Parag Parikh Flexi Cap Fund increase stake ITC, TCS, HDFC Bank and 14 other stocks in April
The monthly portfolio showed that the flexi cap fund added 1.91 crore shares of ITC to its portfolio taking the total share count to 24 crore in April against 22 crore in March. The fund added 34.62 lakh shares of Tata Consultancy Services and 47.60 lakh shares of HDFC Bank in its portfolio.
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Apart from these three stocks, the fund increased its stake in some other stocks such as Bajaj Holdings & Investment, Cipla, Dr. Reddy’s Laboratories, EID Parry India, HCL Technologies, ICICI Bank, Infosys, Kotak Mahindra Bank, M&M, and Zydus Lifesciences.
Among these 14 stocks, the fund added a maximum number of shares of 3.73 crore of Indraprastha Gas, followed by 1.04 crore shares of HCL Technologies in April. Only 97 shares of Maharashtra Scooters were added to the portfolio in the mentioned period.
The fund reduced its exposure in two stocks – Coal India and Power Grid Corporation of India. Around 6.75 lakh shares of Coal India were sold from the portfolio taking the total share count to 17.41 crore in April compared to 17.48 crore in March. It sold 26.29 lakh shares of PGCIL and had 30.94 crore shares in its portfolio as of April 30, 2026.
The fund made a complete exit from Balkrishna Industries by selling 22.74 lakh shares from its portfolio in April. There was no new entrant in the portfolio of this flexi cap fund.
The stake remained unchanged in 13 stocks which include Axis Bank, Bharti Airtel, CDSL, CIE Automotive India, ICRA, Indian Energy Exchange, Maruti Suzuki, Nesco, Swaraj Engines, The Great Eastern Shipping Company, and Zydus Wellness.
Launched on May 24, 2013 the fund had the highest allocation of 19.88% in banks, followed by 10.88% in debt and money market instruments, and 9.35% in computer software.
According to the percentage of net assets, the fund had the highest allocation in HDFC Bank of around 7.94% in April followed by 6.99% in PGCIL and 5.95% in Coal India.
In April, the flexi cap fund had 32 stocks in its portfolio compared to 33 stocks in March portfolio. The fund holds 15.51% in cash. It holds 4.08% in ReITs of portfolio and holds 2.51% in Embassy Office Parks REIT compared to 2.60% in March.
In April, the fund had 1.54% in Brookfield India Real Estate Trust versus 1.09% in March. And lastly, the fund had 0.03% in Mindspace Business Parks REIT against 0.03% in March.
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According to the monthly release by the fund house, it continues to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive.
It further said that as usual, the investment stance does not depend much on the macro-economic situation but is focussed on individual companies and have about 15.51% in cash holdings, debt and money market instruments and arbitrage positions which can be deployed in long term investments at appropriate levels.
The fund had an AUM of Rs 1.40 lakh crore in April compared to Rs 1.28 lakh crore in March. The fund is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, Mansi Kariya, and Aishwarya Dhar. It is benchmarked against NIFTY 500 (TRI).
The investment objective of the fund is to seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities and the scheme shall invest in Indian equities, foreign equities and related instruments and debt securities.
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