Abakkus Mutual Fund has announced the launch of its maiden equity scheme, the Abakkus Flexi Cap Fund. The open-ended fund will invest across large-, mid- and small-cap companies. The New Fund Offer (NFO) will open on December 8 and will close on December 22.

The Flexi Cap Fund will allocate a minimum of 65% of its portfolio to equities and equity-related instruments, with scope to invest up to 35% in debt and money market instruments and up to 10% in REITs and InvITs.

The scheme will be benchmarked to the BSE 500 Total Return Index.

The fund house said the scheme will follow an internal investment framework called ‘MEETS,’ which evaluates companies on management track record, earnings quality, business trends, valuation discipline and structural factors such as market opportunity and co

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