JioBlackRock fund launch: First active equity product set for September 23; more in pipeline this year

JioBlackRock Mutual Fund is set to launch its first active equity product, the JioBlackRock FlexiCap Fund, on September 23. The fund utilizes BlackRock’s Systematic Active Equity platform, employing a technology-driven process to track 400 signals. Aiming for controlled risk and consistent returns, the fund anticipates launching three to four more active equity schemes this fiscal year.