The new fund offer of the fund was open for subscription from February 26 to March 12. The inception date of this smallcap fund is March 17, 2026.
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According to the data disclosed by the fund house, the smallcap fund holds nearly 42 stocks in its March portfolio and Karur Vysya Bank was the top bet.
As per the portfolio data, based on the percentage of net assets, the fund had the highest allocation in Karur Vysya Bank of around 2% and had 3 lakh shares worth market value of Rs 8.68 crore.
This was followed by Kirloskar Oil Engines and ZF Commercial Vehicle Control Systems India where the allocation was 1.76% and 1.75% respectively in March. The allocation in Urban Company was 1.7% and the fund had 6.50 lakh shares in its portfolio of Urban Company.
The smallcap fund had 1.43% allocation in Equitas Small Finance Bank in March, followed by IIFL Finance where the allocation was 1.42%. The allocation in Sansera Engineering and Ion Exchange (India) was 1.4% each.This was then followed by Dr. Lal Pathlabs and Inox India where the allocation was 1.3% each. Abakkus Small Cap Fund had an allocation of 1% in HDFC Bank and had nearly 70,000 shares in its portfolio.
Cyient DLM and Sanofi Consumer Healthcare India were the last ones in the portfolio with lowest allocation. The fund had an allocation of 0.4% and 0.05% in Cyient DLM and Sanofi Consumer Healthcare India respectively.
On the basis of number of shares, the fund had the maximum number of shares of Equitas Small Finance Bank as it had 12.50 lakh shares in its portfolio. This was followed by Urban Company as the fund had 6.50 lakh shares in its portfolio.
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It had 2 lakh shares each of Bank of Baroda and Jindal Saw in its portfolio. The fund had only 475 shares of Sanofi Consumer Healthcare India.
The portfolio of the smallcap fund is spread around 19 sectors, according to the data by ACE MF.
The top sectoral holding is the bank where the allocation is 6.64%, followed by the healthcare sector where the allocation is 5.24%.
Abakkus Small Cap Fund aims at delivering long-term capital appreciation by investing in a diversified portfolio of small cap companies in India. The fund comes at a time when small-cap equities are offering potentially attractive entry valuations and structural growth opportunities.
The performance of the fund is benchmarked against Nifty Smallcap 250 – TRI and is managed by Abhishek Srinivas.
The fund holds 5.5% in large caps, 2.14% in mid caps, 42.61% in small caps, and 49.75% in others.
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The potential key areas of exposure of this smallcap fund includes sunrise sectors, export beneficiaries, value plays with potential for growth revival, and special situations.
The fund will allocate 65-100% in equity and equity related instruments of small cap companies, 0-35% in equity and equity related instruments of companies other than smallcap, 0-35% in debt securities (including securitised debt & debt derivatives) and money market instruments, and 0-10% in units issued by InvITs.
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