Capitalmind Flexi Cap Fund exits Vedanta and 10 others; adds 9 stocks

Deepak Shenoy-backed Capitalmind Flexi Cap Fund has made a complete exit from Vedanta, Vedanta Oil and Gas and nine more stocks in July, whereas it added Radico Khaitan and seven more stocks in its portfolio in the same time period, according to the monthly portfolio disclosed (Source: ACE MF)

The fund sold 1.94 lakh shares each of Vedanta and Vedanta Oil and Gas from its portfolio in July. It sold 14.76 lakh shares of NMDC worth Rs 12.75 crore, followed by 5.92 lakh shares of Tata Steel and 3.68 lakh shares of National Aluminium Company from the portfolio.

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The other six stocks from which the fund made a complete exit were JSW Steel, The Great Eastern Shipping Company, JB Chemicals & Pharmaceuticals (Amalgamated), Bajaj Auto, Coal India and Vedanta Aluminium Metal.

The flexicap fund added 33,897 shares of Radico Khaitan worth Rs 14.71 crore in July as a new entrant. Around 5.47 lakh shares of Capri Global Capital and 4.17 lakh shares of FSN E-Commerce Ventures were added to the portfolio of this flexi cap fund.

Sun Pharmaceuticals, The Phoenix Mills, Titan Company, Navin Fluorine International and Oracle Financial Services Software were the other five stocks added to the portfolio.

The stake was reduced in MTAR Technologies and Anand Rathi Wealth by selling 1,899 and 8,619 shares, respectively, from the portfolio.

The fund increased its exposure to 17 stocks in July compared with the previous month. It added 7.42 lakh shares of Bank of Maharashtra, taking its total holding to 22.05 lakh shares. This was followed by an addition of 2.23 lakh shares of Karur Vysya Bank, taking its total holding to nearly 4.73 lakh shares.

The fund also added nearly 70,324 shares of The Jammu & Kashmir Bank and 23,014 shares of Himadri Speciality Chemicals. Its holding in Hindalco Industries increased by 19,552 shares to 1.60 lakh shares.

Around 12,580 shares of The Federal Bank, 11,944 shares of RR Kabel and 11,367 shares of Zydus Lifesciences were also added to the portfolio.

Lupin, Torrent Pharmaceuticals, Cummins India, Nestle India, Apollo Hospitals Enterprises, Aurobindo Pharma, Welspun Corporation, Granules India and Laurus Labs were among the other stocks where the fund increased its stake in July.

The fund's exposure remained unchanged in around five stocks during the month. Overall, the flexi-cap fund had 32 stocks in its portfolio in July, down from 35 in the previous month. The portfolio was spread across 16 sectors, with healthcare accounting for 24.717%, followed by banks at 14.43% and finance at 7.42%.

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Since its inception, the fund has delivered a negative return of 1.96%. In the last three months, the fund delivered 3.53%, and in the last six months, it gained 0.63%. The fund was launched on August 4, 2025.

The fund has allocated 26.04% to largecaps, 40.09% to midcaps, 32.59% to smallcaps and 1.28% to others.

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