In March, the Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, reported a decrease in assets under management (AUM) from ₹27,653 crore in February to ₹25,820 crore. The fund strategically increased its holdings in several key stocks, including HDFC Bank, Adani Enterprises, and Manapurram Finance. Notably, the fund added 91,433 shares of Safari Industries (India), valued at ₹1,308 crore, marking a significant new entry into its portfolio. Despite these adjustments, the fund did not exit any stocks or reduce stakes in existing holdings, maintaining a stable exposure in 89 stocks. The fund's strategy reflects a defensive market view, focusing on enhancing liquidity and managing high impact costs, which has helped contain drawdowns compared to broader market fluctuations. The fund has diversified investments across nearly 25 sectors, indicating a balanced approach to risk and opportunity in the small-cap segment.