The JioBlackrock Flexi Cap Fund NFO will close tomorrow, October 7th. This open-ended flexi-cap fund opened on September 23rd, giving investors just one more day to participate.
The minimum investment is ₹500, and investors can choose to invest through a SIP or lump sum. The expense ratio of the fund is 0.50%.
Experts highlight that this is India’s first flexi-cap fund managed jointly by AI and human managers. While there are over 25 schemes in the flexi-cap segment, this fund stands out due to its AI-assisted management approach.
Expert Opinions on the Fund
Pankaj, Founder and CEO of Optima Money Managers, says:
“The JioBlackrock Flexi Cap Fund NFO is unique because it combines AI with human management. The AI will help balance investments across large-cap, mid-cap, and small-cap markets, potentially generating higher long-term returns.”
Anuj Gupta, Director of Ya Wealth, adds:
“There is no exit load on this NFO, so investors can redeem their units anytime.”
Both experts recommend a long-term investment approach when investing in this fund.
Fund Details
Minimum Investment: ₹500
Expense Ratio: 0.50%
Fund Managers: Tanvi Kacheria and Sunil Chaudhary
