Jio-BlackRock Mutual Fund has introduced its first active equity scheme – the Jio BlackRock Flexi Cap Fund. Subscriptions are now open and will close on October 7.
The fund will reopen for regular sale and repurchase within five business days after allotment.
This is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and small-cap stocks.
The aim is to generate long-term capital growth by investing across different companies. The fund is available only in the growth option under the direct plan, and there is no exit load.
Investment Options and Minimum Amount
Lump sum investment: Minimum ₹500, and then in multiples of ₹1.
SIP (Systematic Investment Plan): Minimum ₹500 per installment, in multiples of ₹1. At least 6 installments are required.
Portfolio Allocation
Equity (Shares): 65% to 100% – spread across large, mid, and small-cap companies.
Debt & Money Market Instruments: 0% to 35%.
REITs/InvITs: 0% to 10%.
The fund is benchmarked against the Nifty 500 Index (TRI) and will be managed by Tanvi Kacheria and Sahil Chaudhary.
Investment Strategy and Benefits
The fund follows a systematic stock selection approach using the Signal Research Score, a model developed by BlackRock Inc. This model uses big data, machine learning,
and advanced analytics to respond quickly to market changes. The process is supported by Aladdin, BlackRock’s powerful technology platform. Together, technology and human expertise aim to reduce bias in investment decisions.
Why Choose a Flexi-Cap Fund?
Wealth Creation: Experts recommend starting with a SIP for long-term growth.
Core Portfolio Holding: Flexi-cap funds are suitable in all market conditions and can act as a stable part of an investor’s portfolio.
Lump Sum Option: Investors with low equity exposure can also invest lump sums. However, due to current market conditions, it is advisable to invest through a Systematic Transfer Plan (STP) over the next 6–12 months.
