Jio BlackRock Nifty Smallcap 250 Index Fund NFO: Details of first small-cap scheme of Jio BlackRock AMC here

In July, Jio BlackRock Mutual Fund filed its first draft document with the capital markets regulator, SEBI, to launch a passive small-cap fund - Jio BlackRock Nifty Smallcap 250 Index Fund, which is an open-ended scheme tracking the Nifty Smallcap 250 Index.

However, the Asset Management Company (AMC) may introduce other plans later.

Here's a look at key details of the upcoming small-cap index fund based on details in the draft document:

Investment objective and asset allocation

Jio BlackRock Nifty Smallcap 250 Index Fund will allow passive investment in equity and equity-related securities replicating the composition of the Nifty Smallcap 250 Index, subject to tracking errors. But there is no assurance that the investment objective of the scheme will be achieved.

Under normal circumstances, the scheme will allocate up to 95% to 100% in equity and equity-related stocks of small-cap companies comprising the Nifty Smallcap 250 Index. It may also invest up to 5% in debt and money market instruments.

Where will this fund invest?

The fund will track the Nifty Smallcap 250 Index TRI. To say it in other words, it will invest in the stocks that are part of the Nifty Smallcap 250 Index.

The Nifty Smallcap 250 represents the balance 250 companies (companies ranked 251-500) from Nifty 500. This index aims to measure the performance of small market capitalisation companies. To become eligible for inclusion in this index, companies must form part of Nifty 500, but should not be forming part of Nifty 100 and Nifty Midcap 150.

The small-cap index is rebalanced on a semi-annual basis. As of June 10, 2025, the following were some of the stocks in this index with over 0.5% weightage:

Exit load, investment amount and SIP options

Jio BlackRock Nifty Smallcap 250 Index Fund will have no exit load, meaning you can invest and exit from the fund at any time without paying any charges. Further, no transaction charges will be levied on the investor

The scheme with allow investors to start their investment journey with as little as ₹500 either as a lump sum or through a systematic investment plan (SIP).

Investors will be allowed to start weekly, monthly, and quarter SIPs in the fund. It will also allow SIP top-up facility, SIP pause facility, systematic transfer plan (STP), and systematic withdrawal plan (SWP). The STP facility will be allowed on a daily, weekly, monthly and quarterly basis.

Who are the fund managers?

The fund will have three fund managers: Tanvi Kacheria, Anand Shah, and Haresh Mehta. While Kacheria has a total experience of 14 years, Shah and Mehta have 23 years and 18 years of experience, respectively, according to the draft document of the fund filed with SEBI.

NFO dates: When can you invest?

The new fund offer for Jio BlackRock Nifty Smallcap 250 Index Fund opened on August 5, 2025. It will remain available for subscription until August 12, 2025.