JioBlackRock Mutual Fund Launches First Flexi Cap Fund; Portfolio Led by HDFC Bank, ICICI Bank, RIL, SBI, LIC

JioBlackRock Mutual Fund has announced the launch of its first flexi cap fund portfolio, titled the JioBlackRock Flexi Cap Fund, following the successful completion of its New Fund Offer (NFO). This marks a significant step for JioBlackRock in expanding its presence in India's mutual fund landscape, offering investors a diversified and systematically managed equity scheme.

JioBlackRock Mutual Fund Launches Flexi Cap Fund With Systematic Active Equity Approach

The JioBlackRock Flexi Cap Fund is an open-ended equity scheme designed to invest across large-cap, mid-cap, and small-cap companies. The fund follows the Systematic Active Equity (SAE) approach, a unique blend of active and data-driven investment strategies. Managed by Tanvi Kacheria and Sahil Chaudhary, the fund benchmarks against the Nifty 500 Index (TRI) and had assets under management (AUM) of Rs 1,808 crore as of October 31, 2025.

JioBlackRock's Flexi Cap Fund: Investment Strategy and Systematic Active Equity Model

The core of JioBlackRock's Flexi Cap Fund lies in its Systematic Active Equity (SAE) model, which integrates the expertise of fund managers with quantitative insights derived from big data, machine learning, and advanced analytics. This model allows the portfolio to dynamically adjust to market conditions and capture emerging opportunities across different market capitalisations.

As per the scheme information document (SID), the fund's allocation strategy includes 65-100% in equity and equity-related instruments across market caps, 0-35% in debt and money market instruments, and up to 10% in REITs and InvITs. The maximum Total Expense Ratio (TER) allowed under Regulation 52(6)(c) is 2.25%.

Top Holdings: SBI, HDFC Bank, ICICI Bank, Reliance Industries Lead JioBlackRock Flexi Cap Portfolio

The fund currently holds approximately 141 stocks, maintaining a cash reserve of 4.52%. Among its major holdings, HDFC Bank leads the portfolio with an allocation of 8.87%, followed by ICICI Bank (5.42%), Reliance Industries (5.17%) and Infosys (4.12%).

A notable position in the fund is its Nifty Index long position (dated November 27, 2025), with a 3.84% allocation, indicating a tactical exposure to the broader market.

Other significant holdings include State Bank of India (3.38%), Adani Ports and Special Economic Zone (2%), Mahindra & Mahindra (1.06%), and GE Vernova T&D India (1.06%). Smaller allocations include LIC (0.83%), TVS Motor (0.83%), and Nava (0.02%), showing the fund's diversified exposure across sectors and market caps.

Minimum Lumpsum Investment of Rs 500

Investors can start with a minimum lumpsum investment of Rs 500, with no exit load applicable. The same minimum amount applies to Systematic Investment Plans (SIPs), with increments of Re 1 allowed thereafter across at least six installments.