JioBlackRock Mutual Fund has released the first portfolio of its Flexi Cap Fund — and it looks like the fund is poised for the long haul. The fund is being managed under a Systematic Active Equity (SAE) strategy, which takes investment decisions by combining data, research and market trends. The fund consists of 141 stocks and holds 4.52% cash. The top allocations are HDFC Bank (8.87%), ICICI Bank (5.42%), Reliance Industries (5.17%), Infosys (4.12%), and SBI (3.38%). Interestingly, the fund has also taken a long position of 3.84% in Nifty Index Futures (27-Nov-2025), thereby strengthening both market exposure and diversification. Total AUM is ₹1,808 crore (as on October 31, 2025) and 6.35 lakh retail investors have joined this new fund. Raising ₹1,500 crore during the NFO itself is an indication that investor confidence in this new player is increasing rapidly. This fund can become an attractive option for investors who want long-term growth and smart diversification.
