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Quant Small Cap Fund, with 28,758 crore AUM, reshuffled its August portfolio by raising stakes in Gland Pharma, Aster DM Healthcare, and Ethos, trimming eight holdings, fully exiting Siemens Energy India and PG Electroplast, while keeping 85 stocks unchanged.
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Equity mutual funds recorded a net addition of 19.53 lakh folios in August, taking the total to 17.32 crore. Mid cap, flexi cap, small cap, and sectoral funds led the gains, despite only four new fund launches during the month.
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Markets posted modest weekly gains with 64% of BSE 500 stocks closing positive. Dilip Buildcon led gainers with 18%, while Godfrey Phillips India topped losers with 9%. Sectoral strength came from capital goods and IT, while consumer durables lagged.
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