JioBlackRock Flexi Cap Fund reopens after ₹1,500 crore NFO success

JioBlackRock Asset Management’s first active equity scheme—the Flexi Cap Fund—closed its New Fund Offer (NFO) with strong retail participation, collecting around ₹1,500 crore from over 6.3 lakh investors. The fund reopened for continuous subscription on October 17 2025 and offers diversified exposure across large-, mid- and small-cap companies. Analysts say the strong debut underlines growing confidence in India’s equity mutual fund ecosystem. The joint venture aims to expand its product lineup in 2026 following this successful entry into the active category.