Funds/Dynamic Asset Allocation Fund/Quant Dynamic Asset Allocation Fund

Quant Dynamic Asset Allocation Fund

quant Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50

The fund has significantly ramped up equity exposure to nearly 73 percent, signaling bullish conviction amid market strength, with a concentrated bet on financial services and energy stocks that dominate three-quarters of the portfolio. Notable shifts reveal the manager rotating out of banking heavyweights like HDFC Bank toward quality financials like ICICI Prudential AMC and Reliance, while also strengthening renewable energy positions through Adani Green, suggesting confidence in India's growth and energy transition narrative. The addition of multiple near-term bond positions alongside aggressive equity positioning indicates tactical flexibility to capture market rallies while maintaining downside optionality.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹16.3021	+3.80%	+2.14%	-2.73%	+0.88%	+17.52%	—

Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

43.25%

Top 10 Weight

71.35%

Active Share

—

Large Cap

46.01%

Gini

0.450

What Changed2026-03-31 → 2026-04-30

Holdings: 29 → 29+11 added−11 removed11 weight shifts ≥ 0.1%

Stock	Sector	Weight
Bharat Heavy Electricals Ltd	Electrical Equipment	3.23%
ICICI Bank Limited	Banks	2.76%
Bharti Airtel Limited 26/05/2026	Telecom - Services	5.96%
Tech Mahindra Limited 26/05/2026	IT - Software	3.18%
ICICI Bank Limited 26/05/2026	Banks	2.68%
Aurobindo Pharma Limited 26/05/2026	Pharmaceuticals & Biotechnology	1.80%
91 Days Treasury Bill 23-Jul-2026	N.A.	0.77%
91 Days Treasury Bill 30-Jul-2026	N.A.	0.77%
91 Days Treasury Bill 16-Jul-2026	N.A.	0.66%
Citius TransNet Investment Trust (INVIT)	Transport Infrastructure	1.98%
TREPS 04-May-2026 DEPO 10	N.A.	14.64%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	TREPS 04-May-2026 DEPO 10 INCBLO040526	N.A.	CASH_EQUIVALENT	14.64%
2	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	9.71%
3	ICICI Prudential AMC Ltd INE346A01027	Capital Markets	EQUITY	8.91%
4	HDFC Life Insurance Co Ltd INE795G01014	Insurance	EQUITY	8.50%
5	Samvardhana Motherson International Ltd INE775A01035	Auto Components	EQUITY	8.34%
6	Adani Green Energy Limited INE364U01010	Power	EQUITY	7.78%
7	Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	EQUITY	7.72%
8	Bharti Airtel Limited 26/05/2026 BHARTIARTL260526	Telecom - Services	DERIVATIVE	5.96%
9	Kotak Mahindra Bank Limited INE237A01036	Banks	EQUITY	5.73%
10	Ventive Hospitality Limited INE781S01027	Leisure Services	EQUITY	5.45%
11	Bharat Heavy Electricals Ltd INE257A01026	Electrical Equipment	EQUITY	3.23%
12	Tech Mahindra Limited 26/05/2026 TECHM260526	IT - Software	DERIVATIVE	3.18%
13	Quant Arbitrage Fund -Direct Plan Growth INF966L01DW8	N.A.	MUTUAL_FUND	3.14%
14	ICICI Bank Limited INE090A01021	Banks	EQUITY	2.76%
15	Capriglobal CP 31-Jul-2026 INE180C14730	N.A.	EQUITY	2.72%
16	ICICI Bank Limited 26/05/2026 ICICIBANK260526	Banks	DERIVATIVE	2.68%
17	OSWAL PUMPS LIMITED INE0BYP01024	Industrial Products	EQUITY	2.05%
18	Citius TransNet Investment Trust (INVIT) INE2Q7823014	Transport Infrastructure	REIT_INVIT	1.98%
19	Aurobindo Pharma Limited 26/05/2026 AUROPHARMA260526	Pharmaceuticals & Biotechnology	DERIVATIVE	1.80%
20	91 Days Treasury Bill 07-May-2026 IN002025X448	N.A.	DEBT	0.89%

Sector Allocation

N.A.14.2%

Banks11.2%

Petroleum Products9.7%

Pharmaceuticals & Biotechnology9.5%

Capital Markets8.9%

Insurance8.5%

Auto Components8.3%

Power7.8%

Telecom - Services6.0%

Leisure Services5.5%

Top 10 sectors by % to NAV. Excludes derivatives.