June

June 2024
2022

Monthly
Communication
February 2025

www.abakkusinvest.com

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STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 Market Outlook June 2024
February 2025

Market Update rate reached an all-time low of 86.6. Brent crude oil prices also
rose, closing at around $78 per barrel in January.
In January 2025, the Indian equities were volatile where Gross GST collections were ₹1.95 lakh crore in January, reflecting
the Nifty index declined by 0.6% for the month, registering a 12.3% rise compared to January 2024, and 10.5% increase
its fourth consecutive monthly loss. However, the broader month-on-month.
markets had a real challenging month with the midcap and
Brent Crude
small cap indices down 6.1% and 9.9% respectively. All the
sectors ended the month in red, with Real - estate, Consumer 130

Durables and Healthcare falling the most by 13.2%, 10.2% and 120

7.7%, respectively. Key domestic developments included the 110

RBI announcing several measures to enhance liquidity in 100

the banking system and the Q3FY25 earnings broadly being 90
tepid. 80
78

On the investment front, Foreign Portfolio Investors (FPIs) 70

sold $8.6 billion of Indian equities in secondary market by 60

Nov-24
May-22
Jun-22

Aug-22
Sep-22

Nov-22
Jul-22

Jan-23

Nov-23
Feb-23

May-23
Jun-23
Jul-23
Aug-23
Sep-23

Jan-24

Jan-25
Feb-24
Oct-22

Dec-22

Mar-23

Mar-24

May-24
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24

Dec-24
Apr-22

Oct-23

Dec-23
Apr-23

Apr-24
January 29. Domestic Institutional Investors (DIIs) were net
buyers, acquiring $10 billion worth of stocks by the end of
the month. Meanwhile, global markets saw mixed results: Source: Bloomberg

the Philippines recorded a significant loss of 10.2%, while

Thailand (-6.1%) and Malaysia (-5.2%) also experienced Union Budget 2025
declines. On the positive side, markets in Germany (+9.4%), The Union Budget 2025 presents a comprehensive and
France (+8.1%), and UK (+6.2%) saw gains. strategic approach towards realizing India’s vision of a “Viksit
Bharat” by 2047, placing emphasis on four critical engines
International economic developments included the of growth: Agriculture, MSMEs, Human Capital Investment,
US Federal Reserve maintaining the policy rate steady. and Export Promotion. For agriculture, the budget takes
Meanwhile, Chinese startup DeepSeek released a cost- a targeted approach, expanding the Kisan Credit Card
effective AI model, raising concerns about increased scheme to enhance productivity in 100 low-yield districts
competition and its implications for the tech sector. and launching initiatives to make India self-reliant in pulses.
These measures are designed to address the long-term
Global and regional indices 1 Month performance (%) challenges in agriculture while improving rural incomes.
For MSMEs, the budget outlines significant credit guarantees
9.4
and support measures, particularly in labor-intensive sectors
8
8.1 such as footwear, food processing, and toy manufacturing,
6.2
5.5 5.5 5.1 4.9 4.6 which are key drivers of both exports and domestic
3.2
3 2.1 1.8
0.8
manufacturing. As MSMEs account for a large portion of
0.4
employment and economic output, these measures are
-2 -0.6 -0.8 expected to unlock substantial growth potential in the sector.
-3.0
The budget also makes substantial investments in human
-7 -5.2
-6.1
capital with a focus on expanding IIT capacities, introducing
-12 -10.2 new medical seats, and strengthening healthcare
infrastructure—including critical facilities like daycare
UK

Hong Kong
Germany

France

US S&P 500

Singapore

Indonesia
Korea

Australia

Nifty 50
US Dow Jones

Malaysia

Philippines
Mexico

Japan
Taiwan

Thailand
Shanghai
Brazil

cancer centres. This investment in people, coupled with an

emphasis on digital connectivity for educational institutions
and skill development, is likely to pay off in the form of a
Source: Bloomberg, Kotak Institutional Equities (Data as on 31st January 2025 in local
currency) more capable workforce, poised to support India’s growth
trajectory.
Macro Update On the export front, the budget emphasizes improving credit
In January, the National Statistics Office (NSO) estimated India’s access, addressing logistics bottlenecks, and reducing
FY25 real GDP growth at 6.4%, against 8.2% in FY24. Inflationary non-tariff barriers for MSMEs. Initiatives like the Bharat
pressures continued easing, with the Consumer Price Index (CPI) TradeNet platform and modernized air cargo warehousing
falling to 5.2% in December, from 5.5% in November. On the other are designed to make Indian exports more competitive and
hand, the Wholesale Price Index (WPI) rose to 2.4% in December accessible in the global market.
YoY, up from 1.9% the previous month. Industrial production
continued its recovery, registering a 5.2% growth in November, in Fiscal Discipline with Strategic Infrastructure Spending
comparison to 3.5% growth in October.
India’s exports grew by 6% during the April-December 2024 From a fiscal perspective, the government is focused on fiscal
period compared to the same months in 2024, while imports consolidation, with a targeted reduction in the fiscal deficit
rose by 6.9%, leading to a trade deficit of $79.5 billion for the to 4.4% of GDP by 2025-26. While the fiscal deficit reduction is
first three quarters of FY2025. The country’s 10-year government important, the government has maintained its commitment
bond yield ended January at 6.8%, while the USD/INR exchange to infrastructure development, with the revised estimate for

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 June 2024
February 2025

infrastructure spending at ₹10.18 lakh crore. This continued Market Outlook

investment in infrastructure will act as a key enabler of long- Multiple factors hit the markets during the month, causing a
term economic growth, providing the necessary framework lot of nervousness. Mid and small caps fell sharply, as many
for enhanced productivity and competitiveness across stocks were trading at very stretched valuations and small
sectors. earnings disappointments caused sever price damage.
Additionally, the budget’s emphasis on tax relief, particularly The start of the Trump era also led to huge volatility, with
the income tax reforms aimed at middle-income taxpayers, announcements of huge tariffs on Mexico and Canada
is expected to stimulate discretionary consumption, further causing swings in currencies and stocks. This was followed
supporting economic activity. by deferment of the tariffs for a month the very next day.
In India, the budget was good but temporarily led to huge
Conclusion: A Balanced Approach to Long-Term Growth sector movements, with consumer facing stocks doing well
and capital goods bearing the brunt.
Budget 2025 represents a well-balanced approach, carefully After these huge swings and volatility, we do believe that
positioning India for sustained economic growth. The focus Indian equity markets are stabilizing. The current correction
on infrastructure, tax reform, and MSME support aligns has brought some semblance to valuations. Corporate
well with the country’s long-term objectives. Investment in earnings for the December quarter have been better than
human capital and sectoral development sets the stage for the previous quarter and it is expected that the January
the creation of a highly competitive workforce, crucial for - March 2025 quarter will again start to see double digit
India’s evolution into a “Viksit Bharat” by 2047. For investors, corporate earnings growth. Hopefully Trump-led news flow
the budget is a positive signal of macroeconomic stability will also stabilize and the upcoming Modi visit to the US to
and growth-oriented policies, providing a conducive meet Trump might also act as a small catalyst.
environment for capital deployment over the medium to Overall, we do believe that a steady but slow uptick is
long term. expected in equity markets. Swings will continue but much
narrower than seen off late. Portfolio damage has been seen
in January, but the fundamental focus makes us believe that
the bounce back will also be equally sharp.

Click here to view video on Union Budget 2025

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Abakkus Growth Fund - 1
A Close Ended Category III AIF
June 2024
February 2025

Fund Update
The fund continues to focus on our core philosophy of fundamental based investing. The fund, in a challenging month,
fell by 8.9% and the benchmark was down 2.4%. However, the broader markets reflected by the mid-cap and small-
cap indices were down 6.1% and 9.9% respectively. Over the last two years, the fund has delivered a healthy 24.8%
return and since inception the fund is up 239.8% absolute. Stock price and market movements have been more on
news flows and that has caused near-term performance movements. We believe our focus on risk-adjusted returns
will enable us to tide over these near-term challenges and generate decent returns and alpha for our investors.
Fund Performance as on January 31, 2025 (in INR)

Since
1 3 6 1 2 3 5 Since FY 25 CY25
Inception FY24 CY24
Period Month Months Months Year Years Years Years Inception YTD YTD
Absolute (%) (%)
(%) (%) (%) (%) (%) (%) (%) CAGR (%) (%) (%)
(%)

Abakkus
Growth -8.9 -9.6 -6.7 12.4 24.8 12.9 24.2 20.5 239.8 10.8 44.5 -8.9 24.8
Fund – 1

BSE 200 -2.4 -4.1 -7.9 9.2 18.7 12.4 16.2 13.2 125.9 5.6 36.7 -2.4 13.4
** Pre-Tax, Post Expenses (except entry and exit charges)>1 year CAGR Returns & <1 year Absolute Returns as on January 31, 2025 and Initial Close Date being July 12, 2018. Past
Performance may or may not sustain in future.. The Fund level performance is based on TWRR and investor returns may differ, based on their class, tier, fee structure and
point of allotment of units. Please refer the link to check AIF Benchmark returns: https://www.crisil.com/en/home/what-we-do/financial-products/alternate-investment-funds-
benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-report.

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

NBFC 15.7 POLYCAB INDIA LIMITED JINDAL STAINLESS LIMITED

HCL TECHNOLOGIES LIMITED ICICI SECURITIES LIMITED

BANKS 12.8
STATE BANK OF INDIA VEDANTA LIMITED
IT - SOFTWARE 10.6
MASTEK LIMITED ADITYA BIRLA CAPITAL LIMITED
INDUSTRIALS 9.9
MAX FINANCIAL SERVICES IIFL CAPITAL SERVICES LIMITED
COMMODITIES 8.7
LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The
sectors are classified as per internal classification. Data as on January 31, 2025. *The current fund holdings may or may not be a part
of the future fund holdings.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Emerging
Opportunities Fund – 1
A Close Ended Category III AIF June 2024
February 2025

Fund Update
The fund continues to focus on our core philosophy of fundamental based investing. The fund in a challenging month,
fell by 9.6% and the benchmark lost 3.5%. Over the last two years, the fund has delivered a healthy 31.4% return. Since
inception the fund is up 407.6% absolute, almost 3.4x than that of the benchmark. Stock price and market movements
have been more on news flows and that has caused near-term performance movements. We believe our focus on
risk-adjusted returns will enable us to tide over these near-term challenges and generate decent returns and alpha
for our investors.

Fund Performance as on January 31, 2025 (in INR)

Since
1 3 6 1 2 3 5 Since FY 25 CY25
Inception FY24 CY24
Period Month Months Months Year Years Years Years Inception YTD YTD
Absolute (%) (%)
(%) (%) (%) (%) (%) (%) (%) CAGR (%) (%) (%)
(%)

Abakkus
Emerging
-9.6 -10.3 -1.4 11.5 31.4 18.5 34.3 33.8 407.6 15.3 51.6 -9.6 26.5
Opportunities
Fund-1

BSE 500 -3.5 -5.0 -8.6 8.5 19.5 12.7 16.8 15.0 120.6 6.0 38.4 -3.5 14.6
** Pre-Tax, Post Expenses (except entry and exit charges)>1 year CAGR Returns & <1 year Absolute Returns as on January 31, 2025 and Initial Close Date being June 6, 2019.
Past performance may or may not sustain in the future. The Fund level performance is based on TWRR and investor returns may differ, based on their class, tier, fee structure
and point of allotment of units. Please refer the link to check AIF Benchmark returns: https://www.crisil.com/en/home/what-we-do/financial-products/alternate-investment-
funds-benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-report.

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

COMMODITIES 13.2 SARDA ENERGY AND MINERALS TECHNOCRAFT INDUSTRIES

LIMITED INDIA LIMITED
INDUSTRIAL MANUFACTURING 11.3
THE ANUP ENGINEERING LIMITED RADICO KHAITAN LIMITED
BANKS 10.6
JUBILANT PHARMOVA LIMITED DYNAMATIC TECHNOLOGIES
NBFC 7.8 LIMITED
CONSUMER DISCRETIONARY 6.9 ION EXCHANGE INDIA LIMITED MASTEK LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The
sectors are classified as per internal classification.
JINDAL STAINLESS LIMITED FEDERAL BANK LIMITED

Data as on January 31, 2025. *The current fund holdings may or may not be a part
of the future fund holdings.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Growth Fund - 2
A Close Ended Category III AIF
June 2024
February 2025

Fund Update
The fund continues to focus on our core philosophy of fundamental based investing. The fund, in a challenging month,
was down 9% and the benchmark was down 2.4%. Over the last two years, the fund has delivered a healthy 22.8%
return. Since inception the fund is up 75.4% absolute, over 2x than that of the benchmark. Stock price and market
movements have been more on news flows and that has caused near-term performance movements. We believe
our focus on risk-adjusted returns will enable us to tide over these near-term challenges and generate decent returns
and alpha for our investors.
Fund Performance as on January 31, 2025 (in INR)

Since
1 3 6 1 3 Since FY 25 CY25
2 Years Inception FY24 CY24
Period Month Months Months Year Years Inception YTD YTD
(%) Absolute (%) (%)
(%) (%) (%) (%) (%) CAGR (%) (%) (%)
(%)

Abakkus Growth
-9.0 -10.6 -10.8 6.2 22.8 18.4 19.1 75.4 4.5 51.4 -9.0 22.3
Fund-2

BSE 200 -2.4 -4.1 -7.9 9.2 18.7 12.4 10.3 37.0 5.6 36.7 -2.4 13.4

**Unaudited Pre-Tax, Post Expenses (except entry and exit charges)>1 year CAGR Returns & <1 year Absolute Returns as on January 31, 2025. Initial Close Date is November 11,
2021. Past performance may or may not sustain in future. The Fund level performance is based on TWRR and investor returns may differ, based on their class, tier, fee structure
and point of allotment of units. Please refer the link to check AIF Benchmark returns: https://www.crisil.com/en/home/what-we-do/financial-products/alternate-investment-
funds-benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-report

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

BANKS 17.5 ICICI BANK LIMITED BHARTI AIRTEL LIMITED

IT - SOFTWARE 9.2 JKUMAR INFRAPROJECTS LIMITED ORACLE FINANCIAL SERVICES

SOFTWARE LIMITED
HEALTH CARE 8.6
SUN PHARMACEUTICAL PNB HOUSING FINANCE LIMITED
COMMODITIES 8.6 INDUSTRIES LIMITED
HCL TECHNOLOGIES LIMITED LARSEN & TOUBRO LIMITED
NBFC 7.6
STATE BANK OF INDIA ALKEM LABORATORIES LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The
sectors are classified as per internal classification.
Data as on January 31, 2025. *The current fund holdings may or may not be a part
of the future fund holdings.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Diversified
Alpha Fund
A Close Ended Category III AIF
June 2024
February 2025

Fund Update
The fund continues to focus on our core philosophy of fundamental based investing. The fund, in a challenging month,
was down 8.1% and the benchmark was down 2.4%. Over the last two years, the fund has delivered a healthy 26.9%
return. Since inception is up 60.4% absolute, almost double than that of the benchmark. Stock price and market
movements have been more on news flows and that has caused near-term performance movements. We believe
our focus on risk-adjusted returns will enable us to tide over these near-term challenges and generate decent returns
and alpha for our investors.

Fund Performance as on January 31, 2025 (in INR)

Since
6 Since FY25 CY25
1 Month 3 Month 1 Year 2 Year Inception FY24 CY24
Period Month Inception YTD YTD
(%) (%) (%) (%) Absolute (%) (%)
(%) CAGR (%) (%) (%)
(%)

Abakkus
Diversified -8.1 -7.0 -8.0 13.3 26.9 24.8 60.4 17.0 37.7 -8.1 26.9
Alpha Fund

BSE 200 -2.4 -4.1 -7.9 9.2 18.7 13.7 31.6 5.6 36.7 -2.4 13.4

** Pre-Tax, Post Expenses (except entry and exit charges)>1 year CAGR Returns & <1 year Absolute Returns as on January 31, 2025 and Initial Close Date being December 14, 2022.
Past performance may or may not sustain in the future. The Fund level performance is based on TWRR and investor returns may differ, based on their class, tier, fee structure
and point of allotment of units. Please refer the link to check AIF Benchmark returns: https://www.crisil.com/en/home/what-we-do/financial-products/alternate-investment-
funds-benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-report

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

NBFC 13.3 PG ELECTROPLAST LIMITED NTPC LIMITED

MAHINDRA AND MAHINDRA PNB HOUSING FINANCE LIMITED
BANKS 12.2 LIMITED
INDUSTRIALS 9.8 SUN PHARMACEUTICAL JINDAL STAINLESS LIMITED
INDUSTRIES LIMITED
HEALTH CARE 9.3
CUMMINS INDIA LIMITED 360 ONE WAM LIMITED
COMMODITIES 7.0
STATE BANK OF INDIA LARSEN AND TOUBRO LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The
sectors are classified as per internal classification. Data as on January 31, 2025. The current fund holdings may or may not be a part
*

of the future fund holdings.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Diversified
Alpha Fund - 2
A Close Ended Category III AIF
June 2024
February 2025

Fund Update
The Fund continues to focus on our core philosophy of fundamental based investing. The fund, in a challenging month,
was down 6.3% and the benchmark was down 2.4%. Stock price and market movements have been more on news
flows and that has caused near-term performance movements. We believe our focus on risk-adjusted returns will
enable us to tide over these near-term challenges and generate decent returns and alpha for our investors.

Fund Performance as on January 31, 2025 (in INR)

Since
Since
1 Month 3 Month 6 Months 1 Year Inception FY25 YTD CY25 YTD
Period Inception CY24 (%)
(%) (%) (%) (%) Absolute (%) (%)
CAGR (%)
(%)

Abakkus Diversified
-6.3 -7.4 -6.5 14.1 19.8 25.1 12.6 -6.3 23.3
Alpha Fund - 2

BSE 200 -2.4 -4.1 -7.9 9.2 19.8 25.0 5.6 -2.4 13.4

** Pre-Tax, Post Expenses (except entry and exit charges)>1 year CAGR Returns & <1 year Absolute Returns as on January 31, 2025 and Initial Close Date being
November 07, 2023. Past performance may or may not sustain in the future. The Fund level performance is based on TWRR and investor returns may differ,
based on their class, tier, fee structure and point of allotment of units. Please refer the link to check AIF Benchmark returns: https://www.crisil.com/en/home/
what-we-do/financial-products/alternate-investment-funds-benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-report

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

BANKS 17.6 BHARTI AIRTEL LIMITED PNB HOUSING FINANCE

LIMITED
NBFC 14.8
HDFC BANK LIMITED AXIS BANK LIMITED
COMMODITIES 9.1 LARSEN AND TOUBRO LIMITED NTPC LIMITED
HEALTH CARE 8.1 STATE BANK OF INDIA JUBILANT PHARMOVA LIMITED

TELECOMMUNICATION 7.1 VEDANTA LIMITED 360 ONE WAM LIMITED

Securities/sectors quoted are for illustration only and not recommendatory. The Data as on January 31, 2025. *The current fund holdings may or may not be a part
sectors are classified as per internal classification. of the future fund holdings.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus All Cap Approach
PMS Strategy June 2024
February 2025

Portfolio Update
The Portfolio continues to focus on our core philosophy of fundamental based investing. The strategy, in a challenging
month, declined 6% in comparison to the 3.4% decline in the benchmark. Since inception the portfolio is up 173%
absolute. Stock price and market movements have been more on news flows and that has caused near-term
performance movements. We believe our focus on risk-adjusted returns will enable us to tide over these near-term
challenges and generate decent returns and alpha for our investors.

Portfolio Performance as on January 31, 2025 (in INR)

Since
1 3 6 1 2 3 Since FY25
Inception FY24 CY25 CY24
Period Month Months Months Year Years Years Inception YTD
Absolute (%) YTD(%) (%)
(%) (%) (%) (%) (%) (%) CAGR (%) (%)
(%)

Abakkus All
-6.0 -8.0 -9.0 4.8 20.5 13.0 26.6 173.0 3.0 44.8 -6.0 13.5
Cap Approach

BSE 500 TRI -3.4 -4.8 -8.2 9.7 21.0 14.2 22.1 134.6 7.0 40.2 -3.4 15.8
**Unaudited Performance data for Portfolio Manager and Investment Approach provided hereunder is not verified by any regulatory authority and Past performance may or
may not sustain in the future. The performance is based on TWRR as on January 31, 2025. Inception Date is October 29, 2020. As per SEBI guidelines, returns are net of all expenses
and investor returns may differ, based on their period of investment, fee structure and point of capital flows.

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

BANKS 15.0 SUN PHARMACEUTICAL INDUS- STATE BANK OF INDIA
TRIES LIMITED
INDUSTRIALS 12.1
HCL TECHNOLOGIES LIMITED HDFC BANK LIMITED
NBFC 11.0
MAX FINANCIAL SERVICES AXIS BANK LIMITED
TELECOMMUNICATION 9.7 LIMITED
COMMODITIES 9.6 LARSEN AND TOUBRO LIMITED JINDAL STAINLESS LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The BHARTI AIRTEL PP LIMITED NTPC LIMITED
sectors are classified as per internal classification.
Data as on January 31, 2025. The current portfolio holdings may or may not be
*

a part of the future portfolio holdings and may or may not be part of all client
portfolios.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Emerging
Opportunities Approach
PMS Strategy June 2024
February 2025

Portfolio Update
The Portfolio continues to focus on our core philosophy of fundamental based investing. The strategy, in a challenging
month, fell by 9.3% in comparison to the 3.4% decline in the benchmark. Since inception the portfolio is up 266.6%
absolute. Stock price and market movements have been more on news flows and that has caused near-term
performance movements. We believe our focus on risk-adjusted returns will enable us to tide over these near-term
challenges and generate decent returns and alpha for our investors.

Portfolio Performance as on January 31, 2025 (in INR)

Since
1 3 6 2 3 Since FY25 CY25
1 Year Inception FY24 CY24
Period Month Months Months Years Years Inception YTD YTD
(%) Absolute (%) (%)
(%) (%) (%) (%) (%) CAGR (%) (%) (%)
(%)

Abakkus Emerging
Opportunities -9.3 -9.3 -1.7 16.9 33.3 19.9 34.0 266.6 21.2 51.2 -9.3 29.7
Approach

BSE 500 TRI -3.4 -4.8 -8.2 9.7 21.0 14.2 21.5 135.8 7.0 40.2 -3.4 15.8
** Unaudited Performance data for Portfolio Manager and Investment Approach provided hereunder is not verified by any regulatory authority and Past performance may or
may not sustain in the future. The performance is based on TWRR as on January 31, 2025. Inception Date is August 26, 2020. As per SEBI guidelines, returns are net of all expenses
and investor returns may differ, based on their period of investment, fee structure and point of capital flows.

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

NBFC 14.0 ANUP ENGINEERING LIMITED LT FOODS LIMITED

BANKS 12.3 SARDA ENERGY AND MINERALS TIME TECHNOPLAST LIMITED

LIMITED
COMMODITIES 10.6
ION EXCHANGE INDIA LIMITED MAX FINANCIAL SERVICES
INDUSTRIALS 9.3 LIMITED
INDUSTRIAL MANUFACTURING 9.3 FEDERAL BANK LIMITED JINDAL STAINLESS LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The
sectors are classified as per internal classification. PNB HOUSING FINANCE LIM- H G INFRA ENGINEERING LIMITED
ITED
Data as on January 31, 2025. *The current portfolio holdings may or may not be
a part of the future portfolio holdings and may or may not be part of all client
portfolios.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Abakkus Diversified
Alpha Approach
PMS Strategy June 2024
February 2025

Portfolio Update
The Portfolio continues to focus on our core philosophy of fundamental based investing. The strategy, in a challenging
month, fell by 6.3% in comparison to the 3.4% decline in the benchmark. Stock price and market movements have
been more on news flows and that has caused near-term performance movements. We believe our focus on risk-
adjusted returns will enable us to tide over these near-term challenges and generate decent returns and alpha for
our investors.

Portfolio Performance as on January 31, 2025 (in INR)

6 Since Since
1 Month 3 Months CY 25YTD
Period Months 1 Year (%) Inception Inception (%) FY 25YTD (%)
(%) (%) (%)
(%) (%) CAGR Absolute

Abakkus Diversified
-6.3 -9.0 -8.7 5.7 6.0 6.3 4.9 -6.3
Alpha Approach

BSE 500 TRI -3.4 -4.8 -8.2 9.7 8.9 9.6 7.0 -3.4
**Unaudited Performance data for Portfolio Manager and Investment Approach provided hereunder is not verified by any regulatory authority and Past performance may
or may not sustain in the future. The performance is based on TWRR as on January 31, 2025. Inception Date is January 16, 2024. As per SEBI guidelines, returns are net of all
expenses and investor returns may differ, based on their period of investment, fee structure and point of capital flows.

Top 5 Sector Classification as on January 31, 2025

Sector Asset % Top 10 Holdings on the basis of Asset %*

BANKS 18.9 PNB HOUSING FINANCE LIMITED STATE BANK OF INDIA
NBFC 15.5 BHARTI AIRTEL LIMITED NTPC LIMITED
COMMODITIES 10.8 HDFC BANK LIMITED CANARA BANK
TELECOMMUNICATION 7.2 VEDANTA LIMITED AXIS BANK LIMITED
INDUSTRIALS 6.1 LARSEN AND TOUBRO LIMITED JUBILANT PHARMOVA LIMITED
Securities/sectors quoted are for illustration only and not recommendatory. The Data as on January 31, 2025. *The current portfolio holdings may or may not be
sectors are classified as per internal classification. a part of the future portfolio holdings and may or may not be part of all client
portfolios.

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

About Us website/email/content are true to the best of its knowledge,

Abakkus Asset Manager Private Limited (formerly known as however, assume no liability for the relevance, accuracy or
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a completeness of the contents herein.
Portfolio Manager with SEBI under SEBI (Portfolio Managers)
Regulations, 2020 as amended from time to time and the Abakkus declares that the data and analysis provided shall
Circulars and Guidelines issued there under from time to time be for informational purposes. The information contained in
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and the analysis shall been obtained from various sources and
as an Investment Advisor under SEBI (Investment Advisors) reasonable care would be taken to ensure sources of data to
Regulations, 2013 as amended from time to time and the be accurate and reliable. Abakkus will not be responsible for any
Circulars and Guidelines issued there under from time to time error or omission in the data or for any losses suffered on account
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. of information contained in the analysis. While the Abakkus
will take due care to ensure that all information provided is
Abakkus is also the Investment Manager to Abakkus Growth accurate however the Abakkus neither guarantees/warrants the
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ sequence, accuracy, completeness, or timeliness of the report.
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture Neither the Abakkus nor its affiliates or their partners, directors,
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ employees, agents, or representatives, shall be responsible or
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private liable in any manner, directly or indirectly, for views or opinions
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.: expressed in this analysis or the contents or any systemic errors
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India or discrepancies or for any decisions or actions taken in reliance
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: on the analysis. Abakkus does not take any responsibility for any
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative clerical, computational, systemic, or other errors in comparison
Investment Fund) Regulations, 2012 as amended from time analysis.
to time and the Circulars and Guidelines issued there under
from time to time collectively referred as the SEBI Registered There can be no assurance that future results, performance or
Intermediary. The branch office of Abakkus situated at IFSC-GIFT events will be consistent with the information provided in this
City is registered with the IFSCA as Registered FME (Non-retail) content and the past performance, if any is not the guarantee
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) of the future/assured performance. Any decision or action
Regulations, 2022. taken by the recipient/visitor of this website/email/content
based on this information shall be solely and entirely at the
Disclaimer and Disclosures risk of the recipient/visitor of the website/email/content. The
This website/email/content is confidential and is intended only distribution of this information in some jurisdictions may be
for the personal use of the prospective investors/contributors restricted and/or prohibited by law, and persons into whose
(herein after referred as the Clients) to whom it is addressed possession this information comes should inform themselves
or delivered and must not be reproduced or redistributed in about such restriction and/or prohibition and observe any such
any form to any other person without prior written consent of restrictions and/or prohibition. Unauthorized disclosure, use,
Abakkus. This website/email/content does not purport to be publication, dissemination or copying (either whole or partial) of
all-inclusive, nor does it contain all of the information which a this information, is prohibited. Abakkus shall not treat recipient/
prospective investor may desire. This website/email/content is user as a client by virtue of his receiving/using the contents of
neither approved, certified nor its contents is verified by SEBI. the document in full or part. Neither the Abakkus nor its affiliates,
directors, partners, employees, agents, or representatives, shall
Abakkus retains all the rights in relation to all information be responsible or liable in any manner, directly or indirectly, for
contained in the website/email/content(s) and to update the the contents or any errors or discrepancies herein or for any
same periodically or otherwise from time to time. The website/ decisions or actions taken in reliance on the information. The
email/content is neither a general offer nor solicitation to avail person accessing this information specifically agrees to exempt/
the service of investment from the SEBI Registered Intermediary absolve the Abakkus or any of its affiliates or employees from,
under the services offered by Abakkus/Fund nor is it an offer to any and all responsibility/liability arising from such misuse/
sell or a generally solicit an offer to become an investor in the improper/ illegal use and agrees not to hold the Abakkus or any
services offered by the Abakkus/Fund. The delivery of this email/ of its affiliates or employees responsible for any such misuse/
content at any time does not imply that information herein is improper/illegal use and further agrees to hold the Abakkus
correct as of any time subsequent to its date. The contents of or any of its affiliates or employees free and harmless from all
this website/email/content are provisional and may be subject losses, costs, damages, expenses that may be suffered by the
to change. In the preparation of the material contained in this person accessing this information due to any errors and delays.
website/email/content, Abakkus has used information that is
publicly available, certain research reports including information Abakkus (including its affiliates) and any of its Partners, officers,
developed in-house. Abakkus warrants that the contents of this employees, and other personnel will not accept any liability,

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, Investors can seek clarification for their queries and are further
“plan”, “objective”, “goal”, “project”, “endeavour” and similar entitled to make a complaint in writing, verbally or telephonically. An
expressions or variations of such expressions that are forward- email may be sent to:
looking statements, words, and scenario. Actual results may For PMS, IA and AIF related queries and complaints - service@
differ materially from those suggested by the forward-looking abakkusinvest.com and [email protected]
statements due to risks, uncertainties, or assumptions. Abakkus (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
takes no responsibility of updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without February 05, 2020, details of industry benchmark and AIF level
prior written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/
alternate-investment-funds-benchmarks.html
email/content, the Private Placement Memorandum/Disclosure
Document, the Contribution Agreement/Client Agreement,
representations and presentation(s) and other related
Compliance Officer details under AIF:
documents carefully and in its entirety and seek clarification
Mr. Biharilal Deora, Tel: 022-68846600
wherever required from the SEBI Registered Intermediary/
Abakkus. Prospective investors should make an independent
Portfolio Management Services:
assessment, and consult their own counsel, business advisor
You may refer the Disclosure Document available at https://
and tax advisor as to legal, business and tax related matters
abakkusinvest.com/investor/disclosures for detailed
concerning this document and the other related documents
disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/
before becoming investing with/though the Abakkus/in the
CIR/2022/172 dated December 16, 2022, the comparison of the
Fund.
relative performance of the investment approach with other
portfolio managers is available at https://www.apmiindia.org/
The information contained in this website/email/content has been
apmi/IACompare.htm?action=iacomaprepage
prepared for general guidance and does not constitute a professional
advice/assurance and no person should act upon any information
Principal Officer and Compliance Officer Details under PMS:
contained herein without obtaining specific professional advice/
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600
Assurance. Neither the Abakkus nor its Affiliates or advisors would
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600
be held responsible for any reliance placed on the content of this
document or for any decision based on it. Each existing/prospective
Investment Advisory Services:
client, by accepting delivery of this document agrees to the foregoing.
You may refer the Disclosure Document available at
The Investment portfolio are subject to several risk factors including
https://abakkusinvest.com/investor/disclosures
but not limited to political, legal, social, economic, and overall market
risks. The recipient alone shall be fully responsible/are liable for any
Principal Officer and Compliance Officer Details under IA:
decision taken on the basis of this document. Abakkus, its partners,
Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
employees, PMS clients, AIF scheme(s), Advisory clients may have
Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
existing exposure to the stocks that form part of the PMS portfolio/
Advisory portfolio/AIF scheme(s). Further, in view of the investment
Contact Us:
objective/strategy of the PMS /Advisory and AIF scheme(s) there
Website: www.abakkusinvest.com
may be situations where Abakkus may be selling a stock which is
Email: [email protected]
part of the PMS portfolio/Advisory portfolio/AIF scheme as the case
Tel: 022-68846600
may be.

Corporate and Registered Address:

Abakkus (including its affiliates) may offer services in nature of
Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
advisory, consultancy, portfolio management, sponsorship of
Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
funds, investment management of funds which may conflict
East, Mumbai – 400055. CIN: U70200MH2024PTC432609
STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

NSE Category III AIF Benchmarking Data as on March 2024

Index 3 Months (%) 6 Months (%) 1 year (%) 2 years (%) 3 years (%) 5 years (%)

Abakkus Growth
0.69 8.91 52.15 13.32 21.26 21.57
Fund-1

NSE Category III

3.13 11.07 30.11 13.08 15.73 14.59
AIF Benchmark
As per SEBI Circular SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 the details of industry benchmark and AIF level performance versus Benchmark Reports are
available at https://www.nseindia.com/products-services/aif-benchmark-report and https://www.crisil.com/en/home/what-we-do/financial-products/alternate-
investment-funds-benchmarks.html

Source: Asset weighted NSE Indices. Data as of March 31, 2024. Returns are calculated on a post-expenses, pre-carry and pre-tax basis. Returns for PMIs are based on TRI
values; 6 month, 3 month and 1 year returns are absolute returns. Returns for greater than one year are annualised returns.

For the period ended March 31, 2024 in total, 248 schemes that have completed at least one year since their first close on or before March 31, 2023 have been considered
for the computation of Nifty AIF Cat III Benchmarks. 24 schemes were excluded from the calculation of benchmark metrics due to the following reasons: Submission of
incomplete / inconsistent data; Manual exclusions when data was provided/revised after stipulated deadline or cases of extreme IRRs for which confirmations were not
received from respective AIFs within stipulated time. Abakkus scheme level Benchmarking Reports can be provided on request.

About Us
Abakkus Asset Manager Private Limited (formerly known as Abakkus retains all the rights in relation to all information
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a contained in the website/email/content(s) and to update the
Portfolio Manager with SEBI under SEBI (Portfolio Managers) same periodically or otherwise from time to time. The website/
Regulations, 2020 as amended from time to time and the email/content is neither a general offer nor solicitation to avail
Circulars and Guidelines issued there under from time to time the service of investment from the SEBI Registered Intermediary
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and under the services offered by Abakkus/Fund nor is it an offer to
as an Investment Advisor under SEBI (Investment Advisors) sell or a generally solicit an offer to become an investor in the
Regulations, 2013 as amended from time to time and the services offered by the Abakkus/Fund. The delivery of this email/
Circulars and Guidelines issued there under from time to time content at any time does not imply that information herein is
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. correct as of any time subsequent to its date. The contents of
this website/email/content are provisional and may be subject
Abakkus is also the Investment Manager to Abakkus Growth to change. In the preparation of the material contained in this
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ website/email/content, Abakkus has used information that is
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture publicly available, certain research reports including information
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ developed in-house. Abakkus warrants that the contents of this
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private website/email/content are true to the best of its knowledge,
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.: however, assume no liability for the relevance, accuracy or
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India completeness of the contents herein.
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.:
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative Abakkus declares that the data and analysis provided shall
Investment Fund) Regulations, 2012 as amended from time be for informational purposes. The information contained in
to time and the Circulars and Guidelines issued there under the analysis shall been obtained from various sources and
from time to time collectively referred as the SEBI Registered reasonable care would be taken to ensure sources of data to
Intermediary. The branch office of Abakkus situated at IFSC-GIFT be accurate and reliable. Abakkus will not be responsible for any
City is registered with the IFSCA as Registered FME (Non-retail) error or omission in the data or for any losses suffered on account
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) of information contained in the analysis. While the Abakkus
Regulations, 2022. will take due care to ensure that all information provided is
accurate however the Abakkus neither guarantees/warrants the
Disclaimer and Disclosures sequence, accuracy, completeness, or timeliness of the report.
This website/email/content is confidential and is intended only Neither the Abakkus nor its affiliates or their partners, directors,
for the personal use of the prospective investors/contributors employees, agents, or representatives, shall be responsible or
(herein after referred as the Clients) to whom it is addressed liable in any manner, directly or indirectly, for views or opinions
or delivered and must not be reproduced or redistributed in expressed in this analysis or the contents or any systemic errors
any form to any other person without prior written consent of or discrepancies or for any decisions or actions taken in reliance
Abakkus. This website/email/content does not purport to be on the analysis. Abakkus does not take any responsibility for any
all-inclusive, nor does it contain all of the information which a clerical, computational, systemic, or other errors in comparison
prospective investor may desire. This website/email/content is analysis.
neither approved, certified nor its contents is verified by SEBI.
There can be no assurance that future results, performance or
STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

events will be consistent with the information provided in this wherever required from the SEBI Registered Intermediary/
content and the past performance, if any is not the guarantee Abakkus. Prospective investors should make an independent
of the future/assured performance. Any decision or action assessment, and consult their own counsel, business advisor
taken by the recipient/visitor of this website/email/content and tax advisor as to legal, business and tax related matters
based on this information shall be solely and entirely at the concerning this document and the other related documents
risk of the recipient/visitor of the website/email/content. The before becoming investing with/though the Abakkus/in the
distribution of this information in some jurisdictions may be Fund.
restricted and/or prohibited by law, and persons into whose
possession this information comes should inform themselves The information contained in this website/email/content has
about such restriction and/or prohibition and observe any such been prepared for general guidance and does not constitute a
restrictions and/or prohibition. Unauthorized disclosure, use, professional advice/assurance and no person should act upon
publication, dissemination or copying (either whole or partial) of any information contained herein without obtaining specific
this information, is prohibited. Abakkus shall not treat recipient/ professional advice/Assurance. Neither the Abakkus nor its Affiliates
user as a client by virtue of his receiving/using the contents of or advisors would be held responsible for any reliance placed on
the document in full or part. Neither the Abakkus nor its affiliates, the content of this document or for any decision based on it. Each
directors, partners, employees, agents, or representatives, shall existing/prospective client, by accepting delivery of this document
be responsible or liable in any manner, directly or indirectly, for agrees to the foregoing. The Investment portfolio are subject to
the contents or any errors or discrepancies herein or for any several risk factors including but not limited to political, legal,
decisions or actions taken in reliance on the information. The social, economic, and overall market risks. The recipient alone shall
person accessing this information specifically agrees to exempt/ be fully responsible/are liable for any decision taken on the basis
absolve the Abakkus or any of its affiliates or employees from, of this document. Abakkus, its partners, employees, PMS clients,
any and all responsibility/liability arising from such misuse/ AIF scheme(s), Advisory clients may have existing exposure to the
improper/ illegal use and agrees not to hold the Abakkus or any stocks that form part of the PMS portfolio/Advisory portfolio/AIF
of its affiliates or employees responsible for any such misuse/ scheme(s). Further, in view of the investment objective/strategy of
improper/illegal use and further agrees to hold the Abakkus the PMS /Advisory and AIF scheme(s) there may be situations where
or any of its affiliates or employees free and harmless from all Abakkus may be selling a stock which is part of the PMS portfolio/
losses, costs, damages, expenses that may be suffered by the Advisory portfolio/AIF scheme as the case may be.
person accessing this information due to any errors and delays.
Abakkus (including its affiliates) may offer services in nature of
Abakkus (including its affiliates) and any of its Partners, officers, advisory, consultancy, portfolio management, sponsorship of
employees, and other personnel will not accept any liability, funds, investment management of funds which may conflict
loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, Investors can seek clarification for their queries and are further
“plan”, “objective”, “goal”, “project”, “endeavour” and similar entitled to make a complaint in writing, verbally or telephonically. An
expressions or variations of such expressions that are forward- email may be sent to:
looking statements, words, and scenario. Actual results may For PMS, IA and AIF related queries and complaints - service@
differ materially from those suggested by the forward-looking abakkusinvest.com and [email protected]
statements due to risks, uncertainties, or assumptions. Abakkus (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
takes no responsibility of updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without February 05, 2020, details of industry benchmark and AIF level
prior written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/
alternate-investment-funds-benchmarks.html
email/content, the Private Placement Memorandum/Disclosure
Document, the Contribution Agreement/Client Agreement,
Compliance Officer details under AIF:
representations and presentation(s) and other related
Mr. Biharilal Deora, Tel: 022-68846600
documents carefully and in its entirety and seek clarification

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 June 2024
February 2025

Portfolio Management Services: Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
You may refer the Disclosure Document available at https:// Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
abakkusinvest.com/investor/disclosures for detailed
disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/ Contact Us:
CIR/2022/172 dated December 16, 2022, the comparison of the Website: www.abakkusinvest.com
relative performance of the investment approach with other Email: [email protected]
portfolio managers is available at https://www.apmiindia.org/ Tel: 022-68846600
apmi/IACompare.htm?action=iacomaprepage
Corporate and Registered Address:
Principal Officer and Compliance Officer Details under PMS: Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600 Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 East, Mumbai – 400055.

Investment Advisory Services: CIN: U70200MH2024PTC432609

You may refer the Disclosure Document available at
https://abakkusinvest.com/investor/disclosures

Principal Officer and Compliance Officer Details under IA:

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

NSE Category III AIF Benchmarking Data as on March 2024

Index 3 Months (%) 6 Months (%) 1 year (%) 2 years (%) 3 years (%) 4 years (%)

Abakkus Emerging
Opportunities -3.03 9.23 59.77 19.1 31.02 -
Fund-1

NSE Category III

3.13 11.07 30.11 13.08 15.73 14.59
AIF Benchmark

As per SEBI Circular SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 the details of industry benchmark and AIF level performance versus Benchmark Reports are
available at https://www.nseindia.com/products-services/aif-benchmark-report and https://www.crisil.com/en/home/what-we-do/financial-products/alternate-
investment-funds-benchmarks.html

Source: Asset weighted NSE Indices. Data as of March 31, 2024. Returns are calculated on a post-expenses, pre-carry and pre-tax basis. Returns for PMIs are based on TRI
values; 6 month, 3 month and 1 year returns are absolute returns. Returns for greater than one year are annualised returns.

For the period ended March 31, 2024 in total, 248 schemes that have completed at least one year since their first close on or before March 31, 2023 have been considered for
the computation of Nifty AIF Cat III Benchmarks. 24 schemes were excluded from the calculation of benchmark metrics due to the following reasons: Submission of incomplete
/ inconsistent data; Manual exclusions when data was provided/revised after stipulated deadline or cases of extreme IRRs for which confirmations were not received from
respective AIFs within stipulated time. Abakkus scheme level Benchmarking Reports can be provided on request.

About Us
Abakkus Asset Manager Private Limited (formerly known as neither approved, certified nor its contents is verified by SEBI.
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a
Portfolio Manager with SEBI under SEBI (Portfolio Managers) Abakkus retains all the rights in relation to all information
Regulations, 2020 as amended from time to time and the contained in the website/email/content(s) and to update the
Circulars and Guidelines issued there under from time to time same periodically or otherwise from time to time. The website/
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and email/content is neither a general offer nor solicitation to avail
as an Investment Advisor under SEBI (Investment Advisors) the service of investment from the SEBI Registered Intermediary
Regulations, 2013 as amended from time to time and the under the services offered by Abakkus/Fund nor is it an offer to
Circulars and Guidelines issued there under from time to time sell or a generally solicit an offer to become an investor in the
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. services offered by the Abakkus/Fund. The delivery of this email/
content at any time does not imply that information herein is
Abakkus is also the Investment Manager to Abakkus Growth correct as of any time subsequent to its date. The contents of
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ this website/email/content are provisional and may be subject
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture to change. In the preparation of the material contained in this
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ website/email/content, Abakkus has used information that is
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private publicly available, certain research reports including information
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.: developed in-house. Abakkus warrants that the contents of this
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India website/email/content are true to the best of its knowledge,
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: however, assume no liability for the relevance, accuracy or
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative completeness of the contents herein.
Investment Fund) Regulations, 2012 as amended from time
to time and the Circulars and Guidelines issued there under Abakkus declares that the data and analysis provided shall
from time to time collectively referred as the SEBI Registered be for informational purposes. The information contained in
Intermediary. The branch office of Abakkus situated at IFSC-GIFT the analysis shall been obtained from various sources and
City is registered with the IFSCA as Registered FME (Non-retail) reasonable care would be taken to ensure sources of data to
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) be accurate and reliable. Abakkus will not be responsible for any
Regulations, 2022. error or omission in the data or for any losses suffered on account
of information contained in the analysis. While the Abakkus
Disclaimer and Disclosures will take due care to ensure that all information provided is
This website/email/content is confidential and is intended only accurate however the Abakkus neither guarantees/warrants the
for the personal use of the prospective investors/contributors sequence, accuracy, completeness, or timeliness of the report.
(herein after referred as the Clients) to whom it is addressed Neither the Abakkus nor its affiliates or their partners, directors,
or delivered and must not be reproduced or redistributed in employees, agents, or representatives, shall be responsible or
any form to any other person without prior written consent of liable in any manner, directly or indirectly, for views or opinions
Abakkus. This website/email/content does not purport to be expressed in this analysis or the contents or any systemic errors
all-inclusive, nor does it contain all of the information which a or discrepancies or for any decisions or actions taken in reliance
prospective investor may desire. This website/email/content is on the analysis. Abakkus does not take any responsibility for any

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

clerical, computational, systemic, or other errors in comparison email/content, the Private Placement Memorandum/Disclosure
analysis. Document, the Contribution Agreement/Client Agreement,
representations and presentation(s) and other related
There can be no assurance that future results, performance or documents carefully and in its entirety and seek clarification
events will be consistent with the information provided in this wherever required from the SEBI Registered Intermediary/
content and the past performance, if any is not the guarantee Abakkus. Prospective investors should make an independent
of the future/assured performance. Any decision or action assessment, and consult their own counsel, business advisor
taken by the recipient/visitor of this website/email/content and tax advisor as to legal, business and tax related matters
based on this information shall be solely and entirely at the concerning this document and the other related documents
risk of the recipient/visitor of the website/email/content. The before becoming investing with/though the Abakkus/in the
distribution of this information in some jurisdictions may be Fund.
restricted and/or prohibited by law, and persons into whose
possession this information comes should inform themselves The information contained in this website/email/content has been
about such restriction and/or prohibition and observe any such prepared for general guidance and does not constitute a professional
restrictions and/or prohibition. Unauthorized disclosure, use, advice/assurance and no person should act upon any information
publication, dissemination or copying (either whole or partial) of contained herein without obtaining specific professional advice/
this information, is prohibited. Abakkus shall not treat recipient/ Assurance. Neither the Abakkus nor its Affiliates or advisors would
user as a client by virtue of his receiving/using the contents of be held responsible for any reliance placed on the content of this
the document in full or part. Neither the Abakkus nor its affiliates, document or for any decision based on it. Each existing/prospective
directors, partners, employees, agents, or representatives, shall client, by accepting delivery of this document agrees to the foregoing.
be responsible or liable in any manner, directly or indirectly, for The Investment portfolio are subject to several risk factors including
the contents or any errors or discrepancies herein or for any but not limited to political, legal, social, economic, and overall market
decisions or actions taken in reliance on the information. The risks. The recipient alone shall be fully responsible/are liable for any
person accessing this information specifically agrees to exempt/ decision taken on the basis of this document. Abakkus, its partners,
absolve the Abakkus or any of its affiliates or employees from, employees, PMS clients, AIF scheme(s), Advisory clients may have
any and all responsibility/liability arising from such misuse/ existing exposure to the stocks that form part of the PMS portfolio/
improper/ illegal use and agrees not to hold the Abakkus or any Advisory portfolio/AIF scheme(s). Further, in view of the investment
of its affiliates or employees responsible for any such misuse/ objective/strategy of the PMS /Advisory and AIF scheme(s) there
improper/illegal use and further agrees to hold the Abakkus may be situations where Abakkus may be selling a stock which is
or any of its affiliates or employees free and harmless from all part of the PMS portfolio/Advisory portfolio/AIF scheme as the case
losses, costs, damages, expenses that may be suffered by the may be.
person accessing this information due to any errors and delays.
Abakkus (including its affiliates) may offer services in nature of
Abakkus (including its affiliates) and any of its Partners, officers, advisory, consultancy, portfolio management, sponsorship of
employees, and other personnel will not accept any liability, funds, investment management of funds which may conflict
loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, Investors can seek clarification for their queries and are further
“objective”, “goal”, “project”, “endeavour” and similar expressions or entitled to make a complaint in writing, verbally or telephonically. An
variations of such expressions that are forward-looking statements, email may be sent to:
words, and scenario. Actual results may differ materially from For PMS, IA and AIF related queries and complaints - service@
those suggested by the forward-looking statements due to risks, abakkusinvest.com and [email protected]
uncertainties, or assumptions. Abakkus takes no responsibility of (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without prior February 05, 2020, details of industry benchmark and AIF level
written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/ alternate-investment-funds-benchmarks.html

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 June 2024
February 2025

Compliance Officer details under AIF: You may refer the Disclosure Document available at
Mr. Biharilal Deora, Tel: 022-68846600 https://abakkusinvest.com/investor/disclosures

Portfolio Management Services: Principal Officer and Compliance Officer Details under IA:
You may refer the Disclosure Document available at https:// Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
abakkusinvest.com/investor/disclosures for detailed Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/
CIR/2022/172 dated December 16, 2022, the comparison of the Contact Us:
relative performance of the investment approach with other Website: www.abakkusinvest.com
portfolio managers is available at https://www.apmiindia.org/ Email: [email protected]
apmi/IACompare.htm?action=iacomaprepage Tel: 022-68846600

Principal Officer and Compliance Officer Details under PMS: Corporate and Registered Address:
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600 Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
East, Mumbai – 400055.
Investment Advisory Services:
CIN: U70200MH2024PTC432609

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

NSE Category III AIF Benchmarking Data as on March 2024

Index 3 Months (%) 6 Months (%) 1 year (%) 2 years (%)

Abakkus Growth
6.53 18.22 50.54 25.38
Fund - 2

NSE Category III

3.13 11.07 30.11 13.08
AIF Benchmark
As per SEBI Circular SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 the details of industry benchmark and AIF level performance versus Benchmark Reports are
available at https://www.nseindia.com/products-services/aif-benchmark-report and https://www.crisil.com/en/home/what-we-do/financial-products/alternate-
investment-funds-benchmarks.html

Source: Asset weighted NSE Indices. Data as of March 31, 2024. Returns are calculated on a post-expenses, pre-carry and pre-tax basis. Returns for PMIs are based on TRI
values; 6 month, 3 month and 1 year returns are absolute returns. Returns for greater than one year are annualised returns.

For the period ended March 31, 2024 in total, 248 schemes that have completed at least one year since their first close on or before March 31, 2023 have been considered for
the computation of Nifty AIF Cat III Benchmarks. 24 schemes were excluded from the calculation of benchmark metrics due to the following reasons: Submission of incomplete
/ inconsistent data; Manual exclusions when data was provided/revised after stipulated deadline or cases of extreme IRRs for which confirmations were not received from
respective AIFs within stipulated time. Abakkus scheme level Benchmarking Reports can be provided on request.

About Us
Abakkus Asset Manager Private Limited (formerly known as contained in the website/email/content(s) and to update the
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a same periodically or otherwise from time to time. The website/
Portfolio Manager with SEBI under SEBI (Portfolio Managers) email/content is neither a general offer nor solicitation to avail
Regulations, 2020 as amended from time to time and the the service of investment from the SEBI Registered Intermediary
Circulars and Guidelines issued there under from time to time under the services offered by Abakkus/Fund nor is it an offer to
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and sell or a generally solicit an offer to become an investor in the
as an Investment Advisor under SEBI (Investment Advisors) services offered by the Abakkus/Fund. The delivery of this email/
Regulations, 2013 as amended from time to time and the content at any time does not imply that information herein is
Circulars and Guidelines issued there under from time to time correct as of any time subsequent to its date. The contents of
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. this website/email/content are provisional and may be subject
to change. In the preparation of the material contained in this
Abakkus is also the Investment Manager to Abakkus Growth website/email/content, Abakkus has used information that is
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ publicly available, certain research reports including information
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture developed in-house. Abakkus warrants that the contents of this
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ website/email/content are true to the best of its knowledge,
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private however, assume no liability for the relevance, accuracy or
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.: completeness of the contents herein.
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: Abakkus declares that the data and analysis provided shall
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative be for informational purposes. The information contained in
Investment Fund) Regulations, 2012 as amended from time the analysis shall been obtained from various sources and
to time and the Circulars and Guidelines issued there under reasonable care would be taken to ensure sources of data to
from time to time collectively referred as the SEBI Registered be accurate and reliable. Abakkus will not be responsible for any
Intermediary. The branch office of Abakkus situated at IFSC-GIFT error or omission in the data or for any losses suffered on account
City is registered with the IFSCA as Registered FME (Non-retail) of information contained in the analysis. While the Abakkus
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) will take due care to ensure that all information provided is
Regulations, 2022. accurate however the Abakkus neither guarantees/warrants the
sequence, accuracy, completeness, or timeliness of the report.
Neither the Abakkus nor its affiliates or their partners, directors,
Disclaimer and Disclosures
employees, agents, or representatives, shall be responsible or
This website/email/content is confidential and is intended only
liable in any manner, directly or indirectly, for views or opinions
for the personal use of the prospective investors/contributors
expressed in this analysis or the contents or any systemic errors
(herein after referred as the Clients) to whom it is addressed
or discrepancies or for any decisions or actions taken in reliance
or delivered and must not be reproduced or redistributed in
on the analysis. Abakkus does not take any responsibility for any
any form to any other person without prior written consent of
clerical, computational, systemic, or other errors in comparison
Abakkus. This website/email/content does not purport to be
analysis.
all-inclusive, nor does it contain all of the information which a
prospective investor may desire. This website/email/content is
There can be no assurance that future results, performance or
neither approved, certified nor its contents is verified by SEBI.
events will be consistent with the information provided in this
content and the past performance, if any is not the guarantee
Abakkus retains all the rights in relation to all information
of the future/assured performance. Any decision or action

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

taken by the recipient/visitor of this website/email/content and tax advisor as to legal, business and tax related matters
based on this information shall be solely and entirely at the concerning this document and the other related documents
risk of the recipient/visitor of the website/email/content. The before becoming investing with/though the Abakkus/in the
distribution of this information in some jurisdictions may be Fund.
restricted and/or prohibited by law, and persons into whose
possession this information comes should inform themselves The information contained in this website/email/content has been
about such restriction and/or prohibition and observe any such prepared for general guidance and does not constitute a professional
restrictions and/or prohibition. Unauthorized disclosure, use, advice/assurance and no person should act upon any information
publication, dissemination or copying (either whole or partial) of contained herein without obtaining specific professional advice/
this information, is prohibited. Abakkus shall not treat recipient/ Assurance. Neither the Abakkus nor its Affiliates or advisors would
user as a client by virtue of his receiving/using the contents of be held responsible for any reliance placed on the content of this
the document in full or part. Neither the Abakkus nor its affiliates, document or for any decision based on it. Each existing/prospective
directors, partners, employees, agents, or representatives, shall client, by accepting delivery of this document agrees to the foregoing.
be responsible or liable in any manner, directly or indirectly, for The Investment portfolio are subject to several risk factors including
the contents or any errors or discrepancies herein or for any but not limited to political, legal, social, economic, and overall market
decisions or actions taken in reliance on the information. The risks. The recipient alone shall be fully responsible/are liable for any
person accessing this information specifically agrees to exempt/ decision taken on the basis of this document. Abakkus, its partners,
absolve the Abakkus or any of its affiliates or employees from, employees, PMS clients, AIF scheme(s), Advisory clients may have
any and all responsibility/liability arising from such misuse/ existing exposure to the stocks that form part of the PMS portfolio/
improper/ illegal use and agrees not to hold the Abakkus or any Advisory portfolio/AIF scheme(s). Further, in view of the investment
of its affiliates or employees responsible for any such misuse/ objective/strategy of the PMS /Advisory and AIF scheme(s) there
improper/illegal use and further agrees to hold the Abakkus may be situations where Abakkus may be selling a stock which is
or any of its affiliates or employees free and harmless from all part of the PMS portfolio/Advisory portfolio/AIF scheme as the case
losses, costs, damages, expenses that may be suffered by the may be.
person accessing this information due to any errors and delays.
Abakkus (including its affiliates) may offer services in nature of
Abakkus (including its affiliates) and any of its Partners, officers, advisory, consultancy, portfolio management, sponsorship of
employees, and other personnel will not accept any liability, funds, investment management of funds which may conflict
loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, Investors can seek clarification for their queries and are further
“objective”, “goal”, “project”, “endeavour” and similar expressions or entitled to make a complaint in writing, verbally or telephonically. An
variations of such expressions that are forward-looking statements, email may be sent to:
words, and scenario. Actual results may differ materially from For PMS, IA and AIF related queries and complaints - service@
those suggested by the forward-looking statements due to risks, abakkusinvest.com and [email protected]
uncertainties, or assumptions. Abakkus takes no responsibility of (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without prior February 05, 2020, details of industry benchmark and AIF level
written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/
alternate-investment-funds-benchmarks.html
email/content, the Private Placement Memorandum/Disclosure
Document, the Contribution Agreement/Client Agreement,
Compliance Officer details under AIF:
representations and presentation(s) and other related
Mr. Biharilal Deora, Tel: 022-68846600
documents carefully and in its entirety and seek clarification
wherever required from the SEBI Registered Intermediary/
Portfolio Management Services:
Abakkus. Prospective investors should make an independent
You may refer the Disclosure Document available at https://
assessment, and consult their own counsel, business advisor
abakkusinvest.com/investor/disclosures for detailed
STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 June 2024
February 2025

disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/ Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
CIR/2022/172 dated December 16, 2022, the comparison of the Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
relative performance of the investment approach with other
portfolio managers is available at https://www.apmiindia.org/ Contact Us:
apmi/IACompare.htm?action=iacomaprepage Website: www.abakkusinvest.com
Email: [email protected]
Principal Officer and Compliance Officer Details under PMS: Tel: 022-68846600
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 Corporate and Registered Address:
Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
Investment Advisory Services: Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
You may refer the Disclosure Document available at East, Mumbai – 400055.
https://abakkusinvest.com/investor/disclosures
CIN: U70200MH2024PTC432609
Principal Officer and Compliance Officer Details under IA:

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

NSE Category III AIF Benchmarking Data as on March 2024

Index 3 Months (%) 6 Months (%) 1 year (%)

Abakkus Diversified
-0.28 16.44 37.74
Alpha Fund

NSE Category III

3.13 11.07 30.11
AIF Benchmark
As per SEBI Circular SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 the details of industry benchmark and AIF level performance versus Benchmark Reports are
available at https://www.nseindia.com/products-services/aif-benchmark-report and https://www.crisil.com/en/home/what-we-do/financial-products/alternate-
investment-funds-benchmarks.html

Source: Asset weighted NSE Indices. Data as of March 31, 2024. Returns are calculated on a post-expenses, pre-carry and pre-tax basis. Returns for PMIs are based on TRI
values; 6 month, 3 month and 1 year returns are absolute returns. Returns for greater than one year are annualised returns.

For the period ended March 31, 2024 in total, 248 schemes that have completed at least one year since their first close on or before March 31, 2023 have been considered for
the computation of Nifty AIF Cat III Benchmarks. 24 schemes were excluded from the calculation of benchmark metrics due to the following reasons: Submission of incomplete
/ inconsistent data; Manual exclusions when data was provided/revised after stipulated deadline or cases of extreme IRRs for which confirmations were not received from
respective AIFs within stipulated time. Abakkus scheme level Benchmarking Reports can be provided on request.

About Us contained in the website/email/content(s) and to update the

Abakkus Asset Manager Private Limited (formerly known as same periodically or otherwise from time to time. The website/
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a email/content is neither a general offer nor solicitation to avail
Portfolio Manager with SEBI under SEBI (Portfolio Managers) the service of investment from the SEBI Registered Intermediary
Regulations, 2020 as amended from time to time and the under the services offered by Abakkus/Fund nor is it an offer to
Circulars and Guidelines issued there under from time to time sell or a generally solicit an offer to become an investor in the
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and services offered by the Abakkus/Fund. The delivery of this email/
as an Investment Advisor under SEBI (Investment Advisors) content at any time does not imply that information herein is
Regulations, 2013 as amended from time to time and the correct as of any time subsequent to its date. The contents of
Circulars and Guidelines issued there under from time to time this website/email/content are provisional and may be subject
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. to change. In the preparation of the material contained in this
website/email/content, Abakkus has used information that is
Abakkus is also the Investment Manager to Abakkus Growth publicly available, certain research reports including information
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ developed in-house. Abakkus warrants that the contents of this
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture website/email/content are true to the best of its knowledge,
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ however, assume no liability for the relevance, accuracy or
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private completeness of the contents herein.
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.:
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India Abakkus declares that the data and analysis provided shall
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: be for informational purposes. The information contained in
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative the analysis shall been obtained from various sources and
Investment Fund) Regulations, 2012 as amended from time reasonable care would be taken to ensure sources of data to
to time and the Circulars and Guidelines issued there under be accurate and reliable. Abakkus will not be responsible for any
from time to time collectively referred as the SEBI Registered error or omission in the data or for any losses suffered on account
Intermediary. The branch office of Abakkus situated at IFSC-GIFT of information contained in the analysis. While the Abakkus
City is registered with the IFSCA as Registered FME (Non-retail) will take due care to ensure that all information provided is
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) accurate however the Abakkus neither guarantees/warrants the
Regulations, 2022. sequence, accuracy, completeness, or timeliness of the report.
Neither the Abakkus nor its affiliates or their partners, directors,
Disclaimer and Disclosures employees, agents, or representatives, shall be responsible or
This website/email/content is confidential and is intended only liable in any manner, directly or indirectly, for views or opinions
for the personal use of the prospective investors/contributors expressed in this analysis or the contents or any systemic errors
(herein after referred as the Clients) to whom it is addressed or discrepancies or for any decisions or actions taken in reliance
or delivered and must not be reproduced or redistributed in on the analysis. Abakkus does not take any responsibility for any
any form to any other person without prior written consent of clerical, computational, systemic, or other errors in comparison
Abakkus. This website/email/content does not purport to be analysis.
all-inclusive, nor does it contain all of the information which a
prospective investor may desire. This website/email/content is There can be no assurance that future results, performance or
neither approved, certified nor its contents is verified by SEBI. events will be consistent with the information provided in this
content and the past performance, if any is not the guarantee
Abakkus retains all the rights in relation to all information of the future/assured performance. Any decision or action

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

taken by the recipient/visitor of this website/email/content and tax advisor as to legal, business and tax related matters
based on this information shall be solely and entirely at the concerning this document and the other related documents
risk of the recipient/visitor of the website/email/content. The before becoming investing with/though the Abakkus/in the
distribution of this information in some jurisdictions may be Fund.
restricted and/or prohibited by law, and persons into whose
possession this information comes should inform themselves The information contained in this website/email/content has been
about such restriction and/or prohibition and observe any such prepared for general guidance and does not constitute a professional
restrictions and/or prohibition. Unauthorized disclosure, use, advice/assurance and no person should act upon any information
publication, dissemination or copying (either whole or partial) of contained herein without obtaining specific professional advice/
this information, is prohibited. Abakkus shall not treat recipient/ Assurance. Neither the Abakkus nor its Affiliates or advisors would
user as a client by virtue of his receiving/using the contents of be held responsible for any reliance placed on the content of this
the document in full or part. Neither the Abakkus nor its affiliates, document or for any decision based on it. Each existing/prospective
directors, partners, employees, agents, or representatives, shall client, by accepting delivery of this document agrees to the foregoing.
be responsible or liable in any manner, directly or indirectly, for The Investment portfolio are subject to several risk factors including
the contents or any errors or discrepancies herein or for any but not limited to political, legal, social, economic, and overall market
decisions or actions taken in reliance on the information. The risks. The recipient alone shall be fully responsible/are liable for any
person accessing this information specifically agrees to exempt/ decision taken on the basis of this document. Abakkus, its partners,
absolve the Abakkus or any of its affiliates or employees from, employees, PMS clients, AIF scheme(s), Advisory clients may have
any and all responsibility/liability arising from such misuse/ existing exposure to the stocks that form part of the PMS portfolio/
improper/ illegal use and agrees not to hold the Abakkus or any Advisory portfolio/AIF scheme(s). Further, in view of the investment
of its affiliates or employees responsible for any such misuse/ objective/strategy of the PMS /Advisory and AIF scheme(s) there
improper/illegal use and further agrees to hold the Abakkus may be situations where Abakkus may be selling a stock which is
or any of its affiliates or employees free and harmless from all part of the PMS portfolio/Advisory portfolio/AIF scheme as the case
losses, costs, damages, expenses that may be suffered by the may be.
person accessing this information due to any errors and delays.
Abakkus (including its affiliates) may offer services in nature of
Abakkus (including its affiliates) and any of its Partners, officers, advisory, consultancy, portfolio management, sponsorship of
employees, and other personnel will not accept any liability, funds, investment management of funds which may conflict
loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, Investors can seek clarification for their queries and are further
“objective”, “goal”, “project”, “endeavour” and similar expressions or entitled to make a complaint in writing, verbally or telephonically. An
variations of such expressions that are forward-looking statements, email may be sent to:
words, and scenario. Actual results may differ materially from For PMS, IA and AIF related queries and complaints - service@
those suggested by the forward-looking statements due to risks, abakkusinvest.com and [email protected]
uncertainties, or assumptions. Abakkus takes no responsibility of (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without prior February 05, 2020, details of industry benchmark and AIF level
written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/ alternate-investment-funds-benchmarks.html
email/content, the Private Placement Memorandum/Disclosure
Document, the Contribution Agreement/Client Agreement, Compliance Officer details under AIF:
representations and presentation(s) and other related Mr. Biharilal Deora, Tel: 022-68846600
documents carefully and in its entirety and seek clarification
wherever required from the SEBI Registered Intermediary/ Portfolio Management Services:
Abakkus. Prospective investors should make an independent You may refer the Disclosure Document available at https://
assessment, and consult their own counsel, business advisor

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 June 2024
February 2025

abakkusinvest.com/investor/disclosures for detailed Principal Officer and Compliance Officer Details under IA:
disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/ Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
CIR/2022/172 dated December 16, 2022, the comparison of the Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
relative performance of the investment approach with other
portfolio managers is available at https://www.apmiindia.org/ Contact Us:
apmi/IACompare.htm?action=iacomaprepage Website: www.abakkusinvest.com
Email: [email protected]
Principal Officer and Compliance Officer Details under PMS: Tel: 022-68846600
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 Corporate and Registered Address:
Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
Investment Advisory Services: Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
You may refer the Disclosure Document available at East, Mumbai – 400055.
https://abakkusinvest.com/investor/disclosures
CIN: U70200MH2024PTC432609

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

NSE Category III AIF Benchmarking Data as on March 2024

Index 3 Months (%) 6 Months (%) 1 year (%) 2 years (%) 3 years (%) 5 years (%)

NSE Category III

3.13 11.07 30.11 13.08 15.73 14.59
AIF Benchmark
As per SEBI Circular SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 5, 2020 the details of industry benchmark and AIF level performance versus Benchmark Reports are
available at https://www.nseindia.com/products-services/aif-benchmark-report and https://www.crisil.com/en/home/what-we-do/financial-products/alternate-
investment-funds-benchmarks.html

Source: Asset weighted NSE Indices. Data as of March 31, 2024. Returns are calculated on a post-expenses, pre-carry and pre-tax basis. Returns for PMIs are based on TRI
values; 6 month, 3 month and 1 year returns are absolute returns. Returns for greater than one year are annualised returns.

For the period ended March 31, 2024 in total, 248 schemes that have completed at least one year since their first close on or before March 31, 2023 have been considered for
the computation of Nifty AIF Cat III Benchmarks. 24 schemes were excluded from the calculation of benchmark metrics due to the following reasons: Submission of incomplete
/ inconsistent data; Manual exclusions when data was provided/revised after stipulated deadline or cases of extreme IRRs for which confirmations were not received from
respective AIFs within stipulated time. Abakkus scheme level Benchmarking Reports can be provided on request.

About Us contained in the website/email/content(s) and to update the

Abakkus Asset Manager Private Limited (formerly known as same periodically or otherwise from time to time. The website/
Abakkus Asset Manager LLP) (“Abakkus”) is registered as a email/content is neither a general offer nor solicitation to avail
Portfolio Manager with SEBI under SEBI (Portfolio Managers) the service of investment from the SEBI Registered Intermediary
Regulations, 2020 as amended from time to time and the under the services offered by Abakkus/Fund nor is it an offer to
Circulars and Guidelines issued there under from time to time sell or a generally solicit an offer to become an investor in the
vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and services offered by the Abakkus/Fund. The delivery of this email/
as an Investment Advisor under SEBI (Investment Advisors) content at any time does not imply that information herein is
Regulations, 2013 as amended from time to time and the correct as of any time subsequent to its date. The contents of
Circulars and Guidelines issued there under from time to time this website/email/content are provisional and may be subject
vide SEBI Reg. No.: INA000015729 dated February 03, 2021. to change. In the preparation of the material contained in this
website/email/content, Abakkus has used information that is
Abakkus is also the Investment Manager to Abakkus Growth publicly available, certain research reports including information
Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/ developed in-house. Abakkus warrants that the contents of this
AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture website/email/content are true to the best of its knowledge,
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/ however, assume no liability for the relevance, accuracy or
AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private completeness of the contents herein.
Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.:
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India Abakkus declares that the data and analysis provided shall
Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: be for informational purposes. The information contained in
IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI (Alternative the analysis shall been obtained from various sources and
Investment Fund) Regulations, 2012 as amended from time reasonable care would be taken to ensure sources of data to
to time and the Circulars and Guidelines issued there under be accurate and reliable. Abakkus will not be responsible for any
from time to time collectively referred as the SEBI Registered error or omission in the data or for any losses suffered on account
Intermediary. The branch office of Abakkus situated at IFSC-GIFT of information contained in the analysis. While the Abakkus
City is registered with the IFSCA as Registered FME (Non-retail) will take due care to ensure that all information provided is
(IFSCA/FME/II/2022-23/041) under IFSCA (Fund Management) accurate however the Abakkus neither guarantees/warrants the
Regulations, 2022. sequence, accuracy, completeness, or timeliness of the report.
Neither the Abakkus nor its affiliates or their partners, directors,
Disclaimer and Disclosures employees, agents, or representatives, shall be responsible or
This website/email/content is confidential and is intended only liable in any manner, directly or indirectly, for views or opinions
for the personal use of the prospective investors/contributors expressed in this analysis or the contents or any systemic errors
(herein after referred as the Clients) to whom it is addressed or discrepancies or for any decisions or actions taken in reliance
or delivered and must not be reproduced or redistributed in on the analysis. Abakkus does not take any responsibility for any
any form to any other person without prior written consent of clerical, computational, systemic, or other errors in comparison
Abakkus. This website/email/content does not purport to be analysis.
all-inclusive, nor does it contain all of the information which a
prospective investor may desire. This website/email/content is There can be no assurance that future results, performance or
neither approved, certified nor its contents is verified by SEBI. events will be consistent with the information provided in this
content and the past performance, if any is not the guarantee
Abakkus retains all the rights in relation to all information of the future/assured performance. Any decision or action

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
Disclaimers
June 2024
February 2025

taken by the recipient/visitor of this website/email/content and tax advisor as to legal, business and tax related matters
based on this information shall be solely and entirely at the concerning this document and the other related documents
risk of the recipient/visitor of the website/email/content. The before becoming investing with/though the Abakkus/in the
distribution of this information in some jurisdictions may be Fund.
restricted and/or prohibited by law, and persons into whose
possession this information comes should inform themselves The information contained in this website/email/content has been
about such restriction and/or prohibition and observe any such prepared for general guidance and does not constitute a professional
restrictions and/or prohibition. Unauthorized disclosure, use, advice/assurance and no person should act upon any information
publication, dissemination or copying (either whole or partial) of contained herein without obtaining specific professional advice/
this information, is prohibited. Abakkus shall not treat recipient/ Assurance. Neither the Abakkus nor its Affiliates or advisors would
user as a client by virtue of his receiving/using the contents of be held responsible for any reliance placed on the content of this
the document in full or part. Neither the Abakkus nor its affiliates, document or for any decision based on it. Each existing/prospective
directors, partners, employees, agents, or representatives, shall client, by accepting delivery of this document agrees to the foregoing.
be responsible or liable in any manner, directly or indirectly, for The Investment portfolio are subject to several risk factors including
the contents or any errors or discrepancies herein or for any but not limited to political, legal, social, economic, and overall market
decisions or actions taken in reliance on the information. The risks. The recipient alone shall be fully responsible/are liable for any
person accessing this information specifically agrees to exempt/ decision taken on the basis of this document. Abakkus, its partners,
absolve the Abakkus or any of its affiliates or employees from, employees, PMS clients, AIF scheme(s), Advisory clients may have
any and all responsibility/liability arising from such misuse/ existing exposure to the stocks that form part of the PMS portfolio/
improper/ illegal use and agrees not to hold the Abakkus or any Advisory portfolio/AIF scheme(s). Further, in view of the investment
of its affiliates or employees responsible for any such misuse/ objective/strategy of the PMS /Advisory and AIF scheme(s) there
improper/illegal use and further agrees to hold the Abakkus may be situations where Abakkus may be selling a stock which is
or any of its affiliates or employees free and harmless from all part of the PMS portfolio/Advisory portfolio/AIF scheme as the case
losses, costs, damages, expenses that may be suffered by the may be.
person accessing this information due to any errors and delays.
Abakkus (including its affiliates) may offer services in nature of
Abakkus (including its affiliates) and any of its Partners, officers, advisory, consultancy, portfolio management, sponsorship of
employees, and other personnel will not accept any liability, funds, investment management of funds which may conflict
loss, damage of any nature, including but not limited to direct, with each other.
indirect, punitive, special, exemplary, consequential, as also any
loss of profit in any way arising from the use of this website/ Abakkus operates from within India and is subject to Indian
email/content or any information in any manner whatsoever. laws and any dispute shall be resolved in the courts of Mumbai,
Maharashtra only.
This website/email/content may include certain forward-looking
words, statements and scenario which contain words or phrases Redressal of client grievances
such as “believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, Investors can seek clarification for their queries and are further
“objective”, “goal”, “project”, “endeavour” and similar expressions or entitled to make a complaint in writing, verbally or telephonically. An
variations of such expressions that are forward-looking statements, email may be sent to:
words, and scenario. Actual results may differ materially from For PMS, IA and AIF related queries and complaints - service@
those suggested by the forward-looking statements due to risks, abakkusinvest.com and [email protected]
uncertainties, or assumptions. Abakkus takes no responsibility of (both) Alternatively, the Investor may call on +91 22 6884 6601/02/85
updating any data/information.
Alternative Investment Fund
The contents of this website/email/content cannot be copied, As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated
reproduced, in whole or in part or otherwise distributed without prior February 05, 2020, details of industry benchmark and AIF level
written approval of the Abakkus. performance versus Benchmark Reports are available at https://
www.nseindia.com/products-services/aif-benchmark-report and
https://www.crisil.com/en/home/what-we-do/financial-products/
Prospective investors/clients are advised to review this website/ alternate-investment-funds-benchmarks.html
email/content, the Private Placement Memorandum/Disclosure
Document, the Contribution Agreement/Client Agreement, Compliance Officer details under AIF:
representations and presentation(s) and other related Mr. Biharilal Deora, Tel: 022-68846600
documents carefully and in its entirety and seek clarification
wherever required from the SEBI Registered Intermediary/ Portfolio Management Services:
Abakkus. Prospective investors should make an independent You may refer the Disclosure Document available at https://
assessment, and consult their own counsel, business advisor

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com
 June 2024
February 2025

abakkusinvest.com/investor/disclosures for detailed Principal Officer and Compliance Officer Details under IA:
disclosures. As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/ Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600
CIR/2022/172 dated December 16, 2022, the comparison of the Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600
relative performance of the investment approach with other
portfolio managers is available at https://www.apmiindia.org/ Contact Us:
apmi/IACompare.htm?action=iacomaprepage Website: www.abakkusinvest.com
Email: [email protected]
Principal Officer and Compliance Officer Details under PMS: Tel: 022-68846600
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600
Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 Corporate and Registered Address:
Abakkus Corporate Center, 6th Floor, Param House, Shanti Nagar,
Investment Advisory Services: Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz
You may refer the Disclosure Document available at East, Mumbai – 400055.
https://abakkusinvest.com/investor/disclosures
CIN: U70200MH2024PTC432609

STRICTLY CONFIDENTIAL. FOR PRIVATE CIRCULATION ONLY, NOT FOR PUBLIC DISTRIBUTION www.abakkusinvest.com