Sunil Singhania's Abakkus Launches Flexicap NFO

Sunil Singhania, a well-known fund manager, is launching a new mutual fund called Abakkus Flexicap.

This fund aims to invest in a mix of large, mid, and small-cap companies, unlike many other flexicap funds that focus mostly on large-cap stocks.

Abakkus plans to use a special framework called 'MEETS' to pick stocks based on management quality, earnings, events, timing, and structural factors.

The fund hopes to offer a more balanced investment approach.

Investors with a higher risk tolerance might consider this new fund for diversification, while those with average risk appetite can stick to established flexicap funds.