JioBlackRock Mutual Fund Launches NFO for Flexi Cap Fund on September 23, Closes on October 7

JioBlackRock Mutual Fund is set to launch its first fund, JioBlackRock Flexi Cap Fund, on September 23. The fund will be benchmarked against Nifty 500 Index (TRI) and managed by Tanvi Kacheria and Sahil Chaudhary. It will invest across large cap, mid cap, and small cap stocks using BlackRock's proprietary Systematic Active Equity approach. The minimum application amount for lumpsum and SIP is Rs 500, with no exit load.