Quant Small Cap Exits Reliance, Adds 5 Stocks in June
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Quant Small Cap Fund added five new stocks in June spanning telecom, banking, housing finance, pharmaceuticals, and financial services as part of its monthly portfolio rebalancing.
- Reliance Industries was among nine stocks the fund completely exited during June, alongside Gland Pharma, Suven Life Sciences, Balrampur Chini Mills, Kaynes Technology India, Exicom Tele-Systems, Exide Industries, Praj Industries, and Sai Parenterals.
- RBL Bank saw the sharpest position increase of the month, with the fund raising its holdings by nearly 449%, followed by substantial accumulation in Sona BLW Precision Forgings and Anand Rathi Wealth.
- Quant Small Cap Fund also added to existing positions in Apollo Tyres, Adani Enterprises, IRB Infrastructure Developers, Welspun Living, and HFCL.
- The fund made its sharpest reductions in EID Parry (India), NBCC (India), Man Infraconstruction, and Viyash Scientific, while trimming exposure to Sula Vineyards, Anthem Biosciences, and Oriental Hotels.
- Quant Small Cap Fund cut its TREPS allocation from 5.34% to 4.01% in June, indicating a larger share of the corpus was deployed into equities during the month.
- The fund ranks as India's fourth-largest small-cap mutual fund with assets under management of ₹33,739 crore.
Why it matters: With ₹33,739 crore in AUM, Quant Small Cap's portfolio churn carries weight for India's small-cap segment. The complete Reliance Industries exit is conspicuous given RIL's large-cap stature inside a small-cap mandate, while the 449% RBL Bank accumulation signals outsized conviction. The TREPS drop from 5.34% to 4.01% shows fresh capital was put to work across 14 turned-over names in a single month.
