Coal India and ITC Hotels among stocks Parag Parikh Flexi Cap Fund bought and sold in April

May 17, 2025, 10:10:38 AM IST

Parag Parikh Flexi Cap Fund is the largest flexi cap fund based on assets managed and had an AUM of Rs 98,541.28 crore as on April 30, 2025. Here is what fund house bought and sold in April (Source: PPFAS MF)

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The largest flexi cap fund made a complete exit from ITC Hotels in April by selling 98.99 lakh shares from its portfolio.

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The fund increased its stake in eight stocks in the same period which includes Coal India, ITC, Zydus Lifesciences, Power Grid Corporation of India, Mahindra & Mahindra, Dr. Reddy’s Laboratories, EID Parry India, and Maruti Suzuki.

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Exposure in two stocks was reduced which included Motilal Oswal Financial Services and IPCA Laboratories. Around 23.27 lakh shares of Motilal Oswal Financial Services and 69,771 shares of IPCA Laboratories were reduced from the portfolio in the mentioned period.

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The exposure in 16 stocks remained unchanged which included HDFC Bank, ICICI Bank, Kotak Mahindra Bank, HCL Technologies, Infosys, Cipla, Indian Energy Exchange, CDSL, Swaraj Engines, and Multi Commodity Exchange of India.

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Parag Parikh Flexi Cap Fund did not add any new stock to the portfolio in the said period.

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Launched on May 24, 2013, the scheme is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya. It is benchmarked against NIFTY 500 (TRI).

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The fund house said, “We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macro-economic situation but is focussed on individual companies. We have about 26.30% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long term investments at appropriate levels.”

TNN