Mumbai News, 25 February 2026: Jio Financial Services and the world-renowned BlackRock launched the JioBlackRock Mutual Fund through a 50:50 joint venture, and in October 2025, they unveiled their first active equity scheme, the JioBlackRock Flexi Cap Fund (Direct Plan). This fund is designed for long-term capital growth by dynamically investing across all market capitalisations (large, mid and small cap). It’s India’s first flexi cap fund with a unique blend of AI and human expertise, making it a compelling choice for investors. Here’s the complete information about the fund.
Fund manager:
The fund managers of this scheme are Tanvi Kacheria and Sahil Chaudhary. Both experienced managers build the portfolio following BlackRock’s Systematic Active Equity (SAE) approach.
Investment goal:
The main goal of this scheme is to create long-term capital growth by investing in equity and equity-related instruments across all market capitalisation levels. The fund dynamically allocates among large, mid and small-cap companies and adjusts the portfolio according to market opportunities. This allows investors to benefit from growth in companies of all sizes. (There is no guarantee that the objective will be achieved.)
AUM and NAV today:
- As of 25 February 2026, the fund’s NAV is ₹10.12.
- AUM is ₹2,613.75 crore.
- The fund was initially launched at a NAV of ₹10.
Expense ratio:
0.50% (very low and the most attractive in the flexi cap category). No distributor commission since it’s a direct plan. Exit load is zero.
Risk factor:
Extremely high risk (Riskometer: Very High)
Since it’s an equity fund, it can be affected by market ups and downs, economic slowdown, interest rate changes, political events, inflation and company-specific risks. Investing in small and medium companies can be more volatile. Investors should keep in mind the possibility of losing their principal. Market risk is always there.
Perspective:
This fund is based on BlackRock’s proprietary Systematic Active Equity (SAE) approach. It uses big data, machine learning (AI), scientific analysis and alternative data to create signal research scores for over 1,000 companies. Portfolio managers combine their human skills with this to build the portfolio. The portfolio is dynamically adjusted to take advantage of opportunities while keeping risk under control. It’s India’s first AI + human skills active equity fund.
Opening date:
13 October 2025 (NFO was open from 23 September to 7 October 2025).
Return for investors:
Since the fund is new, its long-term track record is still being built. Data up to 24 February 2026:
- CAGR since launch: 1.20%
- 1 month: 3.16%
- 3 months: -0.30%
- 1 week: -1.17%
- YTD: -1.56%
(Note: Returns may vary depending on market conditions. Investors should assess for themselves by comparing with the category average.)
Tax system:
Since it’s an equity-oriented fund:
- Short-term capital gain (if held for 1 year or less): 20% tax
- Long-term capital gains (after 1 year): 12.5% tax on profits exceeding ₹1.25 lakh in a financial year (no benefit of indexation).
- TDS and other rules apply.
Top holdings:
(Until 24/25 February 2026, about 40% of the total portfolio):
- HDFC Bank Ltd. – 8.80%
- ICICI Bank Ltd. – 6.17%
- Bharti Airtel Ltd. – 4.15%
- Infosys Ltd. – 3.98%
- State Bank of India – 3.76%
- Larsen and Toubro Ltd. – 3.61%
- Reliance Industries Ltd. – 3.36%
- ITC Ltd. – 2.39%
- Titan Company Ltd. – 2.14%
- HCL Technologies Ltd. – 2.00%
(Total 130+ stocks, financial services 30%, industries, consumer cyclical, etc.)
Conclusion:
With low costs (0.50%), zero exit load, AI-based advanced SAE approach and flexible market allocation, the Geoblackrock Flexi Cap Fund (Direct Plan) could be an attractive option for long-term investors. However, since this fund is new and highly risky, it is important to discuss your risk tolerance, investment goals and certified advisor before investing. Mutual fund investments carry market risks, so read all related documents carefully.
Disclaimer:
(NiftySharePrice.com stock market news are based on publicly available authentic data sources like NSE – BSE and SEBI authorized brokers & analyst only. Investing in the stock market involves risk. So, do your own research and consult your authorized advisors before investing.)
