Sunil Singhania-led Abakkus Mutual Fund announced that it has received approval from the Securities and Exchange Board of India (SEBI) to establish a Specialised Investment Fund (SIF), creating a new avenue for the fund house to offer differentiated investment solutions under the brand name “Fokkus”.
The fund house received this approval on 28 August 2026. Through the platform, Abakkus Mutual Fund plans to introduce investment strategies across equity, debt and hybrid categories, in accordance with the applicable regulatory framework and subject to the necessary filings and approvals, according to a press release by the fund house.