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 March 2024 it disclosed 48 stocks worth ₹60,559 Cr, up ₹1,659 Cr from Feb 2024. Its largest positions were HDFC Bank Limited (8.1%), Bajaj Holdings & Investment Limited (6.5%), Power Grid Corporation of India Limited (6.2%); the ten largest together made up 54.9% of the portfolio, and Banks was the biggest sector at 22.8% of its equity. Cash and debt stood at 13.5%. Compared with Feb 2024 the fund entered 3 new stocks and exited 1.
Against 43 other Flexi Cap funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
19%
Holds more stocks than 19% of peers
Cash
95%
Holds more cash than 95% of peers
What these mean: concentration · cash
Holdings in March 2024
Download CSVEvery line the fund disclosed, with the change against Feb 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Cash, TREPS & receivables | 10.10% | up 1.12 pts | ₹6,114 Cr | up ₹828 Cr | Added |
| HDFC Bank Limited | 8.06% | up 0.13 pts | ₹4,880 Cr | up ₹209 Cr | Added |
| Bajaj Holdings & Investment Limited | 6.52% | down 0.71 pts | ₹3,948 Cr | down ₹309 Cr | Trimmed |
| Power Grid Corporation of India Limited | 6.17% | up 0.04 pts | ₹3,737 Cr | up ₹124 Cr | Added |
| Maruti Suzuki India Limited | 5.75% | up 0.45 pts | ₹3,481 Cr | up ₹362 Cr | Added |
| ICICI Bank Limited | 5.19% | up 0.05 pts | ₹3,143 Cr | up ₹118 Cr | Added |
| ITC Limited | 5.17% | up 0.19 pts | ₹3,133 Cr | up ₹197 Cr | Added |
| Coal India Limited | 4.97% | down 0.17 pts | ₹3,009 Cr | down ₹18 Cr | Trimmed |
| HCL Technologies Limited | 4.77% | down 0.52 pts | ₹2,888 Cr | down ₹225 Cr | Trimmed |
| Microsoft Corp | 4.25% | down 0.02 pts | ₹2,572 Cr | up ₹57.8 Cr | Added |
| Axis Bank Limited | 4.09% | down 0.23 pts | ₹2,476 Cr | down ₹66 Cr | Trimmed |
| Meta Platforms Meta Platforms Registered Shares A · history in this fund | 3.95% | down 0.13 pts | ₹2,393 Cr | down ₹8.5 Cr | Held |
| Alphabet Inc. | 3.89% | up 0.24 pts | ₹2,358 Cr | up ₹209 Cr | Added |
| Amazon Com Inc | 3.39% | down <0.01 pts | ₹2,051 Cr | up ₹54.4 Cr | Added |
| Kotak Mahindra Bank Limited | 2.29% | up 0.06 pts | ₹1,386 Cr | up ₹74.6 Cr | Added |
| Motilal Oswal Financial Services Limited | 2.10% | up 0.01 pts | ₹1,270 Cr | up ₹39.4 Cr | Added |
| Balkrishna Industries Limited | 1.60% | up 0.02 pts | ₹971 Cr | up ₹37 Cr | Added |
| NMDC Limited | 1.57% | down 0.24 pts | ₹953 Cr | down ₹114 Cr | Trimmed |
| Multi Commodity Exchange of India Limited | 1.38% | down 0.21 pts | ₹835 Cr | down ₹103 Cr | Trimmed |
| Central Depository Services (India) Limited | 1.36% | down 0.21 pts | ₹822 Cr | down ₹98.5 Cr | Trimmed |
| Zydus Lifesciences Limited | 1.28% | up 0.03 pts | ₹774 Cr | up ₹38.7 Cr | Added |
| Infosys Limited | 1.16% | down 0.17 pts | ₹704 Cr | down ₹82.7 Cr | Trimmed |
| Cipla Limited | 1.03% | down 0.02 pts | ₹625 Cr | up ₹6.9 Cr | Added |
| Dr. Reddy's Laboratories Limited | 1.02% | up 0.03 pts | ₹620 Cr | up ₹36.6 Cr | Added |
| Indian Energy Exchange Limited | 0.98% | down 0.09 pts | ₹594 Cr | down ₹34.5 Cr | Trimmed |
| Indraprastha Gas Limited | 0.93% | up 0.13 pts | ₹564 Cr | up ₹94.6 Cr | Added |
| Oracle Financial Services Software Limited | 0.77% | up 0.08 pts | ₹469 Cr | up ₹58.8 Cr | Added |
| IPCA Laboratories Limited | 0.72% | up 0.01 pts | ₹438 Cr | up ₹15.6 Cr | Added |
| UTI Asset Management Company Limited | 0.45% | down 0.06 pts | ₹274 Cr | down ₹29 Cr | Trimmed |
| Bajaj Finance Limited | 0.43% | up 0.03 pts | ₹262 Cr | up ₹27.2 Cr | Added |
| 364 Days Tbill (MD Debt | 0.39% | up 0.15 pts | ₹237 Cr | up ₹95.5 Cr | Added |
| ICRA Limited | 0.38% | down 0.04 pts | ₹230 Cr | down ₹18.3 Cr | Trimmed |
| Canara Bank Money market | 0.31% | down 0.01 pts | ₹188 Cr | up ₹1.5 Cr | Added |
| Punjab National Bank Money market | 0.31% | down 0.01 pts | ₹188 Cr | up ₹1.4 Cr | Added |
| Union Bank of India Money market | 0.31% | down 0.01 pts | ₹188 Cr | up ₹1.4 Cr | Added |
| ICICI Bank Limited Money market | 0.28% | down 0.01 pts | ₹168 Cr | up ₹1.3 Cr | Added |
| National Bank For Agriculture and Rural Development Money market | 0.27% | down 0.01 pts | ₹165 Cr | up ₹1.3 Cr | Added |
| Bank of Baroda Money market | 0.24% | down 0.01 pts | ₹148 Cr | up ₹1 Cr | Added |
| EID Parry India Limited | 0.20% | down 0.04 pts | ₹123 Cr | down ₹18.9 Cr | Trimmed |
| Kotak Mahindra Bank Limited Money market | 0.19% | down <0.01 pts | ₹118 Cr | up ₹92 L | Added |
| HDFC Bank Limited Money market | 0.19% | down <0.01 pts | ₹118 Cr | up ₹95 L | Added |
| Axis Bank Limited Money market | 0.19% | down <0.01 pts | ₹118 Cr | up ₹96 L | Added |
| Zee Entertainment Enterprises Limited | 0.14% | up 0.14 pts | ₹86.2 Cr | up ₹86.2 Cr | New |
| State Bank of India Money market | 0.12% | down <0.01 pts | ₹74.3 Cr | up ₹49 L | Added |
| Kotak Mahindra Bank Limited Money market | 0.12% | down <0.01 pts | ₹70.8 Cr | up ₹55 L | Added |
| Tata Consultancy Services Limited | 0.11% | up 0.07 pts | ₹63.6 Cr | up ₹40.5 Cr | Added |
| Maharashtra Scooters Limited | 0.09% | down 0.01 pts | ₹57.5 Cr | down ₹2.5 Cr | Trimmed |
| 364 DAYS T-BILL 2025 Debt | 0.09% | down <0.01 pts | ₹56.9 Cr | up ₹34 L | Added |
| Bank of Baroda Money market | 0.08% | down <0.01 pts | ₹49.5 Cr | up ₹33 L | Added |
| Axis Bank Limited Money market | 0.08% | down <0.01 pts | ₹47.6 Cr | up ₹37 L | Added |
What changed, Feb 2024 to Mar 2024
New New positions (3)
- Zee Entertainment Enterprises Limited0.1% · ₹86.2 Cr
- Mahindra & Mahindra Limited<0.1% · ₹18.2 Cr
- Piramal Enterprises Limited<0.1% · ₹6.1 Cr
Exited Exited (1)
- NMDC Steel Limitedwas 0.1% · ₹84.9 Cr
Added Biggest additions
- Maruti Suzuki India Limitedup ₹362 Cr (+0.45% pts)
- HDFC Bank Limitedup ₹209 Cr (+0.13% 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 Feb 2024, the weight rose most in Automobiles (+0.6 pts) and Banks (+0.3 pts), and fell most in Finance (−0.7 pts) and Capital Markets (−0.5 pts).
- Automobiles6.1% → 6.7%+0.6 pts
- Banks22.5% → 22.8%+0.3 pts
- Diversified FMCG5.7% → 6.0%+0.3 pts
- Gas0.9% → 1.1%+0.2 pts
- Entertainment0.0% → 0.2%new+0.2 pts
- Power7.0% → 7.1%+0.1 pts
- Finance9.3% → 8.6%−0.7 pts
- Capital Markets7.8% → 7.2%−0.5 pts
- Minerals & Mining2.1% → 1.8%−0.2 pts
- Ferrous Metals0.2% → 0.0%exited−0.2 pts
- IT - Software17.5% → 17.3%−0.1 pts
- Consumable Fuels5.9% → 5.7%−0.1 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 | Feb 2021 | Mar 2023 | Sep 2023 | Dec 2023 | Feb 2024 | Mar 2024 |
|---|---|---|---|---|---|---|
| Banks | 9.0% | 13.9% | 22.4% | 22.6% | 22.5% | 22.8% |
| IT - Software | 22.0% | 19.1% | 19.1% | 18.4% | 17.5% | 17.3% |
| Finance | 8.9% | 18.9% | 10.2% | 9.1% | 9.3% | 8.6% |
| Capital Markets | 14.5% | 7.5% | 7.2% | 8.2% | 7.8% | 7.2% |
| Power | — | 5.3% | 5.7% | 6.1% | 7.0% | 7.1% |
| Automobiles | 5.3% | 4.1% | 5.9% | 5.9% | 6.1% | 6.7% |
| Diversified FMCG | 8.5% | 8.7% | 7.4% | 6.4% | 5.7% | 6.0% |
| Consumable Fuels | — | 5.4% | 5.7% | 5.8% | 5.9% | 5.7% |
| Pharmaceuticals & Biotechnology | 5.4% | 5.3% | 4.2% | 4.5% | 4.6% | 4.7% |
| Internet & Technology | 5.0% | 3.7% | 4.0% | 3.9% | 4.7% | 4.6% |
Allocation in Mar 2024change vs Feb 2024
- Banks (6)22.8%▲ 0.3 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, Mar 2024
13.5%
▲ 1.2 pts vs Feb 2024
- Cash alone
- 10.1%
- cash and net receivables
- A year earlier
- 13.0%
- Mar 2023 · now ▲ 0.5 pts
- Last 12 months
- 12.3% – 14.8%
- 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 |