Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in Dixon Technologies, OFSS, 30 others in August

Sunil Singhania-backed Abakkus Flexi Cap Fund increased its stake in Dixon Technologies, Oracle Financial Services Software (OFSS), and 30 other stocks in August, according to the monthly portfolio data disclosed by ACE MF.

Around 6,086 shares of Dixon Technologies (India) were added to the portfolio, bringing the fund's total holding to 96,086 shares in August compared to 90,000 shares in July. The fund also added 15,000 shares of OFSS, taking its holding to nearly 1.65 lakh shares in August.

Among the other 30 stocks, the fund added the maximum number of shares in NTPC, purchasing around 17.50 lakh shares to bring its total holding to 65 lakh shares.


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The fund added 15 lakh shares of Tata Steel, taking its holding to nearly 85 lakh shares in August. Around 14.41 lakh shares of Edelweiss Financial Services were added, followed by 14.40 lakh shares of International Gemological Institute and 9.85 lakh shares of ICICI Prudential Life Insurance Company.

Some of the other stocks where the fund increased its exposure were BEML, State Bank of India, HDFC Bank, The Federal Bank, Heritage Foods, ICICI Bank, Inox India, DLF, Indus Towers, Aether Industries, PNB Housing Finance, Urban Company, Vedanta Aluminium Metal, Emmvee Photovoltaic Power, and Arvind Fashions.

Jubilant Pharmova and Billionbrains Garage Ventures (Groww) were the new entrants in the portfolio in August. Around 60 lakh shares of Billionbrains Garage Ventures (Groww) were added to the portfolio worth Rs 115 crore, alongside 5.51 lakh shares of Jubilant Pharmova.

The exposure was reduced in Cyient DLM as the fund sold 12.71 lakh shares, leaving 1.51 lakh shares in its portfolio. Around 4.43 lakh shares of Avalon Technologies were sold from the portfolio, representing a market value of Rs 80.17 crore.

The exposure remained unchanged in nearly 11 stocks, including Deepak Fertilisers And Petrochemicals Corporation, Kajaria Ceramics, United Spirits, Divi's Laboratories, IIFL Finance, Bajaj Auto, Vedanta Power, Supriya Lifesciences, 360 One Wam, PB Fintech, and Tata Motors.

In August, the fund held 46 stocks in its portfolio against 45 stocks in July, spread across 23 sectors.

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Launched on December 29, 2025, the fund has delivered a 10.38% return since inception. In the last three months, the fund delivered a return of 2.45% against a loss of 2.86% by its benchmark. In the last six months, the fund delivered 14.78% against a loss of 1.01% by the benchmark.

The primary investment objective of the scheme is to generate capital appreciation and provide long-term growth opportunities through equity and equity-related instruments by investing in a diversified portfolio of large-cap, mid-cap, and small-cap securities. The secondary objective is to generate consistent returns by investing in debt and money market securities.

The scheme had an AUM of Rs 7,394 crore in August, up from Rs 6,338 crore in July. It is benchmarked against the BSE 500 Index (TRI) and is managed by Sanjay Doshi (Equity) and Abhishek K S (Fixed Income).

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