Parag Parikh Flexi Cap Fund increases stake in ITC, TCS and 14 others, trims exposure to Coal India and MCX

Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund based on assets managed, has increased its stake in ITC, TCS and 14 other stocks in January 2026, whereas it has reduced its holdings in Coal India and Multi Commodity Exchange of India during the same period.

Around 6.12 crore shares of ITC were added to the portfolio, taking the total share count to 20.99 crore in January against 14.87 crore shares in December. The fund added 9.84 crore shares of Kotak Mahindra Bank and 38.11 lakh shares of Tata Consultancy Services.

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This flexi cap fund reduced its stake in Coal India and MCX in January. Around 22.07 lakh shares of Coal India and 2,247 shares of MCX were offloaded from the portfolio.

A complete exit was made from Bharti Airtel by selling 2.11 crore shares from the portfolio. Two new stocks were added to the portfolio. Around 4.62 lakh shares of CIE Automotive India and 1.99 lakh shares of CMS Info System were added to the portfolio.

The exposure in 11 stocks remained unchanged, which includes Axis Bank, ICICI Bank, Indian Energy Exchange, Indus Towers, Nesco, Swaraj Engines, and Zydus Wellness.

In January 2026, the fund had 31 stocks compared to 30 in the previous month. The fund had an AUM of Rs 1,33,969 crore in January 2026 compared to Rs 1,33,308 crore in December.

The investment objective of the fund is to generate long-term capital growth from an actively managed portfolio primarily of equity and equity-related securities. The scheme shall invest in Indian equities, foreign equities, related instruments and debt securities.

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

The fund holds 62.83% in large caps, 2.4% in mid caps, 2.72% in small caps, and 32.5% in others.

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