PMS AUM (in Rs. Cr)
8870

No. of PMS Products
2

No. of AIF Products
4

Data as of
31 Mar 2024

Abakkus Asset Manager LLP is an alpha focused asset manager investing in India. Abakkus was founded in 2018 by Mr. Sunil Singhania, who brought with him 25 years of fund management experience. Abakkus got its name on the simplest ancient computing instrument – Abacus. Founder, Mr. Sunil Singhania, along with the core team at Abakkus Investments have a vision to make Abakkus as one of the most revered and top performing asset management companies in India.

Abakkus offers Multiple PMS AIF products, almost all are top performing as per 2018 to 2021, first 3 years of performance since Abakkus was set up.

PMS Product Performance

Company Name /
Product Name
Category Date of inception AUM 1y return 2y return 3y return 5y return 10y return Since inception return
Abakkus Asset Manager Emerging Opportunities Approach Mid & Small Cap31 Aug 2020360751.21%21.42%29.37%36.07%
Abakkus Asset Manager All Cap Approach Multi Cap29 Oct 2020526344.85%19.94%25.79%32.98%

Over 4 years, Abakkus has build a very strong team of 30 plus highly qualified and committed individuals with a cumulative work experience of more than 200 years. Going by Abakkus Asset Managers’ Team qualifications, it covers 8 Master’s Degree Holders, 4 CFA Charter Holders, 5 Chartered Accountants and 6 CFA candidates.

Key People

Sunil Singhania

Mr. Sunil Singhania
Founder, Abakkus Asset Manager LLP

Sunil Singhania, CFA, has more than 2 decades of experience and is the Founder of Abakkus Asset Management, LLP, an India-focused Asset Management Company that he established in 2018. Prior to this, in his role as Global Head – Equities at Reliance Capital Ltd., he oversaw equity assets and provided strategic inputs across Reliance Capital Group of companies including asset management, insurance, AIF and offshore assets. And as CIO – Equities, Singhania led Reliance Mutual Fund (now Nippon India Mutual Fund), equity schemes to be rated amongst the best. Reliance Growth Fund (now Nippon India Growth Fund) grew over 100 times in less than 22 years under Singhania’s leadership. Sunil Singhania is the first Indian to be appointed on the Global Board of CFA institute, USA . A Bombay University graduate, currently Sunil Singhania is the only Indian to be appointed on the IFRS Capital Market Advisory Committee (CMAC) till 2023.

Aman Chowhan

Mr. Aman Chowhan
Senior Fund Manager, Abakkus Asset Manager Llp

Aman Chowhan is a Mumbai University MBA graduate. Aman has been active in the Indian equity market for more than 17 years. He formerly served as the Portfolio Manager for both domestic and foreign schemes at the PMS unit of Reliance Asset Management (now Nippon Life India Asset Management). Aman’s experience working in Reliance’s Singapore office gives him a regional and global perspective on investing. He excels at benchmark, absolute long, and long-short strategies. Before working for Reliance in 2005, he was a research analyst for TAIB Securities, Tata TD Waterhouse, and other brokerage houses.

Deven Sangoi

Mr. Deven Sangoi
Senior Fund Manager, Abakkus Asset Manager LLP

Deven Sangoi has 22 years of asset management expertise, with 12 years in the insurance sector and 10 years in the mutual fund sector. Prior to this position, he served as CIO at Canara HSBC OBC life, where he oversaw both equity and fixed income investments with a corpus of about USD $4 billion. Aditya Birla Sun Life Insurance Company, Aditya Birla Sun Life Asset Management Co. Ltd, and ICICI Pru AMC, are just a few of the reputable companies with which he has previously worked. He holds a post-graduate degree in finance from Newport University and a degree in electronics engineering from Bombay University.

Awards & Achievements

• In 2023, Abakkus Asset Manager Growth Fund-I, a Long Only Cat III AIF, was awarded Rank #2 in the Best Long Only Cat III AIF, on 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2023, Abakkus Asset Manager’s Emerging Opportunities Fund-I, a Long Only Cat III AIF, was awarded Rank #1 in the Best Long Only Cat III AIF, on 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2022, Abakkus Asset Manager Growth Fund-I, a Long Only Cat III AIF, was awarded Rank #2 in the Best Long Only Cat III AIF, on 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2021, Abakkus Asset Manager’s Emerging Opportunities Fund, a Long Only Cat III AIF, was awarded the winner in the Best Long Only Cat III AIF, on 1Y Absolute Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• Mr. Sunil Singhania has been revered as the amongst the Best Fund manager by Outlook Business in 2016 and 2017 over a 10-year time span.

• Reliance Growth Fund, a midcap oriented fund directly managed by Mr. Sunil has unique distinction of having grown over 100 times in 21 years. Also, the first fund in India to have a NAV of Rs. 1,000+.

PMS Product Performance

Company Name /
Product Name
Date of inception AUM 1y return 2y return 3y return 5y return 10y return Since inception return
Abakkus Asset Manager Emerging Opportunities Approach 31 Aug 2020360751.21%21.42%29.37%36.07%
Abakkus Asset Manager All Cap Approach 29 Oct 2020526344.85%19.94%25.79%32.98%

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