Abakkus Investment

Profile

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Introducing
Abakkus Asset Manager
LLP
• Abakkus is an alpha-focused boutique asset manager
managing roughly INR 25,000 crores* in long-only
strategies for Indian equities
• Our offerings include
• Close-ended Category III Alternative Investment
Funds
• Portfolio Management Services
• Advisory Services for Domestic and Global Investors
• UCITS Funds
• In just 5 years of incorporation Abakkus has established
itself in the Indian equity horizon both in terms of
performance and growth in assets
• Ambition and vision is to make Abakkus India's revered
asset managers over time

*Data as on 31st December 2023

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 We are net carbon negative

▪ As a part of the ‘Cauvery Calling’ project, we planted more than

2400 trees in the Cauvery region of Tamil Nadu – the carbon
equivalent of 50.4 metric tons of CO2e much higher than our
carbon footprint of 33 metric tons resulting in our company to be
net carbon negative. (CY*-2019)
▪ The project aims to restore the biodiversity of Cauvery basin and
the thriving food chain that depends on it. 84 million inhabitants
could be positively benefitted by the effort

▪ Our belief in the idea of an environmentally and socially

sustainable future has led us to take up the responsibility and
resources to achieve actionable change.
▪ The cook stove project was an initiative to distribute 3500 cooking
stoves to rural households that still use conventional kerosene
burners. (CY*- 2021)
▪ This will result in a reduction of CO2 emissions by 12250 tons per
year (Estimated) from the environment .
▪ All this while having net negative carbon footprint.
▪ Also, achieved climate neutral badge for our contribution in
Climate neutral mission(CY-2022)

*CY- Calendar Year Strictly Confidential. For Private Circulation Only, Not For Public Distribution
 Bridging the gap of gender diversity
✓ We are committed to gender diversity, currently one of the weakest in India (industry average of only 20% women at work)

✓ We support the ‘Young Women In Investment initiative’ by CFA Institute.

✓ The G8 accredited program 2020 creates awareness about financial careers and facilitates participation of women in the financial sector.

✓ A four-week boot-camp for women which is followed by paid internships at reputable financial institutions, including Abakkus. (CY*- 2019)

✓ We are committed to reach 30% gender diversity ratio by the year 2025 as we expand our research and administrative team over the
coming years.

Empowering Children
✓ India harbors one of the largest population of adolescents on the planet, would stand to benefit massively if adolescents are well fed and
educated.

✓ We worked with the Cosmic Divine Society to feed around 1200 children for a period of 1 week every year for the last 4 years. We strongly
believe that our children are the governors of our future, and their nurturing is necessary for our country to prosper. (Since CY-2018)

✓ We also worked with Vallabhdas Dagara Indian Society to foster and care for the mentally challenged kids in India. We took the
responsibility of co-parenting 20 children for a period for the last 2 years which includes training and teaching them to be skilled,
employable and independent. (Since CY- 2020)

*CY- Calendar Year Strictly Confidential. For Private Circulation Only, Not For Public Distribution
Industry Participation

✓ Indian Venture and Alternate Capital Association (IVCA) is

a not-for-profit, apex industry body promoting the
alternate capital industry and fostering a vibrant investing
ecosystem in India. To bring about this change, Abakkus
has also extended their hands in a member capacity.

✓ Through the development of accountability tools, Access

To Nutrition Initiative (ATNI) empowers food systems’ key
actors to accelerate sustainable access to nutritious and
affordable foods.

✓ ATNI strives to create a world where markets provide

access to nutritious and affordable diets for all. By being a
signatory, Abakkus is contributing to these philanthropic
efforts.
 About the founder

• Former CIO Equities of Reliance Nippon Life Asset

Management (now Nippon Life India Asset Management)
overseeing ~USD 11 billion of equity assets

• First Indian to be appointed to the Global Board of

Sunil Singhania CFA Institute, USA (2013-2019)
Founder • Ex-Honorary Chairman of Investment Committee of
Abakkus Asset Manager LLP CFA Institute (2018-19)

• Rated as among the best fund managers (Rated best

Fund Manager by Outlook Business in 2016 & 2017 over
10-year time frame)

• CA & CFA Charter Holder

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Investment philosophy

Risk reward equation Alpha generators

▪ Expected returns must justify the ▪ Believe in investing with an endeavor to

06 01
risk / uncertainty taken generate alpha over the markets rather than just
allocating within benchmark index
▪ A good company might not
necessarily be a good stock ▪ Growth companies where profitability is
expected to grow higher than market average
▪ Focus on the price we pay, and
value derived ▪ Fundamentally underpriced stocks with
reasonable growth expectations
▪ What is in the price?
▪ Mid Cap companies with a scalable business model
and growth potential to become large cap

Patient investors 05 02 Fundamental driven

▪ Buy and hold ▪ Bottom-up research with focus on balance
▪ Invest in a stock as if investing sheet
in a business ▪ Numbers speak more than presentations and
▪ Think like a partner hype
▪ Returns ultimately are all about earnings

Agile and flexible 04 03 Happy to be contrarian

▪ Each investment opportunity is ▪ Prefer to be first, early and/or only investors
looked upon individual merit ▪ Do not chase the momentum
▪ Not constrained to a particular ▪ Open to look at companies across sectors,
theme or style market caps and business cycles

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Our unique MEETS framework

M E E T S
Management Earnings Events/Trends Timing Structural
▪ Quality - Capability ▪ Quality of earnings ▪ Stock movement ▪ Good company is ▪ Size of the
and track record vs reported because of events. not necessarily a opportunity
▪ Capital Allocation – numbers good investment if
▪ Can be Buy or Sell ▪ Competitive
price is not right
capex is fine if ROE ▪ Actual earnings vs opportunity positioning / MOAT
expected ▪ What is the price
is maintained or ▪ Events on the ▪ Consistent growth in
discounting
▪ Cyclical vs horizon profits
enhanced
Structural earnings ▪ Time frame of
▪ Capital Distribution ▪ Disruptive
investment
▪ Companies that trends/New themes
– fair to minority can double profits in ▪ Mean Reversion
shareholders 4 years or less or
where EV/EBITDA
▪ Error in decision – can halve in four
Business errors vs years
avoidable mishaps

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 5D Investment process

DISCOVER DELVE DEVELOP DETAIL DELIVER

From universe of 6000 Deeper into ~350 Macro and micro Idea generation on ~75 Portfolio construction
companies, ~1500 companies with the help analysis on >100 stocks and risk monitoring of
companies are of experienced companies ~30* stocks
investable investment team using
MEETS framework

MEETS PORTFOLIO PORTFOLIO

LEADS ANALYSIS
FRAMEWORK CONSTRUCTION MANAGEMENT

• Annual report • Management quality • Management • Liquidity • News flow

• Analysts & reports • Earnings meetings • Sector exposure • Monitoring
• In-house screeners • Events • Competitive • Portfolio beta • Quarterly Reviews
• Team experience • Timing advantage • Risk management • Sell discipline
• Ecosystem • Structural • Potential triggers
• News flow • Peer comparison
• Financial Decision Making
modelling and
sensitivity analysis

Inputs

Watc
U

ce
B
Yi i
hli

o-
t no pr
r st
w o r at ta rg e t
Mac

Risk Reward Equation Triggered due to change in stock

price and/or data point.

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What we won’t do
Avoid the four “C”s

Exit Discipline
Chase Momentum
▪ Fundamentals don’t pan out
We would let fundamentals drive our
investment decision rather than price as expected due to sector
movements deterioration, company
specific issues, governance
Churn Unnecessarily issues.
No trading. No needless churning of the
portfolio ▪ Not shy to accept when thesis
goes wrong.
▪ Stocks may do much better
We will not be influenced by ‘herd mentality’.
All investments have to be necessarily worked than expected.
internally
Copy & Mimic ▪ Position becomes insignificant
and can’t /don’t want to add.
We believe it is very difficult to rebuild a
▪ New investment idea better
broken balance sheet and these stocks
eventually turn into value traps and hence than existing holding in terms
best avoided
of risk reward.
Credit Risk - Fractured
Balance Sheet

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 Risk management

The best way to handle company risk is by knowing in-depth details what you
Company Risk own and why you own it. There is no substitute for this. Our uncompromised
focus on balance sheet and numbers will help us in mitigating company risk

Valuation Risk While there is no right or wrong valuation number, we are definitely wary of
overpaying. We maintain strict discipline on this

We would be focusing more on the portfolio than trying the futile guess over
Market Risk where markets are headed. While we would be definitely monitoring the
market, we believe the best way to handle market risk is by being patient.

In mid and small cap investing liquidity can be a near-term risk, the portfolio is
Liquidity Risk designed to take care of this, and we would urge investors to factor a 3–5-year
time horizon

Concentration
1 2 3 4 5 Risk Endeavor to have adequately diversified portfolio across sectors and stocks

For more details on risk factors, key terms etc. please refer to Disclosure document/PPM/key material documents.
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
Investment in securities market are subject to market risks. Read all the related documents carefully before investing
Why us

Experience Positioning
Focused investment in Alpha
Backed by a well-qualified
plays beyond the large number
dedicated team of professionals
of listed companies supported
that have cumulative experience
by non-consensus, in-house
of ~200 years
research and independent
thoughts

Performance Our Opportunistic

A well-established performance Advantage Greater flexibility in investing into
track record over 2 decades in new sectors, new themes which
public equity funds and across are backed by entrepreneur
all market cycles driven economy

Commitment Consistent
Investment team has delivered
Follow a start-up culture with
consistently across market
high degree of commitment,
cycles
urgency and passion

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What we do - Large cap
Non-Benchmarked investments rather than consensus allocation

Large cap Our Large Cap positioning

▪ Contra and differentiated approach to investing
▪ Focus on aspiring leaders vs paying super premium for the
▪ Judiciously invest rather than allocation-based approach
leaders / market favourites
▪ Selective sector calls
▪ Favorable risk reward equation is key
▪ Depending on the economic scenario take small cyclical sector
exposure from time to time

Consumer
Banking I.T Pharma Chemical Insurance
Durables

Leaders HDFC & Kotak TCS & Infosys Havells Sun Pharma UPL HDFC Life

Aspiring Leaders ICICI & SBI HCL Tech Polycab

Companies/stocks in bold are/were part of one or more of PMS Investment Approaches, Advisory and/or AIF Schemes. The stocks are for representational purpose only
and are not recommendations to invest and the portfolio manager may or may not have exposure to the same. Market cap classification based on internal criteria. The
securities quoted are for illustration only and are not recommendatory
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
What we do - Mid Cap
Earnings growth along with perception rerating

Mid Cap Our Mid Cap positioning

▪ Bottom-up stock picks via in-house research ▪ Companies which are amongst top players in their segment
▪ Focus on entrepreneurs driving businesses with competitive moat ▪ Significant valuation discount to leader while having reasonable
▪ Companies that are gaining market share growth
▪ Consistency in fundamental track record ▪ Avoid hope stories, broken balance sheets
▪ Invest in sectors that are small but growing fast

Company Industry position

ICICI Securities Largest full-service retail broker

Rupa No. 3 player in innerwear industry

HIL India’s largest manufacturer of Roofing products

Radico Khaitan No. 3 alcoholic beverage company

Companies/stocks in bold are/were part of one or more of PMS Investment Approaches, Advisory and/or AIF Schemes. The stocks are for representational purpose only
and are not recommendations to invest and the portfolio manager may or may not have exposure to the same. Market cap classification based on internal criteria. The
securities quoted are for illustration only and are not recommendatory
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
What we do - Small cap
Non linear opportunities

Small Cap Our Small Cap positioning

▪ Tap new sectors and emerging themes ▪ Invest only when potential payoff is asymmetric
▪ Bank on entrepreneurship which is thriving in India ▪ E.g. Invested in Quasi-Digital themes
▪ Companies with unique positioning in their respective sector
▪ Small companies but in niche sectors
▪ Opportunistic exposure to events, special situations

Company Industry position

Jindal Stainless Largest private Stainless-Steel company

Route Amongst top 3 player in CPaaS industry

Mastek Leading Indian IT vendor in UK geography

Saregama Strong library and unique IP Music Company

Carysil Asia’s largest kitchen sink manufacturer

Companies/stocks in bold are/were part of one or more of PMS Investment Approaches, Advisory and/or AIF Schemes. The stocks are for representational purpose
only and are not recommendations to invest and the portfolio manager may or may not have exposure to the same. Market cap classification based on internal
criteria.. The securities quoted are for illustration only and are not recommendatory
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
 Abakkus All Cap Approach (PMS)

▪ Benchmark agnostic diversified All cap portfolio

Top 10 Holdings*
▪ Fundamental research-based investing
▪ Large cap allocation based on unbenchmarked top-down sector view with focus on stability 1 JINDAL STAINLESS LIMITED

▪ Alpha from exposure to broader market via companies having sustainable business and high ROEs
2 POLYCAB INDIA LIMITED
▪ Endeavor to generate alpha and wealth creation by investing with 3-5 years holding period
▪ Differentiated Portfolio picked on a bottom-up basis and adhering to our "MEETS" Framework 3 BHARTI AIRTEL PP LIMITED

4 IIFL FINANCE LIMITED

Sector Classification as on 31st December 2023 5 HCL TECHNOLOGIES LIMITED

26.6%
6 NTPC LIMITED
16.0%
13.4%
9.9% SUN PHARMACEUTICAL INDUSTRIES
7.4% 6.3% 7
4.6% 4.1% 3.0% 1.7% LIMITED

8 MAX FINANCIAL SERVICES LIMITED

INSURANCE
COMMUNICATIONS

INFORMATION

HEALTH CARE
BANKS
INDUSTRIALS

NBFC

MATERIALS

DISCRETIONARY
UTILITIES
TECHNOLOGY

CONSUMER
9 STATE BANK OF INDIA

Note: Data as on December 31st, 2023. 10 LARSEN AND TOUBRO LIMITED

*The stocks are for representational purposes only and are not recommendations to invest and the portfolio manager may or may not have exposure to the same. Sector
classification as per Abakkus internal classification. PMS (Portfolio Management Services): Separately Managed Account. Investments in the securities market are subject
to market risks. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommended
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 Abakkus All Cap Approach (PMS)

Returns as on December 31, 2023 2%

7%

Since
Since
1 Month 3 Month 6 Month 1 Year 2 Year 3 Year Inception
Period Inception
(%) (%) (%) (%) (%) (%) Absolute
CAGR (%)
(%)
31%

60%
Abakkus All Cap
Approach 6.0 7.6 21.6 36.2 15.9 32.1 34.5 155.9

S&P BSE 500 TRI 8.0 12.4 18.5 26.6 15.2 20.4 26.2 110.1
LARGE CAP MID CAP
SMALL CAP CASH AND EQUIVALENT
Unaudited Performance data for Portfolio Manager and Investment Approach provided hereunder is not verified by any
regulatory authority and Past performance may or may not sustain in the future. The performance is based on TWRR as
on August 31, 2023. Inception Date is October 29, 2020. As per SEBI guidelines, returns are net of all expenses and investor
returns may differ, based on their period of investment, fee structure and point of capital flows. Please note that Source: Abakkus Internal Market cap
performance of your portfolio may vary from that of other investors and that generated by the Investment Approach classification. Investor portfolio may differ
across all investors because of; based on their period of investment,
1) the timing of inflows and outflows of funds; and investment amount & point of capital flows
2) differences in the portfolio composition because of restrictions and other constraints.
As per SEBI circular SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, the comparison of the relative
performance of the investment approach with other portfolio managers is available at
https://www.apmiindia.org/apmi/IACompare.htm?action=iacomaprepage

Index is for representational purpose only. PMS (Portfolio Management Services): Separately Managed Account Strictly Confidential. For Private Circulation Only, Not For Public Distribution
 Abakkus All Cap Approach (PMS)

Investment Approach Features

Investment Approach Abakkus All Cap Approach PMS

Minimum Investment INR 50 lacs

Benchmark S&P BSE 500 TRI

Fund Manager Sunil Singhania / Aman Chowhan

Custody HDFC Bank, Kotak Mahindra Bank & ICICI Bank

Fee Structure
Fee Type* Fixed Management Fees Performance Fees
Fixed Option 2.50% p.a. Nil

15% sharing over 9% hurdle rate (Annual with

Fixed + Variable Option 1.75% p.a.
high watermark)

Between 0 and 12 months from commencement date: 1.5%

Exit Load
Post 12 months from commencement date: 0%

*Plus operating expenses, brokerage costs, GST and all statutory levies as applicable. For more details on fees, please refer to PMS agreement, disclosure document and
other related documents. PMS (Portfolio Management Services): Separately Managed Account. Data as on December 31st, 2023

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 Focus on fundamentals

Strategy has superior return ratios and trade at discount to Nifty valuations

Abakkus All Cap Approach FY23A** FY24E* FY25E*

PE (ex-financials) 32.7 25.54 19.73

PB 2.8 2.79 2.41

PAT Growth % (ex-financials) -5% 28% 29.4%

ROE % 14 14 16

D/E (ex-financials) 0.5 0.5 0.4

PE (including financials) 24 19.26 15.09

PAT Growth (including financials) 25% 25% 27.6%

Data for both the funds as of 31st December 2023, E*= Estimated, A**= Actuals. Source: Abakkus Estimates
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Team profile
Abakkus has a 70-member strong team with cumulative work experience of more than 700 years. Our team has substantial experience in tracking
global equities across all market cycles. Sunil Singhania, the founder of Abakkus and who leads our team, has a successful, recognized and well-
established performance track record in public equity funds. Our committed and strong team has extensive qualifications including 42 Master’s
Degree Holders, 2 CFA Charter Holder and, 7 Chartered Accountants.

Aman Chowhan Hitesh Arora Biharilal Deora

Senior Fund Manager Fund Manager Director
Qualification: BCOM, MBA Qualification: B.Tech, MS, MBA,
Qualification: BCOM, MCOM, FCA,
CFA
Total Work Experience: 23 years CFA, CIPM, CFP
Total Work Experience: 19 years
Past Organization: Total Work Experience: 20 years
Past Organization:
Nippon Life AMC, TAIB Securities, Tata Past Organization:
Unifi Capital, Deutsche Bank, J.P.
TD Waterhouse Credit Suisse, Fidelity Investments
Morgan

Manish Kanojia Rajesh Thongepatil Chetan Vora

National Sales Head Senior VP - Operations Sr. Research Analyst &
Qualification: BCOM, MBA Qualification: BCOM, DBM Fund Manager - RIA
Total Work Experience: 18 years Total Work Experience: 20 years Qualification: BCOM, CA, CFA Level 2
Past Organization: Past Organization: Cleared
Nippon Life AMC, Principal PNB ASK Investment Managers,
Total Work Experience: 18 years
AMC, Kotak AMC Motilal Oswal AMC
Past Organization:
Valuequest Inv. Advisors, Edelweiss

Rahul Veera Dewang Sanghavi Nirav Savai

Sr. Research Analyst & Sr. Research Analyst Sr. Research Analyst
Fund Manager - RIA
Qualification: MBA, Finance Qualification: BCOM, PGDM
Qualification: BCOM, MBA Total Work Experience: 17 Years
Total Work Experience: 17 years
Total Work Experience: 13 years Past Organization:
Past Organization:
Past Organization:
ICICI Securities HDFC Securities, JM Financial
Morgan Stanley, Edelweiss, Elara
Capital
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
Team profile
Neha Raichura
Nikhil Gada
Varun Ghia Research Analyst
Sr. Research Analyst
Research Analyst Qualification: MCOM, CFA Level 3
Qualification: B.E. (EXTC), MBA
Qualification: BFM, CFA Cleared
Total Work Experience: 11 years
Past Organization: Total Work Experience: 8 years Total Work Experience: 5 years
Asian Markets Securities (AMSEC), Past Organization: Past Organization:
CLSA, Morgan Stanley, ZyFin Research Dimensional Securities Taurus Asset Management & KR
Choksey

Foram Bauva Pathik Doshi Mudita Nahar

Research Analyst Research Analyst Research Analyst
Qualification: BCOM, CA Qualification: BAF, PGDM Qualification: BCOM, CA, CS, CFA
Total Work Experience: 9 years Total Work Experience: 5 years Level 1 cleared
Past Organization: Past Organization: Total Work Experience: 5 years
K.N.G & Co. Yes Securities Past Organization:
Grant Thronton, Tata Capital,
RBL Bank

Akshay Shah
Senior Manager - Dealing
Qualification: BCOM, MBA, CFA
Level 1 cleared
Total Work Experience: 17 years
Past Organization:
Elara Capital, First Global
Securities, Indiabulls Securities

Strictly Confidential. For Private Circulation Only, Not For Public Distribution
 Other disclosures and disclaimers
About Us
Abakkus Asset Manager LLP (“Abakkus”) is registered as a Portfolio Manager with SEBI under SEBI (Portfolio Managers) Regulations, 2020 as amended from time to time and the
Circulars and Guidelines issued there under from time to time vide SEBI Reg. No.: INP000006457 dated March 14, 2019 and as an Investment Advisor under SEBI (Investment Advisors)
Regulations, 2013 as amended from time to time and the Circulars and Guidelines issued there under from time to time vide SEBI Reg. No.: INA000015729 dated February 03, 2021.
Abakkus is also the Investment Manager to Abakkus Growth Fund, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/AIF3/18-19/0550 dated June 05, 2018, India-Ahead Venture
Trust, a SEBI registered Category I AIF vide SEBI Reg. No.: IN/AIF1/21-22/0976 dated January 25, 2022, India-Ahead Private Equity Trust, a SEBI registered Category II AIF vide SEBI Reg. No.:
IN/AIF2/21-22/0980 dated January 27, 2022 and Abakkus India Equity Trust, a SEBI registered Category III AIF vide SEBI Reg. No.: IN/AIF3/23-24/1326 dated August 9, 2023 under SEBI
(Alternative Investment Fund) Regulations, 2012 as amended from time to time and the Circulars and Guidelines issued there under from time to time collectively referred as the SEBI
Registered Intermediary. The branch office of Abakkus situated at IFSC-GIFT City is registered with the IFSCA as Registered FME (Non-retail) (IFSCA/FME/II/2022-23/041) under IFSCA
(Fund Management) Regulations, 2022.
Disclaimer and Disclosures
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addressed or delivered and must not be reproduced or redistributed in any form to any other person without prior written consent of Abakkus. This website/email/document does
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contents is verified by SEBI. Abakkus retains all the rights in relation to all information contained in the website/email/document(s) and to update the same periodically or otherwise
from time to time. The website/email/document is neither a general offer nor solicitation to avail the service of investment from the SEBI Registered Intermediary under the services
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at any time does not imply that information herein is correct as of any time subsequent to its date. The contents of this website/email/document are provisional and may be subject
to change. In the preparation of the material contained in this website/email/document, Abakkus has used information that is publicly available, certain research reports including
information developed in-house. Abakkus warrants that the contents of this website/email/document are true to the best of its knowledge, however, assume no liability for the
relevance, accuracy or completeness of the contents herein. Abakkus declares that the data and analysis provided shall be for informational purposes. The information contained in
the analysis shall been obtained from various sources and reasonable care would be taken to ensure sources of data to be accurate and reliable. Abakkus will not be responsible for
any error or omission in the data or for any losses suffered on account of information contained in the analysis. While the Abakkus will take due care to ensure that all information
provided is accurate however the Abakkus neither guarantees/warrants the sequence, accuracy, completeness, or timeliness of the report. Neither the Abakkus nor its affiliates or
their partners, directors, employees, agents, or representatives, shall be responsible or liable in any manner, directly or indirectly, for views or opinions expressed in this analysis or the
contents or any systemic errors or discrepancies or for any decisions or actions taken in reliance on the analysis. Abakkus does not take any responsibility for any clerical,
computational, systemic, or other errors in comparison analysis. There can be no assurance that future results, performance or events will be consistent with the information
provided in this document and the past performance, if any is not the guarantee of the future/assured performance. Any decision or action taken by the recipient/visitor of this
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prohibition and observe any such restrictions and/or prohibition. Unauthorized disclosure, use, publication, dissemination or copying (either whole or partial) of this information, is
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partners, employees, agents, or representatives, shall be responsible or liable in any manner, directly or indirectly, for the contents or any errors or discrepancies herein or for any
decisions or actions taken in reliance on the information.
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
 Other disclosures and disclaimers
The person accessing this information specifically agrees to exempt/absolve the Abakkus or any of its affiliates or employees from, any and all responsibility/liability arising from such
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“believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, “objective”, “goal”, “project”, "endeavor" and similar expressions or variations of such expressions that are forward-looking
statements, words, and scenario. Actual results may differ materially from those suggested by the forward-looking statements due to risks, uncertainties, or assumptions. Abakkus
takes no responsibility of updating any data/information. The contents of this website/email/document cannot be copied, reproduced, in whole or in part or otherwise distributed
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Document, the Contribution Agreement/Client Agreement, representations and presentation(s) and other related documents carefully and in its entirety and seek clarification
wherever required from the SEBI Registered Intermediary/Abakkus. Prospective investors should make an independent assessment, and consult their own counsel, business advisor
and tax advisor as to legal, business and tax related matters concerning this document and the other related documents before becoming investing with /though the Abakkus/in the
Fund. The information contained in this website/email/document has been prepared for general guidance and does not constitute a professional advice/assurance and no person
should act upon any information contained herein without obtaining specific professional advice/Assurance. Neither the Abakkus nor its Affiliates or advisors would be held
responsible for any reliance placed on the content of this document or for any decision based on it. Each existing/prospective client, by accepting delivery of this document agrees to
the foregoing. The Investment portfolio are subject to several risk factors including but not limited to political, legal, social, economic, and overall market risks. The recipient alone shall
be fully responsible/are liable for any decision taken on the basis of this document. Abakkus, its partners, employees, PMS clients, AIF scheme(s), Advisory clients may have existing
exposure to the stocks that form part of the PMS portfolio/Advisory portfolio/AIF scheme(s). Further, in view of the investment objective/strategy of the PMS /Advisory and AIF
scheme(s) there may be situations where Abakkus may be selling a stock which is part of the PMS portfolio/Advisory portfolio/AIF scheme as the case may be. Abakkus (including its
affiliates) may offer services in nature of advisory, consultancy, portfolio management, sponsorship of funds, investment management of funds which may conflict with each other.
Abakkus operates from within India and is subject to Indian laws and any dispute shall be resolved in the courts of Mumbai, Maharashtra only.

Alternative Investment Fund (AIF)

As per SEBI Circular No. SEBI/HO/IMD/DF6/CIR/P/2020/24 dated February 05, 2020, details of industry benchmark and AIF level performance versus Benchmark Reports are available at
https://www.crisil.com/en/home/what-we-do/financial-products/alternate-investment-funds-benchmarks.html and https://www.nseindia.com/products-services/aif-benchmark-
report Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600 | For Queries/Grievances - Email – complianceteam@abakkusinvest.com
Portfolio Management Services (PMS)
You may refer the Disclosure Document available at https://abakkusinvest.com/regulatory-disclosure/ for detailed disclosures.
Principal Officer: Mr. Aman Chowhan, Tel: 022-68846600 | Compliance Officer: Mr. Biharilal Deora, Tel: 022-68846600
Investment Advisory Services
You may refer the Disclosure Document available at https://abakkusinvest.com/regulatory-disclosure/ for detailed disclosures.
Principal Officer: Mr. Biharilal Deora, Tel: 022-68846600 | Compliance Officer: Mr. Lijo Varghese, Tel: 022-68846600 Strictly Confidential. For Private Circulation Only, Not For Public Distribution
Contact us

Product related queries write at:

products@abakkusinvest.com

Investor servicing queries write at:

Telephone
022-68846600
abakkus@camsonline.com(AIF)
service@abakkusinvest.com (PMS)
Website
www.abakkusinvest.com
Onboarding queries write at:
Email onboarding@abakkusinvest.com
info@abakkusinvest.com

Call us at 022-68846600 or write at:

info@abakkusinvest.com
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Abakkus Corporate Center,
Param House, 6th Floor,
Off Santacruz – Chembur Link Road,
Adjacent to Primus Residences,
Shanti Nagar, Santacruz East, Mumbai,
Maharashtra 400055

LLPIN: AAM-2364
Strictly Confidential. For Private Circulation Only, Not For Public Distribution
Note: All images mentioned in presentation are for illustration purpose only