Capitalmind Flexi Cap Fund completely exited Vedanta Power, Vedanta Iron and Steel, and eight other stocks in June, according to the monthly portfolio disclosed by the fund house.
The fund sold its entire holding of 1.94 lakh shares each in Vedanta Power and Vedanta Iron and Steel. However, its holdings in Vedanta, Vedanta Oil and Gas, and Vedanta Aluminium Metal remained unchanged from the previous month.
Also Read | MF Tracker: Quant Small Cap Fund outshines peers in 7 years with over 30% CAGR. Is the rally sustainable?
The other eight stocks that the fund completely exited were Titan Company, ONGC, Natco Pharma, Glenmark Pharmaceuticals, NTPC, Power Finance Corporation, Oil India, and Indus Towers.
Among these, the fund sold its entire holdings of 3.33 lakh shares of NTPC, 2.87 lakh shares of ONGC, and 2.58 lakh shares of Power Finance Corporation. It also exited 2.31 lakh shares of Indus Towers and 1.50 lakh shares of Oil India in June.
The fund added seven new stocks to its portfolio in June, including JSW Steel, Apollo Hospitals Enterprise, Zydus Lifesciences, Laurus Labs, and Himadri Speciality Chemicals.
Among the new additions, the fund bought 7.26 lakh shares of The Jammu & Kashmir Bank, 1.65 lakh shares of Himadri Speciality Chemical, and 98,271 shares of Zydus Lifesciences.
The fund increased its exposure to five stocks: Polycab India, Granules India, Marico, Welspun Corporation, and JB Chemicals & Pharmaceuticals. It added 19,881 shares of Welspun Corporation, taking its holding to 1 lakh shares in June from 81,020 shares in the previous month.
It also added 16,128 shares of Marico, 7,215 shares of JB Chemicals & Pharmaceuticals, 6,086 shares of Granules India, and 3,307 shares of Polycab India during the month.
The fund did not pare its exposure to any stock in June. Holdings in 23 stocks remained unchanged, including Lupin, Vedanta, Torrent Pharmaceuticals, Hindalco Industries, Tata Steel, Bharat Forge, Bank of Maharashtra, Vedanta Oil and Gas, Coal India, Anand Rathi Wealth, Vedanta Aluminium Metal, and Multi Commodity Exchange of India.
Also Read | Mutual fund SIP stoppage ratio slows to 91% in June as new SIP registrations outpace closures
In June, the flexi cap fund held 35 stocks in its portfolio, down from 38 in the previous month. The portfolio was spread across 13 sectors, with healthcare (22.27%), banks (11.07%), and automobile & ancillaries (9.40%) accounting for the largest allocations.
Since its inception, the fund has delivered a negative return of 0.25%. It gained 1.92% over the last three months but declined 1.55% over the past six months. The fund was launched on August 4, 2025.
The fund allocated 31.62% to large-cap stocks, 31.19% to midcaps, 30.09% to smallcaps, and the remaining 7.10% to other assets.
(Disclaimer: Recommendations, suggestions, views, and opinions expressed by the experts are their own and do not represent the views of The Economic Times)
If you have any mutual fund queries, message ET Mutual Funds on Facebook or Twitter. We will get them answered by our panel of experts. You can also email your questions to ETMFqueries@timesinternet.in, along with your age, risk profile, and Twitter handle.
