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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 October 2018 it disclosed 34 stocks worth ₹1,334 Cr, down ₹4.3 Cr from Sep 2018. Its largest positions were Alphabet Inc. (9.2%), HDFC Bank Limited (6.3%), Bajaj Holdings & Investment Limited (5.4%); the ten largest together made up 49.4% of the portfolio, and Banks was the biggest sector at 19.1% of its equity. Cash and debt stood at 5.9%. Compared with Sep 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
79%
Holds more cash than 79% of peers
What these mean: concentration · cash
Holdings in October 2018
Download CSVEvery line the fund disclosed, with the change against Sep 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 | 9.22% | down 0.55 pts | ₹123 Cr | down ₹7.7 Cr | Trimmed |
| HDFC Bank Limited | 6.25% | up 0.72 pts | ₹83.4 Cr | up ₹9.4 Cr | Added |
| Cash, TREPS & receivables | 5.86% | up 0.40 pts | ₹78.2 Cr | up ₹5.1 Cr | Added |
| Bajaj Holdings & Investment Limited | 5.44% | down 0.53 pts | ₹72.6 Cr | down ₹7.3 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 4.91% | up 0.06 pts | ₹65.6 Cr | up ₹55 L | Added |
| Meta Platforms Meta Platforms Registered Shares A · history in this fund | 4.46% | down 0.57 pts | ₹59.5 Cr | down ₹7.8 Cr | Trimmed |
| Persistent Systems Limited | 4.37% | up 0.21 pts | ₹58.2 Cr | up ₹2.6 Cr | Added |
| Suzuki Motor Corporation | 4.00% | down 0.67 pts | ₹53.4 Cr | down ₹9.1 Cr | Trimmed |
| ICICI Bank Limited | 3.67% | up 0.52 pts | ₹49 Cr | up ₹6.8 Cr | Added |
| Balkrishna Industries Limited | 3.59% | up 0.26 pts | ₹47.9 Cr | up ₹3.4 Cr | Added |
| Nestle SA Nestle SA-ADR · history in this fund | 3.48% | up 0.13 pts | ₹46.4 Cr | up ₹1.5 Cr | Added |
| Zydus Wellness Limited | 3.42% | down 0.53 pts | ₹45.7 Cr | down ₹7.2 Cr | Trimmed |
| Tata Steel Limited | 3.26% | down 0.15 pts | ₹43.5 Cr | down ₹2.2 Cr | Trimmed |
| Maruti Suzuki India Limited | 3.17% | down 0.34 pts | ₹42.2 Cr | down ₹4.7 Cr | Trimmed |
| Axis Bank Limited | 3.08% | down 0.15 pts | ₹41.1 Cr | down ₹2.2 Cr | Trimmed |
| Century Textiles & Industries Limited | 2.60% | up 0.01 pts | ₹34.7 Cr | up ₹5 L | Held |
| MphasiS Limited | 2.47% | down 0.46 pts | ₹32.9 Cr | down ₹6.2 Cr | Trimmed |
| Yes Bank Limited | 2.44% | up 0.07 pts | ₹32.5 Cr | up ₹77 L | Added |
| 3M CO | 2.37% | down 0.19 pts | ₹31.7 Cr | down ₹2.7 Cr | Trimmed |
| HDFC Bank Ltd. (maturity not exceeding 91 days) | 2.25% | up 0.38 pts | ₹30 Cr | up ₹5 Cr | Added |
| Hero MotoCorp Limited | 1.98% | up 1.98 pts | ₹26.4 Cr | up ₹26.4 Cr | New |
| Maharashtra Scooters Limited | 1.86% | down 0.11 pts | ₹24.8 Cr | down ₹1.5 Cr | Trimmed |
| International Business Machines Corp | 1.77% | down 0.50 pts | ₹23.7 Cr | down ₹6.8 Cr | Trimmed |
| State Bank of India | 1.66% | up 0.10 pts | ₹22.1 Cr | up ₹1.2 Cr | Added |
| Dr. Reddy's Laboratories Limited | 1.62% | up 0.01 pts | ₹21.6 Cr | up ₹10 L | Held |
| Lupin Limited | 1.48% | down 0.02 pts | ₹19.7 Cr | down ₹34 L | Trimmed |
| Sun Pharmaceutical Industries Limited | 1.42% | down 0.10 pts | ₹18.9 Cr | down ₹1.4 Cr | Trimmed |
| Mahindra Holidays & Resorts India Limited | 1.39% | up <0.01 pts | ₹18.5 Cr | up ₹0 L | Held |
| Indraprastha Gas Limited | 1.36% | up 0.13 pts | ₹18.2 Cr | up ₹1.7 Cr | Added |
| LIC Housing Finance Limited | 1.23% | down 0.01 pts | ₹16.5 Cr | down ₹25 L | Trimmed |
| IPCA Laboratories Limited | 1.21% | up 0.01 pts | ₹16.1 Cr | up ₹6 L | Held |
| ICRA Limited | 0.93% | down 0.05 pts | ₹12.4 Cr | down ₹66 L | Trimmed |
| Pfizer Limited | 0.74% | down 0.01 pts | ₹9.8 Cr | down ₹23 L | Trimmed |
| Bharti Airtel Limited | 0.56% | down 0.09 pts | ₹7.4 Cr | down ₹1.2 Cr | Trimmed |
| Bank of Baroda | 0.49% | up 0.05 pts | ₹6.5 Cr | up ₹66 L | Added |
What changed, Sep 2018 to Oct 2018
New New positions (1)
- Hero MotoCorp Limited2.0% · ₹26.4 Cr
Exited Exited (0)
None.
Added Biggest additions
- HDFC Bank Limitedup ₹9.4 Cr (+0.72% pts)
- ICICI Bank Limitedup ₹6.8 Cr (+0.52% pts)
- HDFC Bank Ltd. (maturity not exceeding 91 days)up ₹5 Cr (+0.38% pts)
- Balkrishna Industries Limitedup ₹3.4 Cr (+0.26% 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 Sep 2018, the weight rose most in Automobiles (+1.8 pts) and Banks (+1.6 pts), and fell most in Auto (−0.7 pts) and Internet & Technology (−0.6 pts).
- Automobiles3.8% → 5.6%+1.8 pts
- Banks17.6% → 19.1%+1.6 pts
- Auto Components3.6% → 3.9%+0.3 pts
- Packaged Foods3.6% → 3.8%+0.2 pts
- Gas1.3% → 1.5%+0.2 pts
- Auto5.0% → 4.4%−0.7 pts
- Internet & Technology5.4% → 4.9%−0.6 pts
- Finance16.2% → 15.6%−0.6 pts
- Food Products4.3% → 3.7%−0.5 pts
- IT Consulting & Other Services2.5% → 1.9%−0.5 pts
- Interactive Media & Services10.5% → 10.0%−0.5 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 | Oct 2015 | Oct 2017 | Apr 2018 | Jul 2018 | Sep 2018 | Oct 2018 |
|---|---|---|---|---|---|---|
| Banks | 18.2% | 16.9% | 17.2% | 16.8% | 17.6% | 19.1% |
| Finance | 18.3% | 13.6% | 13.0% | 16.9% | 16.2% | 15.6% |
| Interactive Media & Services | 13.4% | 11.7% | 10.5% | 11.5% | 10.5% | 10.0% |
| IT - Software | 6.6% | 7.7% | 9.3% | 8.8% | 7.6% | 7.4% |
| Pharmaceuticals & Biotechnology | 5.7% | 4.3% | 5.8% | 5.7% | 7.1% | 7.0% |
| Automobiles | — | 1.5% | 2.4% | 3.3% | 3.8% | 5.6% |
| Internet & Technology | — | 3.6% | 5.0% | 4.5% | 5.4% | 4.9% |
| Auto | — | — | 5.4% | 5.5% | 5.0% | 4.4% |
| Auto Components | 2.6% | 4.6% | 5.9% | 5.0% | 3.6% | 3.9% |
| Packaged Foods | 3.2% | 2.6% | 3.2% | 3.8% | 3.6% | 3.8% |
Allocation in Oct 2018change vs Sep 2018
- Banks (6)19.1%▲ 1.6 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, Oct 2018
5.9%
▲ 0.4 pts vs Sep 2018
- Cash alone
- 5.9%
- cash and net receivables
- A year earlier
- 6.3%
- Oct 2017 · now ▼ 0.4 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 |