New Delhi, Oct. 17 -- Parag Parikh Flexi Cap Fund, the country's largest active mutual fund scheme by AUM, has stepped up its investment deployment, reducing its allocation to cash and related instruments over the past six months.

The fund's factsheets show that its combined allocation to cash, debt and money market instruments, and arbitrage positions fell to 9.77% in September 2026 from 18.94% in March, nearly halving over six months. The share also dropped by 1.81 percentage points from 11.58% in August 2026. Here's what investors need to know.

Parag Parikh Flexi Cap Fund's September 2026 factsheet reiterates its focus on identifying individual investment opportunities rather than making allocation decisions primarily on the basis of...