Quant Mutual Fund, with assets under management close to Rs 90,000 crore, has drawn attention due to its exclusive investments in 14 stocks where it stands as the sole mutual fund investor. Recently, Sebi conducted search and seizure operations at Quant’s Mumbai and Hyderabad premises, adding to the scrutiny on the fund house.
As of March 2024, Quant MF’s unique holdings include Century Enka, Rossell India, Lancer Container Lines, and others, where it maintains significant stakes despite other asset management companies abstaining. For instance, in Century Enka, Quant holds 17.20 lakh shares valued at Rs 103.66 crore, comprising over 1 percent of the relevant scheme’s total AUM of Rs 10,204.04 crore. Similarly, Rossell India and Lancer Container Lines also feature prominently in Quant’s portfolio, with substantial returns observed over the past year.
Ashapura Minechem, another notable investment, has seen its shares surge by over 200 percent, held under the Quant Commodities Fund Regular Plan – Growth. This scheme holds 2.12 lakh shares valued at Rs 7.49 crore, constituting a significant portion of its AUM. Conversely, NACL Industries, held through the Quant ELSS Tax Saver Fund Growth, has faced a decline of 19 percent in its share value.
Moreover, Quant MF’s specialized funds like the Quant SmallCap Fund Growth and Quant Tech Fund Regular Plan – Growth have shown varying returns and unique investment strategies across stocks like Jash Engineering, Vishnu Prakash R Punglia, HP Adhesives, Prime Securities, Best Agrolife, Primo Chemicals, Sasken Technologies, Heubach Colorants India, and Nahar Spinning Mills.
These investments have sparked investor interest amid ongoing regulatory scrutiny, potentially impacting Quant MF’s performance and investor sentiment in the near term.
Disclaimer: Readers are advised to consult with certified financial advisors before making any investment decisions.
