JioBlackRock Mutual Fund receives Sebi’s nod to launch largecap fund

JioBlackRock Mutual Fund has received approval from Sebi to launch a largecap fund - JioBlackRock Large Cap Fund. The investment objective of the fund will be to generate long-term capital appreciation by predominantly investing in equity and equity-related instruments of large-cap companies.

The performance of this largecap fund will be benchmarked against the BSE 100 Index (TRI) and will be managed by Tanvi Kacheria and Sahil Chaudhary.

Also Read | Silver, gold ETFs jump up to 3% as tariff, geopolitical worries resurface. What should investors do?


With reports going around on fund house reaching the mutual fund distributors, this scheme shall offer only a direct plan and further shall offer only a growth option. The minimum application amount for lumpsum investment will be Rs 500 and any amount thereafter. For a monthly SIP, the minimum investment amount will be Rs 500 and in multiples of Re 1 thereafter, with a minimum of six installments.

JioBlackRock Large Cap Fund will allocate 80-100% in equity and equity-related instruments of largecap companies, 0-20% in equity and equity-related instruments of other than largecap companies, 0-20% in debt and money market instruments, and 0-10% in units issued by InvITs.

The scheme shall follow an active investment strategy that adopts a systematic approach to stock selection and portfolio construction. The approach allows the fund manager to respond proactively to changing market conditions and emerging opportunities.

The fund will be suitable for investors who are seeking long-term capital appreciation and want investment predominantly in equity and equity-related instruments of largecap companies. The principal invested in the fund will be at “very high risk” according to the riskometer of the scheme.

Also Read | Tech mutual funds emerge worst performers across horizons. Should investors buy more or stay invested?

In January 2026, Jio BlackRock Asset Management said its investor base crossed the 10 lakh mark, out of which 18% were first-time investors. The AMC rolled out its first New Fund Offer (NFO) in early July 2025 which saw strong participation from investors beyond major metros, with 40% of its retail investors coming from B-30 cities, significantly higher than the industry average of 28%.

The AMC, in January, also announced its plans to launch a slew of mutual fund offerings and expand its product suite, which will include model portfolios, SIFs, ETFs, and international exposures.

Incorporated in October 2024, the fund house manages 12 schemes of which five are equity, one is hybrid, and six are debt oriented. As of January 31, 2026, the AMC had a total AUM of Rs 16,762 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.