JioBlackRock Mutual Fund Files Draft With SEBI for Flexi Cap Fund

JioBlackRock Mutual Fund, the joint venture between Jio Financial Services and global asset manager BlackRock, has filed draft documents with SEBI for its 2nd product, the JioBlackRock Flexi Cap Fund. This follows the AMC’s debut on August 5, 2025, with 5 passive index funds currently open for subscription.

Flexi Cap Structure and Investment Strategy

The proposed scheme is an open-ended equity fund that will invest across large-cap, mid-cap, and small-cap companies. As per SEBI norms, at least 65% of the portfolio will remain in equity and equity-related instruments. The scheme aims for long-term capital appreciation through a dynamic allocation that allows flexibility based on market trends.

Benchmark and Fund Managers

The Flexi Cap Fund will be benchmarked against the Nifty 500 Total Return Index (TRI), as disclosed in the draft Scheme Information Document (SID). The scheme will be managed by Tanvi Kacheria and Sahil Chaudhary, both of whom have experience in equity and multi-asset investment roles across JioBlackRock and BlackRock entities.

Features and Structure

The scheme will offer only a Direct Plan with a Growth Option. The minimum application amount during the New Fund Offer (NFO) and thereafter will be ₹500. There is no exit load, and redemption proceeds will be transferred within three business days. The scheme is not listed on any exchange.

Technology and Research Approach

Portfolio construction will use inputs from BlackRock’s signal research and technology platform, Aladdin. Signals are derived using data and machine learning models and cover valuation, quality, sentiment, and momentum. These are combined into composite scores to guide portfolio decisions, alongside inputs from the fund management team.

JioBlackRock’s earlier offerings include 5 index funds based on Nifty 50, Nifty Next 50, Nifty Midcap 150, Nifty Smallcap 250, and the Nifty 8- 3 Yr G-Sec index. These are available for subscription until August 12, 2025.

Read more: NFO Alert: JioBlackRock AMC Launches 5 New Index Funds!

Conclusion

With this filing, JioBlackRock moves into the active fund segment. The Flexi Cap Fund is positioned to provide exposure across market capitalisations, using a mix of quantitative models and human oversight.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.