JioBlackRock Flexi Cap Fund portfolio out for first time since NFO: 141 stocks held, 4.5% in cash

JioBlackRock Mutual Fund has unveiled the maiden portfolio of its flexi cap fund – JioBlackRock Flexi Cap Fund, managed through the Systematic Active Equity (SAE) approach. This marks the fund’s first update since its NFO.

According to the data disclosed by the fund house, the flexi cap fund holds around 141 stocks in its portfolio and has 4.52% in cash.

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The portfolio data shows that based on the percentage of net assets, the fund has the highest allocation in HDFC Bank and ICICI Bank of around 8.87% and 5.42% respectively. The fund had 16.24 lakh shares of HDFC Bank and 7.28 lakh shares of ICICI Bank.

The flexi cap fund had 5.17% and 4.12% allocation in Reliance Industries and Infosys. The fifth largest holding is a nifty long position – Nifty Index 27-Nov-2025 of around 3.84%. In State Bank of India (SBI), the fund had a holding of 3.38% in October.

The fund had a holding in Adani Ports and Special Economic Zone of around 2% and had 2.49 lakh shares in the portfolio in the mentioned time period. The JioBlackRock Flexi Cap Fund had a holding of 1.06% each in Mahindra & Mahindra and Ge Vernova T&D India in the mentioned time period.The allocation in LIC and TVS Motor was around 0.83% each in the mentioned time period. The lowest allocation was in Nava of around 0.02% in October.On the basis of number of shares, the fund had the highest number of shares of Tata Steel of around 18.57 lakh, followed by 16.24 lakh shares of HDFC Bank. There were 1,131 shares of Bosch in the flexi cap fund portfolio.

The assets under management (AUM) of the fund was recorded at Rs 1,808 crore as on October 31, 2025.

The fund completed its NFO period on October 7 and reopened for continuous sale and repurchase on October 17. The fund garnered nearly Rs 1,500 crore during its NFO and the client base grew to over 150 institutional and nearly 6.35 lakh retail investors.

JioBlackRock Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The fund is benchmarked against Nifty 500 Index (TRI) and is managed by Tanvi Kacheria and Sahil Chaudhary.

According to the scheme information document (SID) of JioBlackRock Flexi Cap Fund, the fund allocates 65-100% in equity and equity-related instruments of large cap, mid cap and small cap companies, 0-35% in debt and money market instruments, and 0-10% in units of REITS and InvITs. Maximum Total expenses ratio (TER) permissible under Regulation 52 (6) (c) is upto 2.25%

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What is SAE approach?

The scheme follows an active investment strategy which adopts a systematic approach to stock selection and portfolio construction. The approach allows the fund managers to respond proactively to changing market conditions and emerging opportunities.

The systematic approach involves utilizing inputs from the fund managers and signal research scores shared by BlackRock Inc. Such signal research scores are derived using big data (which includes traditional data and alternative data), and leverages machine learning, a form of artificial intelligence and advanced data analytics, which are constantly being improved. Signals are selected based on their economic rationale and demonstrated statistical relevance.

The exit load is nil. The minimum application amount for lumpsum, switch-in to the scheme investment is Rs 500 and any amount thereafter. For the SIP, the minimum application amount is Rs 500 and in multiples of Re 1 thereafter with minimum six installments.