What does ‘All Cap’ signify in this PMS?

The portfolio invests across large, mid, and small-cap stocks, providing broad market diversification.

Is performance guaranteed?

No. Returns depend on market performance, though the strategy focuses on fundamental stock selection for better outcomes.

What are the tax implications?

PMS gains are taxed as capital gains (short or long term) based on actual transactions, as the portfolio is held in your name.

Can I partially redeem or add to my investment?

Yes, partial withdrawals and additional investments are allowed if a minimum balance of ₹50 lakhs is maintained.

Is this PMS appropriate for conservative investors?

It suits long-term investors with moderate to high risk tolerance, given its exposure to growth-oriented mid and small caps

Who is this PMS ideal for?

High-net-worth and ultra-high-net-worth investors seeking a diversified, actively managed equity strategy focused on long-term growth.

How does PMS differ from mutual funds?

PMS offers direct stock ownership, higher minimum investments (₹50 lakhs), and greater transparency and control.

How frequently will I get portfolio reports?

Monthly performance updates, factsheets, and access to a reporting dashboard or relationship manager are provided.

Does this PMS have a lock-in period?

No formal lock-in. However, exiting within 12 months incurs a 1.5% exit fee; no charges apply after 12 months.

How do I invest in this PMS?

Invest by contacting Abakkus’ relationship team or authorized distributors, completing KYC and PMS agreements, and funding your account with the minimum amount.

Abakkus All Cap Portfolio: Best Multi Cap Strategies

Abakkus All Cap Portfolio

Distributed through AltPort Experts. Comprehensive fund documentation can be accessed through our research team.

Abakkus Asset Manager LLP

Abakkus Asset Manager LLP is an alpha-focused asset manager based in India. Mr. Sunil Singhania founded it in 2018 and called it after the simplest ancient computing device, the abacus. The goal and aim of Abakkus is to become one of India’s most reputable and successful asset managers. This ideology has shaped the Abakkus portfolio’s beliefs: Keep things as straightforward as possible. Be a firm believer in the basics. Focus on the fundamentals and numbers.

Fund Snapshot

Year of Inception	29th Oct, 2020
Number of Stocks	Around 25
Investment Horizon	Medium to Long Term
Fund Managers	Sunil Singhania and Aman Chowhan

Investment Philosophy

Alpha Generators:

Believe in investing to generate alpha over the markets rather than simply allocating to benchmark indexes.

Companies with a scalable business model and the potential to grow to become large-cap. Companies whose profits are expected to grow faster than the market average.
To trigger fundamentally undervalued stocks with decent growth expectations.

Fundamentals Driven:

Bottom-up research with an emphasis on the balance sheet.
Earnings ultimately determine returns. Numbers speak louder than speeches and hype.

Happy to be contrarian:

Prefer to be the first, early, and/or only investor.
Do not follow the momentum.
Open to considering companies from various industries, market capitalizations, and business cycles.

Investment Objective

The investment objective of the Abakkus All Cap Approach would be to generate alpha and risk-adjusted returns for clients by investing in a benchmark agnostic multi-cap portfolio.

Framework

Management Timing Structural

Quality – Capability and track record

Capital Allocation –Capital Expenditure is fine if ROE is maintained or enhanced

Capital Distribution –fair to minority shareholders

Error in decision –Business errors vs intentional mishaps

Earnings

Quality of earnings vs reported numbers
Actual earnings vs expected
Cyclical vs Structural earnings
Companies that can double profits in 4
years or less or where EV/EBITDA can have in four years

Events/Trends

Stock movement because of events.
Can be Buy or Sell opportunity Events on the horizon
Disruptive trends/New themes

Timing – Good Company is not necessarily a good investment if the price is not right

What is the price discounting time frame of investment Mean Reversion

Structural

Size of the opportunity
Competitive
positioning / MOAT
Consistent growth in profits

Fees Structure:

FEE STRUCTURE Fee Type* Fixed Management Fees Performance Fees Fixed Option 2.50% p.a. Nil Fixed or Variable Option 1.75% p.a. 15% sharing over 9% hurdle rate (Annual with high watermark)

Fund Overview

The Abakkus All Cap Approach (PMS) is a benchmark-agnostic, diversified portfolio designed to capture alpha across market capitalizations while maintaining stability and sustainable growth. It follows a fundamental research-driven investment strategy, balancing large-cap stability with exposure to high-growth opportunities in the broader market. By blending large-cap stability with broad-market alpha opportunities, the Abakkus All Cap Approach aims to create a well-balanced portfolio capable of delivering consistent long-term returns.

Key Investment Principles:

All-Cap Portfolio: Invests across large, mid, and small-cap stocks.
Top-Down Sector Allocation: Large-cap allocations are based on a sector-first approach, emphasizing stability.
High-Quality Businesses: Focuses on companies with sustainable business models and high ROEs.
Bottom-Up Stock Selection: Utilizes the “MEETS” Framework to identify differentiated opportunities.
Long-Term Alpha Generation: Aims for wealth creation over a 3-5 year holding period..

The fund holds leading companies across multiple sectors, including, Bharti Airtel, Sun Pharma, Jindal Stainless, HCL Technologies, NTPC, and State Bank of India.

	AUM(Cr.)	1M	3M	6M	1Y	2Y	3Y	4Y	5Y	Ince.
Performance	₹7766.83	1.52	12.57	0.01	5.29	4.77	15.32	19.39	14.51	22.95
Benchmark	NA	1.73	12.10	-3.53	-1.96	1.52	12.53	15.29	12.21	17.65

AUM(Cr.)

Ince.

Performance

₹7766.83

1.52

12.57

0.01

5.29

4.77

15.32

19.39

14.51

22.95

Benchmark

1.73

12.10

-3.53

-1.96

1.52

12.53

15.29

12.21

17.65

Abakkus All Cap Portfolio

Abakkus Asset Manager LLP

Fund Snapshot

Investment Philosophy