New Fund Offer: JioBlackRock Mutual Fund is launching two new schemes. Investors can start investing with just ₹500. The first is the JioBlackRock Low Duration Fund and the second is the JioBlackRock Short Duration Fund. These will open on January 8th and close on January 13th.
Add informalnewz.com as a Preferred Source
New Fund Offer: JioBlackRock Mutual Fund is preparing to launch two new schemes for its investors. The first is the JioBlackRock Low Duration Fund and the second is the JioBlackRock Short Duration Fund. Through these new schemes, the fund aims to provide investors with investment options tailored to different time horizons and risk profiles.
These two new fund offers open for investment on January 8th and can be invested in until January 13th. Previously, the mutual fund launched four funds in the debt category, five in the equity category, and one hybrid fund.
JioBlackRock Short Duration Fund
The JioBlackRock Short Duration Fund will be an open-ended short-term debt scheme. Investments in this fund will be made in instruments with Macaulay durations between 1 and 3 years. The fund’s performance will be compared to the NIFTY Short Duration Debt Index A-II. It will be managed by Arun Ramachandran, Vikrant Mehta, and Siddhartha Deb. The fund can invest 0% to 100% in debt and money market instruments.
This fund is suitable for investors seeking income over a short-term investment horizon. It will open on January 8th and close on January 13th. Investments can start with just ₹500.
JioBlackRock Low Duration Fund
The Low Duration Fund is an open-ended debt scheme with a Macaulay investment period of 6 to 12 months. Its objective is to generate income for investors through day and money market instruments. The fund’s performance will be compared to the NIFTY Low Duration Debt Index A-I. It will also be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. The fund can invest 0 to 100% in debt and money market instruments.
This scheme is suitable for investors looking for short-term income and a safe investment option. It will also open on January 8th and close on January 13th. You can start investing with a minimum of Rs 500.
Who are these funds best suited for?
These two debt-class schemes (NFOs) are considered a good option for investors who want to invest for a short period of time and are looking for regular income. For investors who want a stable income by investing for one to three or six months, consider investing for a period of one to three months or six months.
Add informalnewz.com as a Preferred Source
DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
