JioBlackRock Flexi Cap Fund exits ITC, BSE, MCX, TCS and 17 more, trim exposure in HDFC Bank, Adani Energy and 16 others

JioBlackRock Flexi Cap Fund made complete exit from ITC, BSE, Multi Commodity Exchange Of India (MCX), Tata Consultancy Services (TCS) and 17 other stocks from its portfolio in October whereas it reduced its exposure in HDFC Bank, Adani Energy Solutions and 16 more stocks in the same time period, according to the monthly portfolio data disclosed by ACE MF.The flexi cap fund sold 4.15 lakh shares of ITC from its portfolio worth a market value of Rs 10.92 crore. Around 13,425 shares of BSE, 20,441 shares of MCX, 2.25 lakh shares of TCS were sold out from the portfolio in October.Among the other 17 stocks from which the fund made a complete exit, the fund sold the maximum number of shares of Yes Bank. Around 1.82 crore shares of Yes Bank were sold out from the portfolio, followed by 5.35 lakh shares of Billionbrains Garage Ventures (Groww), 5.05 lakh shares of CESC, 2.72 lakh shares of REC, and 1.86 lakh shares of Hindalco Industries from its portfolio.Also Read | Multi-asset allocation fund inflows plunge 59% to Rs 1,514 crore in October. Are they still good for diversification?The other 12 stocks included Aegis Logistics, Axis Bank, TVS Motor Company, UltraTech Cement, Coforge, NTPC, Solar Industries, Adani Ports and Special Economic Zone, Ultratech Cement, CCL Products (India), Bajaj Finserv, Alembic Pharmaceuticals, and Ahluwalia Contracts (India).The exposure was reduced in 18 stocks in October. The fund sold 3.94 lakh shares of HDFC Bank from its portfolio and had 22.47 lakh shares in its portfolio in October compared to 26.41 lakh shares in the previous month.Around 1.25 lakh shares of Adani Energy Solutions were sold out from the portfolio and the fund had 1.45 lakh shares in its portfolio in October. Among the other 16 stocks where the exposure was reduced, the fund sold 3.48 lakh shares of PFC, 2.84 lakh shares of AWL Agri Business, 1.38 lakh shares of Nippon Life India AMC, and 1.19 lakh shares of JSW Steel from its portfolio.The other 12 stocks in which the fund reduced its stake were Dixon Technologies (India), Bajaj Finance, Kajaria Ceramics, Kotak Mahindra Bank, Max Financial Services, Apollo Tyres, CIE Automotive India, V-Guard Industries, HDFC AMC, Craftsman Automation, Lenskart Solutions, and Syrma SGS Technology.Nearly 13 new stocks were added in the portfolio in the month of October which included Hindustan Zinc, Gujarat Ambuja Exports, Tips Music, DCB Bank, Tanla Platforms, Indian Energy Exchange, The South Indian Bank and six others.The exposure was increased in 27 stocks in October. Around 23.37 lakh shares of Punjab National Bank were added and the fund had 50.78 lakh shares in its portfolio in October compared to 27.40 lakh shares in the previous month. It added 20.17 lakh shares of Bank of India and this was followed by 13.84 lakh shares of Gail (India) and 9.21 lakh shares of Steel Authority of India (Sail).The other 23 stocks where the fund increased its exposure included some names such as BHEL, SBI, ONGC, Tata Steel, Bharti Airtel, Polycab India, LIC, Coal India, Honasa Consumer, Castrol India, Hero MotoCorp, Lupin, Apollo Hospitals Enterprise, Lupin and 10 more.The exposure remained unchanged in 71 stocks in October and the fund had 129 stocks in its portfolio in the said time period, compared to 137 stocks in the previous month. The portfolio of the fund was spread across 30 sectors in October with highest allocation in banks of around 20.22%, followed by 10.76% allocation in automobile & ancillaries.Also Read | S Naren-managed ICICI Prudential Contra Fund unveils first portfolio since NFO; 34 stocks held, HDFC Bank top betAs a percentage of total assets, the fund had the highest allocation of 6.07% in ICICI Bank, followed by 5.21% in Bharti Airtel and 4.94% in HDFC Bank in the said time period.The fund had an AUM of Rs 3,149 crore in October against an AUM of Rs 3,175 crore in September. Since its inception on August 17, 2026, the fund has delivered a return of 0.06%.JioBlackRock Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The fund is benchmarked against Nifty 500 Index (TRI) and is managed by Tanvi Kacheria and Sahil Chaudhary.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message ET Mutual Funds on Facebook/Twitter. We will get them answered by our panel of experts. Do share your questions at ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle