Parag Parikh Flexi Cap Fund Increases Exposure To ITC, HDFC Bank and More In October 2025

Parag Parikh Flexi Cap Fund (PPFCF), managed by PPFAS Mutual Fund, increased its holdings in ten companies during October 2025. As per the fund house's monthly report, the fund raised its stake in ITC, HDFC Bank, ICICI Bank, Cipla, Dr Reddy’s Laboratories, EID Parry India, Mahindra & Mahindra, Power Grid Corporation of India (PGCIL), and Zydus Lifesciences. There were no new additions or complete exits from the portfolio during the month.

Increase in Key Holdings

The fund added around 30.50 lakh shares of ITC, taking the total to 13.87 crore shares in October, compared to 13.57 crore in September. Its stake in HDFC Bank and ICICI Bank also went up, with ICICI Bank seeing an addition of 10.80 lakh shares. The fund purchased 58.63 lakh shares of PGCIL in the same period.

Minor Reductions

PPFCF reduced its holding in HCL Technologies by selling 5.68 lakh shares. The total now stands at 1.81 crore shares compared to 1.87 crore in September. No other major reductions were made, and the overall portfolio count remained unchanged.

Unchanged Holdings

Exposure in 17 stocks, including Axis Bank, Bharti Airtel, Coal India, CDSL, Infosys, Kotak Mahindra Bank, Maruti Suzuki, MCX, and Nesco, remained the same. The total number of stocks held in October stood at 27, the same as the previous month.

Fund Details

As of October 31, 2025, Parag Parikh Flexi Cap Fund had assets under management of ₹1.25 lakh crore. The fund holds about 25% of its portfolio in cash, debt, and money market instruments for future deployment.

It is an open-ended equity scheme that invests at least 65% in Indian equities and up to 35% in overseas equity and debt securities.

Read More: 10 Equity Mutual Funds Deliver Over 20% CAGR in 3, 5, and 7 Years as of Nov 2025!

Conclusion 

Launched on May 24, 2013, the fund is managed by a team led by Rajeev Thakkar. Since its inception, the regular plan has delivered 18.92% returns, while the direct plan has generated 19.77%. The core portfolio focuses on long-term investments in quality businesses and stable sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.