In a bold move that’s turning heads, Quant Small Cap Fund, the heavyweight champion of Quant Mutual Fund’s lineup, has made significant changes to its portfolio.

The fund has completely divested from the State Bank of India (SBI), reduced its holdings in Reliance Industries Limited (RIL), and welcomed five new stocks into its fold.

Goodbye SBI, Hello RIL

March 2025 witnessed Quant Small Cap Fund offloading approximately 4 million shares of SBI, marking a complete exit from India’s largest public sector bank.

Additionally, the fund trimmed its stake in RIL by selling around 566,000 shares, which brought its total holdings in the conglomerate down to 19.5 million shares from the previous 20.1 million. 

Rolling Out the Welcome Mat

As it is not one to sit idle, the fund has infused fresh blood into its portfolio by adding five new stocks:​

Bandhan Bank (2.448 million shares), Castrol India (2.243 million shares), Shipping Corporation of India (2.656 million shares), ​Stanley Lifestyles (309,000 shares), and Welspun India (7.268 million shares)

It Doubled Down on Existing Favorites

Beyond these new acquisitions, Quant Small Cap Fund has increased its stakes in 12 existing holdings. Some of its notable increases include:​

NCC Limited with an addition of 4.263 million shares, boosted its total holdings to 13.4 million shares.​ Bata India with an extra 251,000 shares, and Poly Medicure saw 95,263 extra shares. ​

Maintaining Steady Hands

While the fund has been active in reshuffling parts of its portfolio, it has chosen to maintain its positions in 69 other stocks.

This list includes prominent names like Adani Enterprises, Jio Financial Services, LIC, etc. ​

A Snapshot of the Fund’s Strategy

As of March 2025, Quant Small Cap Fund’s portfolio comprises 87 stocks, up from 83 in February.

The fund’s strategy focuses on high-growth companies with attractive valuations that are relatively under-owned, with hopes to generate capital appreciation and long-term growth for its investors.

Are You Keeping Your Eye on This?

Quant Small Cap Fund’s recent portfolio adjustments show a proactive approach.

By exiting certain positions and embracing new opportunities, the fund has demonstrated its commitment to optimizing returns and staying ahead of the curve.

Investors may want to monitor these changes closely, as they reflect broader market trends and the fund’s strategic direction.