positive
Recently
JioBlackRock’s first active fund books ₹1,500 crore in NFO debut
No Image
JioBlackRock’s maiden active equity fund raises ₹1,460 crore, reflecting strong retail interest.
The newly launched active flexi-cap fund from **JioBlackRock MF** has raised about ₹1,460 crore in its New Fund Offer (NFO) phase, with over 6 lakh retail investors participating. The fund reopens to continuous subscription from October 17. The heavy retail uptake signals investor appetite for flexible equity products beyond passive funds. Fund houses see this success as a validation of active strategy in a volatile market, especially among newer market participants.