JioBlackRock Flexi Cap Fund adds Hindustan Zinc and 9 others, exits L&T Finance and 16 more stocks

JioBlackRock Flexi Cap Fund, an offering by JioBlackRock Mutual Fund, added Hindustan Zinc and nine other stocks in its portfolio as the new entrant in January and made a complete exit from L&T Finance and 16 other stocks in the same period. (Source: ACE MF)

The flexi cap fund added around 2.41 lakh crore shares of Hindustan Zinc worth a market value of Rs 15.17 crore. Around 7.45 lakh shares of The Federal Bank, 7.19 lakh shares of Mangalore Refinery And Petrochemicals, and 2.42 lakh shares of RattanIndia Enterprises were added to the portfolio in the first month of the current calendar year.

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This fund made a complete exit from 17 stocks, which included L&T Finance, Asian Paints, Maruti Suzuki India, LTIMindtree, CarTrade, Honasa Consumer, and Vardhman Textiles.

Around 6.72 lakh shares of L&T Finance were sold out from the portfolio, followed by 1.29 lakh shares of National Fertilizers, and 89,403 shares of Capri Global Capital, which were sold out from the portfolio in the month of January. In the same time period, only 882 shares of Maruti Suzuki India were also sold out from the portfolio.

The stake in 40 stocks was increased in January. Among these 40 stocks, the maximum number of shares of Yes Bank were added. Nearly 36.60 lakh shares of Yes Bank were added to the portfolio taking the total number of shares to 48.77 lakh in January compared to 12.16 lakh shares in December.

It also added 11.28 lakh shares of ITC and 9.24 lakh shares of Eternal to the portfolio in January. Only 2,156 shares of Shree Cement were added to the portfolio.

The stake in 17 stocks was reduced, which included some names such as BEL, Kotak Mahindra Bank, Lupin, Wipro, National Aluminium Company, Jindal Steel, TCS, Interglobe Aviation (IndiGo), and Laurus Lab.

The fund sold 14.84 lakh shares of Canara Bank and had nearly 4.58 lakh shares in its portfolio in January against 19.43 lakh shares in December. Around 10.45 lakh shares of National Aluminium Company were sold out from the portfolio in the mentioned month.

The exposure in 58 stocks remained unchanged which included some stocks such as Titan Company, JSW Steel, ONGC, Tata Steel, Britannia Industries, HCL Technologies, Tech Mahindra, BSE, IRFC, Adani Energy Solutions,

In January, the fund had 125 stocks in its portfolio compared to 132 stocks in the previous month. The portfolio of the fund is spread across 29 sectors.

The fund had the highest allocation in HDFC Bank of around 8.80% followed by ICICI Bank where the allocation was 6.17% and Bharti Airtel where the allocation was 4.15%.

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Key details of JioBlackRock Flexi Cap Fund

JioBlackRock Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. This fund aims to provide long-term capital appreciation by offering investment opportunities across companies of all sizes, ensuring flexibility without size restrictions.

The fund offers the flexibility to dynamically adjust the portfolio mix, optimizing returns while managing risk across different market segments by leveraging human expertise alongside AI and data-driven approaches.

The performance is benchmarked against Nifty 500 Index (TRI) and is managed by Tanvi Kacheria and Sahil Chaudhary. As of January 31, 2026, this flexi cap fund had Rs 2,613 crore AUM and holds 68.23% in large caps, 14.28% in mid caps, 15.48% in small caps, and 2.01% in others.

Performance of JioBlackRock Flexi Cap Fund

Since its inception, the fund has delivered a return of 3.60%. In the last three months, the fund has delivered 1.87% return, outperforming its benchmark, which gave 0.53% in the same period.

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