Parag Parikh Flexi Cap Fund adds 13 stocks in September
In short
Parag Parikh Flexi Cap Fund added 13 stocks in September and sold out of The Great Eastern Shipping Company. Its portfolio fell to 33 stocks, and 9.77% was kept in cash, debt, money market instruments and arbitrage positions.
This matters for fund investors because the mix of holdings changed. The report does not say why the manager made these moves or list all 13 stocks.
What the reporting says
Parag Parikh Flexi Cap Fund added 13 stocks and exited The Great Eastern Shipping Company in September. The publisher-supplied summary says the portfolio shrank to 33 stocks and cash, debt, money market instruments and arbitrage positions made up 9.77% of holdings. The immediate result is a smaller, more cash-heavy portfolio, but the reporting does not name the full list of additions or the reason for the changes.
Why it matters
Parag Parikh Flexi Cap Fund changed its portfolio in September by adding 13 stocks and exiting The Great Eastern Shipping Company, according to a publisher-supplied summary. The fund also held 9.77% in cash, debt, money market instruments and arbitrage positions, and its portfolio size fell to 33 stocks. The reporting does not say why the changes were made or identify all the new holdings.