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.
Parag Parikh Flexi Cap Fund increased stakes in ITC, TCS, and HDFC Bank in April, alongside additions to 14 other firms including Indraprastha Gas and HCL Technologies. At the same time, it reduced exposure to Coal India and Power Grid Corporation of India. The fund also made a complete exit from Balkrishna Industries, signaling a clear shift in portfolio positioning.
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