EquityFlexi Cap FundDirectGrowthVery High

JioBlackRock Flexi Cap Fund

Q: What is the NAV of JioBlackRock Flexi Cap Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Flexi Cap Fund is ₹9.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Flexi Cap Fund delivered?

JioBlackRock Flexi Cap Fund has returned -5.16% over 1 year and -5.16% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund charges an expense ratio of 1.11% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund's largest holdings are ICICI Bank Ltd (6.1%), HDFC Bank Ltd (6.0%), Bharti Airtel Ltd (4.1%), State Bank of India (3.3%) and Reliance Industries Ltd (3.3%). Holdings are disclosed monthly and change over time.

Q: How risky is JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.5% and its worst peak-to-trough fall in our sample was -14.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is managed by Tanvi Kacheria and Sahil Chaudhary at Jio BlackRock.

Q: How is JioBlackRock Flexi Cap Fund taxed?

JioBlackRock Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Jio BlackRock Mutual Fund · Best Flexi Cap Mutual Funds

NAV

₹9.57

+0.45% 1D

as of 05 Oct 2026

This is the Direct plan of JioBlackRock Flexi Cap Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-5.16%absolute

52-week rangePrev NAV ₹9.53

Latest ₹9.57

Low ₹8.8847th percentile of its 52-week rangeHigh ₹10.36

Scorecard

★☆☆☆☆1/5 vs 42 of 45 Flexi Cap Fund peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Flexi Cap Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 42 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Flexi Cap Fund peers to rank yet

RiskModerate

Volatility 14.5% vs 14.2% category avg

CostAverage

1.1% expense vs 1.1% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Trails the Flexi Cap Fund average on 3M/6M/1Y — 1Y by 5.52pp
Ranks #38 of 42 on 1-year return in its Flexi Cap Fund cohort

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.11%

Category 1.12%▼0.01%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

17.42

Category 25.41▼7.99

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.38

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

NIFTY 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

17 Oct 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.54%

Absolute return over the last 3 months (not annualized)

-3.93%

Absolute return over the last 6 months (not annualized)

+5.62%

Absolute return since 1 Jan of this year (not annualized)

-6.92%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-5.16%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-5.16%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

14.53%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-14.29%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Flexi Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-4.54%	-4.29%	-0.25%
3M abs	-3.93%	-2.40%	-1.53%
6M abs	+5.62%	+10.55%	-4.93%
1Y CAGR	-5.16%	+0.36%	-5.52%
3Y CAGR	—	+12.05%	—
5Y CAGR	—	+10.19%	—

Category average across peers in Flexi Cap Fund (up to 45 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 45 peers in Flexi Cap Fund

1Y return

-5.16%

Beats 9.8% · rank #38

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.10L

Current value

₹1.07L

Absolute

-3.01%

XIRR

-7.10%

Value vs. invested

ValueInvested

11 monthly installments of ₹10,000 into JioBlackRock Flexi Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-6.92%	-7.18%	+0.26%
2025part	+1.88%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

236

Expense ratio

1.11%

AUM

₹3,064Cr

Portfolio turnover

165%

Exit load

Nil

P/E ratio

17.4

P/B ratio

3.5

Avg market cap

₹3,95,436Cr

P/E & P/B are portfolio-weighted harmonic means across 126 of 136 equity holdings (95% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Flexi Cap Fund

Compare all


JioBlackRock Flexi Cap FundThis fund Jio BlackRock · Direct · Growth	★☆☆☆☆ 1Y	-5.16%	—	—	17.42	1.11%	₹3,064Cr
Bank of India Flexi Cap Fund Bank of India · Direct · Growth	★★★★☆	+9.08%	+18.69%	+15.99%	24.33	0.88%	₹2,414Cr
ITI Flexi Cap Fund ITI · Direct · Growth	★★★★☆	+10.94%	+18.16%	—	25.40	0.88%	₹1,304Cr
Motilal Oswal Flexi Cap Fund Motilal Oswal · Direct · Growth	★★☆☆☆	+2.31%	+17.59%	+12.26%	40.48	1.18%	₹12,836Cr
360 ONE Flexicap Fund 360 One · Direct · Growth	★★★★☆	+8.17%	+16.88%	—	25.32	0.92%	₹2,018Cr
Invesco India Flexi Cap Fund Invesco · Direct · Growth	★★★★★	-0.79%	+16.34%	—	35.71	0.88%	₹4,904Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap65.9%
Mid cap17.9%
Small cap16.3%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.07%
Cash & Equivalents0.93%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
JioBlackRock Large Cap Fund Jio BlackRock · Large Cap Fund	72.5%!	—	1.33%	—
Franklin India Multi-Factor Fund Franklin Templeton · Sectoral/ Thematic	54.5%	—	1.15%	—
Groww ELSS Tax Saver Fund Groww · ELSS	50.4%!	★☆☆☆☆	1.52%	+7.98%
ICICI Prudential Nifty 500 Index Fund ICICI Prudential · Index Funds	50.0%	★★☆☆☆	0.46%	—
Parag Parikh Large Cap Fund PPFAS · Large Cap Fund	50.0%!	—	0.32%	—
Motilal Oswal Nifty 500 Index Fund Motilal Oswal · Index Funds	49.9%	★★★★☆	0.23%	+9.28%
Axis Nifty 500 Index Fund Axis · Index Funds	49.9%	★★☆☆☆	0.17%	—
SBI Nifty 500 Index Fund SBI · Index Funds	49.9%	★★☆☆☆	0.33%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

5 holdings — 1.38% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Welspun Corp LimitedLong-term · Stage I0.68%
Sterlite Technologies LimitedLong-term · Stage IV0.24%
Rubicon Research LimitedLong-term · Stage I0.21%
Mtar Technologies LimitedLong-term · Stage IV0.18%
GMM Pfaudler LimitedShort-term · Stage I0.06%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-14.3%11 Feb 2026 → 30 Mar 2026
Still below that high — 2 months down, and no recovery yet.
-5.2%02 Jan 2026 → 23 Jan 2026
Fell over 21 days, back to the old high on 11 Feb 2026 — 19 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹3,064Cr

April - June 2026

+15%

since January - March 2026

+₹538.96Cr

est. net flow, last quarter

At or near its largest, ₹3,064Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Jio BlackRock Mutual Fund is a 50:50 joint venture between Jio Financial Services and BlackRock, the world's largest asset manager. It began operations in 2025 with debt schemes and is building out its index and active range.

Launched

25 May 2025

Total AUM

₹17,979Cr+7.6% QoQ

Avg AUM · April - June 2026

Website

jioblackrockamc.com

Fund Managers

TKTanvi KacheriaStart date not disclosed

Role

Fund Manager

Education

• CFA Charter Holder Chartered Financial Analyst Institute. • BA in Biological Sciences minor Business Administration from University of Southern California.

Experience

• JioBlackRock Asset from Management Private Limited (Fund Management) - December 01, 2024 Present. with • Jio Financial Services Limited in (Special Projects) – April 10, 2024 – November 30, 2024. • BlackRock Financial Management Inc. (Portfolio Management) – July 3, 2017 – August 26, 2023. • Los Angeles Capital Management (Quantitative Institutional Asset Manager) – July 20, 2011 – June 15, 2017.

Funds managed (6)

All schemes Tanvi Kacheria runs →

SCSahil ChaudharyStart date not disclosed

Role

Lead Research Analyst, Investments

Education

• Bachelor Technology from Dhirubhai Ambani Institute of Information Communication Technology

Experience

• JioBlackRock Asset Management Private Limited (Fund Management) - December 01, 2024 Present. • BlackRock Services India Pvt Ltd. (Investments – MultiAsset Research & Portfolio Management) – June 24, 2019 – November 30, 2024. • FIL Research (India) Private Limited (Investment – Equities Product Specialist) - January 09, 2017 - June 21, 2019. • Evalueserve Private Limited (Investments - Equity Research) – June 23, 2014 – January 02, 2017 • Sapient Consulting Limited (Technology) – August 01, 2011 – June 13, 2014

Funds managed (2)

All schemes Sahil Chaudhary runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Tanvi Kacheria Sahil Chaudhary

Top holdings

ICICI Bank Ltd HDFC Bank Ltd Bharti Airtel Ltd State Bank of India Reliance Industries Ltd Mahindra & Mahindra Ltd Larsen & Toubro Ltd Tata Steel Ltd Infosys Ltd Nestle India Ltd Oil & Natural Gas Corporation Ltd Steel Authority of India Ltd

Jio BlackRock in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Flexi Cap funds

Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.

Frequently asked questions

What is the NAV of JioBlackRock Flexi Cap Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Flexi Cap Fund is ₹9.57 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Flexi Cap Fund delivered?

JioBlackRock Flexi Cap Fund has returned -5.16% over 1 year and -5.16% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund charges an expense ratio of 1.11% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund's largest holdings are ICICI Bank Ltd (6.1%), HDFC Bank Ltd (6.0%), Bharti Airtel Ltd (4.1%), State Bank of India (3.3%) and Reliance Industries Ltd (3.3%). Holdings are disclosed monthly and change over time.

How risky is JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.5% and its worst peak-to-trough fall in our sample was -14.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages JioBlackRock Flexi Cap Fund?

JioBlackRock Flexi Cap Fund is managed by Tanvi Kacheria and Sahil Chaudhary at Jio BlackRock.

How is JioBlackRock Flexi Cap Fund taxed?

JioBlackRock Flexi Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.