Jio, BlackRock launch India's 1st flexi cap fund
Jio and BlackRock just launched the Flexi Cap Fund, making it the first in India to use BlackRock's Systematic Active Equity (SAE) strategy.
The fund's goal? Long-term growth and smart risk management, powered by a data-focused approach.
As Rishi Kohli from JioBlackRock AMC puts it, they're aiming for long-term alpha and risk-adjusted returns.
The New Fund Offer wrapped up on October 7, 2024.
SAE strategy and weekly rebalancing
This fund invests across large-, mid-, and small-cap companies, using both classic financial info and fresh sources like credit card swipes—about 20% of its insights come from these alternative signals.
Built on BlackRock's Aladdin platform for better diversification, the portfolio gets rebalanced every week to keep up with market shifts.
You can get in on platforms like Paytm Money, where Jio's digital reach meets BlackRock's global investing know-how.