Jio BlackRock Nifty Next 50 Index Fund NFO: Dates, investment amount and where it will invest

The New Fund Offer (NFO) period for the Jio BlackRock Nifty Next 50 Index Fund started on August 5, 2025, and will end on August 12, 2025. It is one of the five passive funds launched by Jio BlackRock AMC. The funds include four equity-oriented funds and one debt-oriented index fund.

In July 2025, Jio BlackRock Mutual Fund, a joint venture between Reliance Industries’ Jio Financial Services (JFS) and BlackRock, filed its first draft document with the Securities and Exchange Board of India (SEBI) to launch the Jio BlackRock Nifty Next 50 Index Fund. This is an open-ended scheme tracking the Nifty Next 50 Index. Let’s look at more details about the scheme.

Investment objective

The scheme will allow passive investment in equity and equity-related securities replicating the composition of the Nifty Next 50 Index, subject to tracking errors. Note that there is no assurance that this investment objective will be achieved.

Asset allocation

The fund’s riskometer is ‘Very High Risk’, and its asset allocation (under normal circumstances) will look like this:

• 95-100% in equity and equity-related securities of index constituents
• 0-5% in debt and money market instruments

The AMC is only offering a direct plan with the Growth Option initially for this scheme, but it may introduce more plans later.

Where will this fund invest?

The fund will invest in the stocks that are part of the Nifty Next 50 Index, tracking the index.

The constituents of the Nifty Next 50 Index are due for periodic review, and the portfolio of the Scheme will be rebalanced within 7 calendar days, or such other timeline as may be prescribed by SEBI from time to time, as per the scheme’s draft with SEBI.

The Nifty Next 50 index includes the next 50 largest companies by free-float market capitalisation after the Nifty 50 companies.

As of August 4, 2025, here are the stocks in the Nifty Next 50 index and their industries:

Exit load

The Jio BlackRock Nifty Next 50 Index Fund will have no exit load, which means that you won’t be charged if you exit the scheme early. Investors can enter and exit the fund as and when they like. Further, no transaction charges will be levied on the investors.

Investment amount

The minimum subscription amount for the scheme is ₹500 and in multiples of ₹1 thereafter, both lump sum and systematic investment plan (SIP).

For this scheme, investors can start weekly, monthly, and quarterly SIPs. Investors can also opt for the SIP top-up facility, SIP pause facility, systematic transfer plan (STP), and systematic withdrawal plan (SWP).

Who are the fund managers?

The fund will have three fund managers: Tanvi Kacheria, Anand Shah and Haresh Mehta. As per the draft document of the fund, Kacheria has a total experience of 14 years, while Shah and Mehta have 23 years and 18 years of experience, respectively.

NFO dates: When can you invest?

The NFO for the Jio BlackRock Nifty Next 50 Index Fund is open for subscription from August 5, 2025, to August 12, 2025. The scheme will reopen for normal buying and selling within five business days of the allotment date.