Neutral impactSector
India’s biggest active fund dumps Meta, adds Netflix in major US portfolio reshuffle
CNBC-TV18 9 hrs ago·11 Nov 2026, 8:32 am
India’s largest actively managed mutual fund, the Parag Parikh Flexi Cap Fund, has made a significant shift in its US equity portfolio. The fund has completely exited its holdings in Meta Platforms while adding Netflix as a new position. It has also reduced its exposure to major technology names like Microsoft, Alphabet, and Amazon. Concurrently, the fund has increased its allocation to Indian equities, indicating a strategic rebalancing of its assets.
This move signals a shift in the fund manager's outlook, likely favoring consumer discretionary stocks like Netflix over the social media giant. For investors, this highlights the dynamic nature of active fund management and the importance of monitoring portfolio changes. It serves as a reminder that even large funds regularly adjust their holdings based on changing market valuations and opportunities.
Investors should watch how this portfolio reshuffle impacts the fund's performance in the coming quarters. It also offers a glimpse into the broader sentiment of large fund managers regarding the relative value of global tech stocks versus domestic opportunities. Keeping an eye on such shifts can provide context for broader market trends.
Excerpt from CNBC-TV18
Published On Nov 11, 2026 | 14:02 IST Last Updated On Nov 11, 2026 | 14:02 IST A massive active fund shifted its international strategy by completely dropping its social media giant holding while entering streaming. The portfolio also trimmed its exposure to major technology players while boosting domestic equities.…Read the original at CNBC-TV18
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