Parag Parikh Flexi Cap Fund July: CIE Automotive, Petronet LNG Up

A big investment piggy bank for grown-ups, called the Parag Parikh Flexi Cap Fund, holds money from many people.

It uses that money to buy shares of famous companies, like banks and car makers.

Every month, the fund tells everyone what it did with their money.

In July, it added a little more money to some companies it already owned.

It did not buy any brand-new companies, and it did not sell all of any company.

The fund bought more shares of Petronet LNG, which moves natural gas, and of a car-parts company called CIE Automotive.

It kept holding the same number of shares in big companies like HDFC Bank and Infosys.

The fund is now worth about ₹1.48 lakh crore, which is even more than before.

Over the past ten years, the fund has grown people's money by about 17.49% each year.

That is a better result than most other similar funds, which is why many people like it.