Overview
- The New Fund Offering runs from August 5 to 12 and covers five schemes tracking Nifty 50, Next 50, Midcap 150, Smallcap 250 and 8–13 Yr G-Sec indices.
- Investors can subscribe through the JioFinance app and major platforms including Groww, Zerodha, Paytm Money, INDmoney, Dhan and Kuvera.
- This launch follows the 50:50 JV’s July debut of three cash and debt funds that raised ₹17,800 crore and SEBI approval for its passive equity and government-bond schemes.
- Each index fund is designed to offer low-cost, transparent exposure to blue-chip stocks, mid- and small-cap firms or long-duration government securities.
- A series of educational initiatives with engaging content will support both first-time and experienced investors in understanding index investment strategies.