Parag Parikh Large Cap Fund
Parag Parikh remains heavily anchored to financial services and energy infrastructure, with banks commanding nearly a quarter of assets. The month's strategic pivot is revealing: adding Vedanta's commodity plays while trimming insurance and discretionary holdings suggests conviction that commodity cycles and power demand will outpace consumption-linked stories. This concentrated portfolio of 109 stocks (top-10 at 43%) is betting on cyclical mean reversion rather than defensive positioning.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹9.3836 | — | — | — | — |
| Regular Growth | ₹9.3738 | -1.54% | — | — | — |
| Direct IDCW | ₹9.3909 | — | — | — | — |
| Regular IDCW | ₹9.3737 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Index-AlignedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Vedanta Aluminium Metal Limited ** | 0.15% |
| Malco Energy Limited ** | 0.15% |
| Vedanta Iron And Steel Limited ** | 0.15% |
| Talwandi Sabo Power Limited ** | 0.15% |
| 91 Days Tbill (MD 28/05/2026) | 0.71% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 8.67% |
| 2 | Reliance Industries Limited INE002A01018 | 7.10% |
| 3 | ICICI Bank Limited INE090A01021 | 6.63% |
| 4 | Bharti Airtel Limited INE397D01024 | 4.25% |
| 5 | Larsen & Toubro Limited INE018A01030 | 3.46% |
| 6 | State Bank of India INE062A01020 | 3.25% |
| 7 | Infosys Limited INE009A01021 | 3.04% |
| 8 | Axis Bank Limited INE238A01034 | 2.67% |
| 9 | ITC Limited INE154A01025 | 2.23% |
| 10 | Kotak Mahindra Bank Limited INE237A01036 | 2.07% |
| 11 | Mahindra & Mahindra Limited INE101A01026 | 2.03% |
| 12 | Tata Consultancy Services Limited INE467B01029 | 1.86% |
| 13 | Bajaj Finance Limited INE296A01032 | 1.84% |
| 14 | Hindustan Unilever Limited INE030A01027 | 1.47% |
| 15 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.41% |
| 16 | NTPC Limited INE733E01010 | 1.39% |
| 17 | Titan Company Limited INE280A01028 | 1.33% |
| 18 | Eternal Limited INE758T01015 | 1.31% |
| 19 | Tata Steel Limited INE081A01020 | 1.28% |
| 20 | Maruti Suzuki India Limited INE585B01010 | 1.28% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Parag Parikh Large Cap Fund hold?
Parag Parikh Large Cap Fund holds 108 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.11% of NAV.
What is the largest holding in Parag Parikh Large Cap Fund?
The largest position in Parag Parikh Large Cap Fund is HDFC Bank Limited, accounting for 8.67% of NAV in the Banks sector.
Is Parag Parikh Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.543, Parag Parikh Large Cap Fund is moderately concentrated. The HHI concentration index is 28,493 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.11% of the portfolio.
What is the market cap allocation of Parag Parikh Large Cap Fund?
Based on SEBI's AMFI classification, Parag Parikh Large Cap Fund's equity portfolio is split as: Large Cap: 94.73%, Mid Cap: 1.22%, Small Cap: 0.16%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Parag Parikh Large Cap Fund invest in most?
Parag Parikh Large Cap Fund has the highest allocation to Banks (24.50%), Petroleum Products (7.94%), IT - Software (7.23%). The fund is invested across 40 sectors in total.
How actively managed is Parag Parikh Large Cap Fund compared to other Large Cap Fund funds?
Parag Parikh Large Cap Fund has an Active Share of 21.22%, classifying it as "Index-Aligned" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Parag Parikh Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Parag Parikh Large Cap Fund added 5 new stocks (including Vedanta Aluminium Metal Limited **) and exited 5 stocks (including ICICI Lombard General Insurance Company Limited). Total holding count increased from 108 to 109 stocks.