The JioBlackRock Flexi Cap Fund NFO is an open-ended dynamic equity scheme investing across large cap, mid cap, and small cap stocks. The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity-related instruments across market capitalizations.

It raised ₹17,800 crore, a number that places it among the largest NFOs in Indian mutual fund history. And it did this not through aggressive marketing or complex product design, but by leveraging two critical advantages: Jio’s digital distribution network and BlackRock’s global investing credibility.