Quant Small Cap Fund added 16 new stocks in February while exiting in 12. Check details
Quant Small Cap Fund(G) showed robust performance with a major portfolio overhaul in February. The fund strategically adjusted its holdings, showcasing a balanced approach. As of March 24, 2024, the fund continues to maintain a diverse portfolio with significant investments in various companies. The scheme is benchmarked against NIFTY Small Cap 250 TRI which has delivered returns of 68.80% over a 1-year period.
Quant Small Cap Fund(G) scheme which is among the schemes which boasts of highest 1-year returns among its peers at 71% witnessed significant rejig in February with a dozen new making their way into the scheme while 16 stocks making a complete exit.The scheme is benchmarked against which has delivered returns of 68.80% over a 1-year period.
In value terms, the fund took the highest exposure in Bharti Electronics buying shares worth over Rs 61.53 crore. It was followed by (Rs 48 crore) and (Rs 47 crore).
Here is a complete list of the stocks that were bought in February by this fund:
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Here is a complete list of the stocks that were sold in full by this fund:
The Ace Equities data showed that there were 78 other stocks in Quant Small Cap Fund(G) portfolio in February which were present in January as well. In this, Quant bought additional shares in 23 stocks including , Aegis Logistics, Anand Rathi Wealth, Bikaji Foods International, EID Parry, Hindalco Industries and HUDCO in February on a month-on-month basis while off-loading partial stakes in 4 stocks including TV18 Broadcast, Network 18 Media & Investments, KPI Green Energy and FDC.
As on March 24, 2024, its top holdings as a percentage of NAV were in (RIL), Jio Financial Services, Bikaji, Adani Power, and state-run contributing between 9.90% and over 2.23%.
The scheme was launched in October 1996 and currently manages assets worth Rs 17,193 crore.
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(With inputs from Surbhi Khanna)
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Source: Stocks-Markets-Economic Times
