Parag Parikh Flexi Cap Fund, the largest active flexi-cap fund by assets under management (AUM), increased its stake in ITC, HDFC Bank and 14 other stocks in May, according to the monthly portfolio disclosed by PPFAS Mutual Fund.
The fund added around 4.46 crore shares of ITC during the month, taking its total holding to 28.78 crore shares in May from 24.32 crore shares in April.