2025-06-12 04:44:07 pm | Source: Accord Fintech
Jio Black Rock Mutual Fund files offer document for Money Market Fund
Jio BlackRock Mutual Fund has filed offer document with SEBI to launch an open ended debt scheme named ‘Jio BlackRock Money Market Fund ‘. The New Fund Offer price for units would be Rs 1000 during the NFO period. Entry load and exit load will be nil. The Scheme does offer only growth Options for investment, and seeks to collect a Minimum Target Amount of Rs 20 crore
The performance of the scheme will be benchmarked by NIFTY Money Market Index A-I. The minimum application amount is Rs 500 and any amount thereafter.
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year.
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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