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Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels, and other stocks, while adding new stocks Equinox India Developments and Alivus Life Sciences. Assets under management totaled Rs 25,183 crore.
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The capital goods sector has declined for six of the last seven months due to high valuations. The 2025 Union Budget shifts focus from capex-led growth to boosting consumption via tax cuts, benefiting sectors like FMCG, consumer durables, automobiles, real estate, retail financing, and banking.
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A former pensions minister says the DWP does not make it clear to families the repayments are voluntary.
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News and Media
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