JioBlackRock Sector Rotation Fund
The fund maintains a heavily financials-skewed portfolio with banks accounting for over one-fifth of assets, signaling conviction in India's credit cycle expansion despite broad diversification across 291 holdings. Recent portfolio churn—adding 29 positions while trimming insurance and fintech plays—suggests the manager is rotating away from defensive finance into cyclical exposure, with energy and autos gaining tactical emphasis. The modest monthly gain and near-full equity deployment indicate preparedness for sustained economic momentum, though the pronounced top-10 concentration of 35% creates meaningful single-stock risk within the sector rotation mandate.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹9.6844 | +0.36% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Hindustan Unilever Ltd | 0.32% |
| Redington Ltd | 0.16% |
| Kaynes Technology India Ltd | 0.15% |
| Malco Energy Ltd ** | 0.12% |
| Talwandi Sabo Power Ltd ** | 0.12% |
| Vedanta Aluminium Metal Ltd ** | 0.12% |
| Vedanta Iron And Steel Ltd ** | 0.12% |
| PG Electroplast Ltd | 0.10% |
| L&T Technology Services Ltd | 0.10% |
| Syrma SGS Technology Ltd | 0.09% |
| Honeywell Automation India Ltd | 0.08% |
| Netweb Technologies India Ltd | 0.08% |
| Oracle Financial Services Software Ltd | 0.07% |
| Data Patterns India Ltd | 0.07% |
| CESC Ltd | 0.06% |
| Billionbrains Garage Ventures Ltd | 0.06% |
| Amara Raja Energy And Mobility Ltd | 0.06% |
| Brigade Enterprises Ltd | 0.06% |
| Motilal Oswal Financial Services Ltd | 0.06% |
| Poonawalla Fincorp Ltd | 0.06% |
| HDB Financial Services Ltd | 0.06% |
| Kajaria Ceramics Ltd | 0.06% |
| Global Health Ltd | 0.06% |
| Inox Wind Ltd | 0.06% |
| Aditya Infotech Ltd | 0.06% |
| NTPC Green Energy Ltd | 0.05% |
| Aegis Logistics Ltd | 0.05% |
| Margin on Derivatives | 0.09% |
| Net Receivables / (Payables) | -0.47% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd INE040A01034 | 6.57% |
| 2 | Reliance Industries Ltd INE002A01018 | 5.47% |
| 3 | ICICI Bank Ltd INE090A01021 | 5.04% |
| 4 | Bharti Airtel Ltd INE397D01024 | 4.83% |
| 5 | Larsen & Toubro Ltd INE018A01030 | 2.67% |
| 6 | ITC Ltd INE154A01025 | 2.58% |
| 7 | State Bank of India INE062A01020 | 2.49% |
| 8 | Axis Bank Ltd INE238A01034 | 2.06% |
| 9 | Kotak Mahindra Bank Ltd INE237A01036 | 1.55% |
| 10 | Mahindra & Mahindra Ltd INE101A01026 | 1.52% |
| 11 | Sun Pharmaceutical Industries Ltd INE044A01036 | 1.29% |
| 12 | Adani Ports and Special Economic Zone Ltd INE742F01042 | 1.27% |
| 13 | Infosys Ltd INE009A01021 | 1.22% |
| 14 | Bajaj Finance Ltd INE296A01032 | 1.21% |
| 15 | TREPS | 1.09% |
| 16 | Interglobe Aviation Ltd INE646L01027 | 1.03% |
| 17 | NTPC Ltd INE733E01010 | 0.99% |
| 18 | Tata Steel Ltd INE081A01020 | 0.99% |
| 19 | Maruti Suzuki India Ltd INE585B01010 | 0.96% |
| 20 | Nestle India Ltd INE239A01024 | 0.88% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does JioBlackRock Sector Rotation Fund hold?
JioBlackRock Sector Rotation Fund holds 289 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.57% of NAV.
What is the largest holding in JioBlackRock Sector Rotation Fund?
The largest position in JioBlackRock Sector Rotation Fund is HDFC Bank Ltd, accounting for 6.57% of NAV in the Banks sector.
Is JioBlackRock Sector Rotation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.612, JioBlackRock Sector Rotation Fund is moderately concentrated. The HHI concentration index is 18,093 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.57% of the portfolio.
What is the market cap allocation of JioBlackRock Sector Rotation Fund?
Based on SEBI's AMFI classification, JioBlackRock Sector Rotation Fund's equity portfolio is split as: Large Cap: 71.51%, Mid Cap: 19.66%, Small Cap: 5.66%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does JioBlackRock Sector Rotation Fund invest in most?
JioBlackRock Sector Rotation Fund has the highest allocation to Banks (20.92%), Petroleum Products (6.32%), Pharmaceuticals & Biotechnology (6.11%). The fund is invested across 44 sectors in total.
How actively managed is JioBlackRock Sector Rotation Fund compared to other Sectoral / Thematic funds?
JioBlackRock Sector Rotation Fund has an Active Share of 36.48%, classifying it as "Balanced Approach" among 237 Sectoral / Thematic peers. This indicates a moderate level of differentiation from category peers.
What changed in JioBlackRock Sector Rotation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, JioBlackRock Sector Rotation Fund added 29 new stocks (including Hindustan Unilever Ltd) and exited 14 stocks (including SBI Life Insurance Co Ltd). Total holding count increased from 276 to 291 stocks.