Parag Parikh Flexi Cap Fund, the largest active and flexi cap fund based on assets managed, raised its holdings in ITC, HCL Technologies, Tata Consultancy Services and 14 other stocks in June.
According to the monthly portfolio disclosed by the fund house, the flexi cap fund added 1.54 crore shares of ITC to its portfolio in June, taking its total holding to 30.33 crore shares from 28.78 crore shares in the previous month.
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The fund added 18.26 lakh shares of Tata Consultancy Services and 31.14 lakh shares of HCL Technologies to its portfolio during the month. It also increased its exposure to 14 other stocks, including Indraprastha Gas, Infosys, Kotak Mahindra Bank, and Cipla, among others.
The fund reduced its stake in two stocks, which were Dr Reddy’s Laboratories and Maruti Suzuki India. Around 8.44 lakh shares of Dr Reddy’s Laboratories and 1.51 lakh shares of Maruti Suzuki were sold out from the portfolio in the month of June.
Petronet LNG was the new entrant in the portfolio in June and around 1 crore shares of this stock were added to the portfolio. The fund did not make a complete exit from any stock in June.
The exposure remained unchanged in nearly 13 stocks in June which includes some name such as CDSL, CIE Automotive India, Coal India, HDFC Bank, ICICI Bank, ICRA, Indus Towers, Narayana Hrudayalaya, Nesco, Power Grid Corporation of India, Swaraj Engines, The Great Eastern Shipping Company, and Zydus Wellness.
In June, the flexi cap fund had 33 stocks in its portfolio compared to 32 stocks in the previous month.
The investment objective of this flexi cap 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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The performance of this flexi cap fund is benchmarked against NIFTY 500 (TRI) and is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, Mansi Kariya, and Aishwarya Dhar.
As of June 30, 2026 the fund had an AUM of Rs 1.10 lakh crore compared to Rs 1.41 lakh crore in the month of May.
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