Parag Parikh Flexi Cap Fund Strengthens Bets on ITC, Power Grid, Bharti Airtel in June 2025

The Parag Parikh Flexi Cap Fund, India’s largest active and flexi cap mutual fund by assets under management (AUM), made notable portfolio adjustments in June 2025. The fund increased its exposure to a mix of large and mid-cap names, signalling continued confidence in specific sectors and companies.

Key Additions: ITC, Coal India, and Power Grid

One of the biggest highlights was the fund’s increased stake in ITC, with an addition of 81.51 lakh shares, taking the total holding to 11.74 crore shares in June up from 10.92 crore in May. Similarly, the fund acquired 63.57 lakh shares of Coal India, underscoring bullish sentiment in the energy and FMCG sectors.

In the power sector, Power Grid Corporation of India also saw a significant boost, with 1.53 crore shares added to the portfolio. Bharti Airtel, a key player in the telecom space, witnessed an inflow of 91.37 lakh shares.

Other Notable Increases

The fund also raised exposure to several other prominent names across sectors:

• Cipla
• EID Parry India
• HCL Technologies
• HDFC Bank
• ICICI Bank
• Kotak Mahindra Bank
• Mahindra & Mahindra
• Nesco

This reflects a diversified investment approach across pharmaceuticals, agriculture, IT, and banking sectors.

Parag Parikh Flexi Cap Fund New Entry: Zydus Wellness

The only new entrant to the portfolio in June was Zydus Wellness, with the fund adding 44 lakh shares during the month. This inclusion suggests a strategic expansion into the consumer health and wellness segment.

Parag Parikh Flexi Cap Fund June Trims and Reductions

On the downside, the fund reduced its holdings in only two stocks:

• Motilal Oswal Financial Services – Reduced by 48 lakh shares
• IPCA Laboratories – Trimmed by 3.29 lakh shares

Notably, the fund did not exit any stock completely during the period, indicating a cautious yet constructive stance toward equity markets.

Parag Parikh Flexi Cap Fund Overview

As of June 30, 2025, the Parag Parikh Flexi Cap Fund had an AUM of ₹1.10 lakh crore and held 29 stocks, up from 28 in May. The scheme, known for its dynamic allocation strategy, invests across large-cap, mid-cap, and small-cap segments, along with selective exposure to international equities and fixed income instruments.

The fund’s core investment philosophy emphasizes long-term capital appreciation, driven by a deep evaluation of business quality, sector dynamics, return on capital, growth potential, and valuations.

Read More: Top Fund of Funds in July 2025 That Turned ₹10K/Month SIP Into Over ₹10 Lakh in 5 Years.

Conclusion

The June 2025 portfolio update of the Parag Parikh Flexi Cap Fund reflects a balanced approach, with selective increases in certain stocks. The fund continues to diversify across sectors while maintaining its core long-term investment philosophy. For investors, future allocations will depend on market conditions, valuations, and emerging opportunities.

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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 scheme-related documents carefully.