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JioBlackRock Nifty Midcap 150 Index Fund Regular-Growth (₹ 10.07) - NAV, Reviews & asset allocation
The Economic Times 3 hrs ago·2 Sept 2026, 11:01 am
JioBlackRock has launched a new fund that tracks the Nifty Midcap 150 Index. This index represents the performance of the top 150 mid-sized companies listed on the National Stock Exchange. By investing in this fund, investors gain exposure to a basket of established mid-cap stocks, rather than trying to pick individual companies.
Mid-cap companies often offer growth potential that is higher than large, stable blue-chip firms, but with slightly more risk. This fund provides a convenient way for retail investors to diversify their portfolio across various sectors. It is managed by BlackRock, a global asset management giant, which aims to minimize tracking errors and manage the fund's risk effectively.
Investors should watch the fund's expense ratio and its performance relative to the actual index. Since it is a passive index fund, it aims to mirror the index's returns. Investors should consider their risk appetite and investment horizon before allocating funds to this new product.
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- Category: Stocks.
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