New Delhi, July 12 -- Quant Small Cap Fund, the fourth-largest small cap mutual fund with assets under management (AUM) of Rs.33,739 crore, added five new stocks to its portfolio in June while exiting nine companies, including Reliance Industries.

Besides the fresh additions, the fund increased holdings in several existing companies and reduced exposure to a number of others as part of its monthly portfolio rebalancing.

Small cap funds are mandated to invest at least 65% of their assets in small-cap companies but can also invest a part of their portfolio in mid- and large-cap stocks. Here's a closer look at the key changes Quant Small Cap Fund made during June.

The fund introduced five new stocks during the month, spread across telecom...