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JioBlackRock Mutual Fund has filed two draft scheme documents with SEBI to start its mutual fund journey with two actively managed debt schemes.
The fund house has filed for JioBlackRock Liquid Fund and JioBlackRock Money Market Fund. Vikrant Mehta, Arun Ramachandran and Siddharth Deb will manage these funds.
Vikrant Mehta has previously worked with ITI MF as Head-Fixed Income and Portfolio Manager; Arun Ramachandran has an experience of more than a decade with SBI MF as Fund Manager-Fixed Income while Siddharth Deb has worked with Goldman Sachs AMC and Nippon Life India MF as Fund Manager.
While the JioBlackRock Liquid Fund is an open-ended scheme with relatively low-interest rate and credit risks, the JioBlackRock Money Market Fund will invest in debt securities having relatively low-interest rate and moderate credit risks.
