HomeNewsPhotosBusinessPersonal FinanceComputerji, lock kiya jaaye: Midcaps that quant-based mutual fund algos select

Computerji, lock kiya jaaye: Midcaps that quant-based mutual fund algos select

Quant-based mutual fund schemes eliminate human intervention and possible bias, as they leave stock-picking to algorithms while constructing their portfolio. These are a mix of pure-bred passive and active funds.

September 18, 2024 / 08:47 IST
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Quant mutual funds aim to give you the best of active and passive funds. There are 10 such equity mutual fund schemes using computer-based algorithm while picking stocks. The algorithms are designed based on the company and industry filter that fund houses decide. These could be macro, fundamental and technical factors, including volume, volatility, liquidity, value, momentum and alpha. For instance, DSP quant fund builds its portfolio of stocks chosen on the basis of growth, quality and value parameters, while Nippon India quant fund select stocks on the basis of parameters like valuation, earnings, price, momentum and quality. Here are the most popular midcap stocks among the portfolio of the quant based mutual fund schemes. Stocks are shortlisted asper AMFI's MCAP classification. Portfolio data are as of August 31, 2024. [Source: ACEMF]
1/10

Quant mutual funds aim to give you the best of active and passive funds. There are 10 such equity mutual fund schemes using computer-based algorithm while picking stocks. The algorithms are designed based on the company and industry filter that fund houses decide. These could be macro, fundamental and technical factors, including volume, volatility, liquidity, value, momentum and alpha. For instance, DSP quant fund builds its portfolio of stocks chosen on the basis of growth, quality and value parameters, while Nippon India quant fund select stocks on the basis of parameters like valuation, earnings, price, momentum and quality. Here are the most popular midcap stocks among the portfolio of the quant based mutual fund schemes. Stocks are shortlisted asper AMFI's MCAP classification. Portfolio data are as of August 31, 2024. [Source: ACEMF]

2/10

Colgate-Palmolive (India)
No. of Quant based MFs holding the stock: 6
Sector: Personal Products

3/10

Cummins India
No. of Quant based MFs holding the stock: 5
Sector: Industrial Products

Also see: These small-cap stocks that MFs love generate significant revenue from exports

4/10

Indus Towers
No. of Quant based MFs holding the stock: 5
Sector: Telecom - Services

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5/10

HDFC Asset Management Company
No. of Quant based MFs holding the stock: 5
Sector: Capital Markets

Also see: 12 micro-cap multibaggers that conservative retirement oriented MFs love to hold. Do you own any?

6/10

Voltas
No. of Quant based MFs holding the stock: 4
Sector: Construction Project

7/10

Petronet LNG
No. of Quant based MFs holding the stock: 4
Sector: Gas

Also see: 10 smallcap stocks that multi-asset allocation MFs love to hold

8/10

Marico
No. of Quant based MFs holding the stock: 4
Sector: Agricultural Food & other Products

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9/10

Alkem Laboratories
No. of Quant based MFs holding the stock: 4
Sector: Pharmaceuticals & Biotechnology

10/10

NMDC
No. of Quant based MFs holding the stock: 4
Sector: Minerals & Mining

Also see: Small- and mid-cap stocks powering the best-performing PMSes