Why Is Quant Mutual Fund Betting So Heavily On The Reliance Group? | Explained | Mint Money Talks

Описание: Over the past six months, Quant Mutual Fund has built up an outsized bet on Reliance Industries, the conglomerate led by billionaire businessman Mukesh Ambani. Of its ₹45,963 crore assets under management, Quant MF’s exposure to RIL stands at ₹4,512 crore, or 9.8%. If you add its roughly 4.4% exposure to Jio Financial Services, this goes up to 14.2%. Since Jio also has a stake in RIL, the combined exposure of the fund house is actually a bet on the same entity.
#mutualfunds #reliance #quant


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