New Delhi: In a major move, JioBlackRock Asset Management Private Limited has launched its equity fund, the JioBlackRock Flexi Cap Fund. It is important to note that the JioBlackRock Asset Management is a 50:50 joint venture between Mukesh Ambani-led Jio Financial Services Limited (JFSL) and BlackRock. Investments in this New Fund Offer (NFO) can be made until Tuesday, 7 October 2025.
The investors must note that there is no exit load in this scheme. Investors can start with a lump-sum or switch-in amount of at least Rs 500, while any additional contribution must be in multiples of Rs 1. For SIP, investors need to invest a minimum of Rs 500 per installment, in multiples of Rs 1, with a minimum commitment of six installments.
Rishi Kohli, Chief Investment Officer (CIO) of JioBlackRock Asset Management, said: “This is our first active equity fund, which utilizes BlackRock’s unique Systematic Active Equities (SAE) approach. With the help of SAE, this fund aims to provide long-term value, following a disciplined investment process and risk framework that remains stable even through market cycles.”
For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on India.com.
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts Cookies Policy.