Quant Small Cap Fund Direct Plan-Growth is a Small Cap mutual fund offered by Quant Mutual Fund. This fund was established on January 1, 2013, making it 11 years. As of now, Quant Small Cap Fund Direct Plan-Growth has assets under management (AUM) of ₹24,530 Crores, making it a medium-sized fund in its category.

The majority of the fund’s money is invested in the services, energy, financial, healthcare and consumer staples sectors. Compared to other funds in the category, it has a lower level of exposure to the energy and services sectors.

Quant Small Cap Fund Performance

The growth returns for the previous year’s Quant Small Cap Fund Direct Plan are 57.69%. It has produced returns of 20.56% on average year since its start. Every two years, the fund doubles the amount invested in it.

The Quant Small Cap Fund Direct Plan-Growth strategy outperforms other funds in its category in terms of its ability to consistently provide returns.

Quant Small Cap Fund Returns

Quant Small Cap Fund Top 5 Holdings

Quant Small Cap Fund Suitability

When you decide to invest for seven years or longer, you can expect profits that outperform both inflation and fixed income returns.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Quant ELSS Tax Saver Fund Direct-Growth is an ELSS mutual fund scheme offered by Quant Mutual Fund. This fund was launched on January 1, 2013, making it 11 years. As of now, Quant ELSS Tax Saver Fund Direct-Growth has assets under management (AUM) of ₹11,065 crores, making it a medium-sized fund in its class.

A significant portion of the fund’s money is invested in the energy, financial, consumer staples, healthcare and automobile sectors. Compared to other funds in the category, it has less exposure to the energy and financial industries.

Quant ELSS Tax Saver Fund Performance

The past year’s Quant ELSS Tax Saver Fund Direct-Growth returns were 53.27%. It has produced returns an average of 23.32% annually since its start. Every three years, the fund doubles the amount invested in it.

The Quant ELSS Tax Saver Fund Direct-Growth plan can deliver returns that are comparable to most funds in its category. Its capacity to manage losses in a declining market is below average.

Quant ELSS Tax Saver Fund Returns

Quant ELSS Tax Saver Fund Top 5 Holdings

Quant ELSS Tax Saver Fund Suitability

If you choose to invest for five years or longer, you can expect gains that outperform both inflation and fixed-income returns. However, keep in mind that the value of your investment may fluctuate over time.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Shares of Poly Medicure Ltd. increased by about 2% following the company’s successful ₹1,000 crore QIP (qualified institutional placement). On Thursday, the board approved the allotment of 53.19 lakh equity shares to qualified institutional buyers (QIBs), completing the institutional share sale.

The company set the QIP issue price at ₹1,880 per share, representing a 12.8% discount to Thursday’s closing price. The QIP was launched on August 19 and drew strong interest from large funds.

Of the shares offered in the QIP, Lighthouse India Fund IV AIF acquired 20.5% of the total. SBI Mutual Funds, Nomura Funds, ICICI Prudential, Kotak Mahindra Life Insurance, Quant Mutual Fund and Max Life Insurance are a few other well-known investors.

As of 12:52 pm, Poly Medicure shares were trading 1.97% higher at Rs 2,192.00 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Following the signing of the Securities of Supplies Agreement (SOSA) between the US and India on Friday during the visit of Defence Minister Rajnath Singh, shares of Hindustan Aeronautics Ltd. (HAL) are up about 2%.

Rajnath Singh is now in the United States, where his primary focus was to address the delivery in General Electric’s F2404 engines, which are a critical component for HAL’s Tejas Mark-1A fighter jets.

HAL shares fell earlier this month on reports of execution issues at the company.

As of 12:35 pm, HAL shares were trading 1.36% higher at Rs 4,833.00 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Following the announcement of the launch of seven high-yielding tissue-cultured Robusta and Arabica coffee types, Jain Irrigation’s stock price increased by over 6%. The Coffee Board of India has granted licenses for the commercial production and sale of these innovative varieties, which have been developed over ten years. They aim to tackle significant obstacles in the Indian coffee industry, including ageing plantations and the lack of high-quality planting material.

The Coffee Board of India and Jain Irrigation have signed a Memorandum of Understanding, allowing the firm to multiply and sell these new coffee plants to growers while paying the Board a royalty.

As of 11:02 am, Jain Irrigation shares were trading 5.09% higher at Rs 70.05 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Following the announcement of a 1:1 bonus share issue to commemorate the company’s 25th anniversary, Power Mech Projects Ltd. witnessed a 7% increase in share price.

Power Mech Projects’ shares now trade at ₹6,384.90 on the Bombay Stock Exchange (BSE). Over the previous two years, the company’s shares have returned 404%, including a 16% rise in the last two weeks. Power Mech Projects, with a market value of ₹10,093.34 crore, is making considerable progress in the infrastructure-construction sector.

In the exchange filing, the company shared, “Commemorating 25 Glorious years of existence and growth and to reward the shareholders, the Board decided to issue bonus shares in the ratio of 1:1 ie.. one share for every one equity share of Rs. 10/- each fully paid up subject to the approval of shareholders at ensuing 25th Annual General Meeting which is scheduled to be held on 27th September, 2024. The Bonus Shares shall rank pari passu in all respects and carry the same rights as the existing equity shares of the Company.”

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

In early morning trading, shares of TVS Motor, the top two-wheeler maker in India, increased by 4.10%, hitting an all-time high of ₹2,818 per share. This increase happened after the international brokerage house UBS increased its target price for the company from ₹3,000 to ₹3,200 while maintaining its ‘buy’ rating.

Following the launch of the brand-new Jupiter 110 scooter, which has a next-generation engine and first-in-class, futuristic features, the target price was raised.

According to the company’s most recent annual report, the Jupiter model has been crucial to the company’s success in the scooter market, resulting in a 16.5% year-over-year rise in domestic sales to 1.45 million units in FY24. Jupiter is the primary cause of this growth.

As of 10:28 am, TVS Motor shares were trading 2.90% higher at Rs 2,784.75 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

After the firm announced that it will be discontinuing its Intercity Legends services, Zomato’s stock price increased by more than 3% on Friday. On the BSE, Zomato shares increased by as much as 3.68% to ₹267.30 a share.

Deepinder Goyal, the CEO of Zomato, announced on Thursday that the Intercity Legends services would be discontinued immediately due to “not finding product market fit.” Taking to his X account, she wrote, “Update on Zomato Legends – after two years of trying, not finding product market fit, we have decided to shut down the service with immediate effect.”

Zomato Legends, which debuted in 2022, offered iconic foods from 10 cities to the rest of the country. In July 2024, the online meal delivery giant temporarily stopped the service before restarting it with a few tweaks to make orders more profitable.

As of 10:19 am, Zomato shares were trading 3.59% higher at Rs 267.21 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

In early trading on Friday, August 23, the share price of Ambuja Cements increased by more than 4% on the BSE, after reports that promoters were selling stakes through a block deal. On Friday, the share price of Ambuja Cements opened at ₹654, up from its previous close of ₹632.90. It then increased by 4.23 per cent to ₹659.70.

The Adani Group planned to sell around 3% of its stake in Ambuja Cements on Friday to raise up to $500 million, or approximately ₹4,197 crore, through block agreements, according to media reports citing the transaction terms.

At the end of the June 2024 quarter, the Adani Group held a 70.33 per cent stake in Ambuja Cements, according to shareholding pattern data.

As of 10:10 am, Ambuja Cements shares were trading 1.08% higher at Rs 638.60 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

Nucleus Software Ltd. said on Thursday that it will buy equity shares up to a maximum value of ₹72.4 crore. However, after the announcement, shares have dropped more than 5%.

Nucleus Software plans to buy back up to 4.48 lakh equity shares with a face value of ₹10, representing 1.67% of its total equity. The buyback price is set at ₹1,615 per share, a 6% premium to the company’s current market levels.

The record date for the share buyback has been set by Nucleus Software for September 3, 2024. A timetable for the buyback has not yet been disclosed by the firm.

As of 2:31 pm, Nucleus Software shares were trading 6.29% lower at Rs 1,428.30 on the NSE.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.