Parag Parikh Flexi Cap Fund Buys on Dip: Adds New Stocks, Boosts Holdings in IT, FMCG

• Parag Parikh Flexi Cap Fund strategically reduced cash holdings and increased equity exposure in January.
• The fund added two new stocks, CIE Automotive and CMS Info Systems, to its portfolio.
• Significant increases in holdings were seen in TCS, HCL Tech, and ITC, capitalizing on market downturns.
• AUM rose to ₹1.34 lakh crore, with cash levels decreasing from 20.2% to 18% and long equity rising to 68%.
• Top holdings include HDFC Bank, Power Grid, Coal India, ITC, and ICICI Bank.