Jio BlackRock NFO Alerts: 5 New Index Funds to Watch!
India’s mutual fund industry is buzzing with the launch of Jio BlackRock Mutual Fund, a joint venture between Reliance Industries and global asset manager BlackRock. In a bold entry, the AMC has filed for five index funds — offering low-cost, diversified exposure across various segments of the market.
If you’re an investor looking for passive investing opportunities, these new fund offerings (NFO) might be worth tracking closely.
1️⃣ JioBlackRock Nifty 50 Index Fund
Benchmark: Nifty 50 Total Returns Index
Focus: India’s top 50 large-cap companies
Why Consider: Ideal for beginners or core portfolio allocation. Offers broad-based exposure to the largest and most liquid Indian stocks.