JioBlackRock Flexi Cap Fund Adds Hindustan Zinc and 9 Others: Exits L&T Finance and 16 More Stocks
The JioBlackRock Flexi Cap Fund has made significant shifts in its portfolio this January, underscoring its dynamic investment strategy. The fund’s recent moves include the addition of Hindustan Zinc and nine other stocks while exiting from L&T Finance and 16 additional holdings.
Key Portfolio Additions
– Hindustan Zinc: Acquired approximately 2.41 lakh shares, valued at Rs 15.17 crore.
– Federal Bank: Increased stake by adding 7.45 lakh shares.
– Mangalore Refinery and Petrochemicals: Added 7.19 lakh shares to its holdings.
– RattanIndia Enterprises: Added 2.42 lakh shares in January.
Notable Exits
The fund underwent a comprehensive exit from 17 stocks, including:
– L&T Finance: Sold 6.72 lakh shares.
– Asian Paints: Completely exited the holding.
– Maruti Suzuki India: Sold out 882 shares.
– Other exits included stocks such as LTIMindtree, CarTrade, Honasa Consumer, and Vardhman Textiles.
Adjustments in Holdings
In January, the fund also adjusted its stake in various existing stocks:
– Increased holdings in Yes Bank by 36.60 lakh shares, bringing the total to 48.77 lakh shares compared to December’s 12.16 lakh.
– Acquired 11.28 lakh shares of ITC and 9.24 lakh shares of Eternal.
– Reduced stakes in 17 stocks, including Canara Bank and National Aluminium Company.
Portfolio Overview
As of January 31, 2026, the JioBlackRock Flexi Cap Fund holds investments in 125 stocks across 29 sectors, down from 132 stocks the previous month. The allocation consists of:
– 68.23% in large caps
– 14.28% in mid caps
– 15.48% in small caps
– 2.01% in other assets
The fund’s highest allocations were to HDFC Bank (8.80%), followed by ICICI Bank (6.17%) and Bharti Airtel (4.15%).
About JioBlackRock Flexi Cap Fund
This open-ended dynamic equity scheme invests across large, mid, and small-cap stocks, aiming for long-term capital appreciation. The fund manages its portfolio dynamically, optimizing returns while balancing risks through both human expertise and AI-driven insights. It is benchmarked against the Nifty 500 Index (TRI) and managed by Tanvi Kacheria and Sahil Chaudhary.
Performance Highlights
Since its inception, the JioBlackRock Flexi Cap Fund has delivered a 3.60% return. Over the last three months, it has outperformed its benchmark with a 1.87% return, compared to the benchmark’s 0.53%.
Conclusion
The JioBlackRock Flexi Cap Fund continues to adapt its portfolio in response to market dynamics. With the addition of Hindustan Zinc and strategic exits from underperforming stocks, the fund illustrates a proactive approach to investment management, positioning itself for potential growth in the forthcoming months. Should you have questions about mutual funds or need assistance, don’t hesitate to reach out through our social platforms for expert guidance.