JioBlackRock Mutual Fund Launches AI-Driven Flexi Cap Fund

JioBlackRock Mutual Fund has rolled out its first active equity offering, the Flexi Cap Fund, which incorporates AI tools to generate alpha in stock selection. The fund is open for subscription until early October. Post the IPO period, it will allow regular buy/sell operations. It reflects a push by AMCs to adopt technology and data science in active asset management, aiming to bridge discretionary and quant strategies.