Loading…
Flexi Cap · PPFAS Mutual Fund · AMFI code 122639Parag Parikh Flexi Cap Fund
Disclosed for 159 months, Jun 2013 to Sep 2026.Published as: Parag Parikh Flexi Cap Fund(An open-ended dynamic equity scheme investing across large cap, mid-cap, small-cap stocks)
Parag Parikh Flexi Cap Fund is an active equity fund in the Flexi Cap category from PPFAS Mutual Fund. In December 2017 it disclosed 32 stocks worth ₹987 Cr, up ₹42.5 Cr from Nov 2017. Its largest positions were Alphabet Inc. (10.2%), HDFC Bank Limited (7.0%), Bajaj Holdings & Investment Limited (7.0%); the ten largest together made up 54.9% of the portfolio, and Banks was the biggest sector at 17.6% of its equity. Cash and debt stood at 6.2%. Compared with Nov 2017 the fund entered 2 new stocks and exited 1.
Against 43 other Flexi Cap funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
81%
Holds more cash than 81% of peers
Holdings in December 2017
Download CSVEvery line the fund disclosed, with the change against Nov 2017. Click a column to sort; click a company to see every fund that owns it.
| Alphabet Inc. Alphabet INC · history in this fund | 10.23% | down 0.29 pts | ₹101 Cr | up ₹1.6 Cr | Added |
| HDFC Bank Limited | 7.00% | down 0.24 pts | ₹69.1 Cr | up ₹69 L | Added |
| Bajaj Holdings & Investment Limited | 6.98% | down 0.28 pts | ₹69 Cr | up ₹33 L | Held |
| Cash, TREPS & receivables | 6.18% | down 1.41 pts | ₹61.1 Cr | down ₹10.7 Cr | Trimmed |
| Balkrishna Industries Limited | 5.55% | up 0.34 pts | ₹54.7 Cr | up ₹5.6 Cr | Added |
| Persistent Systems Limited | 5.13% | up 0.61 pts | ₹50.7 Cr | up ₹7.9 Cr | Added |
| Meta Platforms Meta Platforms Registered Shares A · history in this fund | 4.90% | down 0.19 pts | ₹48.4 Cr | up ₹32 L | Added |
| Indraprastha Gas Limited | 4.10% | down 0.07 pts | ₹40.5 Cr | up ₹1.1 Cr | Added |
| Zydus Wellness Limited | 4.08% | up 0.36 pts | ₹40.3 Cr | up ₹5.2 Cr | Added |
| Century Textiles & Industries Limited | 3.84% | up 0.18 pts | ₹37.9 Cr | up ₹3.3 Cr | Added |
| United Parcel Services INC | 3.06% | down 0.17 pts | ₹30.2 Cr | down ₹28 L | Trimmed |
| Maharashtra Scooters Limited | 3.00% | down 0.12 pts | ₹29.6 Cr | up ₹10 L | Held |
| Mahindra Holidays & Resorts India Limited | 2.95% | down 0.20 pts | ₹29.1 Cr | down ₹68 L | Trimmed |
| Axis Bank Limited | 2.89% | up 0.02 pts | ₹28.5 Cr | up ₹1.4 Cr | Added |
| 3M CO | 2.71% | down 0.18 pts | ₹26.7 Cr | down ₹51 L | Trimmed |
| ICICI Bank Limited | 2.64% | down 0.06 pts | ₹26.1 Cr | up ₹54 L | Added |
| MphasiS Limited | 2.45% | down 0.12 pts | ₹24.2 Cr | down ₹11 L | Held |
| Suzuki Motor Corporation | 2.35% | up 2.35 pts | ₹23.2 Cr | up ₹23.2 Cr | New |
| Bharti Airtel Limited | 2.33% | up 1.50 pts | ₹23 Cr | up ₹15.2 Cr | Added |
| Nestle SA Nestle SA-ADR · history in this fund | 2.25% | down 0.14 pts | ₹22.2 Cr | down ₹35 L | Trimmed |
| International Business Machines Corp | 2.08% | down 0.11 pts | ₹20.6 Cr | down ₹12 L | Trimmed |
| ITC Limited | 2.05% | up 2.05 pts | ₹20.3 Cr | up ₹20.3 Cr | New |
| State Bank of India | 1.74% | down 0.14 pts | ₹17.2 Cr | down ₹58 L | Trimmed |
| ICRA Limited | 1.52% | down 0.08 pts | ₹15 Cr | down ₹15 L | Trimmed |
| Maruti Suzuki India Limited | 1.48% | up 0.11 pts | ₹14.6 Cr | up ₹1.7 Cr | Added |
| IPCA Laboratories Limited | 1.43% | up 0.08 pts | ₹14.2 Cr | up ₹1.4 Cr | Added |
| Yes Bank Limited | 1.20% | down 0.02 pts | ₹11.8 Cr | up ₹31 L | Added |
| Dr. Reddy's Laboratories Limited | 0.98% | up 0.01 pts | ₹9.7 Cr | up ₹52 L | Added |
| Bank of Baroda | 0.96% | down 0.09 pts | ₹9.4 Cr | down ₹44 L | Trimmed |
| Lupin Limited | 0.72% | up 0.02 pts | ₹7.1 Cr | up ₹54 L | Added |
| Pfizer Limited | 0.70% | up 0.02 pts | ₹6.9 Cr | up ₹46 L | Added |
| Treasury Bills | 0.50% | down 0.02 pts | ₹5 Cr | up ₹3 L | Added |
| HDFC Bank Ltd. (maturity not exceeding 91 days) | 0.01% | down <0.01 pts | ₹5 L | — | Held |
What changed, Nov 2017 to Dec 2017
New New positions (2)
- Suzuki Motor Corporation2.4% · ₹23.2 Cr
- ITC Limited2.1% · ₹20.3 Cr
Exited Exited (1)
- Hindustan Petroleum Corporation Limitedwas 3.8% · ₹35.4 Cr
Added Biggest additions
- Bharti Airtel Limitedup ₹15.2 Cr (+1.50% pts)
- Persistent Systems Limitedup ₹7.9 Cr (+0.61% pts)
- Balkrishna Industries Limited ₹5.6 Cr (+0.34% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Nov 2017, the weight rose most in Auto (+2.5 pts) and Diversified FMCG (+2.2 pts), and fell most in Petroleum Products (−4.1 pts) and Banks (−0.9 pts).
- Auto0.0% → 2.5%new+2.5 pts
- Diversified FMCG0.0% → 2.2%new+2.2 pts
- Telecom - Services0.9% → 2.5%+1.6 pts
- IT - Software7.7% → 8.1%+0.4 pts
- Food Products4.0% → 4.4%+0.3 pts
- Auto Components5.7% → 5.9%+0.3 pts
- Petroleum Products4.1% → 0.0%exited−4.1 pts
- Banks18.5% → 17.6%−0.9 pts
- Finance13.0% → 12.3%−0.7 pts
- Interactive Media & Services11.4% → 11.0%−0.5 pts
- Internet & Technology5.5% → 5.3%−0.3 pts
- Leisure Services3.4% → 3.2%−0.3 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Dec 2014 | Dec 2016 | Jun 2017 | Sep 2017 | Nov 2017 | Dec 2017 |
|---|---|---|---|---|---|---|
| Banks | 16.9% | 14.2% | 17.3% | 16.5% | 18.5% | 17.6% |
| Finance | 18.8% | 17.0% | 11.8% | 14.1% | 13.0% | 12.3% |
| Interactive Media & Services | — | 12.8% | 12.3% | 11.7% | 11.4% | 11.0% |
| IT - Software | 8.8% | 8.6% | 7.8% | 8.0% | 7.7% | 8.1% |
| Auto Components | — | 4.0% | 5.2% | 4.9% | 5.7% | 5.9% |
| Internet & Technology | 10.0% | — | — | 2.7% | 5.5% | 5.3% |
| Gas | 7.4% | 7.6% | 8.2% | 6.5% | 4.5% | 4.4% |
| Food Products | 5.5% | 5.1% | 4.3% | 4.2% | 4.0% | 4.4% |
| Cement | — | — | 4.0% | 4.0% | 4.0% | 4.1% |
| Pharmaceuticals & Biotechnology | 3.3% | 6.2% | 3.9% | 3.4% | 4.0% | 4.1% |
Allocation in Dec 2017change vs Nov 2017
- Banks (6)17.6%▼ 0.9 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Dec 2017
6.2%
▼ 1.4 pts vs Nov 2017
- Cash alone
- 6.2%
- cash and net receivables
- A year earlier
- 4.8%
- Dec 2016 · now ▲ 1.4 pts
- Last 12 months
- 3.4% – 8.2%
- lowest to highest · record 40.4% in Sep 2015
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.
The last 24 months
| Month | Portfolio value | Stocks | Entered | Exited | Cash | Cash & debt | Turnover |
|---|---|---|---|---|---|---|---|
| Sep 2026 | ₹1.45 L Cr | 60 | 0 | 3 |