JioBlackRock Flexi Cap Fund adds Bandhan Bank, 14 other stocks; exits Vedanta, 17 more in July

JioBlackRock Flexi Cap Fund added Bandhan Bank and 14 other stocks to its portfolio in July and made a complete exit from Vedanta and 17 others in the same period, according to the monthly portfolio disclosed on ACE MF.

The fund added 9.60 lakh shares of Bandhan Bank in its portfolio worth a market value of Rs 16.73 crore. Among the other 14 stocks, the fund added the maximum number of shares of Punjab National Bank. The fund added 27.40 lakh shares of Punjab National Bank in July, followed by 7.87 lakh shares of The Jammu & Kashmir Bank and 2.91 lakh shares of Power Finance Corporation in its portfolio.

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The flexi cap fund added 2.41 lakh shares of HCL Technologies and 1.86 lakh shares of Hindalco Industries to its portfolio. The other nine stocks added were Hitachi Energy India, Avalon Technologies, LIC Housing Finance, Thermax, Apar Industries, Granules India, Power Grid Corporation of India, General Insurance Corporation of India and L&T Finance.

The fund completely exited 18 stocks in July. It sold 6.05 lakh shares of Vedanta, along with nearly 8.84 lakh shares of Allcargo Global and 5.22 lakh shares of Sagility.

The fund also completely exited City Union Bank, selling nearly 4.34 lakh shares, along with 1.36 lakh shares of Tech Mahindra and 86,053 shares of SBI Life Insurance Company.

The other 12 stocks from which the fund made a complete exit were Chennai Petroleum Corporation, Kotak Mahindra Bank, Pfizer, Britannia Industries, Schaeffler India, Can Fin Homes, Ipca Laboratories, OFSS, LTM, InterGlobe Aviation, Sharda Cropchem and Pine Labs.

The flexicap fund increased its exposure in 29 stocks in July. Around 77.49 lakh shares of Yes Bank were added to the portfolio, and the fund had 1.42 crore shares in its portfolio. Nearly 11.17 lakh shares of Tata Steel and 5.36 lakh shares of Coal India were added to the portfolio in the said time period.

Some other names where the fund increased its exposure includes Adani Energy Solutions, Ujjivan Small Finance Bank, Billionbrains Garage Ventures, Atul Ltd, BHEL, SAIL, Hero MotoCorp, ONGC, Reliance Industries, Apollo Tyres, Shipping Corporation of India, Bharti Airtel and Nippon Life India AMC.

The exposure was reduced in 29 stocks in July. Around 11.32 lakh shares of The Federal Bank were sold out from the portfolio and the fund had 1.73 lakh shares in its portfolio. Among the other 28 stocks where the fund reduced its stake included Laurus Labs, SBI, HDFC Bank, Infosys, Hindustan Zinc, Titan Company, M&M, ICICI Bank, National Aluminium Company, TCS, MCX, Eternal, Kalyan Jewellers, and Dr. Lal Pathlabs.

The exposure remained unchanged in 59 stocks and some of them were LIC, BSE, CIE Automotive India, DLF, PTC India, NTPC, IOCL, Berger Paints, and Nestle India.

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In July, the flexi cap fund held 133 stocks in its portfolio, down from 136 in the previous month. The fund had an AUM of Rs 3,270 crore as of July 2026.

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

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