- Category
- III
- Strategy
- Long-only
- Fund house
- Abakkus Asset Manager
Diversified Alpha Fund
+10.89%
1-year return, after expenses, before tax
Benchmark NIFTY 500 & Debt Composite Index · data as of 30 Sep 2026
Diversified Alpha Fund, a Category III long-only AIF from Abakkus Asset Manager, returned 10.89% (after expenses, before tax) in the year to 30 Sep 2026. It began on 14 Dec 2022 and manages ₹2,772 crore.
Key numbers
- AUM
- ₹2,772 Cr
- Benchmark
- NIFTY 500 & Debt Composite Index
- Launched
- 14 Dec 2022
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | NIFTY 500 & Debt Composite Index |
|---|---|---|
| 1 month | −4.65% | −5.91% |
| 3 months | +0.10% | −4.52% |
| 6 months | +23.43% | +4.98% |
| 1 year | +10.89% | −4.64% |
| 2 years | +1.82% | −5.46% |
| 3 years | +16.94% | +7.37% |
| Since inception | +18.15% | +7.49% |
After expenses, before tax, as Abakkus Asset Manager reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Multi / flexi cap
- Asset type
- —
- Benchmark
- NIFTY 500 & Debt Composite Index
- Fund manager
- Sunil Singhania
Market-cap mix
- Large cap36.30%
- Mid cap25.40%
- Small cap23.78%
- Other10.59%
- Cash3.93%
The five largest holdings are 22.63% of the portfolio.
Investment approach
Abakkus Diversified Alpha Fund is a benchmark agnostic diversified portfolio of ~40 companies. The fund endeavours to generate alpha and wealth creation by buying with typically 3-5 years with a focus on value-conscious style of investing and a disciplined approach to investing across market caps and sectors. The fund follows a unique 40:30:20:10 approach to portfolio creation, thereby capturing opportunities across market capitalization. In large caps, the fund has a contra and differentiated approach to investing. In broader markets, focus is on Bottom-up stock picks via inhouse research.
Abakkus Diversified Alpha Fund is a benchmark agnostic diversified portfolio of ~40 companies. The fund endeavours to generate alpha and wealth creation by buying with typically 3-5 years with a focus on value-conscious style of investing and a disciplined approach to investing across market caps and sectors. The fund follows a unique 40:30:20:10 approach to portfolio creation, thereby capturing opportunities across market capitalization. In large caps, the fund has a contra and differentiated approach to investing. In broader markets, focus is on Bottom-up stock picks via inhouse research.
About the fund manager
Mr. Sunil Singhania — Fund Manager, PMS
Sunil Singhania, CFA, is the Founder of Abakkus Asset Management, LLP, an India-focused Asset Management Company established in 2018. Prior to this, in his role as Global Head – Equities at Reliance Capital Ltd., he oversaw equity assets and provided strategic inputs across Reliance Capital Group of companies including asset management, insurance, AIF and offshore assets. And as CIO – Equities, Singhania led Reliance Mutual Fund (now Nippon India Mutual Fund) equity schemes. Reliance Growth Fund (now Nippon India Growth Fund) grew over 100 times in less than 22 years under Singhania’s leadership. Furthermore, he led Reliance Asset Management (now Nippon Life India Asset Management)Ltd.’s international efforts and was instrumental in launching India funds in Japan, South Korea, and the UK, besides managing mandates from institutional investors based in the US, Singapore, and other countries. He is currently appointed on the IFRS Capital Market Advisory Committee. (2020-2023). He was the Promoter of The Association of NSE Members of India; a body of stock brokers. He served on the Global board of CFA Institute, USA (2013-2019) and as Chairman of the Investment Committee (2017-2019) of the CFA Institute, USA. He also sat on CFA Institute’s Standards of Practice Council for six years, and was the Founder of the Indian Association of Investment Professionals (now CFA Society India) and served as its President for eight years. He is a CA rankholder and a CFA charterholder and graduated in commerce from the Mumbai University.
As the fund house describes it.
FAQs
What has Diversified Alpha Fund returned?
10.89% (1-year return) to 30 Sep 2026, after expenses, before tax, as Abakkus Asset Manager reports it. 1 month: −4.65%; 3 months: 0.10%; 6 months: 23.43%; 1 year: 10.89%; 2 years: 1.82%; 3 years: 16.94%; Since inception: 18.15%.
What kind of AIF is Diversified Alpha Fund?
A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does Diversified Alpha Fund manage?
₹2,772 crore as of 30 Sep 2026.
What is the minimum investment in an AIF?
SEBI sets the minimum at ₹1 crore per investor (₹25 lakh for the fund’s own employees and directors). Diversified Alpha Fund’s stated minimum is ₹1 crore.
Who manages Diversified Alpha Fund?
Abakkus Asset Manager runs it; the fund manager is Sunil Singhania.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Diversified Alpha Fund’s are after expenses, before tax. Bases differ from fund to fund, so compare like with like.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. AIF investments carry higher minimums and risks; read the private placement memorandum.
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