JioBlackRock Mutual Fund Files Draft Papers with SEBI for Income Plus Arbitrage Omni FoF — September 19, 2026

JioBlackRock Mutual Fund has filed draft offer documents with the Securities and Exchange Board of India (SEBI) for a new scheme, the JioBlackRock Income Plus Arbitrage Omni FOF. Categorised under Hybrid FOF (Domestic) – Income Plus Arbitrage FOF (Omni), the product marks the asset management company’s foray into the fund-of-funds segment.

The proposed open-ended fund of funds is designed to generate regular income by investing primarily in units of actively and passively managed debt-oriented mutual funds as well as arbitrage funds.

Asset Allocation and Strategy

According to the draft Scheme Information Document (SID), the fund manager will distribute the corpus across fixed-income and equity arbitrage segments under normal market conditions:

• Mutual Fund Units: 95% to 100% of total assets, split between 35% to 65% in actively or passively managed debt-oriented funds and 35% to 65% in arbitrage funds.
• Debt and Money Market Instruments: 0% to 5% of net assets held directly in cash, short-term money market securities, or repo instruments for liquidity management.

The scheme is permitted to invest in debt and arbitrage schemes managed by JioBlackRock Mutual Fund as well as those offered by other domestic fund houses that have similar investment mandates and asset allocation profiles. The investment approach is actively managed, taking into account prevailing interest rate trajectories, economic cycles, liquidity buffers, and cash-futures spread opportunities in the derivatives segment.

Benchmark and Fund Features

The scheme will benchmark its performance against a composite index comprising:

• 60% NIFTY Composite Debt Index
• 40% Nifty 50 Arbitrage Index (TRI)

This blend aligns directly with the target asset mix, balancing steady fixed-income yield potential with the market-neutral return profile of arbitrage positions.

Key Scheme Parameters:

• Plans and Options: The scheme will be offered through both Direct and Regular plans, exclusively under the Growth option.
• Investment Ticket Size: The minimum lump-sum application amount during the New Fund Offer (NFO) and on an ongoing basis is set at ₹500, with minimum SIP instalments and additional purchases also pegged at ₹500.
• Exit Load: Nil, providing unrestricted liquidity to unit holders without redemption penalties.
• Systematic Facilities: The fund will support Systematic Investment Plan (SIP) top-up, SIP pause, Systematic Transfer Plan (STP), and Systematic Withdrawal Plan (SWP).

Digital Offerings and Investor Relevance

The draft filing outlines provisions for a digital-first Model Portfolios Facility. Through this feature, eligible investors can access pre-constructed model portfolios comprising multiple JioBlackRock schemes, in line with the joint venture’s technology-driven approach to Indian wealth management.

For Indian mutual fund investors, an Income Plus Arbitrage Omni FoF provides an alternative asset-allocation vehicle tailored for short- to medium-term holding periods. By dynamically blending debt instruments with arbitrage strategies, the fund seeks to offer a lower-volatility profile suited for investors looking to balance yield with liquidity.

Tags: JioBlackRock Mutual Fund SEBI Jio Financial Services BlackRock Mutual Funds Debt Funds