JioBlackRock Flexi Cap Fund which is open for subscription will close on October 7. The fund is an open-ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. The fund will reopen for continuous sale and repurchase within five business days of allotment date. The scheme will offer only direct plan with only growth option. The exit load is nil. The minimum application amount for lumpsum, switch-in to the scheme investment is Rs 500 and any amount thereafter. For the SIP, the minimum application amount is Rs 500 and in multiples of Re 1 thereafter with minimum six installments. This flexi cap fund from JioBlackRock Mutual Fund will allocate 65-100% in equity and equity-related instruments of large cap, mid cap and small cap companies, 0-35% in debt and money market instruments, and 0-10% in units of REITS and InvITs. The fund will be benchmarked against Nifty 500 Index (TRI) and will be managed by Tanvi Kacheria and Sahil Chaudhary. Maximum Total expenses ratio (TER) permissible under Regulation 52 (6) (c) is upto 2.25%, according to the scheme information document (SID).