Changes in Quant Small Cap Mutual Fund Portfolio: September 2024 Update

Quant Mutual Fund has achieved an incredible feat, surpassing the Rs 1 lakh crore Money under Management (MuM) as of the end of September 2024. This phenomenal growth is not just an ordinary achievement; it represents a staggering increase of 60,743% since 2019. Let’s delve into the journey, the highlights, and the key portfolio changes that have contributed to this remarkable milestone.

Growth of Quant Mutual Fund: A Testament to Consistent Performance

The Mutual Fund has exhibited a stellar trajectory of growth, with a MuM of Rs 1 lakh crore as of September 2024. Here are some of the key highlights that mark this incredible growth story:

• 60,743% Growth Since 2019: Quant Mutual Fund has grown from modest levels in 2019 to an impressive Rs 1 lakh crore.
• Equity-Dominant Portfolio: A whopping 97% of the MuM is invested in equity, reflecting the fund’s equity-heavy approach to maximize potential returns.
• 84 Lakh Investor Folios: The fund has attracted an extensive investor base, showcasing investor confidence in its strategies and growth potential.

Quant Small Cap Mutual Fund: Unparalleled Returns

One of the flagship funds under Quant Mutual Fund is the Quant Small Cap Mutual Fund. This fund has delivered exceptional returns since the market lows of 2020, outperforming its benchmarks by a significant margin.

• Astronomical Returns: Between March 24, 2020, and September 30, 2024, the Quant Small Cap Mutual Fund provided a return of 962.39%.
• Benchmark Outperformance: In comparison, the Nifty Small Cap 250 TRI Index rose by 543.35%, and the Nifty 50 TRI Index increased by 248.85% during the same period.
• Portfolio Beta: With a portfolio beta of 1.08, the fund has demonstrated its ability to generate outsized returns, even with slightly higher risk compared to the broader market.

Changes in the Top 10 Holdings of Quant Small Cap Mutual Fund

Changes were made in the portfolio of Quant Small Cap Mutual Fund between August and September 2024, as reflected in the updated top 10 holdings list.

Top 10 Holdings as of August 2024

Top 10 Holdings as of September 2024

Key Changes in the Top 10 Portfolio Holdings

1. Jio Financial Services (Increased Allocation)

• August 2024: 4.59%
• September 2024: 6.71%
• Change: An increased allocation of 2.12%. 

2. Aditya Birla Fashion and Retail (Increased Allocation)

• August 2024: 3.60%
• September 2024: 4.13%
• Change: The allocation to Aditya Birla Fashion and Retail has increased by 0.53%. 

3. HFCL (Slight Decrease in Allocation)

• August 2024: 4.32%
• September 2024: 4.11%
• Change: A slight reduction of 0.21%, indicating a marginal rebalancing in the portfolio allocation for this telecom infrastructure player.

4. Aegis Logistics (Slight Decrease in Allocation)

• August 2024: 3.89%
• September 2024: 3.78%
• Change: A minor decrease of 0.11%, suggesting a tactical adjustment to reduce exposure.

5. RBL Bank (Reduced Allocation)

• August 2024: 2.29%
• September 2024: 1.97%
• Change: The allocation to RBL Bank was reduced by 0.32%. 

6. Poly Medicure (Slight Decrease in Allocation)

• August 2024: 2.79%
• September 2024: 2.65%
• Change: The allocation decreased by 0.14%, showcasing a strategic portfolio reallocation.

7. Sun TV Network (Slight Decrease in Allocation)

• August 2024: 3.32%
• September 2024: 3.22%
• Change: A decrease of 0.10%, indicating a minor trimming of exposure

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.