EquityFlexi Cap FundRegularGrowthVery High

Abakkus Flexi Cap Fund

Q: What is the NAV of Abakkus Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Abakkus Flexi Cap Fund is ₹10.66 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Abakkus Flexi Cap Fund delivered?

Abakkus Flexi Cap Fund has returned +6.38% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund charges an expense ratio of 2.11% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund's largest holdings are ICICI Bank Limited (5.5%), HDFC Bank Limited (4.4%), State Bank of India (3.9%), Reliance Industries Limited (3.1%) and Divi's Laboratories Limited (3.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.4% and its worst peak-to-trough fall in our sample was -10.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is benchmarked against the BSE 500 Index (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is managed by Sanjay Doshi and Abhishek Krishnaswami Srinivas at Abakkus.

Q: How is Abakkus Flexi Cap Fund taxed?

Abakkus Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Abakkus Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹10.66

+0.21% 1D

as of 05 Oct 2026

This is the Regular plan of Abakkus Flexi Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+6.38%absolute

52-week rangePrev NAV ₹10.63

Latest ₹10.66

Low ₹9.0869th percentile of its 52-week rangeHigh ₹11.38

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Flexi Cap Fund peers to rank yet

RiskModerate

Volatility 15.4% vs 14.1% category avg

CostAverage

2.1% expense vs 2.3% category avg

Consistency—

Not enough history for a rolling 3Y view

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.11%

Category 2.30%▼0.19%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

22.09

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.29

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment – Nil. If units redeemed or switched out are over and above the 10% (limit) within 3 months from the date of allotment – 1% of the applicable NAV,If redeemed/switched out after 3 months from the date of allotment – Nil No load will be charged on units issued upon re-investment of amount of distribution under same IDCW option

Up to 10.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

BSE 500 Index (TRI)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

30 Dec 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.61%

Absolute return over the last 3 months (not annualized)

-2.30%

Absolute return over the last 6 months (not annualized)

+15.29%

Absolute return since 1 Jan of this year (not annualized)

+6.26%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.38%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.37%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-10.85%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-5.61%	-4.36%	-1.25%
3M abs	-2.30%	-2.70%	+0.40%
6M abs	+15.29%	+9.78%	+5.51%
1Y CAGR	—	-0.79%	—
3Y CAGR	—	+10.78%	—
5Y CAGR	—	+9.00%	—

Category average across peers in Flexi Cap Fund (up to 45 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹90.00K

Current value

₹92.51K

Absolute

+2.79%

XIRR

+8.49%

Value vs. invested

ValueInvested

9 monthly installments of ₹10,000 into Abakkus Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+6.26%	-7.18%	+13.44%
2025part	+0.11%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

189

Expense ratio

2.11%

AUM

₹4,325Cr

Exit load

If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment – Nil. If units redeemed or switched out are over and above the 10% (limit) within 3 months from the date of allotment – 1% of the applicable NAV, If redeemed/switched out after 3 months from the date of allotment – Nil No load will be charged on units issued upon re-investment of amount of distribution under same IDCW option

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

22.1

P/B ratio

4.2

Avg market cap

₹2,89,856Cr

P/E & P/B are portfolio-weighted harmonic means across 41 of 46 equity holdings (86% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


Abakkus Flexi Cap FundThis fund Abakkus · Regular · Growth	—	—	—	—	—	2.11%	₹4,325Cr
Bank of India Flexi Cap Fund Bank of India · Regular · Growth	★★★★☆	+7.57%	+17.00%	+14.29%	—	2.28%	₹2,414Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Regular · Growth	★★★☆☆	+1.45%	+16.60%	+11.30%	—	2.00%	₹12,836Cr
ITI Flexi Cap Fund ITI · Regular · Growth	★★★★☆	+9.29%	+16.26%	—	—	2.31%	₹1,304Cr
360 ONE Flexicap Fund 360 One · Regular · Growth	★★★★☆	+6.57%	+15.08%	—	—	2.37%	₹2,018Cr
Invesco India Flexi Cap Fund Invesco · Regular · Growth	★★★★★	-2.05%	+14.76%	—	—	2.10%	₹4,904Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap46.6%
Mid cap22.9%
Small cap30.5%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity93.86%
Cash & Equivalents5.94%
Debt0.20%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
JM Large Cap Fund JM Financial · Large Cap Fund	35.4%	★★☆☆☆	1.19%	+9.54%
Bajaj Finserv Multi Asset Allocation Fund Bajaj Finserv · Multi Asset Allocation	35.1% of 73% equity	★★★☆☆	0.74%	—
Bajaj Finserv Large Cap Fund Bajaj Finserv · Large Cap Fund	34.1%	★★★★★	1.19%	—
Edelweiss Focused Fund Edelweiss · Focused Fund	33.7%	★★★☆☆	0.84%	+11.43%
Bajaj Finserv Balanced Advantage Fund Bajaj Finserv · Dynamic Asset Allocation or Balanced Advantage	33.5%	★★★☆☆	1.00%	—
Abakkus Small Cap Fund Abakkus · Small Cap Fund	33.5%!	—	1.20%	—
Axis Retirement Fund - Aggressive Axis · Retirement Fund	33.2% of 75% equity	★★★☆☆	1.26%	+9.96%
Bank of India Large Cap Fund Bank of India · Large Cap Fund	33.1%	★★★☆☆	1.29%	+11.91%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 2.06% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.89%
Cyient DLM LimitedLong-term · Stage I0.17%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-10.8%11 Feb 2026 → 30 Mar 2026
Fell over 2 months, back to the old high on 21 Apr 2026 — 22 days under water after the low.
-6.5%31 Aug 2026 → 01 Oct 2026
Still below that high — 31 days down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹4,325Cr

April - June 2026

+48%

since January - March 2026

+₹1,371Cr

est. net flow, last quarter

At or near its largest, ₹4,325Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Abakkus Mutual Fund is the mutual fund arm of Abakkus Asset Manager, the boutique founded by Sunil Singhania, formerly head of equities at Reliance Mutual Fund. The firm built its record in portfolio management and alternative investment funds before entering the mutual fund business.

Launched

28 Aug 2025

Total AUM

₹5,580Cr+78.3% QoQ

Avg AUM · April - June 2026

Website

abakkusmf.com

Fund Managers

SDSanjay DoshiManaging since 30 Dec 2025

Role

Head of Investments & Research

Education

• CFA, CFA Institute, USA • MBA Finance, NMIMS, Mumbai, • CA, ICAI, • B. Com., R. A. Poddar College of Commerce & Economics, Mumbai

Experience

An experienced investment professional with around two decades research. Previously, held the role of Senior Fund Manager at Abakkus Asset Manager Private Limited (Apr–May 2025), focusing on macro analysis, mentoring, and research effectiveness. From Sept 2024 to Feb 2025, worked as Senior Fund Manager at TCG Asset Management, managing AIF schemes and driving team and product development. Spent over 13 years at Nippon Life India Asset Management (Feb 2011–Sept 2024), managing multiple flagship funds including the Power & Infra Fund and Retirement Fund, and contributing to research across sectors like engineering, autos, and utilities.

Funds managed (2)

All schemes Sanjay Doshi runs →

ASAbhishek Krishnaswami SrinivasManaging since 23 Mar 2026

Role

Fund Manager - Fixed Income and Dealer

Education

Post Graduate Diploma in Management: Welingkar institute of Management Development & Research, Mumbai Bachelor of Commerce University of Mumbai

Experience

Mr. Abhishek has over 10 years of experience in managing Investments. Prior to joining Abakkus AMC, he has worked with Allianz Commercial, Aditya Birla Sun Life Insurance Co Ltd, Generali Central Life Insurance Company Limited managing investments and funds in the Fixed Income segment.

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sanjay Doshi

Top holdings

ICICI Bank Limited HDFC Bank Limited State Bank of India Reliance Industries Limited Divi's Laboratories Limited NTPC Limited Oracle Financial Services Software Limited Larsen & Toubro Limited Inox India Limited The Federal Bank Limited Indus Towers Limited Vedanta Aluminium Metal Limited

Abakkus in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of Abakkus Flexi Cap Fund?

As of 05 Oct 2026, the NAV of Abakkus Flexi Cap Fund is ₹10.66 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Abakkus Flexi Cap Fund delivered?

Abakkus Flexi Cap Fund has returned +6.38% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund charges an expense ratio of 2.11% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund's largest holdings are ICICI Bank Limited (5.5%), HDFC Bank Limited (4.4%), State Bank of India (3.9%), Reliance Industries Limited (3.1%) and Divi's Laboratories Limited (3.0%). Holdings are disclosed monthly and change over time.

How risky is Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.4% and its worst peak-to-trough fall in our sample was -10.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is benchmarked against the BSE 500 Index (TRI). Its alpha and beta on this page are measured against that index.

Who manages Abakkus Flexi Cap Fund?

Abakkus Flexi Cap Fund is managed by Sanjay Doshi and Abhishek Krishnaswami Srinivas at Abakkus.

How is Abakkus Flexi Cap Fund taxed?

Abakkus Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.