The Indian investment landscape just got a massive new player. The 50:50 joint venture between Jio Financial Services and global asset management giant BlackRock has rolled out its very first offering: the Jio BlackRock Flexi Cap Fund. The New Fund Offer (NFO) is now live, and here’s everything you need to know about it.

What is the Jio BlackRock Flexi Cap Fund?
This is an open-ended dynamic equity scheme, which means it's a Flexi Cap fund. For investors, this signifies flexibility; the fund managers can invest across companies of all sizes—large-cap, mid-cap, and small-cap—without any rigid allocation limits. The primary objective is to achieve long-term capital growth by investing in a diversified portfolio of stocks.

Key NFO Details You Can't Miss
If you're considering investing, here are the crucial details:

NFO Period: The subscription window is open from September 23, 2024, to October 7, 2024.
Minimum Investment: The fund is highly accessible. You can start with a lump sum investment of just ₹1,000 or begin a Systematic Investment Plan (SIP) for as little as ₹100 per month (for a minimum of 10 installments).
Fund Management: The scheme will be managed by the experienced duo of Mr. Harish Krishnan and Mr. Pranav Gokhale.
Benchmark Index: The fund's performance will be measured against the S&P BSE 500 Total Return Index (TRI).