Parag Parikh Flexi Cap's Big 3 IT exposure (TCS, Infosys, HCL Tech)
Dec 2025: 5.7%
April 2026: 9.2%
May 2026: 9.2%
PPFAS rapidly increased their IT exposure at the beginning of 2026.
One thing you have to realise about mutual funds,
Be it an active or passive fund - It will have periods of underperformance. You can't always generate returns, and you can't keep changing funds.
Stop wasting time trying to optimise returns. Focus on increasing income.
Market-weighted indices like Nifty 50, S&P 500 are actually based on predefined rules where market cap is an important factor.
They can't add or remove stocks/sectors based on their beliefs or emotions.
Actually it's maths formula. Top 50 companies satisfying that formula gets added regardless of it being "past winners" or "future winners".
Tanishq is giving a pop up in app to push for exchanging old gold instead of buying new.
Seeing lot of physical banner ads by many gold brands around my area, to exchange older gold. Gold ETFs pausing large investments too.
Seems like an industry wide push for reducing gold imports.
Today following mutual funds bought GNG Electronics at an average price of ₹390
+ ITI
+ Trust
+ Edelweiss
+ Mirae Asset
Selling came from promoters.
And following mutual funds bought Lenskart at an average price of ₹490
+ SBI
+ Kotak
+ ICICI Pru
+ Aditya Birla
+ Mirae Asset
+ Canara Robeco
+ Franklin Templeton
Selling came from UAE's sovereign wealth fund.
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