ITC, PNB to Reliance: Top 5 shares Quant small-cap fund could be very bullish on

Mutual Funds investments are matter to market risks. Investors make investments their money in Mutual Fund Houses, they normally in flip make investments the money in stock markets. There isn’t any technique to foretell whether or not or not a given asset will improve or decrease in value. Because the market cannot be exactly predicted, no funding is risk-free. AMC Fund supervisor. Quant has invested carefully in these 5 stocks- Reliance Industries Ltd., HDFC Bank, ITC, RBL, and Punjab National Bank (PNB).

Quant Small Cap Fund-Growth: Holdings in prime 5 shares in portfolio

Reliance Industries Ltd (RIL) 8.66%

HDFC Bank 7.91%

ITC 5.47%

RBL 4.46%

Punjab National Bank 3.83%

According to a weekly report by SMC Global Securities Ltd., the Quant Small Cap Fund-Growth scheme gave 27.80 %, 63.70%, and 24.40 % returns in a single 12 months, three years,  and 5 years respectively. 

This scheme was launched on Oct 29, 1996. The scheme has given a return of 10.70 % since its inception.

A take a look on the returns supplied by the very best 5 shares on which Quant small-cap mutual fund could be very bullishRIL

Index heavyweight Reliance Industries crossed ₹ 17 trillion in market capitalization on Tuesday. RIL shares gave a return of 69% in three years. Reliance shares have underperformed the BSE benchmark Sensex inside the remaining 12 months, and RIL shares have given a damaging return of 6% in a single 12 months.

HDFC Bank

HDFC Bank shares gave a return of 16% in a 12 months and 69% in three years, based mostly on the knowledge on the market on the BSE website

Cigarettes-to-hotels conglomerate ITC’s shares scaled a recent peak on Wednesday, persevering with to rise for the ninth session in a row. ITC shares have given a stellar return of 64 % in a 12 months and 125 % in three years

PNB

Punjab National Bank has a market cap of ₹56321.34 crore and the monetary establishment shares have given a return of 64% in a 12 months and 92% in three years as per the BSE website.

RBL Bank

RBL Bank shares have given a return of 43% in a single 12 months, and 93% in three years.

Apart from this, totally different small-cap funds that gave a spectacular return inside the remaining three years are Nippon India Small Cap Fund, )HDFC Small Cap Fund, HSBC Small Cap Fund, and ICICI Prudential Smallcap Fund.

Nippon India Small Cap Fund – Reg – Growth 50.60%

HDFC Small Cap Fund 48.10%

HSBC Small Cap Fund – Reg – Growth 47.60%

ICICI Prudential Smallcap Fund – Growth 47.50%

Small-cap funds are associated to elevated hazard. In a bearish market, small-cap mutual fund scheme funds are severely impacted. However, these funds can generate substantial returns. in a bullish market.

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Updated: 31 May 2023, 02:57 PM IST

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