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✦Reported by Economic Times

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

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

Executive Brief • Key Highlights

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  • ✓Parag Parikh Flexi Cap Fund increased its stake in Coal India, Mahindra & Mahindra, Indus Towers and 11 other stocks in October.
  • ✓The fund added 25.64 lakh shares of Coal India and 12.87 lakh shares of M&M.
  • ✓It also bought more shares of DLF, Petronet LNG and Indraprastha Gas this month.

Story at a Glance

Category
Indian Markets
Reported By
Economic Times
Reading Speed
3 Minute(s)
Market Focus
India Economy

Parag Parikh Flexi Cap Fund increased its stake in Coal India, Mahindra & Mahindra, Indus Towers and 11 other stocks in October, according to its latest portfolio disclosure. The fund added shares of DLF, Petronet LNG and Indraprastha Gas, among others, while maintaining its exposure to several existing holdings.

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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