Stocks traded by India Quant MF in June

The fund house, with total assets under management of 81,000 rupees, maintained a strong buying momentum in the Indian market, and paid particular attention to HDFC Bank for 2 consecutive months.

HDFC Bank, Tata Steel, Reliance Industries, Ramco Cement, and Sam Baldana Matheson International.

Do these stocks have anything in common? These stocks are included in the Quant Mutual Fund's list of popular stocks, although there are several others. Quant Mutual Fund has been in the news in recent weeks since Moneycontrol reported that the fund company is under regulatory scrutiny.

The fund house, with total assets under management of 0.08 million1,000 rupees, has maintained a strong buying momentum in the Indian market, and has been paying particular attention to HDFC Bank for 2 consecutive months.

Following 12,500 rupees into 178 stocks in May, approximately 8,700 rupees were invested in 189 stocks in June. The investment amount in 179 Indian stocks in April last year was approximately 407 billion rupees.

The fund's biggest investment project was HDFC Bank, which invested approximately 4,800 rupees in June, following 2,669 rupees in May.

In June, Quant MF purchased approximately 2.86 trillion shares of HDFC Bank, and as a result, the total amount of HDFC Bank holdings of Quant MF increased drastically from 2671 trillion rupees in May to 7755 trillion rupees.

By scheme, Quant SmallCap Fund - Growth purchased HDFC Bank shares of 1,142 rupees, and was the largest, followed by Quant Flexi Cap Fund - Growth 630 rupees, Quant Active Fund - Growth 585 rupees, and Quant MidCap Fund - Growth 566 rupees.

Furthermore, Quant Large & MidCap Fund - Growth and Quant Quantamental Fund Regular Plan - Growth each purchased HDFC shares worth 250 kroner or more.

In addition to HDFC Bank, Quant Mutual Fund has invested heavily in several other companies.

We invested 835 rupees in Tata Steel, 645 rupees in Reliance Industries Limited, 453 rupees in Ramco Cement, and 423 rupees in Sam Bardana Matheson International.

Meanwhile, Jindal Steel & Power (sale for 467 rupees), Adani Power, and Oracle Financial Services Software continued for 355 rupees and 285 rupees, respectively, among the stocks sold by Fundhouse.

In addition, NMDC (260 rupees), HCL Technologies (147 rupees), Vodafone Idea (121 rupees), Kotak Mahindra Bank (118 rupees), etc. were sold.

Meanwhile, according to data from Value Research, fund houses received a total inflow of 2,570 rupees in June under 21 schemes, down from 5,349 rupees in May and 4,997 rupees in April.

According to value research data, cash on hand as of the end of June was 4,136 rupees, up from 3,282 rupees in May, but decreased from 4,417 rupees in April.

While 18 new stocks were added to the fund house in June, 11 stocks were completely sold. Among the newly added stocks, Ramco Cements purchased shares worth approximately 45.3 billion rupees and became the largest buyer.

In addition, Bharat Forge, Birlasoft Ltd, Gillette India, and SBI Life Insurance have been newly added.

Among the stocks that were completely sold, Hindalco Industries had the largest sale value of 656 rupees, followed by BHEL and NLC India selling 473 rupees and 257 rupees, respectively.

The fund house also sold Coal India (227 rupees), Adani Green Energy (162 rupees), PNB Housing Finance (148 rupees), etc.