India, Dec. 8 -- Jio BlackRock Mutual Fund has launched a new Open Ended Growth scheme named "JioBlackRock Arbitrage Fund - Direct Plan" 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 Dec 09 to Dec 11, 2025.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.25.

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 Anand Shah, while the performance of the scheme will be benchmarked against Nifty 50 Arbitrage TRI Index.

The investment objective of the Scheme ...