29.03% from RRPRH (99.5% of 29.18%)
8.26% through open offer (open till 5 Dec)
Approx 37.3 secured.
Open offer at Rs294 while the stock is now at Rs446. Offer is at a discount. Counter stuck at 5% upper circuit now for 4 days.
9.75% in NDTV is owned by LTS Investments.
LTS owns equity in other Adani entities.
If we assume LTS will tender its NDTV shares in the open offer, Adani group will have secured 47.05%—within striking distance of majority ownership.
May 25, 2022 • 8 tweets • 2 min read
An upstart fund house is disrupting India's mutual funds industry. 🧵
In FY20, Quant Mutual Fund had Rs248cr in assets under management. Just two years later, they had Rs6,505 cr. That's 25X growth.
Retail investors flock to them because their returns are eye-popping.
Let's look at its performance in 2021 (calendar year)
Quant Small Cap Fund returned 91.73%. Meaning if you had invested Rs100, it would have become Rs191.7.
The small cap MF category in comparison grew 65.37%.
Quant Tax Plan returned 63.27%. The category grew 33.45%.
