JioBlackRock Mutual Fund will launch the JioBlackRock Balanced Advantage Fund in September. The new fund offer (NFO) for the balanced advantage fund will open for subscription on September 11 and close on September 25.
The fund will reopen for continuous sale and repurchase within five business days of the allotment date. The fund house had filed the draft offer document with Sebi for the hybrid fund on August 13.