How has Aladdin-powered Jio BlackRock Flexi Cap Fund invested? A look at its first portfolio

Jio BlackRock Flexi Cap Fund raised nearly ₹1500 crore during its New Fund Offer (NFO). Recently, the fund house disclosed its first portfolio, which provides insights into where this NFO money has been invested by the fund manager of the scheme.

As per the scheme's Key Information Document (KID), the Aladdin-powered portfolio construction process "is augmented by an optimization process which leverages the composite research score along with other inputs from the investment team such as risk constraints, transaction cost, market liquidity, sector constraints and such other inputs."

The scheme document also says that the fund follows a systematic approach to investing, which includes "utilizing inputs from the fund managers and signal research scores shared by BlackRock Inc. Such signal research scores are derived using big data (which includes traditional data and alternative data), and leverage machine learning, a form of artificial intelligence and advanced data analytics, which are constantly being improved."

"Signals are selected based on their economic rationale and demonstrated statistical relevance," it adds.

How has Jio BlackRock Flexi Cap invested?

As per the Jio BlackRock Flexi Cap Fund's portfolio till October 31, 2025, the scheme has invested all the money raised during the NFO, without keeping any cash. The fund's portfolio consists of nearly 96% equity shares. However, it is tilted more towards large-cap stocks. The following is a detailed break-up:

• The scheme has invested in 142 stocks.

• Nearly 31% of the scheme's portfolio comprises stocks from the financial sector, followed by the industrial and technology sectors.

• Unlike schemes like Parag Parikh Flexi Cap Fund and HDFC Flexi Cap Fund that hold some cash, Jio BlackRock Flexi Cap Fund's portfolio currently doesn't have cash holdings.

• Nearly 65% of the scheme's assets are in large-cap shares, 21% in mid caps, and the remaining 14% in small-cap stocks.

Top non-large-cap stocks: Some of the non-large-cap stocks in which the fund has allocated over 1% of its portfolio are Polycab India, Fortis Healthcare, JK Cement, Max Financial Services and Vishal Mega Mart.

Unique stocks: As of October 31, 2025, the scheme had around five stocks that are currently not owned by any other flexi-cap schemes: Allcargo Logistics, Chambal Fertilisers & Chemicals, Dodla Dairy, Elecon Engineering Company and GMM Pfaudler. However, the total allocation to each of these stocks is less than 1%.