- Category
- III
- Strategy
- Long-only
- Fund house
- Abakkus Asset Manager
Growth Fund - 1
−1.29%
3-month return, gross of fees
Benchmark NIFTY 500 & Debt Composite Index · data as of —
Growth Fund - 1, a Category III long-only AIF from Abakkus Asset Manager, returned −1.29% (gross of fees) over three months to —. It began on 12 Jul 2018.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 500 & Debt Composite Index
- Launched
- 12 Jul 2018
- Min. investment
- ₹1 crore (SEBI)
- Returns basis
- Gross of fees
Returns
| Period | This fund |
|---|---|
| 1 month | −2.86% |
| 3 months | −1.29% |
| Since inception | +0.90% |
Gross of fees, as Abakkus Asset Manager reports them, to —. AIFs report returns on different bases, so compare like with like. Benchmark returns weren’t reported.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Large and mid cap
- Asset type
- Equity
- Benchmark
- NIFTY 500 & Debt Composite Index
- Fund manager
- Sunil Singhania
About the fund manager
Mr. Sunil Singhania
Sunil Singhania, CFA, founded Abakkus Asset Management LLP in 2018. Previously Global Head of Equities at Reliance Capital, overseeing equity assets and providing strategic input across asset management, insurance, AIF, and offshore. As CIO Equities at Reliance Mutual Fund (now Nippon India Mutual Fund), he led equity schemes; Reliance Growth Fund (now Nippon India Growth Fund) grew over 100x in under 22 years under his leadership. Led Reliance AMC's international expansion, launching India funds in Japan, South Korea, and the UK, and managing institutional mandates from the US, Singapore, and elsewhere. Member of the IFRS Capital Market Advisory Committee (2020-2023). Promoted The Association of NSE Members of India. Served on the global CFA Institute board (2013-2019) and chaired its Investment Committee (2017-2019). Founded the Indian Association of Investment Professionals (now CFA Society India) and served as president for eight years. CA rankholder, CFA charterholder, B.Com from Mumbai University.
As the fund house describes it.
FAQs
What has Growth Fund - 1 returned?
−1.29% (3-month return) to —, gross of fees, as Abakkus Asset Manager reports it. 1 month: −2.86%; 3 months: −1.29%; Since inception: 0.90%.
What kind of AIF is Growth Fund - 1?
A Category III AIF following a long-only strategy, with a large and mid cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
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).
Who manages Growth Fund - 1?
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: Growth Fund - 1’s are gross of fees. 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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