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Bandhan Small Cap Fund adds four stocks, exits six

Bandhan Small Cap Fund adds four stocks, exits six
Bandhan Small Cap Fund August portfolio: Cyient, P N Gadgil see higher holdings; 4 stocks added, 6 exited · livemint.com

Bandhan Small Cap Fund changed several investments in August.

It added four new stocks and completely removed six others.

Lalithaa Jewellery Mart was the largest new investment.

The fund also bought more shares of companies such as Cyient and P N Gadgil Jewellers.

Its holding in P N Gadgil Jewellers increased by nearly 180 percent.

The fund reduced some investments, including Torrent Pharmaceuticals and Laser Power and Infra.

Investors put ₹7,973 crore into small-cap mutual funds during August.

Bandhan Small Cap Fund received an estimated ₹2,187 crore of that money, and its assets grew to ₹34,176 crore.

Key facts

Small-cap fund inflows
₹7,973 crore in August, according to AMFI data
Bandhan fund inflows
Estimated net inflows of ₹2,187 crore
Assets under management
Increased from ₹31,103 crore in July to ₹34,176 crore in August
New stocks added
Lalithaa Jewellery Mart, ESDS Software Solution, Lumino Industries and Happiest Minds Technologies
Stocks exited
Baazar Style Retail, Motilal Oswal Financial Services, Lumax Auto Technologies, TBO Tek, Poly Medicure and City Union Bank
Largest disclosed increase
P N Gadgil Jewellers holdings rose from 10.02 lakh to 28 lakh shares, up 179.5%
Largest disclosed reduction
Torrent Pharmaceuticals holdings fell from 53,835 to 26,917 shares, down 50%

Sources

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