Positive impactCompany
Parag Parikh Flexi Cap's Rajeev Thakkar Explains 'Underperformance' And Says Cash Levels Are Down
NDTV Profit 2 hrs ago·17 Aug 2026, 1:59 pm
Parag Parikh Flexi Cap Fund's Chief Investment Officer Rajeev Thakkar has addressed recent market performance, stating that the fund is currently underperforming its benchmark. He clarified that this does not reflect a change in the fund's investment philosophy, which remains focused on long-term value creation.
Thakkar highlighted that the fund's cash levels have decreased significantly, falling from a peak of 25% to the current range of 14-15%. He believes this reduction in cash positions, along with the fund's valuation discipline, positions the portfolio for improved returns as market conditions evolve.
For investors, this update suggests the fund is actively deploying capital into opportunities. While the current underperformance may be concerning, the manager's focus on valuation and cash management indicates a strategy to capitalize on future market movements.
Key takeaways
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
