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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 April 2021 it disclosed 26 stocks worth ₹9,179 Cr, up ₹1,727 Cr from Feb 2021. Its largest positions were Alphabet Inc. (9.5%), ITC Limited (8.0%), Microsoft Corp (7.8%); the ten largest together made up 65.1% of the portfolio, and IT - Software was the biggest sector at 24.2% of its equity. Cash and debt stood at 4.1%. Compared with Feb 2021 the fund entered 0 new stocks and exited 1.
Against 43 other Flexi Cap funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
58%
Holds more cash than 58% of peers
What these mean: concentration · cash
Holdings in April 2021
Download CSVEvery line the fund disclosed, with the change against Feb 2021. 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 | 9.47% | down 0.20 pts | ₹869 Cr | up ₹149 Cr | Added |
| ITC Limited | 7.97% | down 0.06 pts | ₹732 Cr | up ₹133 Cr | Added |
| Microsoft Corp | 7.83% | up 0.83 pts | ₹719 Cr | up ₹197 Cr | Added |
| Bajaj Holdings & Investment Limited | 7.39% | down 0.41 pts | ₹678 Cr | up ₹96.8 Cr | Added |
| Meta Platforms Meta Platforms Registered Shares A · history in this fund | 6.66% | up 1.97 pts | ₹612 Cr | up ₹262 Cr | Added |
| Indian Energy Exchange Limited | 5.95% | up 0.14 pts | ₹546 Cr | up ₹113 Cr | Added |
| Persistent Systems Limited | 5.15% | down 0.17 pts | ₹472 Cr | up ₹76.5 Cr | Added |
| HCL Technologies Limited | 5.06% | up 2.30 pts | ₹464 Cr | up ₹259 Cr | Added |
| Hero MotoCorp Limited | 4.93% | down 0.06 pts | ₹453 Cr | up ₹80.5 Cr | Added |
| Amazon Com Inc | 4.74% | down 0.36 pts | ₹435 Cr | up ₹55.1 Cr | Added |
| Multi Commodity Exchange of India Limited | 4.01% | down 1.05 pts | ₹368 Cr | down ₹8.9 Cr | Trimmed |
| Cash, TREPS & receivables | 3.59% | down 1.18 pts | ₹329 Cr | down ₹26.2 Cr | Trimmed |
| MphasiS Limited | 3.57% | down 0.53 pts | ₹327 Cr | up ₹21.9 Cr | Added |
| Central Depository Services (India) Limited | 2.86% | up 0.14 pts | ₹263 Cr | up ₹59.5 Cr | Added |
| ICICI Bank Limited | 2.79% | down 0.16 pts | ₹256 Cr | up ₹35.9 Cr | Added |
| Axis Bank Limited | 2.78% | down 0.11 pts | ₹255 Cr | up ₹40 Cr | Added |
| HDFC Bank Limited | 2.53% | down 0.14 pts | ₹232 Cr | up ₹33 Cr | Added |
| Balkrishna Industries Limited | 2.37% | up 0.14 pts | ₹217 Cr | up ₹51.5 Cr | Added |
| Suzuki Motor Corporation | 1.81% | down 0.69 pts | ₹167 Cr | down ₹20 Cr | Trimmed |
| Oracle Financial Services Software Limited | 1.58% | down 0.12 pts | ₹145 Cr | up ₹18.2 Cr | Added |
| ICRA Limited | 1.54% | up 0.92 pts | ₹142 Cr | up ₹95 Cr | Added |
| Zydus Lifesciences Limited | 1.18% | up 0.07 pts | ₹108 Cr | up ₹25.7 Cr | Added |
| Dr. Reddy's Laboratories Limited | 1.06% | down 0.06 pts | ₹97.2 Cr | up ₹13.9 Cr | Added |
| Lupin Limited | 1.01% | down 0.17 pts | ₹92.5 Cr | up ₹4.4 Cr | Added |
| Sun Pharmaceutical Industries Limited | 0.98% | down 0.12 pts | ₹90.1 Cr | up ₹8.2 Cr | Added |
| IPCA Laboratories Limited | 0.54% | down 0.04 pts | ₹49.8 Cr | up ₹6.1 Cr | Added |
| 3.15% Axis Bank Ltd. (Duration 365 Days) Debt | 0.21% | down 0.05 pts | ₹19.6 Cr | — | Held |
| 2.60% Axis Bank Ltd. (Duration 91 Days) Debt | 0.21% | up 0.15 pts | ₹19.6 Cr | up ₹14.7 Cr | Added |
| Computer Age Management Services Limited | 0.14% | up <0.01 pts | ₹13 Cr | up ₹2.8 Cr | Added |
| 3.00% Axis Bank Ltd. (Duration 365 Days) Debt | 0.05% | down 0.01 pts | ₹4.9 Cr | — | Held |
| 4.00% Axis Bank Ltd. (Duration 365 Days) Debt | 0.02% | down 0.01 pts | ₹2 Cr | — | Held |
| 4.90% HDFC Bank Ltd. (Duration 365 Days) Debt | 0.01% | down <0.01 pts | ₹1 Cr | — | Held |
What changed, Feb 2021 to Apr 2021
New New positions (0)
None.
Exited Exited (1)
- Zydus Wellness Limitedwas 0.9% · ₹70.8 Cr
Added Biggest additions
- Meta Platformsup ₹262 Cr (+1.97% pts)
- HCL Technologies Limitedup ₹259 Cr (+2.30% pts)
- Microsoft Corpup ₹197 Cr (+0.83% pts)
- Alphabet Inc.up ₹149 Cr (−0.20% pts)
- ITC Limited
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 Feb 2021, the weight rose most in IT - Software (+2.2 pts) and Internet & Technology (+2.0 pts), and fell most in Food Products (−1.0 pts) and Capital Markets (−1.0 pts).
- IT - Software22.0% → 24.2%+2.2 pts
- Internet & Technology5.0% → 6.9%+2.0 pts
- Finance8.9% → 9.3%+0.4 pts
- Auto Components2.3% → 2.5%+0.1 pts
- Food Products1.0% → 0.0%exited−1.0 pts
- Capital Markets14.5% → 13.5%−1.0 pts
- Auto2.6% → 1.9%−0.7 pts
- Banks9.0% → 8.4%−0.5 pts
- Consumer Services5.4% → 4.9%−0.4 pts
- Pharmaceuticals & Biotechnology5.4% → 5.0%−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 | Apr 2018 | Apr 2020 | Oct 2020 | Jan 2021 | Feb 2021 | Apr 2021 |
|---|---|---|---|---|---|---|
| IT - Software | 9.3% | 14.9% | 21.3% | 22.7% | 22.0% | 24.2% |
| Capital Markets | — | 2.8% | 10.5% | 13.2% | 14.5% | 13.5% |
| Interactive Media & Services | 10.5% | 9.4% | 8.3% | 10.0% | 10.2% | 9.9% |
| Finance | 13.0% | 7.6% | 6.5% | 8.0% | 8.9% | 9.3% |
| Banks | 17.2% | 17.8% | 9.4% | 8.7% | 9.0% | 8.4% |
| Diversified FMCG | — | 4.5% | 8.0% | 8.3% | 8.5% | 8.3% |
| Internet & Technology | 5.0% | 6.4% | 5.5% | 5.0% | 5.0% | 6.9% |
| Automobiles | 2.4% | 5.9% | 5.1% | 5.1% | 5.3% | 5.1% |
| Pharmaceuticals & Biotechnology | 5.8% | 8.8% | 7.2% | 5.4% | 5.4% | 5.0% |
| Consumer Services | — | 9.7% | 7.7% | 6.1% | 5.4% | 4.9% |
Allocation in Apr 2021change vs Feb 2021
- IT - Software (5)24.2%▲ 2.2 pts
- Capital Markets (4)13.5%▼ 1.0 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, Apr 2021
4.1%
▼ 1.1 pts vs Feb 2021
- Cash alone
- 3.6%
- cash and net receivables
- A year earlier
- 3.6%
- Apr 2020 · now ▲ 0.5 pts
- Last 12 months
- 2.8% – 6.6%
- 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 |