RIL, Adani Power among 10 stocks bought & sold by Quant Large Cap MF in March
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Quant Large Cap Fund-Reg(G) added or trimmed shares in 10 stocks in March finishing the January-March quarter with gains of 9.53%. Its returns trumped those given by the benchmark index and also the category returns during this period. ETMarkets analysis of Quant’s buying and selling action in March showed that this mutual fund scheme increased its shareholding in just two stocks in March over the February month viz. RIL and Tata Power while paring stake in the remaining eight stocks viz. Hindalco Industries, Britannia Industries, MphasiS, Gail (India), Adani Power, Life Insurance Corporation (LIC), Jio Financial Services and Adani Green Energy. Between January and March, Quant Large Cap Fund -Reg(G) plan has exited three stocks Sun Pharmaceutical Industries, National Aluminium Company (NALCO), Biocon. It held 6.82% in Sun Pharma while 0.55% and 4.51%, respectively in Nalco and Biocon in January. In Hindalco, Britannia, MphasiS, GAIL, LIC...