Quant Mutual Fund decreases cash holding to 7.17% in June
Quant Mutual Fund has decreased its cash holding in June to 7.17% from 12.41% in May 2024. The fund house was sitting on a cash pile of around Rs 5,861 crore in June. The total equity AUM of the fund house was Rs 75,846 crore as of June 2024.
It has around 21 equity mutual fund schemes. Of these, three had over Rs 500 crore cash in their portfolios. Quant Flexi Cap Fund had the highest cash allocation of Rs 867.93 crore in its portfolio in June against Rs 1,411 crore cash allocation in May. The total equity AUM of the flexi cap fund was around Rs 6,017.25 crore.
Also Read | This defence MF gave over 100% return in a year. Worth a look ahead of Budget?
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-111838544»>
Qunt Active Fund, a multicap fund, held Rs 736.55 crore in its portfolio as of June 2024 as against Rs 1,055 crore in May. The fund had an equity AUM of Rs 10,021.82 crore. Quant Mid Cap Fund had Rs 551.35 crore cash in its portfolio with an equity AUM of Rs 8,196 crore.
Quant Small Cap Fund had around Rs 420.68 crore in its portfolio as of June 2024 with the highest equity AUM of Rs 22,546 crore. In May, the fund had around Rs 1,607.37 crore cash in its portfolio.
Quant ELSS Tax Saver Fund had around Rs 364 crore cash in its portfolio as of June 2024. Quant Business Cycle Fund had Rs 121.15 crore cash in the portfolio as of June.
Around seven Quant schemes had less than Rs 100 crore cash in their respective portfolios in June 2024. Quant Teck Fund had Rs
