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Quant Small Cap Fund increases stake in Jio Financial Services, NCC and reduces in Aadhar Housing Finance

Quant Small Cap Fund increases stake in Jio Financial Services, NCC and reduces in Aadhar Housing Finance

Time of India20 hours ago

Quant Small Cap Fund
, the largest fund managed by
Quant Mutual Fund
, has increased its stake in
Jio Financial Services
,
NCC
, and eight other stocks in May. On the other hand, the fund reduced its stake in
Aadhar Housing Finance
and two other stocks in the same period.
Around 33.68 lakh shares of Jio Financial Services were added to the portfolio taking the total number of shares to 5.59 crore in May against 5.26 crore in April. The fund added 1.55 crore shares of National Building Construction Corporation, followed by adding 4.05 lakh shares of NCC in the same period.
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The small cap fund added shares of
SMS Pharmaceuticals
,
Bata India
,
Stanley Lifestyles
,
Alivus Life Sciences
,
Afcons Infrastructure
,
Poly Medicure
,
Bayer Cropscience
to its portfolio in the said time period.
The shares of Aadhar Housing Finance were reduced from the portfolio as around 10.82 lakh shares were sold taking the total number of shares to 16.39 lakh in May from 27.21 lakh in April.
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Around 7.28 lakh shares of
HP Adhesives
and 79,555 shares of
Delhivery
were sold out from the portfolio in the month of May.
The fund added around 10 new stocks in its portfolio which included
Vinati Organics
,
PG Electroplast
,
Newgen Software Technologies
, Mahindra Holidays & Resorts, Laxmi Dental, K.P.R Mill,
ITC
, Chambal Fertilizers & Chemicals, Aditya Birla Lifestyle Brands, Aarti Industries in the mentioned period.
Among these 10 stocks, around 3.22 crore shares of Aditya Birla Lifestyle Brands were added to the portfolio, followed by 36.36 lakh shares of Aarti Industries.
The small cap fund made complete exit from five stocks which included Borosil Renewables, Emami, MOIL, Sandur Manganese, Shipping Corporation in the mentioned period. Out of these five stocks, around 43.49 lakh shares of Shipping Corporation of India were sold out, followed by 12.94 lakh shares of Sandur Manganese & Iron Ores.
The exposure in 69 stocks remained unchanged in the month of May which includes Zydus Wellness, Adani Enterprises, Adani Power, Aditya Birla Fashion And Retail, Castrol India, EPL, Gujarat State Fertilizers & Chemicals, Jana Small Finance Bank, Juniper Hotels, Life Insurance Corporation of India, ONGC, RBL Bank, RIL, Welspun India, and Welspun Enterprises.
The fund had around 92 stocks in its portfolio in May against 87 in April. The AUM of the fund was recorded at Rs 28,205 crore in May.
Also Read |
MF Tracker: Can this smallcap mutual fund add value to your portfolio?
The primary investment objective of the scheme is to seek to generate capital appreciation and provide long-term growth opportunities by investing in a portfolio of small cap companies. The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma.
Quant Small Cap Fund is benchmarked against NIFTY SMALLCAP 250 TRI .
The small cap fund invests the majority of its portfolio in small-cap stocks and the portfolio is constructed from both the medium-term and long-term perspective and this scheme is apt for long-term investors. The bulk of the portfolio is invested in high growth companies with attractive valuation and is relatively under-owned.

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