The fund house has filed draft scheme documents for the JioBlackRock Balanced Advantage Fund with the Securities and Exchange Board of India (SEBI).
The regulator’s filing is dated August 27, 2026.
The proposed fund will be an open-ended dynamic asset allocation scheme investing in equity and debt instruments. Under normal circumstances, 65-90% of the scheme’s assets can be invested in equity and equity-related instruments, while 10-35% can be allocated to debt and money-market instruments.
The structure allows the fund manager to change the allocation within these ranges rather than maintaining a fixed equity-debt mix. The stated objective is to generate long-term capital appreciation along with income by investing in a dynamically managed portfolio of equity and debt securities.
How JioBlackRock plans to manage the fund
According to the scheme documents, the fund will use an active investment approach with a systematic process for both asset allocation and equity security selection.
The equity portfolio construction process will combine the research inputs of the fund management team with research scores provided by entities within the BlackRock group. The portfolio construction will also use Aladdin, BlackRock’s technology platform, which has been licensed to JioBlackRock Asset Management.
The proposed process will also consider factors such as portfolio risk constraints, transaction costs, market liquidity and sector- and stock-level limits while constructing the portfolio. This means the technology platform is intended to support the portfolio construction process rather than serve as a standalone investment strategy.
Fund structure and risk
The scheme will offer both direct and regular plans, with a growth option under each plan. The proposed minimum lump-sum investment is ₹500, while the minimum SIP investment is also ₹500, with a minimum of six instalments.
The fund will be benchmarked against the Nifty 50 Hybrid Composite Debt 50:50 Index (TRI).
The scheme’s riskometer classifies the fund’s investment risk as “very high”. This is important because, despite being a hybrid fund, the scheme can have an equity allocation of up to 90% under normal circumstances.
The proposed fund is part of JioBlackRock’s expansion of its mutual fund product range. The fund house has also recently moved beyond its initial direct-plan offering by making regular plans available through empanelled distributors.
The NFO is scheduled to open on September 11 and close on September 25, after which the scheme is expected to reopen for continuous purchase and redemption within five business days of allotment, according to the scheme details.
(Disclaimer: Reliance Industries Ltd, which owns Jio, is the sole beneficiary of Independent Media Trust that controls Network18, the parent company of CNBCTV18.com.)
First Published: Aug 31, 2026 7:55 AM IST
