Key facts
- Quant Small Cap Fund increased its holdings in Adani Enterprises and eight other stocks in May.
- The fund reduced its exposure to Aurobindo Pharma and four other stocks.
- New additions to the portfolio included Apollo Tyres, Exide Industries, Heritage Foods, Kaynes Technology India, Sona BLW Precision Forgings, and Viyash Scientific.
- The fund exited BASF India, Minda Corporation, and Sequent Scientific.
- The fund's Assets Under Management (AUM) stood at Rs 31,774 crore as of May 31.
Quant Small Cap Fund has adjusted its portfolio holdings in May, notably increasing its stake in Adani Enterprises and eight other companies while trimming positions in Aurobindo Pharma and four others.
The fund added 2.59 lakh shares of Adani Enterprises, bringing its total holding to 30.24 lakh shares, up from 27.64 lakh shares in April. Significant additions were also made to Adani Green Energy, with approximately 15.12 lakh shares purchased, and Blackbuck, with 6.54 lakh shares added.
Other companies that saw increased exposure include Black Box, Kalyani Steels, Manappuram Finance, PTC India, Safari Industries (India), and Strides Pharma Science. The fund also made complete exits from BASF India, Minda Corporation, and Sequent Scientific.
Conversely, Quant Small Cap Fund reduced its holdings in Aurobindo Pharma by selling around 7,792 shares, leaving a total of 9 lakh shares. Exposure was also decreased in NBCC (selling 87 lakh shares), Suven Life Sciences (2.22 lakh shares), Gland Pharma (2.21 lakh shares), and Sai Parentals (2.01 lakh shares).
In addition to these adjustments, the fund incorporated six new stocks into its portfolio: Apollo Tyres, Exide Industries, Heritage Foods, Kaynes Technology India, Sona BLW Precision Forgings, and Viyash Scientific. Exposure to 83 stocks remained unchanged, including prominent names like Adani Power, Bata India, Bayer Cropscience, Castrol India, ICICI Bank, Just Dial, NCC, Oriental Hotels, RBL Bank, Sula Vineyards, and Welspun Corporation.
As of May 31, the Quant Small Cap Fund held 103 stocks, an increase from 100 in the previous month, with an Assets Under Management (AUM) of Rs 31,774 crore. The scheme, managed by Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, and Sanjeev Sharma, aims for capital appreciation and long-term growth in small-cap companies, benchmarked against the Nifty Smallcap 250 – TRI.