
Sunil Singhania's Abakkus Mutual Fund successfully raised Rs 2,468 crore during the New Fund Offer (NFO) period for its maiden Abakkus Flexi Cap Fund. The fund, which opened on December 8 and closed on December 22, saw strong participation from over 37,000 retail and institutional investors across India. The fund aims for long-term wealth creation through flexible equity exposure across market capitalizations, guided by the MEETS framework.
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