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Abakkus Mutual Fund Enters SIF Space with SEBI Approval for ‘Fokkus’
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CNBC TV18•22-09-2026, 12:34
Abakkus Mutual Fund Enters SIF Space with SEBI Approval for ‘Fokkus’
  • •Abakkus Mutual Fund received SEBI approval on August 28, 2026, to establish a Specialised Investment Fund (SIF).
  • •The new SIF platform will operate under the brand name ‘Fokkus’ and expands Abakkus's offerings beyond mutual funds, PMS, and AIFs.
  • •Abakkus plans to introduce investment strategies across equity, debt, and hybrid categories through Fokkus, subject to regulatory requirements.
  • •SEBI introduced the SIF framework on April 1, 2025, allowing mutual fund houses to offer differentiated investment strategies within a regulated structure.
  • •Sunil Singhania, Chairman and MD of Abakkus, stated the SIF framework offers flexibility for differentiated strategies, while CEO Vaibhav Chugh emphasized focus on investment processes, risk management, and investor education.

Key Questions Answered

Abakkus Mutual Fund's new Specialised Investment Fund (SIF) platform will operate under the brand name 'Fokkus' after receiving regulatory approval.

The Securities and Exchange Board of India (SEBI) granted the approval to establish the SIF on August 28, 2026.

SEBI introduced the Specialised Investment Fund framework with effect from April 1, 2025, to allow mutual funds to offer differentiated investment strategies.