Latest news with #QuantMutualFund
Reuters
5 days ago
- Business
- Reuters
Indian fund managers line up long-short equity funds for wealthy
MUMBAI, July 16 (Reuters) - At least ten Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the regulator approved the strategy earlier this year, according to executives at these firms and public filings. The new category of investment funds were first announced last year as a way to offer sophisticated investors a wider range of options. Under the new rules, which kicked in on April 1, Indian mutual funds can now offer long-short equity funds - where fund managers take both long- and short-positions - under a new category called "Specialised Investment Fund" (SIF) with a minimum investment size of 1 million rupees ($11,663.51). ICICI Prudential Mutual Fund, Quant Mutual Fund, SBI Mutual fund and ITI Mutual Fund are already approved to launch the product, according to public disclosures and spokespeople of these firms. The CEOs of Edelweiss Mutual Fund and Mirae Asset Investment Managers, a unit of South Korea's Mirae Asset Financial Group, are awaiting approval to launch a hybrid long-short fund and an equity long-short fund respectively, they confirmed to Reuters. Nippon India mutual fund is awaiting approval to launch a long-short fund. "We see a lot of potential in this category similar to what we have seen in alternative investment funds who have been able to amass assets with these long-short strategies," said Jatinder Pal Singh, CEO of ITI Mutual Fund. India's 48 asset managers manage 72.20 trillion rupees in assets. Hedge funds and quant firms such as AlphaGrep Investment Management, Abakkus Asset Management, Carnelian Capital, and Ask Investment Managers have applied for mutual fund licences, a prerequisite for launching SIFs, executives at these firms said, declining to be named. The funds did not respond to Reuters emails seeking details. SIFs allow fund managers more independence to structure their funds, said Ashish Gupta, chief investment officer at Axis Mutual Fund, also awaiting regulatory approval to launch SIFs. These funds are also permitted to trade derivatives and could help increase institutional participation in the derivatives market, where the regulator is seeking to widen the investor base and reduce speculation. "Potentially this could help in reducing the speculative nature of options trading but would depend on strategies being rolled out and how much assets they get," Gupta said. Global trading firms have increased their presence in India's growing derivatives market in the last year, but institutional participation from Indian funds is limited. Proprietary traders made up 52.3% of total derivatives traders as of April, with retail at 33.6%, while domestic institutions - which include mutual funds - made up only 0.2% of total derivative traders, NSE data showed. ($1 = 85.5450 Indian rupees)
Time of India
7 days ago
- Business
- Time of India
Mutual funds slashes cash allocation by Rs 13,000 crore in June; PPFAS and Quant MF join trend
Mutual funds have reduced their overall cash allocation by Rs 13,000 crore on a monthly basis to Rs 2.04 lakh crore and the cash allocation as a percentage of total AUM also went down to 5.08% in June. PPFAS Mutual Fund and Quant Mutual Fund have reduced their cash allocation in the said period. The overall cash allocation in May was recorded at Rs 2.17 lakh crore and the total cash allocation as a percentage of total AUM was 5.66% in May. The total equity AUM in June was recorded at Rs 40.19 lakh crore. Also Read | Nearly 112 lakh SIPs closed in 2025: Should you worry about the negative net SIP trend? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Among the 45 fund houses now, four had over Rs 20,000 cash in their portfolios in the said period. SBI Mutual Fund , the largest fund house, had the highest cash allocation in its portfolio in June of Rs 34,654 crore which was 4.68% of the total AUM. ICICI Prudential Mutual Fund had Rs 28,196 crore cash in its portfolio in June, followed by HDFC Mutual Fund which had Rs 27,012 crore cash in its portfolio. PPFAS Mutual Fund had Rs 22,778 crore cash in its portfolio which was 19.65% of the total AUM in June against 21.62% in May. Live Events PPFAS in its monthly release said that, 'We have about 21.85% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long term investments at appropriate levels.' Also Read | Parag Parikh Flexi Cap Fund increases stake in ITC, Coal India, and 10 other stocks in June Motilal Oswal Mutual Fund and Nippon India Mutual Fund had Rs 8,994 crore and Rs 7,960 crore cash in their respective portfolios. Quant Mutual Fund had Rs 6,531 crore cash in its portfolio which was 7.25% of the total AUM in June. This allocation was 10.35% in May and the fund house had Rs 9,028 crore cash in its portfolio. Mirae Asset Mutual Fund had Rs 2,600 crore cash in its portfolio in June which was 1.61% of the total AUM. Around 21 fund houses had less than Rs 1,000 crore cash in their portfolios of which 10 had less than Rs 100 crore cash. Trust Mutual Fund and Samco Mutual Fund had Rs 90.09 crore and Rs 62.14 crore cash respectively in their portfolios. Unifi Mutual Fund which is a new entrant in the mutual fund industry had Rs 29.74 crore cash in its portfolio. Zerodha Mutual Fund and Angel One Mutual Fund had Rs 0.69 crore and Rs 0.55 crore cash respectively in their portfolios. Also Read | Mazagon Dock and CONCOR among stocks bought and sold by mutual funds in June Based on cash as a percentage of AUM, Unifi Mutual Fund had the 25.46% cash as a percentage of AUM because of a small base as the fund house is a new entrant in the mutual fund industry. PPFAS Mutual Fund had 19.65% cash as a percentage of AUM, followed by WhiteOak Capital Mutual Fund had 12.65% cash as a percentage of AUM. Fund managers are allowed to keep a part of their portfolio in cash to meet events like redemptions or make investments when they see a possible opportunity in the market.
Economic Times
09-07-2025
- Business
- Economic Times
Quant Small Cap Fund adds Siemens Energy India, 5 others; exits ITC in June
Quant Small Cap Fund made portfolio adjustments in June. The fund introduced Siemens Energy India and five other stocks. Quant Small Cap Fund, the largest scheme managed by Quant Mutual Fund, added Siemens Energy India and five other stocks to its portfolio in June, while making a complete exit from ITC and one additional stock during the same period. In June, the fund added 7.20 lakh shares of Siemens Energy India. It also picked up 2.84 crore shares of Capri Global Capital, 79.62 lakh shares of Embassy Developments, and 47.01 lakh warrants of Suven Life Sciences. Additionally, it acquired 14.65 lakh shares of Oswal Pumps and 14.25 lakh shares of Digitide Solutions during the same month. Also Read | NFO Insight: Quant Mutual Fund's equity saving fund opens for subscription. Should you add this in current market scenario? The fund sold 3.49 lakh shares of ITC and 79.62 lakh shares of Equinox India Developments from its portfolio in June. During the same period, it increased its stake in 11 stocks. The fund added 83.87 lakh shares of ONGC, raising its total holding to 1.83 crore shares in June, up from 1 crore shares in May. The fund also purchased 47.90 lakh shares of Welspun Living and 40.36 lakh shares of National Buildings Construction Corporation (NBCC). Additionally, the fund increased its holding in Delhivery by 28,471 shares and added 2.70 lakh shares of Zydus Wellness. Other stocks where it raised stake include Vinati Organics, Stanley Lifestyles, SMS Pharmaceuticals, Poly Medicure, Laxmi Dental, and Anand Rathi Wealth. The fund also trimmed its exposure in two stocks during the month. It sold 6.84 lakh shares of Aadhar Housing Finance, reducing its holding to 9.55 lakh shares in June, down from 16.39 lakh shares in May. Similarly, it sold 6.81 lakh shares of HP Adhesives, bringing the total holding down to 11.83 lakh shares in June from 18.65 lakh shares in May. Also Read | 12 equity mutual funds offer over 25% CAGR in 5 years, smallcap funds lead The exposure in around 77 stocks remained unchanged, including Adani Enterprises, Adani Power, Bata India, BASF India, Bayer Cropscience, Castrol India, EID Parry (India), Jana Small Finance Bank, Jio Financial Services, Juniper Hotels, Piramal Enterprises, RBL Bank, Reliance Industries, Sanofi India, Sula Vineyards, and Welspun assets under management (AUM) of the fund stood at Rs 29,629 crore as of June 30, 2025. In June, the fund held 96 stocks, up from 92 stocks in primary investment objective of the scheme is to generate capital appreciation and provide long-term growth opportunities by investing in a diversified portfolio of small-cap on October 29, 1996, the fund is benchmarked against the Nifty Smallcap 250 TRI and is managed by Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, and Sanjeev Sharma. Also Read | Mid and small cap allocation rises across equity and hybrid funds, buying opportunity in 7 sectors: Quant Mutual Fund According to the monthly release by the fund house, Quant Small Cap Fund invests the majority of its portfolio in small-cap stocks. The portfolio is constructed from both a medium-term and long-term perspective, making the scheme apt for long-term investors.
Time of India
09-07-2025
- Business
- Time of India
Best small cap mutual funds to invest in July 2025
Small cap mutual funds that invest in the stocks of very small companies have given over 26.38% in 2024. In May 2025, the small cap funds again gained investors' interest and received an inflow of Rs 3,214 crore. The talk about the higher valuations in the small cap space and the recent volatility in the market are forcing many investors to accept that a correction may be around the corner. Mutual fund managers and advisors say the valuations are rich but investors can continue to invest in small cap schemes to create wealth over a long period. According to many mutual fund advisors, even though the small cap segment has run up a lot in the last six months, investors can still invest in these schemes in a staggered manner to create wealth over a long period. Also Read | NFO Insight: Quant Mutual Fund's equity saving fund opens for subscription. Should you add this in current market scenario? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Small cap schemes invest in very small companies or their stocks. According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments. That is why investing in small cap stocks is considered extremely risky; the small cap segment can also be extremely volatile, especially in the short term. That is why small cap schemes are recommended only to aggressive investors with a very high risk appetite and very long investment horizon. Should you invest in small cap funds? Are you wondering why anyone would take so much risk investing in small cap schemes? These schemes also have the potential to offer very high returns over a long period. For example, the small cap category offered an average return of 19% over 10 years. However, to pocket such fabulous returns you must be prepared to take so much risk and volatility. Live Events It is not very easy to identify winners in the small cap segment. Many of these companies are unknown. They are also under-researched. Their management can be unscrupulous and they can make big claims that can be bogus. Sometimes the management along with market operators can drive up prices. These are some of the reasons why the market rewards and punishes these companies disproportionately. If these companies succeed, the market will be after these stocks and investors will suddenly have multi-baggers in their portfolio. However, if they falter, the stocks would be severely punished. Overnight the stocks can become absolute dud. In short, investing in small caps is not a child's play. You will have to find successful fund managers who specialise in small cap stocks. You should also pay attention to how the schemes fared during the market downturn. Also Read | 12 equity mutual funds offer over 25% CAGR in 5 years, smallcap funds lead Here are some small cap schemes you can invest to create wealth over a long period. Follow our monthly updates to keep track of the performance of these schemes. Axis Small Cap Fund has been in the third quartile for 26 months now. The scheme had been in the fourth quartile for two months before that. SBI Small Cap Fund has been in the fourth quartile in the last month. The scheme had been in the third quartile earlier. Kotak Small Cap Fund has been in the fourth quarter in the last two months. The scheme had been in the third quartile earlier. Nippon India Small Cap Fund had been in the first quartile for the last three months. Best small cap funds to invest in July 2025: Axis Small Cap Fund SBI Small Cap Fund Kotak Small Cap Fund Nippon India Small Cap Fund Our methodology: ETMutualFunds has employed the following parameters for shortlisting the Equity mutual fund schemes. 1. Mean rolling returns: Rolled daily for the last three years. 2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H. i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast. ii) When H <0.5, the series is said to mean reverting. iii) When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure. X =Returns below zero Y = Sum of all squares of X Z = Y/number of days taken for computing the ratio Downside risk = Square root of Z 4. Outperformance: It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market. Average returns generated by the MF Scheme = [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate} 5. Asset size: For Equity funds, the threshold asset size is Rs 50 crore
Time of India
08-07-2025
- Business
- Time of India
Quant Mutual Fund announces change in SIP amount under its flexi cap fund
Quant Mutual Fund has announced a change in SIP amount under its flexi cap fund - Quant Flexi Cap Fund . The fund house informed this change through a notice cum addendum. The changes will be effective from July 14. The minimum SIP amount will be reduced from Rs 1,000 to Rs 250. The notice cum addendum said all the other provisions and terms and conditions of the scheme shall remain unchanged. It further said that this Notice-cum-Addendum shall form an integral part of the SID and KIM issued for the scheme read with the addenda issued thereunder. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like They Are Unstoppable: The Most Beautiful and Talented Female Athletes Undo Also Read | Mid and small cap allocation rises across equity and hybrid funds, buying opportunity in 7 sectors: Quant Mutual Fund Introduction of Choti SIP Facility The fund house in another notice-cum-addendum said that it has introduced Choti SIP in its flexi cap fund which will be effective from July 14. Live Events Investors can avail Choti SIP by investing via Systematic Investment Plan ('SIP') in quant Flexi Cap Fund of the Fund with Rs 250. The minimum number of instalments/investments for availing Choti SIP shall be 60, however, early withdrawal of the instalments/investments shall not be restricted. The Choti SIP will be available only to first-time individual investors in the industry and will be restricted to three SIPs (one in each of up to 3 Asset Management Companies). Any Investor having investments in schemes of any mutual fund or any SIP other than Choti SIP or a lumpsum investment across any mutual fund shall be considered ineligible under Choti SIP. The Choti SIP will be available under the growth option of Quant Flexi Cap Fund with only monthly and fortnightly frequency. The mode of payment/investment for Choti SIP shall be restricted to NACH and UPI auto pay only. All statutory disclosures to unitholders of Chhoti SIPs shall be through SMS/WhatsApp on a valid and registered mobile number and email id (if provided by the investor). Change in minimum redemption amount under Quant Arbitrage Fund In another notice-cum-addendum, the fund house announced the change in minimum redemption amount under Quant Arbitrage Fund which will be effective from July 14. The minimum redemption amount (including switch-out) will be reduced from Rs 1,000 to Re 1 under Quant Arbitrage Fund. All the other provisions and terms and conditions of the scheme shall remain unchanged. This Notice-cum-Addendum shall form an integral part of the SID and KIM issued for the scheme read with the addenda issued thereunder. Last month, the fund house announced the change in name of four funds. The changes are effective from June 30. Also Read | Quant Mutual Fund announces change in name of 4 funds Quant Absolute Fund is renamed as Quant Aggressive Hybrid Fund. Quant Active Fund is renamed as Quant Multi Cap Fund. The name of Quant Multi Asset Fund is changed to Quant Multi Asset Allocation Fund. And lastly, Quant ESG Equity Fund is known as Quant ESG Integration Strategy Fund.
