Parag Parikh Flexi Cap Fund increases stake in Coal India, M&M, Indus Towers and 11 others in October

Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund by assets under management, increased its stake in Coal India, Mahindra & Mahindra (M&M), Indus Towers and 11 other stocks in October, according to the monthly portfolio disclosed by PPFAS Mutual Fund.

The fund added 25.64 lakh shares of Coal India to its portfolio, taking its total holding to 18.66 crore shares in October, compared with 18.40 crore shares in the previous month. Around 12.87 lakh shares of M&M were added to the portfolio, taking the total number of shares to 2.04 crore in October, compared with 1.91 crore shares in September.

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The flexi cap fund added 93.72 lakh shares of Indus Towers to its portfolio and held 1.65 crore shares in October. Among the other 11 stocks in which the fund increased its exposure, the maximum number of shares were added to DLF. The fund added 1.85 crore shares of DLF to its portfolio and held 7.13 crore shares in October.

This was followed by the addition of 1.07 crore shares of Petronet LNG, taking the total holding to 4.11 crore shares in October. Around 36.96 lakh shares of Indraprastha Gas were added to the portfolio, followed by 10.77 lakh shares of Mahanagar Gas, 6.01 lakh shares of CIE Automotive India and 5.91 lakh shares of EID Parry India.

The other five stocks in which the fund increased its stake were Bajaj Holdings & Investment, Dr. Reddy's Laboratories, Maharashtra Scooters, Maruti Suzuki and Nesco.

The fund did not add any new stocks to its portfolio, nor did it make a complete exit from any stock. It also did not reduce its exposure to any stock during the period.

The exposure remained unchanged in nearly 19 stocks, including Axis Bank, Bharti Airtel, CDSL, HCL Technologies, ICICI Bank, HDFC Bank, Infosys, ITC and TCS.

In October, the fund had nearly 33 stocks in its portfolio, unchanged from the previous month. The fund had an AUM of Rs 1.46 lakh crore as of October 31, 2026, compared with Rs 1.45 lakh crore in the previous month.

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The fund is benchmarked against the Nifty 500 TRI. It is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Tejas Soman, Mansi Kariya and Aishwarya Dhar.

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