Quant Mid Cap Fund exited Lenskart Solutions completely in April, along with full exits from NMDC and SBI Cards and Payment Services, according to its monthly disclosure. The Lenskart sale coincided with days of boycott calls after allegations about curbs on religious symbols at stores—later addressed through clarifications and a revised “In-Store Style Guide.” The fund simultaneously added Steel Authority of India, increased exposure to Reliance Industries, and shifted sector allocations toward healthcare and iron and steel.
Capitalmind Flexi Cap Fund made a decisive April reshuffle, fully exiting Reliance Industries, Bank of Baroda, and L&T Finance. At the same time, it boosted stakes in Titan Company, MCX, NTPC and ONGC, adding new positions including MTAR Technologies, Tata Steel, and Kirloskar Oil Engines. The portfolio expanded to 42 stocks, increasing holdings in 18 names while trimming four others. Despite the activity, the fund’s AUM stood at about Rs 424 crore and it remains modestly down since launch.
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