Capitalmind Flexi Cap Fund reduce stake in HDFC Bank, ICICI Bank, and Bharti Airtel in February

Capitalmind Flexi Cap Fund reduced its stake in HDFC Bank, ICICI Bank and Bharti Airtel from its portfolio in February, according to the monthly portfolio disclosure by the fund house.

The flexi cap fund sold 16,330 shares of Bharti Airtel, followed by 8,710 shares of HDFC Bank and 3,870 shares of ICICI Bank from its portfolio.

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The stake in 14 stocks was increased in February. Around 93,820 shares of BPCL were added, taking the total count to 2.10 lakh shares in February compared with 1.17 lakh shares in January. Around 51,680 shares of Federal Bank, 16,305 shares of Indian Bank and 13,000 shares of Ashok Leyland were added to the portfolio.

The fund added only 1,900 shares of Muthoot Finance to its portfolio in February.

JK Tyre & Industries, APL Apollo Tubes, Indus Towers and The Great Eastern Shipping Company were among the seven new stocks added to the portfolio in February. Among these seven stocks, 1.54 lakh shares of Karur Vysya Bank, 1.04 lakh shares of Indus Towers and 67,286 shares of Shriram Finance were added to the portfolio.

A complete exit from six stocks was made in February. The flexi cap fund sold 79,023 shares of Bajaj Finance, 70,100 shares of UPL and 68,530 shares of SBI Cards and Payment Services from the portfolio.

The other stocks from which an exit was made were Solar Industries India, Asian Paints and Bajaj Finserv.

The exposure in 13 stocks remained unchanged, including Reliance Industries, Aditya Birla Capital, Bank of Baroda, Canara Bank, Coal India, Punjab National Bank and TVS Motor Company.

As a percentage of NAV, the fund has the highest allocation in Federal Bank at around 3.50%, followed by Ashok Leyland at 3.46%.

There were 37 stocks in the portfolio in February compared with 36 stocks in January. Launched on August 4, 2025, the fund is benchmarked against Nifty 500 TRI and is managed by Anoop Vijaykumar.

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The fund had an AUM of Rs 371 crore as of February 28, 2026. The portfolio of the fund is spread across 14 sectors. Since its inception, the fund has delivered a return of 0.62%. In the last six months, the fund returned 2.40% against a loss of 1.27% by the benchmark.

Among the top 10 sector holdings, the fund had the highest allocation to banks at around 21.54%, followed by automobiles and ancillaries where the allocation was 15.69% and non-ferrous metals where the allocation was 8.09%.

In February 2026, the fund house announced that the flexi cap fund, which completed six months on February 6, has outperformed its benchmark and category since launch, attracting broad participation across India with over 8,000 investors and 3,000 empanelled distributors.

The Flexi Cap Fund (Direct Growth) delivered a simple annualised return of 3.98%, outperforming the Nifty 500 TRI’s 2.57% and the flexi cap category average of 0.58% over the same period. The fund has thus beaten both its benchmark and category average since inception (as of February 6, 2026).

It was also reported that 36.7% of investors have invested more than twice in its schemes over the last six months, reflecting repeat participation from early investors.

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