The Indian mutual fund industry is growing rapidly, and a new entrant has added fresh excitement. The Jio BlackRock Flexi Cap Fund — backed by BlackRock’s global expertise and Jio’s strong technology base — has quickly drawn investor attention.
But the big question now is: can this AI-driven, data-powered fund compete with long-established leaders like the Parag Parikh Flexi Cap Fund and the HDFC Flexi Cap Fund?
Both Parag Parikh and HDFC flexi-cap schemes are popular for long-term value investing, stable performance and strong fundamentals. With investors today looking for a mix of growth, innovation and trust, comparisons between these three funds are becoming more common.
Since the Jio BlackRock Flexi Cap Fund is still new, we have not compared returns. Instead, this story focuses on key factors such as AUM, NAV, portfolio strategy, expense ratio and risk profile to help investors understand the differences.
Jio BlackRock Flexi Cap Fund
Fund House: Jio BlackRock Mutual Fund
Total AUM: Rs 1,846 crore (as of 31 October 2025)
Expense ratio: 0.50% (as of 31 October 2025)
Minimum SIP amount: Rs 500
Benchmark: Nifty 500 TRI
Lock-in period: None
Riskometer: Very High
NAV: Rs 10.22 (as of 14 November 2025)
Top 10 stocks in portfolio:
HDFC Bank, ICICI Bank, Reliance Industries, Infosys, State Bank of India, Larsen & Toubro, Tata Consultancy Services, Bharti Airtel, HCL Technologies, Adani Ports & SEZ.
Top 10 sectors in portfolio:
Banking, Petroleum products, IT software, Construction, Telecom services, Transport infrastructure, Diversified FMCG, Ferrous metals, Consumer durables, Capital market.
Source: Fund Fact Sheet
Parag Parikh Flexi Cap Fund
Fund House: Parag Parikh Mutual Fund
AUM: Rs 1,25,800 crore (as of 31 October 2025)
Expense ratio: 0.63% (as of 31 October 2025)
NAV: Rs 94.0058 (as of 14 November 2025)
Beta: 0.57
Standard deviation: 8.50%
Sharpe ratio: 1.70
Benchmark: Nifty 500 TRI
Riskometer: Very High
Minimum lump sum investment: Rs 1,000
Minimum SIP amount: Rs 1,000
Former name: Parag Parikh Long Term Equity Fund
Top 10 stocks in portfolio:
HDFC Bank, Grid Corporation of India, Bajaj Holdings & Investment, Coal India, ITC, ICICI Bank, Kotak Mahindra Bank, Maruti Suzuki, Bharti Airtel, Mahindra & Mahindra.
Top 10 sectors in portfolio:
Banking, Computer software, Automobiles, Power, Finance, Consumer fuels, FMCG, Pharma & biotech, Telecom, IT, Capital market.
Source: Fact Sheet
HDFC Flexi Cap Fund
Fund House: HDFC Mutual Fund
NAV: Rs2,263.97 (as of 14 November 2025)
Total AUM: Rs 91,041 crore (as of 31 October 2025)
Expense ratio: 0.67% (as of 31 October 2025)
Benchmark: Nifty 500 TRI
Standard deviation: 11.223%
Beta: 0.806
Sharpe ratio: 1.317
Top 10 stocks in portfolio:
ICICI Bank, HDFC Bank, Axis Bank, State Bank of India, Kotak Mahindra Bank, SBI Life Insurance, Maruti Suzuki, Cipla, HCL Technologies, Hyundai Motor India.
Top 10 sectors in portfolio:
Financial services (38.7%), Automobile & auto components (14.9%), Healthcare (9.1%), Information technology (5.9%), Metals & mining (4.0%), Consumer services (2.7%), Telecommunication (2.5%), Power (2.0%), Construction materials (1.8%), Consumer durables (1.4%).
Source: Fact Sheet
(Disclaimer: The purpose of this article is only to provide information, not to recommend investment in any scheme. Make any investment decision only after consulting your investment advisor.)