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  5. Abakkus flexi-cap fund's first portfolio out: 80% in cash, 11% large-cap

Personal Finance News

Abakkus flexi-cap fund's first portfolio out: 80% in cash, 11% large-cap

rajeev kumar
By Rajeev Kumar

3 min read | Updated on January 15, 2026, 13:19 IST

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SUMMARY

Abakkus Mutual Fund published the first factsheet of its newly launched flexi-cap scheme. Interestingly, the scheme's month-end portfolio as of December 31 comprises 80.17% allocation to cash and other receivables.

abakkus flexi cap fund

The scheme's benchmark is BSE 500 Index (TRI). Image source: Shutterstock

Abakkus Flexi Cap Fund is the latest addition to the flexi-cap category. It was launched in December 2025 and the allotment date was December 29, 2025. The scheme made news for recording an AUM of over ₹2400 crore during the first month of its launch. As of December 31, 2025, the month-end asset under management (AUM) of the scheme was ₹2492 crore.
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Recently, Abakkus Mutual Fund published the first factsheet of its newly launched flexi-cap scheme. Interestingly, the scheme's month-end portfolio as of December 31 comprises 80.17% allocation to cash and other receivables. Of the remaining 20%, 11.47% is allocated to large-cap stocks, 4.45% to mid-cap and 3.33% to small-cap stocks.

Stock holdings

Company namePercentage
HDFC Bank Limited2.78%
ICICI Bank Limited2.42%
State Bank of India1.69%
United Spirits Limited1.59%
Larsen & Toubro Limited1.47%
The Federal Bank Limited1.47%
Vedanta Limited1.45%
Oracle Financial Services1.39%
Urban Company Limited0.96%
NTPC Limited0.93%
Emmvee Photovoltaic0.86%
Inox India Limited0.73%
Tata Steel Limited0.72%
Heritage Foods Limited0.40%
Deepak Fertilizers and Petrochemicals Corporation0.30%
Supriya Lifescience Limited0.08%
Suggested read: How four new flexi cap schemes of 2025 are stacked up

Top 10 sector allocation

SectorPercentage
Financial services8.36%
Metals & mining2.18%
Fast moving consumer goods1.99%
Capital goods1.60%
Construction1.47%
Information technology1.39%
Consumer services0.96%
Power0.93%
Chemicals0.30%
Healthcare0.08%
Expense ratio and fund manager: The expense ratio of the regular plan of Abakkus Flexi Cap Fund is 1.96%, while that of direct plan is only 0.48%. It is managers by Sanjay Doshi.

The scheme's benchmark is BSE 500 Index (TRI), and aims to generate capital appreciation and provide long-term growth opportunities through equity and equity-related instruments by investing in a diversified portfolio of large-cap, mid-cap, and small-cap securities and generate consistent returns by investing in debt and money market securities.

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Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Investors should do their own research or consult a registered financial advisor before making investment decisions.
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About The Author

rajeev kumar
Rajeev Kumar is a Deputy Editor at Upstox, and covers personal finance stories. In over 11 years as a journalist, he has written over 2,000 articles on topics like income tax, mutual funds, credit cards, insurance, investing, savings, and pension. He has previously worked with organisations like 1% Club, The Financial Express, Zee Business and Hindustan Times.

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