Latest news with #SandeepTandon-led
Economic Times
21 hours ago
- Business
- Economic Times
HDFC Bank, Jio Financial Services among top stocks bought and sold by Quant Mutual Fund in July
Quant Mutual Fund adjusted its portfolio in July. It increased holdings in HDFC Bank and 24 other stocks. 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 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 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 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 were no foreign equity holdings in the portfolio of the fund house in the mentioned 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 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 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)
Time of India
a day ago
- Business
- Time of India
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 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 Crossout: New Apocalyptic MMO Crossout Play Now Undo 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. Live Events 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)
Time of India
02-08-2025
- Business
- Time of India
Quant Mutual Fund receives final nod from Sebi to launch India's first Specialized Investment Fund in August
Quant Mutual Fund has announced that it has received the final approval from Sebi to launch India's first Specialized Investment Fund (SIF), making it the first asset management company (AMC) in India to receive the market regulator's approval for a SIF. The fund house's first offering under the SIF framework - the ' QSIF Equity Long-Short Fund ' – is scheduled for launch in August 2025 and the fund house also hinted at additional equity and hybrid SIF offerings in the coming months. 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 » 'We are pleased to announce that we have received SEBI approval for India's first investment strategy under the SIF framework — the 'qsif Equity Long-Short Fund' – scheduled for launch in August 2025. Additional equity and hybrid SIF offerings are also planned in the coming months. In parallel, we will dedicate our efforts towards educating the target audience about these products,' Quant Mutual Fund said in its monthly release. While mentioning about the suitability, the fund house said that the product category is suitable for sophisticated investors who are well-versed with financial markets and possess a relatively high risk appetite, seeking more evolved investment strategies. Live Events SIFs can take long & short positions to benefit from rising & falling markets and can deploy derivative instruments extensively as part of core investment strategy with enhanced risk mitigation tools, the release further mentioned. The Sandeep Tandon-led fund house in its June monthly release informed its investor base of nearly 95 lacs folios that the fund house was the first recipient of SEBI license for the Specialized Investment Fund (SIF) – the Long-Short fund in equity, debt and hybrid categories and this product category is suitable for sophisticated investors who are well-versed with financial markets and possess a relatively high-risk appetite and seeking more evolved investment strategies. 'Going forward, we will be unveiling a separate brand identity, separate website and communication portal specifically for SIFs. Over the coming weeks and months, we will dedicate our efforts towards educating the target audience about these products,' the fund house had said in the June release. As of now some other fund houses such as Edelweiss Mutual Fund, Mirae Asset Mutual Fund, SBI Mutual Fund, ITI Mutual Fund, DSP Mutual Fund have launched their SIF investment platform but are yet to announce their products. What is Specialized Investment Fund - Sebi's new asset class The market regulator Sebi has introduced a Specialized Investment Fund (SIF) framework to bridge the gap between mutual funds (MFs) and portfolio management services (PMS) and it aims to provide sophisticated investors with more flexible investment opportunities while ensuring regulatory oversight. The new framework is effective from April 1, 2025. Investment Strategies Under SIFs SIFs will offer multiple investment strategies across equity, debt, and hybrid asset classes. There will be three equity oriented investment strategies - equity long short fund, equity ex-top 100 long-short fund, and sector rotation long-short fund. In Equity Long-Short Fund, the minimum investment in equity and equity related instruments will be 80% and maximum short exposure through unhedged derivative positions in equity and equity related instruments will be 25%, according to Sebi's circular. Also Read | Explained: What does Sebi's new asset class Specialized Investment Fund offer Quant Mutual Fund on opportunities The portfolio at Quant Mutual Fund remains tilted towards large caps, overall liquidity of the portfolio is good and select mid and small caps exposure has been increased in most of the equity and hybrid schemes, the fund house said. It finds select buying opportunities in certain sectors viz. PSU, Infrastructure, Hotels & Hospitality, Pharmaceuticals, Consumption and Telecom. Commenting on precious metals, Quant Mutual Fund said that August month tends to be, seasonally, more bullish for Gold and the fund house analysis have endorsed that Gold has peaked out around $ 3,500/Oz. and a medium-term top is in place and it has potential to correct by 12-15% in dollar terms over the next two months. The fund house further said that their medium-term and long-term views are equally constructive and a meaningful percentage of the portfolio should be dedicated towards precious metals. Though for crude oil and Bitcoin , August is seasonally a bullish month, the predictive analytics by the fund house are showing early signs of weakness and crude and other commodities can correct over the next two months as DXY has already bottomed out and it will recover further in the short-term, the monthly release said. For global equity, the fund house said, 'Seasonally, August is mildly bearish and the US market is now showing signs of complacency and quant's vulnerability indicators are spiking. When we combine these with Volatility Analytics, then a more defensive approach in rebalancing and reconstructing the portfolio is warranted, even as the geopolitical environment remains constructive.' Quant Mutual Fund continues to believe that a significant US Dollar devaluation is the only practical way to address the US' spiraling debt crisis and the relevance of global central banks is declining as they are unable to control inflation and bring about effective revival in economic conditions.' Also Read | Wealth creators: 12 equity mutual funds turn Rs 10,000 SIP to over Rs 10 crore since their inception After the recent tariff imposed by US President Donald Trump , the fund house said that since exports to the US specifically account for INR 1 of every INR 6 earned in total exports, estimates suggest a notable impact of ca. 0.5% of Indian GDP annually. 'Moreover, Trump warned of an additional, unspecified 'Penalty' on India for its continued trade with Russia, thus leaving a fair amount of uncertainty to chew on for the markets. The only ray of hope is pharmaceuticals, which has been exempted so far, and thus India generics appear to be a relatively safe sector,' it further said. The fund house lastly appreciated the continued trust and confidence by investors in Quant Mutual Fund and as we navigate changing markets, our commitment remains focused on disciplined investing and long-term value.
Economic Times
02-08-2025
- Business
- Economic Times
Quant Mutual Fund receives final nod from Sebi to launch India's first Specialized Investment Fund in August
Quant Mutual Fund to launch India's first SIF in August 2025, offering long-short equity exposure for seasoned investors seeking evolved investment strategies. Quant Mutual Fund has announced that it has received the final approval from Sebi to launch India's first Specialized Investment Fund (SIF), making it the first asset management company (AMC) in India to receive the market regulator's approval for a SIF. The fund house's first offering under the SIF framework - the 'QSIF Equity Long-Short Fund' – is scheduled for launch in August 2025 and the fund house also hinted at additional equity and hybrid SIF offerings in the coming months. Also Read | NFO Insight: Quant Mutual Fund's equity saving fund opens for subscription. Should you add this in current market scenario? 'We are pleased to announce that we have received SEBI approval for India's first investment strategy under the SIF framework — the 'qsif Equity Long-Short Fund' – scheduled for launch in August 2025. Additional equity and hybrid SIF offerings are also planned in the coming months. In parallel, we will dedicate our efforts towards educating the target audience about these products,' Quant Mutual Fund said in its monthly mentioning about the suitability, the fund house said that the product category is suitable for sophisticated investors who are well-versed with financial markets and possess a relatively high risk appetite, seeking more evolved investment strategies. SIFs can take long & short positions to benefit from rising & falling markets and can deploy derivative instruments extensively as part of core investment strategy with enhanced risk mitigation tools, the release further mentioned. The Sandeep Tandon-led fund house in its June monthly release informed its investor base of nearly 95 lacs folios that the fund house was the first recipient of SEBI license for the Specialized Investment Fund (SIF) – the Long-Short fund in equity, debt and hybrid categories and this product category is suitable for sophisticated investors who are well-versed with financial markets and possess a relatively high-risk appetite and seeking more evolved investment strategies.'Going forward, we will be unveiling a separate brand identity, separate website and communication portal specifically for SIFs. Over the coming weeks and months, we will dedicate our efforts towards educating the target audience about these products,' the fund house had said in the June of now some other fund houses such as Edelweiss Mutual Fund, Mirae Asset Mutual Fund, SBI Mutual Fund, ITI Mutual Fund, DSP Mutual Fund have launched their SIF investment platform but are yet to announce their products. The market regulator Sebi has introduced a Specialized Investment Fund (SIF) framework to bridge the gap between mutual funds (MFs) and portfolio management services (PMS) and it aims to provide sophisticated investors with more flexible investment opportunities while ensuring regulatory oversight. The new framework is effective from April 1, will offer multiple investment strategies across equity, debt, and hybrid asset classes. There will be three equity oriented investment strategies - equity long short fund, equity ex-top 100 long-short fund, and sector rotation long-short Equity Long-Short Fund, the minimum investment in equity and equity related instruments will be 80% and maximum short exposure through unhedged derivative positions in equity and equity related instruments will be 25%, according to Sebi's circular. Also Read | Explained: What does Sebi's new asset class Specialized Investment Fund offer The portfolio at Quant Mutual Fund remains tilted towards large caps, overall liquidity of the portfolio is good and select mid and small caps exposure has been increased in most of the equity and hybrid schemes, the fund house said. It finds select buying opportunities in certain sectors viz. PSU, Infrastructure, Hotels & Hospitality, Pharmaceuticals, Consumption and Telecom. Commenting on precious metals, Quant Mutual Fund said that August month tends to be, seasonally, more bullish for Gold and the fund house analysis have endorsed that Gold has peaked out around $ 3,500/Oz. and a medium-term top is in place and it has potential to correct by 12-15% in dollar terms over the next two months. The fund house further said that their medium-term and long-term views are equally constructive and a meaningful percentage of the portfolio should be dedicated towards precious metals. Though for crude oil and Bitcoin, August is seasonally a bullish month, the predictive analytics by the fund house are showing early signs of weakness and crude and other commodities can correct over the next two months as DXY has already bottomed out and it will recover further in the short-term, the monthly release said. For global equity, the fund house said, 'Seasonally, August is mildly bearish and the US market is now showing signs of complacency and quant's vulnerability indicators are spiking. When we combine these with Volatility Analytics, then a more defensive approach in rebalancing and reconstructing the portfolio is warranted, even as the geopolitical environment remains constructive.'Quant Mutual Fund continues to believe that a significant US Dollar devaluation is the only practical way to address the US' spiraling debt crisis and the relevance of global central banks is declining as they are unable to control inflation and bring about effective revival in economic conditions.' Also Read | Wealth creators: 12 equity mutual funds turn Rs 10,000 SIP to over Rs 10 crore since their inception After the recent tariff imposed by US President Donald Trump, the fund house said that since exports to the US specifically account for INR 1 of every INR 6 earned in total exports, estimates suggest a notable impact of ca. 0.5% of Indian GDP annually. 'Moreover, Trump warned of an additional, unspecified 'Penalty' on India for its continued trade with Russia, thus leaving a fair amount of uncertainty to chew on for the markets. The only ray of hope is pharmaceuticals, which has been exempted so far, and thus India generics appear to be a relatively safe sector,' it further fund house lastly appreciated the continued trust and confidence by investors in Quant Mutual Fund and as we navigate changing markets, our commitment remains focused on disciplined investing and long-term value.
Time of India
05-07-2025
- Business
- Time of India
Quant Mutual Fund raises mid and small cap allocation across equity and hybrid funds, sees buying opportunity in 7 sectors
Quant Mutual Fund has said their overall portfolio remains tilted towards largecaps, and the exposure in select mid and small caps has been increased in most of their equity and hybrid funds. The fund house believes that select buying opportunities are visible in certain sectors viz. PSU, Infrastructure, Hotels & Hospitality, Pharmaceuticals, Materials, Retail and Telecom. 'Our portfolio at Quant Mutual Fund remains tilted towards large caps and overall liquidity of the portfolio is good; select mid and small caps exposure has been increased in most of the equity and hybrid schemes. We reiterate that select buying opportunities are visible in certain sectors viz. PSU, Infrastructure, Hotels & Hospitality, Pharmaceuticals, Materials, Retail and Telecom,' the fund house said in its monthly release. Also Read | Equity mutual funds offer up to 32% return in first six months of 2025. Sectoral, thematic funds rule return chart 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 Benefits of Trading Bitcoin CFDs IC Markets Learn More Undo The fund house's 'predictive analytics' continues to endorse risk-on for India, and with the right policy support, India stands a good chance of benefiting from global supply chain shifts in the medium-term. 'With a large domestic market (as large as China's in 2006-07), India can bank upon strong manufacturing-led growth for many years ahead,' the release further said. The non-linearity in global macro-economic trends is increasing as financial markets are now more driven by geopolitical volatility, fiscal and policy interventions and the fund house expects both QE & QT to coexist through this decade as indices related to global uncertainties will remain elevated for long. Live Events 'We continue to believe that a significant US Dollar devaluation is the only practical way to address US' spiraling debt crisis. The only question is how this will be carried out or triggered,' the release highlights. On the geopolitical front, the US-China trade war bumped in to some degree of de-escalation as the US agreed to a 90-day truce to reduce tariffs on Chinese imports to 30% from 145% earlier. After disputes over critical minerals and US accusations of trade deal violations, the pause offers temporary relief. The Sandeep Tandon-led fund house believes that there is definitely a sense of resilience being exhibited by global markets, shrugging off armed conflicts, tariff-induced inflation and economic slowdowns. The US' 'Big Beautiful Bill,' aimed at boosting domestic manufacturing through subsidies, has sparked optimism in industrial stocks but raised concerns about rising deficits. The US 10-year Treasury yield climbed to 4.50%, reflecting higher inflation expectations and reduced appeal of bonds. Change in nomenclature The monthly release further mentioned that the fund house has revised the names of the four schemes with effect from June 30, 2025 which is in line with SEBI's directive to the mutual fund industry. 'SEBI aims to improve transparency, comparability and investor understanding by standardizing how mutual fund schemes are classified, disclosed and communicated to investors. No action is needed at your end about your existing investments with us. All new investments into the following schemes made on or after 30th June, 2025 will have to be made under the revised nomenclature,' the release highlighted. 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 Quant ESG Equity Fund is known as Quant ESG Integration Strategy Fund. The release further informed about the upcoming NFO of Quant Equity Savings Fund which will open for subscription on July 7 and close on July 21 and the fund is designed to help investors capitalize on long-term equity growth opportunities and accrual income through arbitrage and high-quality bonds. New fund offer (NFO) While commenting on why one should go for Quant Equity Savings Fund, the fund house said that this fund is an 'All-weather' scheme with moderate risk and a tax efficient alternative for risk-averse investors, including first time equity investors and investors migrating from fixed deposits, seeking lower volatility as compared to traditional equity funds and long-term wealth creation. The Quant Equity Savings Fund's equity portfolio will be managed as a flexi cap investment strategy with a large cap bias for stability and limited exposure to mid/ small-cap stocks in a relatively stable environment. Secondly, the arbitrage and hedging strategy will protect the portfolio in the risk-averse phase. And lastly, the scheme's debt portfolio seeks to generate stable accrual income by investing in high-quality corporate bonds and government securities with low credit risk and dynamic duration management based on interest rate outlook. The scheme will be rebalanced across market cycles through 'Predictive Analytics' tools and the VLRT Framework with a focus on delivering superior risk-adjusted returns and lower drawdowns during market corrections through dynamic asset allocation and hedging. Also Read | MF Tracker: Can this multi asset fund with top sharpe ratio sustain its outperformance? Quant Equity Savings Fund combines twin objectives of stability and growth to help risk-averse investors with their long-term wealth creation goal. Quant Mutual Fund further appreciated the continued trust and confidence by the investors' in the fund house. 'As we navigate changing markets, our commitment remains focused on disciplined investing and long-term value. Should you have any questions or need assistance, our team is here to help,' the fund house said.
