Twin Titans of Investing: 20 Stocks Shared by Parag Parikh and HDFC Flexi-Cap Funds

In a recent analysis by Value Research, it was revealed that nearly 60% of HDFC Flexi Cap Fund’s portfolio mirrors the top holdings of Parag Parikh Flexi Cap Fund. As of September 30, 2025, Parag Parikh leads with ₹1.19 lakh crore in net assets, while HDFC Flexi Cap follows closely. The 20 shared stocks span across sectors like banking, IT, FMCG, and auto, reflecting a balanced approach to growth and stability. This convergence suggests that both fund managers see long-term value in these companies, making them potential picks for retail investors seeking consistency and performance.

Notable updates

• Combined AUM: Over ₹2 lakh crore between both funds  
• Parag Parikh Flexi Cap: ₹1.19 lakh crore in assets (as of Sep 2025)  
• HDFC Flexi Cap: Significant overlap with Parag Parikh’s top holdings  
• 20 common stocks include HDFC Bank, ICICI Bank, Infosys, Bajaj Auto, and ITC  
• Sector spread: Banking, IT, FMCG, Auto, and diversified industrials  
• Indicates high-conviction bets and portfolio alignment among top fund managers  

Sources: Value Research Online, Trade Brains, Trendlyne.