Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, HDFC Bank, Groww, and 32 others in September

Sunil Singhania-founded Abakkus Flexi Cap Fund increased its stake in Reliance Industries, HDFC Bank, Billionbrains Garage Ventures (Groww) and 32 other stocks in September, according to the monthly portfolio disclosed by ACE MF.

The fund added 1.25 lakh shares of Reliance Industries, taking its total holding to 19.25 lakh shares in September from 18 lakh in the previous month. It also added 4 lakh shares of HDFC Bank, taking its total holding to 50 lakh shares.

The flexicap fund increased its holding in Billionbrains Garage Ventures (Groww) by 30 lakh shares to 90 lakh shares in September, up from 60 lakh in the previous month.


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Among the other 32 stocks in which the fund increased its stake, NTPC saw the largest addition. The fund bought 13.50 lakh shares, taking its total holding to 78.50 lakh shares. It also added 10.05 lakh shares of Edelweiss Financial Services, taking its total holding to 90.05 lakh shares during the period.

Other additions included 10 lakh shares of The Federal Bank, 8.65 lakh shares of Emmvee Photovoltaic Power and 7.69 lakh shares of Leela Palaces Hotels & Resorts. The remaining 27 stocks included SBI, L&T, Jubilant Pharmova, ICICI Bank, DLF, ICICI Prudential AMC, Inox India, Indus Towers, Dixon Technologies (India), Aether Industries and Tata Motors.

Zydus Lifesciences was a new entrant in the portfolio, with the fund adding 7 lakh shares worth Rs 81.34 crore. Meanwhile, the fund exited Cyient DLM by selling its entire holding of 1.51 lakh shares, valued at Rs 12.74 crore.

The fund reduced its holdings in two stocks: Oracle Financial Services Software and Divi's Laboratories. It sold 45,426 shares of Oracle Financial Services Software, leaving 1.19 lakh shares in its portfolio in September. It also sold 61,807 shares of Divi's Laboratories, retaining 1.70 lakh shares at the end of the month.

The fund's exposure remained unchanged in eight stocks: Tata Steel, Mahindra & Mahindra, Bajaj Auto, Vedanta Power, Supriya Lifescience, PB Fintech, International Gemological Institute and Urban Company.

The fund held 46 stocks in September, unchanged from the previous month. Its portfolio was spread across 22 sectors, with banks accounting for the highest allocation at around 15.79%, followed by finance at 10.13%.

Launched on December 29, 2025, the fund has delivered a 6.18% return since inception. Over the past three months, it lost 3.01%, compared with a 4.24% decline in its benchmark. Over the past six months, it delivered a 5.93% return, while the benchmark lost 4.30%.

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The scheme's primary objective is to generate capital appreciation and provide long-term growth opportunities by investing in a diversified portfolio of equity and equity-related instruments across largecap, midcap and smallcap securities. Its secondary objective is to generate consistent returns through investments in debt and money market securities.

The fund had assets under management (AUM) of Rs 7,843 crore in September. It is benchmarked against the BSE 500 Index (TRI) and managed by Sanjay Doshi (Equity) and Abhishek K S (Fixed Income).

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