Quant Mutual Fund doubled its cash holdings in July, raising it to Rs 12,269 crore from Rs 5,861 crore in June. The Small Cap Fund had the highest cash allocation at Rs 3,223.24 crore. The total equity assets managed by the fund house reached Rs 75,186 crore as of July 2024, reflecting cautious market positioning.
Defence sector has strong tailwinds, but valuations are sky-high: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund discusses investment strategies. He favors new-age companies and highlights quick commerce potential. Irani expresses optimism about Eternal and fintech