Quant Small Cap MF Factsheet: Cash Holding Slips Below 5%

Small-cap mutual fund schemes have recently captured the attention of investors for various reasons. The surge in returns over the past few years, coupled with concerns about valuations, and regulatory interventions highlighting the need for more transparency regarding associated risks, have all contributed to the spotlight on these funds.

Delving into Quant Small Cap Fund

With a new month underway and the Nifty 50 index hitting a fresh all-time high, investors eagerly await the release of mutual fund fact sheets. Among the most discussed and high-performing schemes is the Quant Small Cap Fund. Let’s take a closer look at its latest fact sheet.

Portfolio Snapshot- Top 5 holdings

According to the most recent fact sheet, the top five holdings of the Quant Small Cap Fund include Reliance Industries, Jio Financial Services, Bikaji Foods International, IRB Infrastructure Developers, and Hindustan Copper.

Allocation Insights

Notably, Reliance Industries, a heavyweight in the index, now constitutes 10.08% of the total holdings, while Jio Financial Services follows at 7.30%. Both these stocks have seen an increase in allocation. Conversely, Bikaji Foods International and IRB Infrastructure have witnessed a reduction in allocation from 3.59% to 3.34% and 3.34% to 3.09%, respectively, as of March 31, 2024.

An intriguing observation emerges as Adani Power, previously among the top five holdings as of February 29, 2024, no longer features in the top 10 holdings. This suggests significant profit booking by the fund, with Arvind and Punjab National Bank now appearing in the top 10 holdings.

The cash holding of the fund has decreased to 4.28% from 5.53% as of February 29, 2024, indicating potential deployment of funds. The fund’s size stands at a significant 17,193 crore, reflecting investor confidence and substantial assets under management.

Conclusion

The dynamics within small-cap mutual funds, exemplified by the Quant Small Cap Fund, offer valuable insights into market trends, allocation strategies, and investor sentiment. As investors navigate through the ever-changing landscape of the financial markets, understanding such nuances becomes imperative for informed decision-making.

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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.