INCOME TAX8 Sept 2026
JioBlackRock AMC eyes ₹25,000 crore AUM by FY'27, launches balanced advantage fund | Mint
JioBlackRock AMC says its assets under management have crossed ₹22,000 crore, up from about ₹16,000 crore in March, and it expects ₹25,000 crore by FY 2026-27. A new Balanced Advantage Fund opens from September 11 to 25. It mixes equity and debt dynamically and aims for 3-4% alpha over the benchmark. Investors should read the scheme details before investing.
Key Statutory Highlights
- JioBlackRock AMC assets under management crossed ₹22,000 crore, up from about ₹16,000 crore in March.
- The Balanced Advantage Fund NFO runs from September 11 to September 25 and uses dynamic allocation between equity and debt.
- The company expects ₹25,000 crore AUM by FY 2026-27 and has more funds in the pipeline, including index funds and a Silver ETF.
Actionable Advice for Taxpayers / Founders:Before the NFO closes on September 25, read the scheme information document and check if this dynamic equity-debt fund fits your risk profile.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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