Abakkus Dynamic Asset Allocation Fund is a new open-ended hybrid scheme from Abakkus Mutual Fund, run by Abakkus Investment Managers Private Limited.
The NFO opens on 16-11-2026 and closes on 30-11-2026, according to Morningstar India. The scheme document still shows both dates as blank.
The fund does not hold a fixed split of shares and bonds. Its managers raise or cut equity exposure as markets change, a style called dynamic asset allocation. It is the first hybrid scheme from Abakkus Mutual Fund.
For a first-time investor the appeal is simple: one mutual fund that mixes growth from shares with the steadier side of debt, starting at Rs 500.
Also read: New fund offer (NFO): meaning, types and myths busted.
Abakkus Dynamic Asset Allocation Fund NFO details
Fund name | |
Fund type | Open-ended |
Category | Dynamic Asset Allocation Fund (hybrid scheme) |
Nature of scheme | Actively managed hybrid fund investing in equity, debt and money market instruments |
Benchmark | CRISIL Hybrid 50+50 Moderate Index |
Fund managers | Sanjay Doshi, Abhishek Krishnaswami Srinivas and Vinod Bhat |
NFO opens | 16-11-2026 |
NFO closes | 30-11-2026 |
Allotment & reopening date | On or around 07-12-2026 (5 working days after NFO closes) |
Minimum investment | Rs 500 and multiples of Re 1 |
Additional investment | Rs 500 and multiples of Re 1 |
SIP amount | Rs 500 and multiples of Re 1, minimum 6 instalments |
NAV | Rs 10 per unit |
Stamp duty | 0.005% |
Entry load | NIL |
Exit load | 1% if redeemed or switched out within 6 months of allotment; nil after 6 months |
Plans and options | Regular and Direct, Growth option only |
AMC details
AMC name | Abakkus Investment Managers Private Limited |
Assets under management | ₹52,609 Crores |
Website | |
Address | Abakkus Corporate Centre, 6th Floor, Param House, Shanti Nagar, Near Grand Hyatt, Off Santacruz Chembur Link Road, Santacruz East, Mumbai 400055 |
Contact number | 1800 267 1849 (toll free) |
Source: AMFI India New fund offer | Abakkus Dynamic Asset Allocation Fund
What has the AMC launched?
Abakkus Mutual Fund has launched an open-ended hybrid scheme that invests in both equity and debt. Equity means shares of companies. Debt means bonds and money market instruments, which are short-term loans to companies and the government.
The aim is capital appreciation. The managers want to capture gains when shares rise and use debt, money market holdings and derivatives to soften falls. Derivatives are contracts whose value depends on something else, such as an index. There is no assurance the aim will be met.
The fund is actively managed and can invest across company sizes and sectors. Up to 35% can go into overseas securities.
How does the strategy work?
The process is a loop of reading, setting, picking and reviewing.
Step | What happens? |
1. Read the market | An internal model tracks equity valuations, interest rate levels and market sentiment. The managers keep full discretion over how to use its signals. |
2. Set the equity level | Gross equity exposure is expected to stay between 65% and 100% of the portfolio. |
3. Adjust with derivatives | Selling index or stock futures, a form of hedging, can bring net equity exposure below 65%. |
4. Pick shares | Bottom-up research on management, earnings, events, timing and business strength (Abakkus calls this MEETS). |
5. Build the debt part | A top-down view on interest rates and sectors, then checks on each issuer’s financial strength and liquidity. |
6. Review and rebalance | If the mix drifts outside its limits, it is restored within 30 business days. |
Let’s understand through an example
This is a teaching example with made-up numbers, not a forecast. Take Rs 1,00,000. When shares look expensive, the managers might hold Rs 80,000 in shares and sell index futures worth Rs 30,000. Net equity is then Rs 50,000, and the other Rs 20,000 sits in debt.
If valuations turn attractive, they close the futures and equity exposure rises again. Meera, a salaried professional in Ahmedabad investing Rs 10,000 a month by SIP, holds the same fund throughout. The managers make the shifts.
Portfolio allocation of this NFO
Instrument | Indicative allocation |
Equity and equity-related instruments, including overseas securities | 10% to 90% of total assets |
Debt and money market instruments, including debt fund units | 10% to 90% of total assets |
Overseas securities | Up to 35% of net assets |
Derivatives for hedging | Up to 100% of net assets |
The SID separately says gross equity exposure is expected to stay between 65% and 100%.
Investment strategy behind the fund
On the equity side, the managers look for growth and value together: businesses with large markets, lasting advantages and sound managements, bought only when the price sits below their estimate of true worth. They can invest across market capitalisations and sectors, and keep holdings broad to avoid concentration.
On the debt side, they weigh the direction of interest rates, credit quality and liquidity. Rating agencies’ views supplement in-house credit research.
Safeguards include hedging, the debt cushion and limits such as 5% of net assets in unrated debt. Trading volumes are checked before buying, and NFO money is to be deployed within 30 business days.
Potential benefits
Potential benefit | Why does it matter? |
Automatic mix changes | The managers adjust equity and debt for you, so you need not time the market or rebalance. |
Two asset classes in one fund | One scheme gives you shares and debt, from Rs 500, by lumpsum or SIP. |
A built-in cushion | Debt, money market holdings and hedges are meant to soften falls in the equity part. This is not a guarantee. |
Wider spread | The fund can hold different company sizes, sectors and overseas securities, which supports diversification. |
Key risks
Risk | What does it mean? |
Market risk | Share prices can fall, and the fund’s NAV can fall with them. |
Judgement risk | The equity level rests on the managers’ model and calls. A wrong call can hurt returns. |
Derivative risk | Hedges cost money and may not track the portfolio perfectly. Exposure beyond hedging needs can cause losses. |
Interest rate risk | Bond prices fall when interest rates rise. |
Credit risk | An issuer may delay or fail to repay. |
Liquidity risk | Some securities may be hard to sell quickly at a fair price. |
Overseas investment risk | Overseas holdings are exposed to currency moves and foreign market conditions. |
Who may consider this fund?
Investor type | Why it may fit |
Long-term investors with a time horizon of seven years or more (our reading) | The SID targets long-term capital appreciation, and a longer period gives equity cycles room to play out. |
Investors who prefer one hybrid fund | The managers handle the equity-debt split, so you do not pick and rebalance two funds yourself. |
Salaried SIP investors | SIPs start at Rs 500 and run weekly, fortnightly, monthly, quarterly or half-yearly. |
Who may not find it suitable?
Investor type | Why it may not fit |
Anyone needing the money within 6 months | A 1% exit load applies in that window, and the NAV moves daily. |
Investors wanting fixed or assured returns | The NAV follows markets, and nothing is assured. |
Investors wanting pure equity or index tracking | This is an actively managed mix whose equity level changes over time. |
Investors who rely on a track record | The fund is new and has no performance history. |
How does it compare with traditional options?
Option | Return potential | Volatility | Liquidity | Horizon | Suitable investor |
Fixed deposit | Fixed at booking | Very low | Penalty on early exit | Fixed tenure | Certainty seekers |
Debt mutual fund | Moderate | Low to moderate | Redeem on business days | 1 to 3 years | Stable income seekers |
Hybrid fund | Moderate to high | Moderate | Redeem on business days | 3 to 5 years | Balanced investors |
Equity mutual fund | High | High | Redeem on business days | 5 years or more | Growth seekers |
This new fund | Moderate to high | Moderate | Daily, 1% load within 6 months | 5 years or more | Long-term hybrid seekers |
Also read: A comprehensive guide to mutual funds in India.
NFO review by Zenith Finserve
This NFO reads as a core hybrid holding for a goal at least seven years away, such as a child’s higher education in 2033 or part of a retirement corpus. You hand over the equity-debt timing decision instead of making it yourself.
Two things stand out. The fund has no track record, and everything rests on one internal model that the managers can override or revise.
Costs are not yet published, though the SID caps the base expense ratio at 2.10% on the first Rs 500 crore. Sources also differ on one fund manager’s name, so check the final documents.
This is our interpretation, not advice. Before applying, check the final SID, your goal date and how much equity you already hold. Zenith Finserve can help you do that.
How Zenith Finserve can help
At Zenith Finserve, we follow a process driven investment framework. We assess your goals, cash flows, risk profile, time horizon, existing investments, loans and tax situation before suggesting investments.
We align our investment suggestions with your financial objectives and review them periodically to keep them suitable as your circumstances change.
How does this fund compare with similar NFOs and existing funds?
Zenith Finserve coverage of related NFOs that are still open:
Motilal Oswal Multi Asset Omni Fund of Funds NFO: a hybrid fund of funds across equity, debt, gold and silver. Closes 04-11-2026.
Choice Large & Mid Cap Fund NFO: an equity-only option with no debt. Closes 03-11-2026.
Two existing dynamic asset allocation funds, with figures from each AMC:
Fund | Mandate and benchmark | Costs | Liquidity | Track record |
Abakkus Dynamic Asset Allocation Fund | Dynamic equity-debt mix. CRISIL Hybrid 50+50 Moderate Index | Expense ratio not yet published. Base cap 2.10% on first Rs 500 crore | Open-ended. 1% exit load within 6 months | Not available (new fund) |
Dynamic equity-debt mix. Nifty 50 Hybrid Composite Debt 50:50. Launched 03-08-2018 | Base expense ratio: Regular 1.69%, Direct 0.63% (31-07-2026) | Open-ended. 1% load beyond free 8% within 180 days | At 31-07-2026, Regular: 3.23% (1 year), 9.36% (3 years), 8.84% (5 years). Direct: 4.36%, 10.59%, 10.12% | |
Dynamic equity-debt mix. Nifty 50 Hybrid Composite Debt 50:50. Launched 01-08-2017 | Direct plan expense ratio 1.00% (02-11-2026) | Open-ended. 1% load beyond free 10% within 12 months | Direct, at 14-10-2026: 1.46% (1 year), 10.91% (3 years), 9.15% (5 years) |
Kotak and Axis were chosen for the same category and longer records, though both use a different benchmark. Past performance may or may not be sustained.
Frequently asked questions
Is Abakkus Dynamic Asset Allocation Fund NFO good to invest in?
It depends on your goal. The fund suits investors with a long horizon who want a managed equity-debt mix in one scheme.
It has no track record yet, so check the final SID and your own time frame before applying. Zenith Finserve does not recommend any fund.
What are the Abakkus Dynamic Asset Allocation Fund NFO dates?
Morningstar India lists the NFO opening on 16-11-2026 and closing on 30-11-2026.
The scheme document still shows the dates as blank, so confirm them on the AMC website before investing. Units are expected to be allotted on or around 07-12-2026.
What does Abakkus Dynamic Asset Allocation Fund invest in?
It invests in equity and equity-related instruments, plus debt and money market instruments.
Equity can range from 10% to 90% of assets and debt from 10% to 90%. Up to 35% may go into overseas securities, and derivatives are used mainly for hedging.
Who are the fund managers of Abakkus Dynamic Asset Allocation Fund?
The SID names Sanjay Doshi, who has about two decades in equity management, a Abhishek Krishnaswami Srinivas, Vinod Bhat.
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What is the minimum investment in Abakkus Dynamic Asset Allocation Fund?
The minimum lumpsum is Rs 500 and multiples of Re 1 after that. A SIP also starts at Rs 500 with a minimum of 6 instalments.
Additional purchases start at Rs 500 too. The fund asks for no minimum balance.
What is the exit load of Abakkus Dynamic Asset Allocation Fund?
An exit load of 1% applies if you redeem or switch out within 6 months of allotment. After 6 months there is no exit load. There is no entry load, and stamp duty is 0.005%.
What is a dynamic asset allocation fund?
It is a hybrid fund whose equity and debt mix changes with market conditions instead of staying fixed.
Many investors know this category as a balanced advantage fund. The managers decide when to hold more equity and when to cut it back.
Which benchmark does Abakkus Dynamic Asset Allocation Fund follow?
The fund is benchmarked to the CRISIL Hybrid 50+50 Moderate Index, which AMFI lists as a first-tier benchmark for dynamic asset allocation funds.
A benchmark is simply a yardstick for comparing the fund’s performance.
Does Abakkus Dynamic Asset Allocation Fund have a dividend option?
No. There are two plans, Regular and Direct, and both offer only the Growth option.
No Income Distribution cum Capital Withdrawal option is available. Direct plans carry no distributor commission, so they have a lower expense ratio.
When can I redeem units, and how fast do I get the money?
The fund reopens for sale and redemption within 5 business days of allotment. After that you can redeem on any business day at the applicable NAV. The AMC aims to pay redemption proceeds within 3 business days.
What should I check in an Abakkus Dynamic Asset Allocation Fund review?
Check the final SID for NFO dates and fund managers, the expense ratio once published, and the exit load.
Then look at how the managers have handled equity and debt in other funds, and whether the fund fits your goal date.
How is this fund different from other Abakkus Mutual Fund schemes?
It is the first hybrid scheme from Abakkus Mutual Fund. Its existing schemes, such as the Flexi Cap, Small Cap and Liquid funds, sit in single asset classes.
This fund moves between equity and debt as conditions change.
