PMS AIF WORLD - Abakkus Emerging Opportunities fund


Abakkus Emerging Opportunities fund is a Long only CAT 3 AIF offering from Abakkus Asset Managers which was floated by Sunil Singhania in the Year 2019. Sunil Singhania is a well-known name and comes with more than 2 decades of experience in Fund Management. He had successfully established the asset management business of Erstwhile Reliance AMC. The name Abakkus is inspired by the English word, Abacus, which refers to a “simple instrument used for computing”. Ideology of Abakkus Asset Managers is to Keep things simple, believe in the basics, focus on the fundamentals and numbers. Abakkus Asset Managers has launched 2 Schemes in the Year 2019, i.e. Abakkus Growth Fund 1, which is a Multi Cap Portfolio Management Services was closed for subscription by end of June 2019.

Abakkus Emerging Opportunities Fund 1 was incepted on 6thJuly, 2019, and his the second offering from Abakkuswhich is a Small Cap Space. Both are CAT 3 Long Only Funds and follow Closed-Ended Structure. Abakkus Emerging Opportunities Fund is Category 3 Long Only AIF. The fund got incepted on 6thJuly, 2019, and is a closed-ended AIF. Abakkus Emerging Opportunities AIF follows 15 : 15: 15 Rule which basically means greater than 15% ROE, Greater than 15% Earnings, and PE lesser than 15. It targets to invest in a diversified portfolio of 30 to 40  listed companies up to 5000 cr of market capitalization with no exposure to unlisted securities. The broader theme of this fund is that New themes start small and eventually grow into big opportunities. India is an emerging country and new sectors and themes emerge regularly, these sectors and companies in them begin small eventually gain scale and become large. This represents a huge opportunity if the right companies are chosen. Rerating is seen as a driver for growth whereby it is believed that companies that might have seen rating contraction due to performance-based inconsistencies are likely to see significant re-rating once the market starts seeing stability in performance.

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