Abakkus Mutual Fund Raises Rs 2,468 Crore for Maiden Flexi Cap Fund
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Abakkus Mutual Fund Raises Rs 2,468 Crore for Maiden Flexi Cap Fund

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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