JioBlackRock Flexi Cap Fund exits NALCO, Hindustan Zinc; trims exposure in BSE, RIL

JioBlackRock Flexi Cap Fund made a complete exit from National Aluminium Company, Hindustan Zinc and 18 other stocks in the month of August whereas it reduced its exposure in BSE, RIL and 31 other stocks in the same period, according to the monthly portfolio disclosed by ACE MF.

The fund sold 1.31 lakh shares from its portfolio of NALCO and nearly 1.23 lakh shares of Hindustan Zinc in the month of August. Among the other 18 stocks, the fund sold the maximum number of shares of Bandhan Bank. In the said time period, the fund sold 9.60 lakh shares of Bandhan Bank.

This was followed by 1.83 lakh shares of Arvind Ltd, 1.66 lakh shares of Mahindra & Mahindra Financial Services, 1.45 lakh shares of The Great Eastern Shipping Company, and 1.33 lakh shares of HPCL in the said time period.


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The other 13 stocks from which the flexicap fund made complete exit included some names such as LIC Housing Finance, Birla Corporation, Ceat, Ceminidia Projects, Strides Pharma Science, PGCIL, Delhivery, and VA Tech Wabag.

The flexicap fund sold 19,588 shares of BSE from its portfolio and had 63,650 shares in its portfolio in August. Around 50,876 shares of RIL were sold out from the portfolio and the fund had 8.38 lakh shares in its portfolio in August.

Among the other 31 stocks where the fund reduced its exposure, it sold a maximum number of shares of Ashok Leyland, offloading nearly 8.89 lakh shares, leaving 99,829 shares in its portfolio in August.

Around 5.45 lakh shares of The Jammu & Kashmir Bank were sold out from the portfolio, leaving the fund with 2.42 lakh shares. This was followed by sales of 5.13 lakh shares of PTC India and 4.52 lakh shares of NTPC.

Other stocks where the fund reduced its exposure include Asian Paints, Ather Energy, Eternal, Kalyan Jewellers, Infosys, MCX, Piramal Finance, Shriram Finance, SAIL and Sun Pharmaceuticals.

The exposure was increased in nearly 17 stocks. The fund added 40.25 lakh shares of Yes Bank in its portfolio, bringing its total holding to 1.82 crore shares. Around 14.12 lakh shares of Ujjivan Small Finance Bank were added in the portfolio. This was followed by 6.46 lakh shares of JM Financial and 5 lakh shares of PFC.

Other stocks where exposure was increased include Adani Energy Solutions, HCL Technologies, SBI, Radico Khaitan, Nippon Life India AMC, Hitachi Energy, Kajaria Ceramics.

Nearly 22 new stocks were added to the portfolio in August. The fund added 17.28 lakh shares of Welspun Living, 8.51 lakh shares of Castrol India, and 3.27 lakh shares of REC.

Adani Ports and Special Economic Zone, Dixon Technologies (India), HDB Financial Services, JSW Cement, Solar Industries, TVS Motor Company, KEI Industries, Balkrishna Industries, HDFC AMC were some of the other new entrants in the portfolio.

Billionbrains Garage Ventures, Coal India, Apollo Tyres, Edelweiss Financial Services, GIC, Glenmark Pharmaceuticals, HDFC Bank, ICICI Prudential AMC, ICICI Bank, ITC, L&T, Lenskart Solutions, IOCL, Nestle India, Siemens Energy, TCS, Tata Steel were among the 63 stocks where the exposure remained unchanged.

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In August, the fund had 136 stocks compared to 133 stocks in the previous month. The fund's portfolio is spread across 31 sectors with highest holding in banks of around 19.49%. This was followed by 10.23% allocation in automobile & ancillaries.

The fund had an AUM of Rs 3,274 crore as of August 2026 compared to Rs 3,270 crore as of July 2026.

JioBlackRock Flexi Cap Fund is an open-ended dynamic equity scheme investing across largecap, midcap, smallcap stocks. The fund is benchmarked against Nifty 500 Index (TRI) and is managed by Tanvi Kacheria and Sahil Chaudhary.

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