JioBlackRock Mutual Fund revises 6 schemes, adds gold, silver ETFs to flexi cap fund allocation

JioBlackRock Mutual Fund has announced changes to the features of six schemes, including its Flexi Cap Fund and Large Cap Fund, with the revised provisions coming into effect from August 26. The changes are being made to align the schemes with the Securities and Exchange Board of India’s (SEBI) Master Circular for Mutual Funds dated March 20, 2026.

Gold and silver ETF exposure

Under the revised asset allocation, the JioBlackRock Flexi Cap Fund will continue to invest 65-100% of its assets in equity and equity-related instruments of large-cap, mid-cap and small-cap companies. It can allocate up to 35% to money market instruments, other liquid instruments and units of mutual funds.

A key change is the addition of gold and silver ETFs to the scheme’s investment universe. The fund can now invest up to 20% in units of gold and silver exchange-traded funds (ETFs). It can also allocate up to 10% in units issued by infrastructure investment trusts (InvITs).

Earlier, the Flexi Cap Fund could invest 0-35% in debt and money market instruments and up to 10% in units issued by real estate investment trusts (REITs) and InvITs.

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Large Cap Fund revises allocation

The JioBlackRock Large Cap Fund will now allocate 80-100% of its assets to equity and equity-related instruments of large-cap companies. It can invest 0-20% in equity and equity-related instruments of companies other than large caps.

The scheme will also be able to allocate up to 20% to money market instruments, other liquid instruments and units of mutual funds, up to 20% to gold and silver ETFs, and up to 10% to InvITs.

Sector Rotation and Arbitrage funds

The JioBlackRock Sector Rotation Fund will gain additional investment options. Besides equity and equity-related instruments and debt and money market instruments, the scheme can invest in money market instruments, other liquid instruments and units of mutual funds, gold and silver ETFs and InvITs.

The JioBlackRock Arbitrage Fund, meanwhile, can now invest in Gold ETFs, Silver ETFs and exchange-traded commodity derivatives (ETCD), in addition to equity and equity-related instruments, including equity derivatives, and debt and money market instruments.

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Liquid and overnight fund provisions updated

For the JioBlackRock Liquid Fund, references to 91 days in the scheme information document (SID) and key information memorandum (KIM) will be replaced with “91 calendar days”. The scheme will invest in debt and money market instruments with residual maturity of up to 91 calendar days.

For the JioBlackRock Overnight Fund, the 30-day reference will be replaced with “30 calendar days”. The fund can deploy up to 5% of net assets in government securities and/or Treasury Bills with residual maturity of up to 30 calendar days for margin and collateral purposes.

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Two debt funds renamed

The JioBlackRock Short Duration Fund will now be called the JioBlackRock Short Term Fund, with a Macaulay duration of one to three years.

The JioBlackRock Low Duration Fund will be renamed the JioBlackRock Ultra Short to Short Term Fund, with a Macaulay duration of six to 12 months.

All the announced changes will take effect from August 26.