JioBlackRock Mutual Fund announces feature changes across 6 funds, including flexi cap, large cap
According to a notice cum addendum these changes in the features of schemes are for the purpose of alignment with “Part IV – Categorization and Rationalization of Mutual Fund Schemes” of the SEBI Master Circular for Mutual Funds dated March 20, 2026.
Also Read | Explained: 5 reasons why skipping SIPs may affect your long-term wealth creation
JioBlackRock Flexi Cap Fund will now invest 65-100% in equity and equity-related instruments of large cap, mid cap and small cap companies, 0-35% in money market instruments, other liquid instruments and units of mutual fund, 0-20% in units of gold and silver ETFs, and 0-10% in units issued by InvITs.
Earlier the allocation in this flexicap fund was 65-100% in equity and equity-related instruments of largecap, midcap and smallcap companies, 0-35% in debt and money market instruments and 0-10% in units issued by REITs and InvITs.
JioBlackRock Large Cap Fund will now allocate 80-100% in equity and equity-related instruments of largecap companies, 0-20% in equity and equity-related instruments of other than large cap companies, 0-20% in money market instruments, other liquid instruments and units of mutual fund, 0-20% in units of gold and silver ETFs and 0-10% in units issued by InvITs.
JioBlackRock Sector Rotation Fund, a sectoral fund, which earlier allocated its assets in equity and equity related instruments, other equity and equity related instruments and debt and money market instruments will now also allocate in money market instruments, other liquid instruments and units of mutual fund, units of gold and silver ETFs and units issued by InvITs.The JioBlackRock Arbitrage Fund which allocated its assets only in equity and equity related instruments including equity derivatives and debt and money market instruments including the margin money deployed in derivative transactions will now also allocate its money in Gold ETF, Silver ETF and ETCD.
For the JioBlackRock Liquid Fund, the 91 days reference in SID and KIM shall stand replaced with “91 calendar days” with effect from the effective date. “The Scheme will invest in Debt instruments and Money Market instruments with residual maturity upto 91 calendar days,” the notice cum addendum said.
Similarly for the JioBlackRock Overnight Fund, the 30 days reference in SID and KIM shall stand replaced as “30 calendar days” from the effective date. “The overnight fund can deploy not exceeding 5% of the net assets in G-secs and/or T-bills with a residual maturity of upto 30 calendar days for the purpose of placing the same as margin and collateral for certain transactions, according to the notice cum addendum.
The fund house also informed about change in names of its two debt funds – JioBlackRock Short Duration Fund and JioBlackRock Low Duration Fund.
Also Read | HDFC and Axis Mutual Fund resume subscriptions in gold ETFs and gold ETF FoFs
The JioBlackRock Short Duration Fund will now be called the JioBlackRock Short Term Fund, an open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years with a relatively high interest rate risk and moderate credit risk.
JioBlackRock Low Duration Fund will now be named as the JioBlackRock Ultra Short to Short Term Fund, an open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months with a relatively high interest rate risk and moderate credit risk.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.
as a Reliable and Trusted News Source
