Latest news with #JioBlackRockLiquidFund
Economic Times
10-07-2025
- Business
- Economic Times
Parag Parikh Flexi Cap Fund increases stake in ITC, Coal India, and 10 other stocks in June
Synopsis Parag Parikh Flexi Cap Fund raised stakes in ITC, Coal India, Bharti Airtel, HCL Tech, and others in June, while trimming exposure to IPCA Labs and Motilal Oswal. Zydus Wellness was the only new addition. The fund held 29 stocks as of June-end. The exposure was reduced in only two stocks, which were IPCA Laboratories and Motilal Oswal Financial Services. Parag Parikh Flexi Cap Fund, the largest active fund and the largest flexi cap fund based on assets managed, has increased its stake in ITC, Coal India, and 10 other stocks in the month of fund added 81.51 lakh shares of ITC to its portfolio, taking the total number of shares to 11.74 crore in June against 10.92 crore shares in May. Around 63.57 lakh shares of Coal India were added to the portfolio in the same period. Also Read | Midcap and smallcap mutual funds witness surge in inflows. Is investor confidence back? The flexi cap fund added 1.53 crore shares of Power Grid Corporation of India in June, followed by 91.37 lakh shares of Bharti Airtel in the same period. The other stocks where it increased its stake included Cipla, EID Parry India, HCL Technologies, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Mahindra & Mahindra, and exposure was reduced in only two stocks which were IPCA Laboratories and Motilal Oswal Financial Services. Around 48 lakh shares of Motilal Oswal Financial Services were sold out from the portfolio in the mentioned period and 3.29 lakh shares of IPCA Laboratories were sold out. Only one new stock was added to the portfolio - Zydus Wellness. Around 44 lakh shares of Zydus Wellness were added to the portfolio in June. The fund did not make a complete exit from any stock in the same period. The exposure in 14 stocks remained unchanged which includes Axis Bank, Bajaj Holdings & Investment, CDSL, Dr. Reddy's Laboratories, ICRA, Indian Energy Exchange, Infosys, Maharashtra Scooters, Maruti Suzuki India, Multi Commodity Exchange of India, Narayana Hrudayalaya, Swaraj Engines, and Zydus fund had around 29 stocks in its portfolio in June against 28 stocks in May. The fund had an AUM of Rs 1.10 lakh crore as on June 30, Parikh Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The investment objective of the fund is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities. The scheme shall invest in Indian equities, foreign equities and related instruments and debt securities. Also Read | Investing in JioBlackRock Liquid Fund? Find out 1-month to 1-year return of other liquid funds The fund is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya. The fund is benchmarked against NIFTY 500 (TRI). According to the monthly release by the fund house, the core portfolio consists of equity investments made with a long term outlook and the factors considered while investing are quality of management, quality of the sector and the business (return on capital, entry barriers, capital intensity, use of debt, growth prospects etc) and the valuation of the companies. The fund management team endeavours to identify opportunities for long-term investments. However, there are times when the opportunities are not attractive enough. While waiting for attractive opportunities, the fund invests in arbitrage opportunities between the cash and futures equity markets and special situations arbitrage where open offers/delisting/merger events have been announced. Investments are also made in money market/debt securities while waiting for deployment in core equity investments, the release said.'We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macroeconomic situation but is focused on individual companies. We have about 21.85% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long-term investments at appropriate levels,' the fund house said. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
10-07-2025
- Business
- Time of India
Parag Parikh Flexi Cap Fund increases stake in ITC, Coal India, and 10 other stocks in June
Parag Parikh Flexi Cap Fund , the largest active fund and the largest flexi cap fund based on assets managed, has increased its stake in ITC , Coal India , and 10 other stocks in the month of June. The fund added 81.51 lakh shares of ITC to its portfolio, taking the total number of shares to 11.74 crore in June against 10.92 crore shares in May. Around 63.57 lakh shares of Coal India were added to the portfolio in the same period. Also Read | Midcap and smallcap mutual funds witness surge in inflows. Is investor confidence back? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Как осветих двора си без разходи за ток Shark Light Научете повече Undo The flexi cap fund added 1.53 crore shares of Power Grid Corporation of India in June, followed by 91.37 lakh shares of Bharti Airtel in the same period. The other stocks where it increased its stake included Cipla , EID Parry India, HCL Technologies , HDFC Bank , ICICI Bank , Kotak Mahindra Bank, Mahindra & Mahindra, and Nesco. The exposure was reduced in only two stocks which were IPCA Laboratories and Motilal Oswal Financial Services. Around 48 lakh shares of Motilal Oswal Financial Services were sold out from the portfolio in the mentioned period and 3.29 lakh shares of IPCA Laboratories were sold out. Live Events Only one new stock was added to the portfolio - Zydus Wellness. Around 44 lakh shares of Zydus Wellness were added to the portfolio in June. The fund did not make a complete exit from any stock in the same period. The exposure in 14 stocks remained unchanged which includes Axis Bank, Bajaj Holdings & Investment, CDSL, Dr. Reddy's Laboratories, ICRA, Indian Energy Exchange, Infosys, Maharashtra Scooters, Maruti Suzuki India, Multi Commodity Exchange of India, Narayana Hrudayalaya, Swaraj Engines, and Zydus Lifesciences. The fund had around 29 stocks in its portfolio in June against 28 stocks in May. The fund had an AUM of Rs 1.10 lakh crore as on June 30, 2025. Parag Parikh Flexi Cap Fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The investment objective of the fund is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities. The scheme shall invest in Indian equities, foreign equities and related instruments and debt securities. Also Read | Investing in JioBlackRock Liquid Fund? Find out 1-month to 1-year return of other liquid funds The fund is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya. The fund is benchmarked against NIFTY 500 (TRI). According to the monthly release by the fund house, the core portfolio consists of equity investments made with a long term outlook and the factors considered while investing are quality of management, quality of the sector and the business (return on capital, entry barriers, capital intensity, use of debt, growth prospects etc) and the valuation of the companies. The fund management team endeavours to identify opportunities for long-term investments. However, there are times when the opportunities are not attractive enough. While waiting for attractive opportunities, the fund invests in arbitrage opportunities between the cash and futures equity markets and special situations arbitrage where open offers/delisting/merger events have been announced. Investments are also made in money market/debt securities while waiting for deployment in core equity investments, the release said. 'We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macroeconomic situation but is focused on individual companies. We have about 21.85% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long-term investments at appropriate levels,' the fund house said. ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
09-07-2025
- Business
- Time of India
Investing in JioBlackRock Liquid Fund? Find out 1-month to 1-year return of other liquid funds
Synopsis JioBlackRock Liquid Fund, a fund offered by JioBlackRock Mutual Fund, which is a new entrant in the mutual fund industry, is now live for continuous sale and repurchase. The fund is an open-ended liquid scheme with a relatively low interest rate risk and relatively low credit risk.
Economic Times
09-07-2025
- Business
- Economic Times
Investing in JioBlackRock Liquid Fund? Find out 1-month to 1-year return of other liquid funds
JioBlackRock Liquid Fund, a fund offered by JioBlackRock Mutual Fund, which is a new entrant in the mutual fund industry, is now live for continuous sale and repurchase. The fund is an open-ended liquid scheme with a relatively low interest rate risk and relatively low credit risk. The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market and debt instruments with residual maturity up to 91 to the JioBlackRock Mutual Fund, one can put their surplus money to work, disciplined, monitored, and managed with global insight by investing in the JioBlackRock Liquid Fund. Also Read | JioBlackRock Mutual Fund seeks Sebi nod to launch 8 new funds: Report Being a new entrant in the liquid fund category, investors may be interested in how other liquid funds have performed in the last three months, as these funds typically hold money market and debt instruments with residual maturity of 91 days. ETMutualFunds looked at the performance of other liquid funds in the last one month to one year the last one month, liquid funds gave an average return of 5.95% whereas in the last three months, these funds gave an average return of 6.43%. Liquid funds gave an average return of 7.06% in the last six months, whereas in the last one year, these funds gave an average return of 7.19%. There were around 37 funds in the category that have marked their presence in the market for the last three months. These funds have offered an average return of 6.43% in the last three months. Out of 37 funds, Nippon India Liquid Fund gave the highest return of 6.56% in the last three months, followed by HSBC Liquid Fund, which gave 6.55% return. Around 12 funds gave returns ranging between 6.50% to 6.54% in the said time period. Bajaj Finserv Liquid Fund and PGIM India Liquid Fund gave 6.49% return in the same time period. Around 11 funds have offered returns ranging between 6.40% to 6.48% in the last three months, next six funds gave returns ranging between 6.30% to 6.39% in the same period. Three funds gave a 6.13% to 6.14% return in the same period. Motilal Oswal Liquid Fund gave the lowest return of 6.06% in the last three months. Also Read | Jio BlackRock raises more than Rs 17,800 crore through debut new fund offer Around 36 liquid funds have completed one year of existence in the market and have delivered an average return of 7.19%. Around four funds gave a return of 7.30% 13 funds gave returns ranging between 7.25% to 7.29% in the last one year. Nine funds offered returns between 7.20% to 7.24% in the same period. The next six funds in the list gave returns between 7.04% to 7.18%. Parag Parikh Liquid Fund offered a return of 6.89% in the last one year, followed by Quantum Liquid Fund, which gave a 6.84% return in the same period. Navi Liquid Fund and Motilal Oswal Liquid Fund gave 6.83% and 6.78% returns, respectively, in the same period. Note, we considered all liquid funds. We considered direct and growth plans. We calculated returns of these funds across different horizons. Note, JioBlackRock Liquid Fund offers only the direct plan with a growth option only. The above returns are simple annualized as in the case of debt mutual funds, returns less than one year are simple annualised and more than one year are compounded annulaised. According to the Sebi mandate, liquid funds make investment in debt and money market securities with maturity of upto 91 days only.
Time of India
08-07-2025
- Business
- Time of India
JioBlackRock MF raises Rs 17.8k cr in maiden NFO
NEW DELHI: JioBlackRock Asset Management, a 50:50 joint venture between Jio Financial Services and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore. The fund was mobilised from three cash/debt mutual fund schemes - JioBlackRock Overnight Fund, JioBlackRock Liquid Fund and JioBlackRock Money Market Fund. The three-day NFO attracted investments from over 90 institutional investors. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
