JioBlackRock is going to Launch First Active Equity Fund on September 23

Mumbai: JioBlackRock Mutual Fund announced on Thursday that it will launch its first active equity scheme, the JioBlackRock FlexiCap Fund, on September 23, 2025. This marks the company’s entry into active equity investing after rolling out index and cash funds earlier this year.

The FlexiCap Fund will run on BlackRock’s globally tested Systematic Active Equity (SAE) platform, which uses a rules-based and machine-driven process. The model tracks nearly 400 investment signals, with 95% of the process technology-driven, reducing dependence on fund managers and minimizing human biases.

According to the fund house, the product will:

Maintain an active risk of only 3–4%, lower than industry averages.

Focus on downside protection while targeting consistent returns.

Use technology to ensure a disciplined and transparent investment process.

Performance Outlook

Rishi Kohli, Chief Investment Officer at JioBlackRock, said that a 10-year simulation of the model showed potential outperformance of 3–4% over benchmark indices. Similar results have been seen in other BlackRock-managed country funds such as those in China and Japan.

“In today’s volatile market conditions, this fund is designed to manage risk better than many traditional active funds while still aiming for long-term alpha (excess returns),” Kohli said.

Future Plans

JioBlackRock plans to introduce 3–4 more active equity funds this fiscal year, followed by new ETF products.

The company will continue to focus on digital distribution channels to reach investors.

No asset under management (AUM) target or break-even timeline was disclosed at this stage.

Background

JioBlackRock is a joint venture between Jio Financial Services and BlackRock, the world’s largest asset manager. The fund house received its license in May 2025 and currently manages around ₹18,000 crore in assets across eight index and cash funds. The upcoming FlexiCap Fund is expected to attract strong investor attention given its tech-driven approach, lower risk profile, and focus on long-term wealth creation.