Funds/Sectoral / Thematic/Quant Commodities Fund

Quant Commodities Fund

quant Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a pronounced tilt toward energy infrastructure and industrial metals, positioning for commodity price strength and India's renewable transition. With 87% concentrated in the top ten holdings and heavy exposure to power (21%) and ferrous metals (8%), the manager is making convictional bets on specific commodity cycles. Recent additions of SAIL and Tata Power alongside exits from mining stocks suggest a shift toward downstream industrial beneficiaries rather than raw commodity producers, signaling confidence in value chains rather than commodity prices alone.

Portfolio analysis · April 2026

NAV & Returns

Plan	NAV	1M	3M	6M	1Y	3Y CAGR	5Y CAGR
Primary	₹14.4179	+9.87%	+12.58%	+9.73%	+14.16%	—	—

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

Portfolio Metrics(latest month)

Holdings

Top 5 Weight

46.11%

Top 10 Weight

79.37%

Active Share

—

Large Cap

30.14%

Gini

0.398

What Changed2026-03-31 → 2026-04-30

Holdings: 25 → 23+9 added−11 removed12 weight shifts ≥ 0.1%

Stock	Sector	Weight
Steel Authority of India Ltd	Ferrous Metals	8.35%
HEG Limited	Industrial Products	5.14%
PTC India Limited	Power	1.44%
Tata Power Company Limited 26/05/2026	Power	6.59%
Bharti Airtel Limited 26/05/2026	Telecom - Services	5.93%
Reliance Industries Limited 26/05/2026	Petroleum Products	1.81%
91 Days Treasury Bill 16-Jul-2026	N.A.	0.87%
91 Days Treasury Bill 23-Jul-2026	N.A.	0.87%
TREPS 04-May-2026 DEPO 10	N.A.	13.02%

Full Holdings

#	Holding	Sector	Class	% to NAV
1	TREPS 04-May-2026 DEPO 10 INCBLO040526	N.A.	CASH_EQUIVALENT	13.02%
2	Lloyds Metals And Energy Limited INE281B01032	Minerals & Mining	EQUITY	10.25%
3	Adani Enterprises Limited INE423A01024	Metals & Minerals Trading	EQUITY	9.64%
4	Adani Green Energy Limited INE364U01010	Power	EQUITY	9.02%
5	Premier Energies Limited INE0BS701011	Electrical Equipment	EQUITY	8.84%
6	Steel Authority of India Ltd INE114A01011	Ferrous Metals	EQUITY	8.35%
7	Reliance Industries Limited INE002A01018	Petroleum Products	EQUITY	7.85%
8	Graphite India Limited INE371A01025	Industrial Products	EQUITY	7.61%
9	Tata Power Company Limited 26/05/2026 TATAPOWER260526	Power	DERIVATIVE	6.59%
10	Bharti Airtel Limited 26/05/2026 BHARTIARTL260526	Telecom - Services	DERIVATIVE	5.93%
11	Kalyani Steels Ltd INE907A01026	Industrial Products	EQUITY	5.28%
12	HEG Limited INE545A01024	Industrial Products	EQUITY	5.14%
13	Adani Power Limited INE814H01029	Power	EQUITY	3.63%
14	The Ramco Cements Limited INE331A01037	Cement & Cement Products	EQUITY	3.49%
15	Reliance Industries Limited 26/05/2026 RELIANCE260526	Petroleum Products	DERIVATIVE	1.81%
16	PTC India Limited INE877F01012	Power	EQUITY	1.44%
17	91 Days Treasury Bill 07-May-2026 IN002025X448	N.A.	DEBT	0.88%
18	91 Days Treasury Bill 14-May-2026 IN002025X455	N.A.	DEBT	0.88%
19	91 Days Treasury Bill 22-May-2026 IN002025X463	N.A.	DEBT	0.88%
20	91 Days Treasury Bill 04-Jun-2026 IN002025X489	N.A.	DEBT	0.88%

Sector Allocation

Power20.7%

Industrial Products18.0%

Minerals & Mining10.3%

Petroleum Products9.7%

Metals & Minerals Trading9.6%

Electrical Equipment8.8%

Ferrous Metals8.3%

Telecom - Services5.9%

N.A.5.1%

Cement & Cement Products3.5%

Top 10 sectors by % to NAV. Excludes derivatives.