Quant Small Cap Fund sells 8.3 lakh shares of LIC, exits Adani Green Energy
Quant Small Cap Fund in its June portfolio has increased its stake in Adani Power and HDFC Bank. On the other hand, it decreased its exposure in Life Insurance Corporation Of India and TV18 Broadcast. It made a complete exit from Adani Green Energy in June.
The fund added around 45.25 lakh shares of Adani Power taking the total number of shares to 1.10 crore in June from 64.83 lakh in May.
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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-111573811»>The small cap fund added 67.81 lakh shares of HDFC Bank in June, adding to the 31.26 lakh shares held in May to take the total to 99.17 lakh. Around 42.32 lakh shares of HUDCO and 37 lakh shares of HFCL were added in the portfolio.
Quant Small Cap Fund added 7.66 lakh shares of Reliance Industries taking the total number of shares to 77.97 lakh in June from 70.31 lakh in May.
This prominent fund by Quant Mutual Fund increased its stake in 13 stocks which includes Shipping Corporation of India, Aditya Birla Fashion and Retail, Poly Medicure, Juniper Hotels, Jindal Steel & Power, IRFC, and Affle (India).
Quant Small Cap Fund sold around 2.11 crore shares of TV18 Broadcast from its portfolio. The fund house had around 3.57 crore shares of TV18 Broadcast in its portfolio in May which were reduced to 1.45 crore in June. The next big exit was made from LIC where the fund sold around 8.30 lakh shares from its portfolio.
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