India, July 28 -- Jio BlackRock Mutual Fund has launched a new Open Ended Growth scheme named "JioBlackRock Nifty 50 ETF" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Aug 04 to Aug 11, 2026.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Tanvi Kacheria, while the performance of the scheme will be benchmarked against Nifty 50.

Passive investment in equity and equity related securities replicating the composit...