Parag Parikh Flexi Cap Fund adds 13 stocks in September
In short
Parag Parikh Flexi Cap Fund added 13 stocks in September, including DLF, Bharti Airtel, Petronet LNG and Indus Towers. It exited The Great Eastern Shipping Company and held 33 stocks, down from 34 in August.
This matters because the fund is large, with Rs 1.45 lakh crore in assets. The report does not say why the manager changed holdings or how the new bets may perform.
What the reporting says
Parag Parikh Flexi Cap Fund added 13 stocks in September, including DLF, Bharti Airtel, Petronet LNG and Indus Towers, while exiting The Great Eastern Shipping Company. The fund held 33 stocks during the month versus 34 in August and did not reduce exposure to any stock, according to the summary. Its AUM stood at Rs 1.45 lakh crore, with 9.77% in cash, debt, money market instruments and arbitrage positions.
Why it matters
Parag Parikh Flexi Cap Fund changed its portfolio in September by adding 13 stocks and exiting The Great Eastern Shipping Company. The fund’s AUM was reported at Rs 1.45 lakh crore, and 9.77% of assets were in cash, debt, money market instruments and arbitrage positions. The summary does not explain the investment thesis or whether the additions were made at specific prices.