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Quant MF Boosts PSU Bank Holdings and Launches India’s First SMID SIF Fund
Quant Mutual Fund raised exposure to NBFCs and PSU banks and launched India’s first SMID SIF, while HDFC AMC unveiled a Consumption Fund aligned with India’s 2030 growth outlook.
Quant Mutual Fund expanded exposure to non-banking finance companies and public sector banks during September, reflecting a shift toward domestic cyclicals and high-credit sectors. It simultaneously launched India’s first Small and Midcap Strategic Investment Fund (SMID SIF), targeting emerging businesses with scalable growth models. HDFC AMC also introduced a thematic Consumption Fund aiming at India’s 2030 consumption growth story. Fund managers note these strategies align with evolving investor preference for active, high-alpha products amid global macro uncertainty and strong domestic fundamentals.