JioBlackRock Flexi Cap Fund Exits 18 Stocks and Adds 19 New Holdings in September

Key Takeaways

• JioBlackRock Flexi Cap Fund exited 18 companies from its portfolio during September 2026.
• The scheme introduced 19 new holdings and reduced positions in Reliance Industries, HDFC Bank and 32 other stocks.
• The fund reported assets under management of approximately ₹3,175 crore.

September Portfolio Reveals Changes in Stock Holdings

JioBlackRock Flexi Cap Fund made several changes to its equity portfolio during September 2026, exiting 18 stocks and adding 19 new holdings.

The portfolio changes were reported by The Economic Times on 14 October, based on the scheme's monthly holdings data available through ACE MF.

Among the companies removed from the portfolio were Eternal and Ashok Leyland.

The fund also reduced exposure to several existing holdings, including Reliance Industries and HDFC Bank.

The changes provide a snapshot of the scheme's portfolio activity during September rather than an indication of its future investment performance.

Eternal and Ashok Leyland Among Exited Holdings

The scheme completely exited its position in Eternal during September.

The transaction involved approximately 11.36 lakh shares with a reported value of ₹37.30 crore.

The fund also exited Ashok Leyland, involving nearly 99,829 shares valued at approximately ₹1.75 crore.

These were two of the 18 complete exits recorded during the reporting period.

A complete exit indicates that a stock no longer appears in the portfolio at the end of the reporting month. It does not necessarily establish the precise date on which the fund executed the sale.

Fund Reduces Exposure to Existing Investments

Apart from the complete exits, JioBlackRock Flexi Cap Fund reduced its holdings in 34 companies.

The companies included Reliance Industries and HDFC Bank, among others.

At the same time, the fund added 19 new stocks.

The combination of purchases, complete exits and partial reductions indicates changes in the scheme's portfolio composition during the month.

However, a monthly portfolio disclosure alone does not establish the investment rationale behind each transaction.

Differences between two month-end holdings statements can also reflect corporate actions or other portfolio adjustments, although the reported exits and additions identify changes in the disclosed positions.

Scheme Size and Management

JioBlackRock Flexi Cap Fund had assets under management of approximately ₹3,175 crore at the time of the reported portfolio analysis.

The scheme was managed by Tanvi Kacheria and Sahil Chaudhary.

As a flexi-cap fund, it can invest across large-cap, mid-cap and small-cap companies within its applicable investment mandate.

This structure allows the portfolio's market-capitalisation exposure to change over time without being subject to a fixed allocation to each of the three market-cap segments.

The September transactions demonstrate portfolio activity within this broader investment framework.

Portfolio Disclosures Provide a Monthly Snapshot

Mutual fund holdings disclosures allow investors and market participants to examine changes in scheme-level exposure.

The September filing provides information about which companies were added, removed or reduced, alongside the assets managed by the scheme.

The disclosed transactions should not be interpreted as recommendations concerning the underlying shares.

They also do not indicate whether the changes improved or reduced the scheme's eventual returns.