JioBlackRock Flexi Cap Fund Reveals Maiden Portfolio; AUM at ₹1,808 Crore Post NFO

JioBlackRock Mutual Fund has announced the first portfolio of its JioBlackRock Flexi Cap Fund, marking the fund’s maiden disclosure since its new fund offer (NFO). Managed through the Systematic Active Equity (SAE) approach, the fund reflects a diversified allocation across sectors and market caps.

Portfolio Composition and Key Holdings

As per the data disclosed by the fund house, the flexi cap fund holds around 141 stocks and maintains 4.52% in cash. The fund’s top holdings are HDFC Bank and ICICI Bank, with allocations of 8.87% and 5.42%, respectively. These represent 16.24 lakh shares of HDFC Bank and 7.28 lakh shares of ICICI Bank.

Reliance Industries and Infosys occupy the next two spots, with 5.17% and 4.12% allocations, followed by a Nifty Index long position at 3.84%. The fund also holds 3.38% in State Bank of India, around 2% in Adani Ports and SEZ, and 1.06% each in Mahindra & Mahindra and GE Vernova T&D India. Smaller allocations include LIC and TVS Motor at 0.83% each, while the lowest is Nava at 0.02%.

On a share count basis, the fund’s largest exposure is in Tata Steel, with 18.57 lakh shares, followed by 16.24 lakh shares of HDFC Bank.

Fund Scale and Investor Response

The assets under management (AUM) of the fund stood at ₹1,808 crore as of October 31, 2025. During its NFO period, which ended on October 7, the fund garnered nearly ₹1,500 crore and later reopened for continuous sale and repurchase on October 17. It attracted over 150 institutional investors and nearly 6.35 lakh retail investors, reflecting strong early traction.

Investment Strategy: Systematic Active Equity Approach

The JioBlackRock Flexi Cap Fund follows the Systematic Active Equity (SAE) approach, combining human expertise with data-driven insights. This strategy integrates fund manager inputs with signal research from BlackRock Inc., which leverages big data, machine learning, and advanced analytics to identify opportunities. The method aims to balance consistency with agility in changing market conditions.

Also Read: PPFAS Mutual Fund Filed Draft SID with SEBI!

Conclusion

With a diversified 141-stock portfolio, ₹1,808 crore in AUM, and systematic data-backed management, the JioBlackRock Flexi Cap Fund positions itself as a new-age offering in India’s mutual fund space. Its blend of human judgment and AI-driven analysis could help investors capture long-term growth across market segments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.