JioBlackRock Mutual Fund files offer document for Nifty 8-13 yr G-Sec Index Fund

JioBlackRock Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘JioBlackRock Nifty 8-13 yr G-Sec Index Fund’. The New Fund Offer price for units would be at Rs 10 during the NFO period. Entry load and Exit load will be nil. The Scheme offers only growth option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance of the scheme will be benchmarked against Nifty 8-13 yr G-Sec Index. The minimum application amount is Rs 500 and any amount thereafter.
The investment objective of the scheme is passive investment in in gilt securities replicating the composition of Nifty 8-13 yrG-Sec Index.









