How Parag Parikh Flexi Cap Fund managers tweaked their equity portfolio in June 2026

Parag Parikh Flexi Cap Fund added 12 new stocks to its portfolio in June while increasing its holdings in several existing companies, according to data compiled by ACE MF. The fund did not report any stock exits during the month

New stocks added by Parag Parikh Flexi Cap Fund in June 2026

Among the fresh bets, Petronet LNG was the largest with an investment valued at ₹281.03 crore, followed by Canara Bank (₹139.71 crore), UltraTech Cement (₹126.31 crore), Hindustan Unilever (₹93.54 crore), Divi's Laboratories (₹92.44 crore) and BSE (₹54.12 crore). The fund also invested ₹33.55 crore in TVS Motor Company, ₹22.27 crore in IDFC First Bank, ₹21.84 crore in Ashok Leyland, ₹4.50 crore in Tata Consumer Products, ₹1.34 crore in Lupin and ₹0.38 crore in JSW Energy.

Stocks where Parag Parikh Flexi Cap Fund increased holdings

Among existing holdings, the fund made its biggest addition in ITC, buying 1.55 crore shares during the month. This took its total holding to 30.33 crore shares, valued at ₹8,704.36 crore at the end of June.

The fund also bought 54 lakh shares of Infosys, taking its holding to 4.27 crore shares worth ₹4,275.67 crore, and 31.15 lakh shares of HCL Technologies, taking its holding to 4.61 crore shares valued at ₹4,939.61 crore.

Other notable additions included 27.75 lakh shares of Kotak Mahindra Bank (holding worth ₹6,064.75 crore), 20.71 lakh shares of CMS Info Systems (₹272.09 crore), 19.90 lakh shares of Reliance Industries (₹525.45 crore), 18.71 lakh shares of E.I.D. Parry (India) (₹723 crore), 18.26 lakh shares of Tata Consultancy Services (₹3,595.92 crore), 17.10 lakh shares of Bharat Electronics (₹91.72 crore) and 16.05 lakh shares of Bharti Airtel (₹4,217.39 crore).

The fund also increased its holdings in Indraprastha Gas, Eternal, Bajaj Finance, Tata Steel, Oil & Natural Gas Corporation, State Bank of India, Axis Bank, Cipla, Mahindra & Mahindra and several other stocks during the month.

Stocks where the fund reduced holdings

On the other hand, the fund trimmed its exposure to Dr. Reddy's Laboratories, selling 8.44 lakh shares to reduce its holding to 1.35 crore shares, valued at ₹1,825.92 crore. It also pared its stake in Maruti Suzuki India by 1.51 lakh shares, taking its holding to 28.88 lakh shares worth ₹4,077.11 crore.

HDFC Bank remained the fund's biggest holding at the end of June, with investments worth ₹11,947.48 crore, or 8.33% of the portfolio. Power Grid Corporation of India was the second-largest holding at ₹8,933.21 crore (6.23%), followed by ITC (₹8,704.36 crore; 6.07%), ICICI Bank (₹7,909.78 crore; 5.52%) and Coal India (₹7,675.31 crore; 5.35%).

Parag Parikh Flexi Cap Fund, managed by Rajeev Thakkar, had assets under management (AUM) of ₹1.43 lakh crore as on June 30, 2026. Launched on May 24, 2013, the open-ended flexi cap scheme tracks the NIFTY 500 TRI. The fund has delivered a three-year annualised return of 13.64% and a five-year annualised return of 13.38%, while its one-year return stood at -3.26%.