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4h ago

JioBlackRock Flexi Cap Fund NFO Closes Today, Debuting JV’s First Active Equity Offering

The fund introduces BlackRock’s SAE with ALADDIN to a low-cost, retail-focused flexi-cap strategy.

JioBlackRock Flexi Cap NFO closes today: What investors should note about this fund
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Overview

  • The subscription window ends October 7 after opening September 23, with the NFO offered at ₹10 per unit and a reported corpus of about ₹15,512 crore.
  • This is the first fund in India to deploy BlackRock’s Systematic Active Equity approach, supported by the ALADDIN risk and analytics platform.
  • The minimum investment is ₹500, the total expense ratio is 0.50%, and there is no exit load on redemptions.
  • The scheme is actively managed by Tanvi Kacheria and Sunil Chaudhary, is benchmarked to the Nifty 500 TRI, and targets broad diversification with roughly 150 holdings.
  • The open-ended flexi-cap mandate spans 65–100% equities, 0–35% debt, and 0–10% REITs/InvITs, with subscriptions available via JioBlackRock’s site and platforms like Groww, Zerodha, and Paytm Money.