Green Lantern Capital’s Growth Fund, which was the top performer in June by eking out a return of 2.84 per cent, has SP Apparels,
, and The among top holdings. The fund also kept over 28 per cent of its capital in Axis Liquid Fund.
“We have built the portfolio considering the possibility of global slowdown and/or stagflation due to sharp rise in rates and expected tightening by central bankers across the world,” Nilesh Doshi, Managing Partner, Green Lantern, told ETMarkets.
Atlas Integrated Finance’s midcap fund, which gave a marginally negative return of 0.23 per cent last month, was seen betting heavily on
, , and . It also chose to invest about 22 per cent of its holdings in a liquid fund.
For Fort Capital’s Value Fund, which also focuses on smallcap and gave a negative return of 0.23 per cent in June, top holdings include Steelcast, Associated Alcohol,
and . Like its other peers, Fort Capital also chose to keep a relatively large sum (12 per cent) in a liquid fund.
Top holdings of Green Portfolio’s MNC Advantage Fund, which gave a negative return of 0.66 per cent, KSB Ltd, RHI Magnesita,
, and .
NJ Asset Management’s Dynamic Stock Allocation Portfolio Conservative Fund chose to invest over 80 per cent of its holding in mutual funds – Kotak Floater St-Direct-G (33.3 per cent), Arbitrage Adv-Dg (27.73 per cent) and Axis Short Term Fund-Dg (20.65 per cent). Two top stock picks include and .
June was a tough month for equity bulls as Nifty eroded 4.85 per cent of its value, BSE 500 lost 5.2 per cent, BSE Smallcap 6.01 per cent and Nifty Midcap 100 6.49 per cent.
Top performing PMS funds in the month of June include Green Lantern Capital’s Growth Fund (2.84 per cent) and Equitree Capital Advisors’ Emerging Opportunities Fund (1.16 per cent), Karvy Capital’s Excel Fund (0.85 per cent), Scient Capital’s Aries Mid Yield Fund (0.82 per cent) and Estee Advisors’ I-Alpha Fund (0.16 per cent).
Agencies
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
