Quant BFSI Fund
The fund is heavily concentrated in non-banking financial services and smaller banks, betting on a lending-driven economic cycle where alternatives to traditional banks capture growth. With over 85% of assets in the top 10 holdings and meaningful exposure to smaller lenders and fintech, the manager is signaling conviction in financial inclusion and retail credit expansion. The significant portfolio churn—12 new entries and 13 exits—suggests tactical repositioning toward emerging BFSI players while trimming legacy positions, though the concentrated structure carries elevated single-security risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹19.0028 | +2.67% | +18.06% | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| AU Small Finance Bank Ltd | 8.32% |
| RBL Bank Limited | 4.38% |
| ICICI Bank Limited | 3.98% |
| OnEMI Technology Solutions Limited | 3.47% |
| Manappuram Finance Ltd 26/05/2026 | 5.99% |
| PB Fintech Limited 26/05/2026 | 4.77% |
| ICICI Bank Limited 26/05/2026 | 4.44% |
| HDFC Life Insurance Co Ltd 26/05/2026 | 4.09% |
| RBL Bank Limited 26/05/2026 | 0.46% |
| 91 Days Treasury Bill 16-Jul-2026 | 0.79% |
| 91 Days Treasury Bill 23-Jul-2026 | 0.79% |
| TREPS 04-May-2026 DEPO 10 | 16.60% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS 04-May-2026 DEPO 10 INCBLO040526 | 16.60% |
| 2 | ICICI Prudential AMC Ltd INE346A01027 | 9.90% |
| 3 | Piramal Finance Ltd INE202B01038 | 9.42% |
| 4 | Nippon Life India Asset Management Ltd INE298J01013 | 9.12% |
| 5 | Capri Global Capital Limited INE180C01042 | 9.10% |
| 6 | AU Small Finance Bank Ltd INE949L01017 | 8.32% |
| 7 | LIC Housing Finance Ltd INE115A01026 | 6.65% |
| 8 | Manappuram Finance Ltd 26/05/2026 MANAPPURAM260526 | 5.99% |
| 9 | Kotak Mahindra Bank Limited INE237A01036 | 5.45% |
| 10 | PB Fintech Limited 26/05/2026 POLICYBZR260526 | 4.77% |
| 11 | ICICI Bank Limited 26/05/2026 ICICIBANK260526 | 4.44% |
| 12 | RBL Bank Limited INE976G01028 | 4.38% |
| 13 | HDFC Life Insurance Co Ltd 26/05/2026 HDFCLIFE260526 | 4.09% |
| 14 | ICICI Bank Limited INE090A01021 | 3.98% |
| 15 | HDFC Life Insurance Co Ltd INE795G01014 | 3.61% |
| 16 | OnEMI Technology Solutions Limited INE12F801023 | 3.47% |
| 17 | Manappuram Finance Ltd INE522D01027 | 3.35% |
| 18 | 91 Days Treasury Bill 22-May-2026 IN002025X463 | 1.46% |
| 19 | 91 Days Treasury Bill 07-May-2026 IN002025X448 | 0.80% |
| 20 | 91 Days Treasury Bill 14-May-2026 IN002025X455 | 0.80% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Quant BFSI Fund hold?
Quant BFSI Fund holds 24 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 45.84% of NAV.
What is the largest holding in Quant BFSI Fund?
The largest position in Quant BFSI Fund is TREPS 04-May-2026 DEPO 10, accounting for 16.60% of NAV in the N.A. sector.
Is Quant BFSI Fund a concentrated or diversified fund?
With a Gini coefficient of 0.405, Quant BFSI Fund is well-diversified. The HHI concentration index is 66,804 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 45.84% of the portfolio.
What is the market cap allocation of Quant BFSI Fund?
Based on SEBI's AMFI classification, Quant BFSI Fund's equity portfolio is split as: Large Cap: 17.49%, Mid Cap: 26.85%, Small Cap: 23.47%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Quant BFSI Fund invest in most?
Quant BFSI Fund has the highest allocation to Finance (34.50%), Banks (27.03%), Capital Markets (19.01%). The fund is invested across 6 sectors in total.
How actively managed is Quant BFSI Fund compared to other Sectoral / Thematic funds?
Quant BFSI Fund has an Active Share of 94.48%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Quant BFSI Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Quant BFSI Fund added 12 new stocks (including AU Small Finance Bank Ltd) and exited 13 stocks (including ICICI Prudential Life Insurance Co Ltd). Total holding count decreased from 27 to 26 stocks.