Quant Small Cap Fund, the largest scheme managed by Quant Mutual Fund, completely exited Reliance Industries and eight other stocks in June, while increasing its holdings in Adani Enterprises, Adani Green Energy, and 13 other stocks during the month.
According to the monthly portfolio disclosed by the fund house, the small cap fund sold nearly 2.01 crore shares of Reliance Industries from its portfolio in June. It also sold 2.47 lakh shares of Kaynes Technology in the same period.
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The other stocks from which the small cap fund made a complete exit were Balrampur Chini Mills, Exicom Tele-Systems, Exide Industries, Gland Pharma, Praj Industries, Sai Parenterals, and Suven Life Sciences.
The fund added 10.15 lakh shares of Adani Enterprises and 3.26 lakh shares of Adani Green Energy in its portfolio in June. Around 1.61 crore shares of IRB Infrastructure Developers were added in the portfolio in the same time period, followed by 70.80 lakh shares of RBL Bank.
The other stocks where the small cap fund increased its exposure were Aegis Logistics, Anand Rathi Wealth, Apollo Tyres, Blackbuk, Capri Global Capital, HFCL, Lloyds Metals And Energy, Manapurram Finance, Ravindra Energy, Sona BLW Precision Forgings, and Welspun Living.
The exposure was reduced in seven stocks which included Anthem Biosciences, EID Parry (India), Man Infraconstruction, National Building Construction Corporation, Oriental Hotels, Sula Vineyards, and Viyash Scientific.
Among these seven stocks, the maximum number of shares of National Building Construction Corporation were sold as the fund sold nearly 2.31 crore shares of this stock from its portfolio in the said time period.
Bharti Airtel, IDFC First Bank, and LIC Housing Finance were the new entrants in the portfolio. Among these three stocks, around 1.49 crore shares of IDFC First Bank, 22.27 lakh shares of LIC Housing Finance and 2.42 lakh shares of Bharti Airtel were added to the portfolio in the month of June.
There were 97 stocks in the portfolio in June compared to 103 stocks in the previous month. The small cap fund had an AUM of Rs 33,739 crore as of June 30, 2026. The primary investment objective of the scheme is to seek to generate capital appreciation and provide long-term growth opportunities by investing in a portfolio of small cap companies.
Launched on October 29, 1996, the fund had 66.58% in small caps, 5.70% in mid caps and 14.26% in large caps. Top 10 holdings contribute 35.92% of the portfolio and the top 20 holdings contribute 54.70% of the portfolio.
The fund is managed by Sandeep Tandon, Ankit Pande, Varun Pattani, Ayusha Kumbhat, Yug Tibrewal, Sameer Kate, Sanjeev Sharma. The performance is benchmarked against Nifty Smallcap 250 TRI.
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According to the monthly factsheet released by the fund house, this scheme is for the investors with a long-term investment horizon and with high risk appetite. The bulk of the portfolio is invested in high growth companies with attractive valuations and is relatively under-owned.
During the month, we booked profits in certain pockets and will redeploy funds in newer areas. Exposure to O&G (-7.4%) and Healthcare (-3.2%) was reduced.
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