Quant Mutual Fund: The Solo Player in 14 Unique Stocks

Sandeep Tandon's Quant Mutual Fund has made headlines for its distinctive investment strategy, which includes holding exclusive stakes in 14 companies. This comes amidst a backdrop of active SEBI investigations into the fund house, following search and seizure operations in Mumbai and Hyderabad. With assets under management (AUM) nearing Rs 90,000 crore, Quant Mutual Fund's approach stands out in the competitive landscape of mutual funds.

Exclusive Investments:

Quant Mutual Fund holds stakes in the following 14 companies, making it the only mutual fund invested in these stocks:

1. Century Enka
2. Jash Engineering
3. Vishnu Prakash R Punglia
4. Rossell India
5. Lancer Container Lines
6. HP Adhesives
7. Prime Securities
8. Best Agrolife
9. Heubach Colorants India
10. Primo Chemicals
11. Sasken Technologies
12. NACL Industries
13. Ashapura Minechem
14. Nahar Spinning Mills

Significant Holdings:

• Century Enka: Quant MF's largest exposure is in Century Enka, holding 17.20 lakh shares valued at Rs 103.66 crore under the Quant Active Fund Growth scheme. This investment accounts for just over 1% of the scheme's total AUM of Rs 10,204.04 crore.
• Rossell India and Lancer Container Lines: The fund holds 9.13 lakh shares in Rossell India, valued at Rs 40.61 crore, and 57.80 lakh shares in Lancer Container Lines, valued at Rs 33.86 crore, exclusively through the Quant Active Fund Growth scheme.

Performance Highlights:

• Over the past year, Century Enka, Rossell India, and Lancer Container Lines have delivered returns of 38%, 39.81%, and 28.3% respectively.
• Ashapura Minechem: Held by the Quant Commodities Fund Regular Plan – Growth, Ashapura Minechem's shares have surged over 200% in the past year. The fund holds 2.12 lakh shares valued at Rs 7.49 crore, representing 2.03% of its AUM.
• NACL Industries: Held through the Quant ELSS Tax Saver Fund Growth, NACL Industries has seen a decline of 19% in the last year. The fund holds 19.10 lakh shares valued at Rs 13 crore, representing 0.13% of its AUM.

Sector-Specific Investments:

• Heubach Colorants India and Nahar Spinning Mills: Held by the Quant Manufacturing Fund Regular Plan - Growth, Heubach Colorants has seen a 35% gain, whereas Nahar Spinning registered a marginal loss of 0.8% over the last year.
• SmallCap Fund Holdings: The Quant SmallCap Fund Growth scheme is the sole investor in Jash Engineering, Vishnu Prakash R Punglia, HP Adhesives, Prime Securities, Best Agrolife, and Primo Chemicals. Returns have varied widely, with Jash Engineering and Vishnu Prakash R Punglia delivering 59% and 94% returns respectively, while HP Adhesives, Best Agrolife, and Primo Chemicals have shown negative returns.

Technology Sector Bet:

• Sasken Technologies: The Quant Tech Fund Regular Plan - Growth holds 98,218 shares in Sasken Technologies, valued at Rs 14.39 crore, which is 4.04% of its AUM. Sasken Technologies has seen a 76% gain in the past year.

Conclusion:

Quant Mutual Fund's unique strategy of holding exclusive stakes in select companies underscores its active investment approach, particularly in the mid- and small-cap space. Despite the ongoing SEBI investigation, the fund's distinctive portfolio and substantial returns in several stocks highlight its bold investment strategy. Investors and market watchers will be keenly observing how these exclusive bets play out in the future.