Quant Small Cap Fund: Jio Financial, Aadhar Housing and 12 other stocks bought and sold recently
Quant Small Cap Fund had an AUM of Rs 28,205 crore in May and had around 92 stocks in its portfolio in the same period. Here is what the small cap fund bought and sold in May (Source: Quant Mutual Fund)
The small cap fund increased its stake in Jio Financial Services, NCC, and eight other stocks in May. 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 Buildings Construction Corporation in the same period.
The fund reduced its exposure in three stocks. Around 10.82 lakh shares of Aadhar Housing Finance were sold, taking the total number of shares to 16.39 lakh in May from 27.21 lakh in April. Around 7.28 lakh shares of HP Adhesives and 79,555 shares of Delhivery were sold from the portfolio in the month of May.
The fund added around 10 new stocks to 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.
The small cap fund made a complete exit from five stocks, which included Borosil Renewables, Emami, MOIL, Sandur Manganese, and Shipping Corporation in the mentioned period.
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.
Quant Small Cap Fund is benchmarked against NIFTY SMALLCAP 250 TRI. The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, and Sanjeev Sharma.
