JioBlackRock Mutual Fund to launch balanced advantage fund in September. Check dates and key details
JioBlackRock Mutual Fund will launch the JioBlackRock Balanced Advantage Fund in September, with the NFO open for subscription from September 11 to September 25. The fund will invest dynamically in equity and debt instruments. Here are the key details, including the NFO dates, asset allocation, benchmark, fund managers and risk level.
Six equity mutual funds have delivered more than 25% returns over the past three years. ITI Small Cap Fund led the pack with a 27.04% gain, boasting a Rs 3,454 crore AUM and a four-star rating. Bandhan Small Cap Fund was the second highest performer, with a 26.47% return, a Rs 31,103 crore AUM, and a five-star rating. HSBC Midcap Fund followed with a 26.32% return, a Rs 15,578 crore AUM, and a four-star rating.
Invesco India Mid Cap Fund returned 25.69%, with a Rs 14,721 crore AUM and a four-star rating. LIC MF Infrastructure Fund delivered a 25.42% return, with a Rs 1,144 crore AUM and a four-star rating. Lastly, UTI Healthcare Fund finished the list with a 25.04% return, a Rs 1,370 crore AUM, and a five-star rating.
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