JioBlackRock Mutual Fund has filed offer document with SEBI to launch an open-ended target maturity scheme named ‘JioBlackRock CRISIL-IBX AAA Financial Services Index’. The New Fund Offer price will be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme offers only growth option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.The performance will be benchmarked against CRISIL-IBX AAA Financial Services Index -Sep 2027(TRI). The minimum application amount will be Rs 500 and any amount thereafter.The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index -Sep 2027(TRI).