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    <title>JioBlackRock to launch first active equity fund on Sep 23, another 3-4 in pipeline</title>
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    <description>JioBlackRock is launching the FlexiCap Fund on a Systematic Active Equity platform that uses a rules-based, largely machine-driven process to reduce key-person risk and cognitive biases. The fund targets downside risk protection and consistent returns within a controlled active risk band set below industry averages, projecting modest benchmark outperformance from historical simulation. The launch occurs under a newly licensed joint venture structure with continued emphasis on digital distribution, with more active equity strategies and ETFs planned but no collection or break-even targets disclosed.</description>
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