HDFC Bank, Jio Financial Services among top stocks bought and sold by Quant Mutual Fund in July
Quant Mutual Fund has increased its stake in HDFC Bank and 24 other stocks in July, whereas it reduced its stake in Jio Financial Services and 25 other stocks in the same period, according to the monthly data released by Prime Database.
The fund house had 21,450 shares of HDFC Bank in its portfolio in June, which were further increased to 27,500 in July. The other 24 stocks where the fund house increased its stake include Adani Enterprises, REC, GMR Airports, JSW Infrastructure, Indian Oil Corporation, HPCL, LIC Housing Finance, Dr. Reddy's Laboratories, Adani Energy Solutions, and Gland Pharma.
Also Read | Jio Financial Services & Reliance Industries among stocks bought and sold by PPFAS Mutual Fund in July
Among these 24 stocks, the maximum number of shares of Power Finance Corporation were added to the portfolio of around 71.81 lakh taking the total number of shares to 89.02 lakh in July against 17.21 lakh in June.Only 5,032 shares of SMS Pharmaceuticals were added to the portfolio in the same time period, taking the total number of shares to 26.92 lakh in July. Sandeep Tandon-led fund house had 14.94 crore shares of Jio Financial Services in July against 16.47 crore in June as it offloaded nearly 1.53 crore shares from the portfolio. The other 25 stocks where the exposure was reduced included Reliance Industries, Grasim Industries, HDFC Life Insurance, Avenue Supermarts, Tata Consumer Products, Container Corporation of India, Jana Small Finance Bank, Larsen & Toubro, Laxmi Dental, and Vodafone Idea.
Among these 25 stocks, the fund house offloaded the maximum number of shares of Reliance Industries, around 1.08 crore, from the portfolio.
The fund house added 18 new stocks in its portfolio in July which included State Bank of India, Anthem Biosciences, Ajanta Pharma, Max Healthcare Institute, Sumitomo Chemical India, JSW Energy, Bosch, Indian Bank, Infosys, Bajaj Finance, Glenmark Pharmaceuticals, Adani Ports & Special Economic Zone, 360 One WAM, and Marathon Nextgen Realty.
A complete exit from 15 stocks was made in July, which includes SBI Cards & Payment Services, NTPC, Divi's Laboratories, Kotak Mahindra Bank, Eternal, Crompton Greaves Consumer Electricals, Hindustan Copper, Apollo Hospitals, and Nestle India.
Around 55.51 lakh shares of NMDC were sold from the portfolio worth Rs 38.86 crore in market value.There were around 14 unique stocks in the portfolio of the fund house which included Best Agrolife, Brooks Laboratories, Om Infra, Rossell India, Rossell Techsys, HP Adhesives, Lancer Container Lines, Brooks Laboratories, and Nahar Spinning Mills.In the industry-wise shareholding, the fund house had the highest allocation in financial services of around 20.21%, 16.08% in consumer discretionary, 12.70% in energy, and 11.56% in healthcare.
Also Read | 7 equity mutual funds multiply lumpsum investments by over 2x in 3 years
The fund house had 11.39% in industrials, 7.83% in commodities, 7.25% in utilities, 6.89% in FMCG, 2.61% in telecommunication, 2.38% in services, 0.71% in diversified, and 0.38% in information technology.There were no foreign equity holdings in the portfolio of the fund house in the mentioned period.The assets under management (AUM) of the fund house has gone up from Rs 99,090 crore in June to Rs 96,354 crore in July, and it manages 29 funds as of July 31, 2025. Out of these six funds, 21 are equity-oriented, five are hybrid, and three are debt funds.Among the 29 funds managed by the fund house, Quant Small Cap Fund is the largest fund with an AUM of Rs 29,462 crore as on July 31, 2025, followed by Quant ELSS Tax Saver Fund, which had an AUM of Rs 11,649 crore. Quant Overnight Fund is the smallest fund managed by the fund house with an AUM of Rs 91.77 crore.Considering all funds managed by the fund house and the percentage of total AUM of three different categories, around 90.83% is invested in equity, 7.35% in hybrid, and 1.82% in debt.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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