Jio BlackRock Mutual Fund is soon going to launch a flexi cap fund, which has received SEBI approval. The money of this fund will be invested in large, mid and small cap companies. Only direct growth plan will be available. You can start investing from ₹ 500 and there will be no exit load.
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Jio BlackRock Mutual Fund House is soon going to launch Jio BlackRock Flexi Cap Fund. For this, the fund house has received approval from market regulator SEBI. The money of investors investing in Flexi Cap is invested in companies of all three categories – large cap, mid cap and small cap. In this, the fund manager can invest any amount in any category according to his strategy.
The aim of this fund is to give good returns through long term investment, that too by investing smartly in equity and equity related things. One special thing – in this fund coming from Jio BlackRock, only direct plan will be available and that too with growth option. However, flexi cap funds coming from other fund houses have more options.
Nifty 500 Index (TRI) will be the benchmark of this fund
The benchmark of this fund i.e. the basis of comparison will be Nifty 500 Index (TRI). This fund will be invested by two experienced fund managers Tanvi Kacheria and Sahil Chaudhary together. There will be no exit load in this fund. That is, if you want to withdraw your money anytime, then you will not have to pay any additional fee.
You can invest with a minimum of Rs 500
If you want to invest lump sum in this fund, then you can start with at least ₹ 500. After that investment can be made through any amount. At the same time, if you want to invest through SIP (Systematic Investment Plan), you can start with ₹ 500. After this, you can invest in multiples of ₹ 1. However, it will be necessary to invest in at least 6 SIPs.
How will the fund money be invested
- 65% to 100% of the investment will be in equity and related options.
- That is, in shares of large cap, mid cap and small cap companies.
- 0% to 35% of the money can be invested in debt and money market instruments, that is, in low-risk options.
- 0% to 10% of the investment will be in REITs and InvITs, which are investment options related to real estate and infrastructure.
Disclaimer: This is just information, not any investment advice. Do talk to your expert before investing money. There is risk in investing money in mutual funds. There is no guarantee of return in this. Therefore, invest wisely.
