JioBlackRock Mutual Fund Portfolio Update: ITC, RIL and IOCL Among Top Holdings in February

JioBlackRock Mutual Fund reported Assets Under Management (AUM) of ₹17,514 crore in February, as per Prime Database.  

The disclosed holdings show a spread across large-cap companies in banking, energy, telecom and infrastructure. The top 10 positions form a notable share of the overall equity allocation. 

Reliance, Airtel Among Key Holdings 

Reliance Industries accounted for 3.49% of the portfolio, with 9.93 lakh shares valued at ₹138.50 crore. Bharti Airtel had a 3.28% allocation, with holdings of 6.92 lakh shares worth ₹130.14 crore.  

Larsen & Toubro (L&T) was also part of the top holdings, with a 2.89% allocation and market value of ₹114.56 crore. 

Banking Stocks Carry Higher Weight 

Financial stocks formed the largest segment within the portfolio. HDFC Bank held the highest weight at 7.10%, with 31.72 lakh shares. 

ICICI Bank followed at around 5%, with 14.40 lakh shares. State Bank of India (SBI) had a 3.01% allocation, with 9.92 lakh shares valued at ₹119.27 crore. 

Technology and Consumption Exposure 

Infosys accounted for 2.40% of the portfolio, with holdings of 7.33 lakh shares valued at ₹95.36 crore.  

ITC represented the consumption segment, with a 2.19% allocation. The fund held 27.74 lakh shares of ITC, with a market value of ₹87 crore. 

Metals and Energy Presence 

Vedanta and Indian Oil Corporation (IOC) were also included in the top holdings. Vedanta had a 1.73% allocation with 9.55 lakh shares, while Indian Oil Corporation accounted for 1.61% with 34.10 lakh shares. These positions reflect exposure to commodity-linked sectors. 

Read More: Long-Term SIPs Dominate: Over 30% of AUM, Worth ₹16.36 Lakh Crore, Comes from 5+ Year Investments! 

Conclusion 

The February disclosure shows a portfolio centred on large-cap stocks, with higher allocation to banking names and a spread across telecom, energy and industrial companies. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal 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 the related documents carefully before investing.