian Mutual Fund Industry Growth
The entry comes at a time when India’s mutual fund industry is witnessing rapid growth, with Assets Under Management touching Rs 75 lakh crore in July 2025, a six-fold increase over the past decade.
‘Mutual funds are a preferred pooled vehicle for retail investors, offering diversification and professional management,’ said Sanjay Doshi, head of equities and research at Abakkus AMC. ‘By packaging our core ‘growth in value’ philosophy into mutual fund schemes, we aim to deliver a disciplined process designed to generate long-term wealth.’
Future Plans
The fund house expects to roll out its initial products in the coming months, marking a significant step in its journey to provide investment opportunities to a wider range of investors.
Abakkus’s entry into the mutual fund space is expected to increase competition and provide investors with more options, ultimately contributing to the growth of the Indian mutual fund industry.
As the Indian economy continues to grow, the demand for mutual funds is likely to increase, driven by the rising awareness among investors about the benefits of investing in the stock market.
Conclusion
Abakkus Asset Manager’s launch of its mutual fund business marks a significant milestone for the firm, and its commitment to providing a digital-first investor experience is likely to resonate with the growing number of tech-savvy investors in India.
As the Indian mutual fund industry continues to evolve, it will be interesting to see how Abakkus Mutual Fund navigates the competitive landscape and contributes to the growth of the industry.