Parag Parikh Flexi Cap Fund Raises Stakes in ITC, TCS and Others; Cuts Exposure to Coal India and MCX

Parag Parikh Flexi Cap Fund, the largest active and flexi‑cap fund by assets, made notable changes to its portfolio in January 2026. The fund increased stakes in several large‑cap names while reducing exposure to a few others, reflecting a shift in its investment focus. 

Portfolio Additions in ITC, TCS and Kotak Mahindra Bank 

The fund added 6,12,00,000 shares of ITC, bringing the total to 20,99,00,000 shares from 14,87,00,000 in December.  

It also bought 9,84,00,000 shares of Kotak Mahindra Bank and 38,11,000 shares of Tata Consultancy Services. These additions increased the fund’s exposure to large‑cap equities. 

Reductions in Coal India, MCX and Bharti Airtel 

Shares of Coal India were reduced by 22,07,000, and MCX shares were trimmed by 2,247. The fund also exited Bharti Airtel completely, selling 2,11,00,000 shares. These moves lowered the fund’s concentration in the energy and commodity sectors. 

New Additions: CIE Automotive and CMS Info System 

2 new stocks were introduced: 4,62,000 shares of CIE Automotive India and 1,99,000 shares of CMS Info System. These additions diversify the fund’s holdings into automotive and information technology services. 

Overall Portfolio Composition and AUM 

In January 2026, the fund held 31 stocks, up from 30 in December. The asset under management rose to ₹1,33,969 crore from ₹1,33,308 crore.  

The fund’s allocation remained 62.83% large caps, 2.4% mid caps, 2.72% small caps and 32.5% others, benchmarked against NIFTY 500 (TRI). The expense ratio stood at 0.10% and the three‑month return was 1.43%. 

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Conclusion 

The Parag Parikh Flexi Cap Fund’s January 2026 adjustments show a strategic increase in large‑cap exposure, a reduction in commodity and energy holdings, and the addition of new sectors. The fund’s AUM and stock count grew modestly, maintaining its focus on long term capital growth. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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 scheme‑related documents carefully.