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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 September 2018 it disclosed 33 stocks worth ₹1,338 Cr, down ₹13.9 Cr from Aug 2018. Its largest positions were Alphabet Inc. (9.8%), Bajaj Holdings & Investment Limited (6.0%), HDFC Bank Limited (5.5%); the ten largest together made up 50.9% of the portfolio, and Banks was the biggest sector at 17.6% of its equity. Cash and debt stood at 5.5%. Compared with Aug 2018 the fund entered 1 new stock and exited 0.
Against 43 other Flexi Cap funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
7%
Holds more stocks than 7% of peers
Cash
77%
Holds more cash than 77% of peers
What these mean: concentration · cash
Holdings in September 2018
Download CSVEvery line the fund disclosed, with the change against Aug 2018. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Alphabet Inc. Alphabet INC · history in this fund | 9.77% | down 0.04 pts | ₹131 Cr | down ₹1.9 Cr | Trimmed |
| Bajaj Holdings & Investment Limited | 5.97% | up 0.09 pts | ₹79.9 Cr | up ₹43 L | Added |
| HDFC Bank Limited | 5.53% | down 0.09 pts | ₹74 Cr | down ₹2 Cr | Trimmed |
| Cash, TREPS & receivables | 5.46% | down 2.02 pts | ₹73.1 Cr | down ₹28.1 Cr | Trimmed |
| Meta Platforms Meta Platforms Registered Shares A · history in this fund | 5.03% | down 0.09 pts | ₹67.3 Cr | down ₹2 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 4.86% | up 1.28 pts | ₹65 Cr | up ₹16.6 Cr | Added |
| Suzuki Motor Corporation | 4.67% | down 0.36 pts | ₹62.5 Cr | down ₹5.5 Cr | Trimmed |
| Persistent Systems Limited | 4.16% | down 0.16 pts | ₹55.6 Cr | down ₹2.8 Cr | Trimmed |
| Zydus Wellness Limited | 3.96% | down 0.77 pts | ₹52.9 Cr | down ₹10.9 Cr | Trimmed |
| Maruti Suzuki India Limited | 3.50% | up 0.94 pts | ₹46.9 Cr | up ₹12.2 Cr | Added |
| Tata Steel Limited | 3.41% | up 1.07 pts | ₹45.7 Cr | up ₹14 Cr | Added |
| Nestle SA Nestle SA-ADR · history in this fund | 3.35% | up 0.09 pts | ₹44.9 Cr | up ₹76 L | Added |
| Balkrishna Industries Limited | 3.33% | down 1.28 pts | ₹44.5 Cr | down ₹17.8 Cr | Trimmed |
| Axis Bank Limited | 3.23% | up 0.81 pts | ₹43.2 Cr | up ₹10.4 Cr | Added |
| ICICI Bank Limited | 3.15% | up 0.54 pts | ₹42.2 Cr | up ₹6.9 Cr | Added |
| MphasiS Limited | 2.93% | down 0.18 pts | ₹39.2 Cr | down ₹2.9 Cr | Trimmed |
| Century Textiles & Industries Limited | 2.59% | down 0.46 pts | ₹34.7 Cr | down ₹6.6 Cr | Trimmed |
| 3M CO | 2.57% | up 0.61 pts | ₹34.3 Cr | up ₹7.9 Cr | Added |
| Yes Bank Limited | 2.37% | down 2.02 pts | ₹31.7 Cr | down ₹27.6 Cr | Trimmed |
| International Business Machines Corp | 2.28% | up 0.67 pts | ₹30.5 Cr | up ₹8.8 Cr | Added |
| Maharashtra Scooters Limited | 1.97% | down 0.56 pts | ₹26.3 Cr | down ₹7.8 Cr | Trimmed |
| HDFC Bank Ltd. (maturity not exceeding 91 days) | 1.87% | up 1.87 pts | ₹25 Cr | up ₹25 Cr | New |
| Dr. Reddy's Laboratories Limited | 1.61% | up 0.04 pts | ₹21.5 Cr | up ₹33 L | Added |
| State Bank of India | 1.56% | up 0.87 pts | ₹20.9 Cr | up ₹11.6 Cr | Added |
| Sun Pharmaceutical Industries Limited | 1.52% | down 0.06 pts | ₹20.3 Cr | down ₹97 L | Trimmed |
| Lupin Limited | 1.50% | down 0.03 pts | ₹20 Cr | down ₹68 L | Trimmed |
| Mahindra Holidays & Resorts India Limited | 1.38% | down 0.24 pts | ₹18.5 Cr | down ₹3.5 Cr | Trimmed |
| LIC Housing Finance Limited | 1.25% | down 0.29 pts | ₹16.7 Cr | down ₹4.1 Cr | Trimmed |
| Indraprastha Gas Limited | 1.23% | down 0.23 pts | ₹16.5 Cr | down ₹3.2 Cr | Trimmed |
| IPCA Laboratories Limited | 1.20% | down 0.15 pts | ₹16.1 Cr | down ₹2.2 Cr | Trimmed |
| ICRA Limited | 0.97% | down 0.07 pts | ₹13 Cr | down ₹1.1 Cr | Trimmed |
| Pfizer Limited | 0.75% | down 0.15 pts | ₹10 Cr | down ₹2.1 Cr | Trimmed |
| Bharti Airtel Limited | 0.64% | up 0.61 pts | ₹8.6 Cr | up ₹8.1 Cr | Added |
| Bank of Baroda | 0.44% | down 0.23 pts | ₹5.9 Cr | down ₹3.1 Cr | Trimmed |
What changed, Aug 2018 to Sep 2018
New New positions (1)
- HDFC Bank Ltd. (maturity not exceeding 91 days)1.9% · ₹25 Cr
Exited Exited (0)
None.
Added Biggest additions
- Housing Development Finance Corporation Limitedup ₹16.6 Cr (+1.28% pts)
- Tata Steel Limitedup ₹14 Cr (+1.07% pts)
- Maruti Suzuki India Limitedup ₹12.2 Cr (+0.94% pts)
- State Bank of Indiaup ₹11.6 Cr (+0.87% 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 Aug 2018, the weight rose most in Ferrous Metals (+1.1 pts) and Automobiles (+1.0 pts), and fell most in Auto Components (−1.4 pts) and Food Products (−0.8 pts).
- Ferrous Metals2.5% → 3.7%+1.1 pts
- Automobiles2.8% → 3.8%+1.0 pts
- IT Consulting & Other Services1.7% → 2.5%+0.7 pts
- Telecom - Services<0.1% → 0.7%+0.7 pts
- Industrial Conglomerates2.1% → 2.8%+0.7 pts
- Finance15.7% → 16.2%+0.5 pts
- Auto Components5.0% → 3.6%−1.4 pts
- Food Products5.1% → 4.3%−0.8 pts
- Cement3.3% → 2.8%−0.5 pts
- Auto5.4% → 5.0%−0.4 pts
- Pharmaceuticals & Biotechnology7.5% → 7.1%−0.4 pts
- IT - Software8.0% → 7.6%−0.4 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 | Sep 2015 | Sep 2017 | Mar 2018 | Jun 2018 | Aug 2018 | Sep 2018 |
|---|---|---|---|---|---|---|
| Banks | 19.4% | 16.5% | 18.2% | 16.4% | 17.7% | 17.6% |
| Finance | 17.4% | 14.1% | 12.3% | 16.5% | 15.7% | 16.2% |
| Interactive Media & Services | — | 11.7% | 10.8% | 11.1% | 10.6% | 10.5% |
| IT - Software | 6.8% | 8.0% | 8.4% | 9.0% | 8.0% | 7.6% |
| Pharmaceuticals & Biotechnology | 5.9% | 3.4% | 5.7% | 6.0% | 7.5% | 7.1% |
| Internet & Technology | 12.0% | 2.7% | 4.6% | 5.5% | 5.5% | 5.4% |
| Auto | — | — | 5.7% | 5.4% | 5.4% | 5.0% |
| Food Products | 5.5% | 4.2% | 4.9% | 5.0% | 5.1% | 4.3% |
| Automobiles | — | 1.5% | 2.1% | 3.2% | 2.8% | 3.8% |
| Ferrous Metals | — | — | — | 2.6% | 2.5% | 3.7% |
Allocation in Sep 2018change vs Aug 2018
- Banks (6)17.6%▼ 0.2 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. More on reading cash.
Cash & debt, Sep 2018
5.5%
▼ 2.0 pts vs Aug 2018
- Cash alone
- 5.5%
- cash and net receivables
- A year earlier
- 6.7%
- Sep 2017 · now ▼ 1.3 pts
- Last 12 months
- 4.4% – 8.4%
- 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 |