PSU Contrarian on WebNotes

Coal India at PPFCF

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

Lead

Coal India Limited (CIL) is one of the top three domestic equity holdings of the Parag Parikh Flexi Cap Fund (PPFCF) in the April 2026 disclosure. The April 2026 factsheet, reflecting AUM of Rs 1,40,949 crore (up 9.29 per cent month-on-month from Rs 1,28,966 crore in March 2026), showed Coal India at 5.95 per cent of net assets, behind HDFC Bank at PPFCF at 7.94 per cent and Power Grid Corporation at PPFCF at 6.99 per cent.

Contrarian investing at PPFAS

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

Contrarian investing at PPFAS is the deliberate willingness of the PPFAS Mutual Fund investment team to build and hold portfolio positions in sectors and securities subject to negative broader-market sentiment, when the disciplined fundamental analysis and intrinsic-value estimation supports the underlying business thesis. The doctrine is closely related to, but conceptually distinct from, the margin of safety discipline and the owner-mindset doctrine: contrarian positioning is the specific behavioural willingness to act against prevailing sentiment when the analysis supports doing so, with attendant tolerance for extended periods of category-relative underperformance and willingness to accept the discomfort of holding out-of-favour positions through their sentiment cycle.

Power Grid Corporation at PPFCF

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

Lead

Power Grid Corporation of India Limited (Power Grid) is one of the top three domestic equity holdings of the Parag Parikh Flexi Cap Fund (PPFCF) in the April 2026 disclosure. The April 2026 factsheet, reflecting AUM of Rs 1,40,949 crore (up 9.29 per cent month-on-month from Rs 1,28,966 crore in March 2026), showed Power Grid at 6.99 per cent of net assets, behind HDFC Bank at PPFCF at 7.94 per cent and ahead of Coal India at PPFCF at 5.95 per cent.