JioBlackRock Flexi Cap Fund: Initial Portfolio revealed after NFO
JioBlackRock Flexi Cap Fund unveils its initial portfolio, featuring 141 stocks with top holdings in HDFC Bank and ICICI Bank. Managed via a Systematic Active Equity (SAE) approach leveraging technology and data, the fund's AUM reached Rs 1,808 crore post-NFO. It invests across large, mid, and small caps, offering a zero exit load.
New Delhi: JioBlackRock Mutual Fund has released the initial portfolio of its first flexi cap fund 'JioBlackrock Flexi Cap Fund'. This update has come out for the first time after the fund's New Fund Offer (NFO). The fund is being managed under the Systematic Active Equity (SAE) approach, which focuses on technology, data and research based investments. This fund is an open-ended dynamic equity scheme that invests in large-cap, mid-cap and small-cap companies. Its benchmark index is Nifty 500 TRI.
According to the data released by the company, the fund's portfolio includes 141 stocks whereas 4.52% cash holding has been kept. On the basis of net assets, the largest holdings of the fund are in HDFC Bank (8.87%) and ICICI Bank (5.42%). These two banks comprise 16.24 lakh and 7.28 lakh shares respectively. This fund has invested 5.17% in Reliance Industries and 4.12% in Infosys. At the same time, its fifth largest investment is 3.84% in the Nifty Index (27-Nov-2025).
JioBlackRock's Investment Strategy
The particular fund has a stake of 3.38% in the State Bank of India (SBI). Apart from this, Adani Ports & SEZ hold about 2%, Mahindra & Mahindra and GE Vernova T&D India hold 1.06%. This fund has invested 0.83% in LIC and TVS Motor while the lowest investment is 0.02% in Nava Ltd. In terms of number of shares, the fund's largest holding is in Tata Steel, which has 18.57 lakh shares. This is followed by HDFC Bank with 16.24 lakh shares. At the same time, the lowest Bosch includes only 1,131 shares.
JioBlackRock Flexi Cap Fund's AUM (Asset Under Management) stood at Rs 1,808 crore as of 31 October 2025. The fund completed its NFO on October 7 and opened for regular investment and redemption from October 17. During this time, the company raised Rs. 1,500 crore and the number of investors increased to 6.35 lakh retail and more than 150 institutional investors.
According to the fund's Scheme Information Document (SID), it can invest 65-100% equity, 0-35% in debt and money market instruments, and 0-10% in REITs and InvITs. The maximum expense ratio (TER) can be as high as 2.25%. Under the SAE approach, this fund uses research signals through machine learning, big data and artificial intelligence.
The exit load in this fund is zero (nil). In this, the minimum investment amount in both lump sum or SIP is Rs 500.
Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.