Quant Small Cap Fund
The fund maintains a balanced small-cap posture with meaningful equity exposure but carries outsized positions in financials and energy—Reliance and Adani holdings alone represent nearly 16% of the portfolio. Recent portfolio churn, including exits from HDFC Bank and Jio Financial while adding infrastructure and industrial plays, suggests the manager is rotating toward cyclical recovery trades rather than defensive quality. The concentrated top-10 allocation at 42% coupled with cash at 3.5% indicates selective conviction, positioning for selective opportunities in undervalued industrials and power stocks rather than broad small-cap participation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Primary | ₹262.2316 | +6.49% | +5.10% | +20.31% | +20.47% |
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 |
|---|---|
| Lloyds Metals And Energy Limited | 0.34% |
| BLACKBUCK LIMITED | 0.18% |
| Triveni Turbine Limited | 0.17% |
| Praj Industries Limited | 0.10% |
| Sai Parenterals Limited | 0.08% |
| PTC India Limited | 0.08% |
| Kalyani Steels Ltd | 0.01% |
| Aurobindo Pharma Limited 26/05/2026 | 1.90% |
| RBL Bank Limited 26/05/2026 | 1.02% |
| Manappuram Finance Ltd 26/05/2026 | 0.30% |
| National Building Construction Corp 26/05/2026 | 0.25% |
| 91 Days Treasury Bill 30-Jul-2026 | 0.16% |
| 91 Days Treasury Bill 23-Jul-2026 | 0.04% |
| TREPS 04-May-2026 DEPO 10 | 6.90% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 9.47% |
| 2 | TREPS 04-May-2026 DEPO 10 INCBLO040526 | 6.90% |
| 3 | RBL Bank Limited INE976G01028 | 4.75% |
| 4 | Adani Power Limited INE814H01029 | 4.38% |
| 5 | HFCL Limited INE548A01028 | 3.44% |
| 6 | SUN TV Network Limited INE424H01027 | 2.92% |
| 7 | Piramal Finance Ltd INE202B01038 | 2.85% |
| 8 | Anand Rathi Wealth Limited INE463V01026 | 2.81% |
| 9 | Aster DM Healthcare Limited INE914M01019 | 2.61% |
| 10 | Adani Green Energy Limited INE364U01010 | 2.20% |
| 11 | Adani Enterprises Limited INE423A01024 | 2.19% |
| 12 | Poly Medicure Limited INE205C01021 | 2.17% |
| 13 | Arvind Limited INE034A01011 | 1.94% |
| 14 | Bikaji Foods International Limited INE00E101023 | 1.93% |
| 15 | Capri Global Capital Limited INE180C01042 | 1.93% |
| 16 | Aurobindo Pharma Limited 26/05/2026 AUROPHARMA260526 | 1.90% |
| 17 | Aegis Logistics Limited INE208C01025 | 1.84% |
| 18 | Welspun Corp Limited INE191B01025 | 1.80% |
| 19 | ICICI Bank Limited INE090A01021 | 1.77% |
| 20 | Ventive Hospitality Limited INE781S01027 | 1.72% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Quant Small Cap Fund hold?
Quant Small Cap Fund holds 113 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.96% of NAV.
What is the largest holding in Quant Small Cap Fund?
The largest position in Quant Small Cap Fund is Reliance Industries Limited, accounting for 9.47% of NAV in the Petroleum Products sector.
Is Quant Small Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.612, Quant Small Cap Fund is moderately concentrated. The HHI concentration index is 25,399 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.96% of the portfolio.
What is the market cap allocation of Quant Small Cap Fund?
Based on SEBI's AMFI classification, Quant Small Cap Fund's equity portfolio is split as: Large Cap: 21.52%, Mid Cap: 4.74%, Small Cap: 65.35%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Quant Small Cap Fund invest in most?
Quant Small Cap Fund has the highest allocation to Pharmaceuticals & Biotechnology (11.19%), Petroleum Products (9.66%), Banks (8.85%). The fund is invested across 34 sectors in total.
How actively managed is Quant Small Cap Fund compared to other Small Cap Fund funds?
Quant Small Cap Fund has an Active Share of 88.78%, classifying it as "Highly Differentiated" among 31 Small Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Quant Small Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Quant Small Cap Fund added 14 new stocks (including Lloyds Metals And Energy Limited) and exited 15 stocks (including Jio Financial Services Limited). Total holding count decreased from 116 to 115 stocks.