Parag Parikh Flexi Cap Fund acquires 31 lakh HDFC Bank shares, boosting stake to 8%
Parag Parikh Flexi Cap Fund, the largest flexi-cap mutual fund based on assets under management, has added around 31.28 lakh shares of HDFC Bank to its portfolio, making it 8.11% of the total assets, with a total of 4.28 crore shares as of January 31, 2025.
Delhi Elections Live
Tax calculator
The flexi-cap fund increased its stake in seven other stocks apart from HDFC Bank. Around 81.29 lakh shares of Coal India were added to the portfolio, bringing the total number of shares to 13.93 crore as of January.
Around 35.34 lakh shares of Mahindra & Mahindra were added to the portfolio, followed by 30.36 lakh shares of Kotak Mahindra Bank. The fund also increased its exposure to Cipla, Dr. Reddy’s Laboratories, ICICI Bank, and Narayana Hrudayalaya.
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-118108407»>
Also Read | NFO Insight: Should you invest in Mahindra Manulife Value Fund now?
The exposure in five stocks was reduced, including ICRA, IPCA Laboratories, Maruti Suzuki India, Motilal Oswal Financial Services, and Multi Commodity Exchange of India. Around 13.10 lakh shares of Motilal Oswal Financial Services and 12.95 lakh shares of IPCA Laboratories were sold from the portfolio during this period.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Ar
