Flexicap Funds Net Buy ₹15,122 Cr in July: ICICI, HDFC Banks Lead
By Market Desk
Flexicap funds net bought ₹15,122 Cr in July 2026, boosting ICICI Bank & HDFC Bank. Discover key portfolio shifts and top stock buys.
Twenty-one prominent flexicap fund houses actively rebalanced their portfolios in July 2026, executing net buying worth ₹15,122 crore against net selling of ₹12,178 crore during the month.
Portfolio Adjustments by Flexicap Funds
These strategic adjustments led to increased exposure across key sectors including banking, pharmaceuticals, capital markets, and electrical equipment. Conversely, funds reduced their positions in petroleum products and insurance.
- Total net buying by funds: ₹15,122 crore
- Total net selling by funds: ₹12,178 crore
Top Stocks See Increased Exposure and Fresh Buys
Flexicap funds notably increased their holdings in 194 stocks, adding a total of ₹9,220 crore in exposure. Fresh purchases were recorded in 85 stocks, amounting to ₹5,902 crore.
- ICICI Bank: Increased by ₹493 crore
- HDFC Bank: Increased by ₹365 crore
- PB Fintech: Increased by ₹349 crore
- Bharat Electronics: Increased by ₹328 crore
- TVS Motor Company: Increased by ₹313 crore
- Diamond Power Infrastructure: ₹774 crore
- Adani Enterprises: ₹656 crore
- SBI Funds Management: ₹454 crore
Significant Reductions and Complete Exits
Fund managers simultaneously decreased their exposure to 157 stocks, totaling ₹7,363 crore. Additionally, 83 stocks were entirely exited from portfolios, representing ₹4,815 crore in sales.
- Bajaj Auto: Reduced by ₹935 crore
- Axis Bank: Reduced by ₹423 crore
- Reliance Industries: Reduced by ₹390 crore
- HDFC Bank: Reduced by ₹264 crore
- Max Financial Services: Reduced by ₹251 crore
- Tata Power: ₹460 crore
- Infosys: ₹399 crore
Sectoral Shifts Drive Portfolio Repositioning
Analysis of sector-wise movements reveals a clear preference for capital markets and industrial themes. Petroleum Products and Insurance experienced the largest net outflows as funds repositioned.
- Capital Markets: ₹962 crore
- Electrical Equipment: ₹824 crore
- Pharmaceuticals: ₹810 crore
- Metals and Minerals: Positive inflows
- Banks: Positive inflows
- Petroleum Products: ₹640 crore
- Insurance: ₹476 crore
This activity signifies a selective repositioning strategy by flexicap fund managers, focusing on specific growth areas rather than a broad market shift in July 2026.