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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The flexi-cap fund, powered by the AI-driven systematic active equity approach, opens for subscription on 23 September, with three to four more active equity funds planned for this fiscal year.
JioBlackRock Mutual Fund will launch its first active equity product, the JioBlackRock FlexiCap Fund, on 23 September, according to a report by PTI. It hasn’t specified how much it aims to raise for the new fund during the initial offer period.
Active equity funds are those in which investment decisions are made by professional fund managers to outperform a benchmark index, unlike passive funds that simply track an index.
The fund house, a joint venture between Jio Financial Services and BlackRock, also has three to four other active equity funds in the pipeline for this fiscal year. “Other products, …
Lenders stand to gain a lot more than borrowers in the current challenging market environment
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
