Parag Parikh Flexi Cap Fund: HDFC Bank and The Great Eastern Shipping Company among stocks bought and sold in August

Parag Parikh Flexi Cap Fund, the largest active and flexi cap fund in terms of assets under management, saw a slight decrease in its overall holdings as of August 2026 compared to the previous month. The fund managed a substantial AUM of Rs 1.47 lakh crore, down from Rs 1.49 lakh crore in July 2026.

Among the stocks purchased by the fund in August were HDFC Bank, Coal India, Indraprastha Gas, CIE Automotive India, Mahanagar Gas, Mahindra & Mahindra, Maharashtra Scooters, Nesco, Petronet LNG, and Bajaj Holdings & Investment. Conversely, The Great Eastern Shipping Company was the sole stock the fund reduced its stake in, selling 9.31 lakh shares from its portfolio. In July, the fund held 22.05 lakh shares of this company, which dropped to 12.73 lakh shares by August.

The Great Eastern Shipping Company saw the fund's investment decrease, while DLF was a new addition to the portfolio, with the fund adding 1.37 crore shares in August. The fund maintained a total of 34 stocks in its portfolio by the end of August, a one-stock increase from the previous month.

The fund's portfolio was diversified across 26 sectors, with the majority of its holdings, around 20.91%, being in banks. IT and automobiles & ancillaries sectors also received significant attention, with the fund holding 10.32% and nearly 6.89% of its portfolio, respectively. The largest allocation was in HDFC Bank, amounting to around 7.63% of the fund's total investments, followed by ICICI Bank at 5.67% and Power Grid Corporation at 5.58%.

Parag Parikh Flexi Cap Fund's investment strategy remained focused on individual company merits rather than macro-economic conditions. They were not hesitant to invest in attractive opportunities, as per the fund house. The fund was also holding a substantial 11.58% in cash, debt & money market instruments, and arbitrage positions, ready to deploy in long-term investments when the timing was right.