Sectoral Views on WebNotes

PPFAS view on banking and financials

Sat, 16 May 2026 00:00:00 +0000

The PPFAS view on banking and financials is the body of investment reasoning through which PPFAS Mutual Fund has built and maintained substantial positions in Indian banking and financial-services equities at the Parag Parikh Flexi Cap Fund , including the long-running positions in HDFC Bank , ICICI Bank , Kotak Mahindra Bank Limited and Bajaj Holdings and Investment Limited. The banking-and-financials view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety , focused portfolio construction and the owner mindset framework, and has been articulated through monthly factsheet commentary by Chief Investment Officer Rajeev Thakkar and at the PPFAS Annual Unitholders’ Meet by the broader investment team.

PPFAS view on consumption stocks

Sat, 16 May 2026 00:00:00 +0000

The PPFAS view on consumption stocks is the body of investment reasoning through which PPFAS Mutual Fund has periodically built and maintained substantial positions in Indian consumption-sector equities at the Parag Parikh Flexi Cap Fund , including the long-running contrarian-build ITC Limited position that grew to a top-three portfolio holding during periods of consumer-staples underperformance, and periodic positions in Maruti Suzuki India Limited, Mahindra and Mahindra Limited and Hero MotoCorp Limited across the automotive sub-sector. The consumption-sector view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety , contrarian investing , focused portfolio construction and the owner mindset framework.

PPFAS view on Indian PSUs

Sat, 16 May 2026 00:00:00 +0000

The PPFAS view on Indian PSUs is the body of investment reasoning through which PPFAS Mutual Fund has periodically built and maintained substantial positions in Indian Public Sector Undertaking (PSU) equities at the Parag Parikh Flexi Cap Fund , including the long-running positions in Coal India , Power Grid Corporation of India, NTPC and ONGC, together with periodic positions in additional PSU names. The PSU view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety and contrarian investing , and has been articulated continuously through monthly factsheet commentary by Chief Investment Officer Rajeev Thakkar and at the PPFAS Annual Unitholders’ Meet by the broader investment team.

PPFAS view on technology stocks

Sat, 16 May 2026 00:00:00 +0000

The PPFAS view on technology stocks is the body of investment reasoning through which PPFAS Mutual Fund has built and maintained substantial positions in technology-sector equities at the Parag Parikh Flexi Cap Fund , spanning both the foreign-core technology allocation in US-listed mega-cap technology and consumer-digital franchises (Alphabet at PPFCF , Microsoft at PPFCF , Amazon at PPFCF , Meta Platforms at PPFCF ) and the Indian information-technology services holdings at Infosys Limited, Tata Consultancy Services Limited, HCL Technologies Limited and Persistent Systems Limited. The technology-sector view is structurally consistent with the broader PPFAS investment philosophy of value investing , margin of safety , focused portfolio construction and the owner mindset framework.