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Parag Parikh Flexi Cap Fund boosts large caps trims Coal India cuts Power Grid

Business
Published on 13 May 2026
Parag Parikh Flexi Cap Fund boosts large caps trims Coal India cuts Power Grid

It exited Balkrishna Industries fully and still held

Parag Parikh Flexi Cap Fund’s AUM climbed to Rs 1.40 lakh crore in April as the manager increased exposure to multiple large caps. The portfolio reduced stakes in Coal India and Power Grid, and fully exited Balkrishna Industries. Despite the reshuffle, the fund kept a sizable cash allocation, reflecting its long-term, investment-first approach.

  • AUM rose to Rs 1.40 lakh crore in April
  • Stake increases targeted several large-cap names
  • Coal India and Power Grid holdings were trimmed
  • Balkrishna Industries was exited completely
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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