Parag Parikh Flexi Cap Fund: 1 stock exit, DLF sees major buying in September 2026 — key takeaways for investors

India’s largest active mutual fund scheme by assets under management, Parag Parikh Flexi Cap Fund, has disclosed its portfolio for September 2026, showing increased exposure to select existing holdings along with one complete exit.

The fund’s AUM stood at ₹1,47,405 crore in August 2026, which declined to ₹1,45,070 crore in September 2026.

Since its inception on 24 May 2013, the fund has delivered a 17.76% return, outperforming the 13.56% return generated by its benchmark index, Nifty 500 TRI. However, its performance over the last 1 year has been weaker, with the fund declining 3.54% as of 30 September 2026, compared with a fall of 2.03% for the Nifty 500 TRI.

Over a 3-year period, the fund delivered a 12.21% return compared with 9.50% for the Nifty 500 TRI. Over 5 years, the fund generated 11.15%, while the benchmark returned 9.04%.

Here’s a look at the key portfolio changes in this flexi-cap fund during September 2026.

Parag Parikh Flexi Cap Fund sold one stock in September 2026

Parikh Flexi Cap Fund completely exited Great Eastern Shipping Company from its portfolio in September.

The fund’s holding in The Great Eastern Shipping Company stood at 12.74 lakh shares in August 2026, accounting for only 0.11% of AUM. This was the fund’s only complete exit during the month.

However, the fund did not add any new stock during the month.

Stocks where Parag Parikh Flexi Cap Fund increased holdings in September 2026

Parikh Flexi Cap Fund increased its holdings in 13 existing positions during September. The largest increase in quantity was seen in DLF, where the fund added 390.64 lakh shares, raising its holding from 137.10 lakh shares in August 2026 to 527.73 lakh shares in September 2026.

Petronet LNG, Indus Towers and Indraprastha Gas were among the other stocks where the fund made sizeable additions. However, the fund did not reduce the quantity held in any stock during September.

Which international stocks make up 11.90% of the fund’s AUM?

Parikh Flexi Cap Fund held 11.90% of its AUM in four international stocks in September 2026: Alphabet Inc A (4.29%), Meta Platforms (2.83%), Microsoft (2.48%) and Amazon (2.30%).

Out of the 4, only Amazon’s holding increased marginally from 13.91 lakh shares in August 2026 to 13.95 lakh shares in September 2026, an increase of around 0.04 lakh shares.

HDFC Bank remained the fund’s largest stock holding in September, accounting for 7.75% of net assets. Power Grid Corporation of India followed at 5.60%, while ITC accounted for 5.49%.

Among the top 10 holdings, only Mahindra & Mahindra and Bajaj Holdings & Investment saw an increase in their holdings in September 2026.

What are the key takeaways for investors?

• One complete exit: The fund exited The Great Eastern Shipping Company in September.
• No new stock added: The fund did not introduce any new stock to its portfolio during the month.
• Major buying activity: DLF saw the largest increase, with the holding rising from 137.10 lakh shares to 527.73 lakh shares.
• No partial reductions: Apart from the complete exit, the fund did not reduce its quantity holding in any existing stock during September.
• Unchanged holdings: 26 stocks, including major holdings such as HDFC Bank, Power Grid, ITC, Coal India, ICICI Bank, Kotak Mahindra Bank and Infosys, remained unchanged during the month.

Disclaimer: This is purely for educational/informational purposes and should not be taken as any sort of investment advice. Always consult a SEBI-registered advisor before making any investment decisions.