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India equity funds hold 141 stocks in JioBlackRock flexi-cap launch
JioBlackRock Flexi Cap Fund opened with a portfolio of 141 stocks and 4.
The newly launched Jio BlackRock Flexi Cap Fund disclosed its inaugural portfolio holding 141 stocks with approximately 4.5% in cash after completing its NFO. The fund targets diversified exposures across sectors and aims to leverage both growth and value themes under the flexi-cap structure. Its launch came amidst a backdrop of slower monthly inflows in the equity mutual fund universe, with industry investors increasingly favouring broad-market themes over sector-specific plays.
Fund analysts note that the 4.5% cash buffer provides flexibility amid short-term volatility.