Jio BlackRock Launches AI-Powered Sector Rotation Fund

• Jio BlackRock has introduced a new Sector Rotation Fund, with its NFO open from January 27 to February 9.
• The fund leverages AI and Big Data to identify and invest in sectors with strong growth potential.
• It follows a sector rotation strategy, increasing investment in promising sectors and reducing exposure to weaker ones.
• Rishi Kohli, CIO Equity at Jio BlackRock, highlighted the fund's focus on BlackRock's Systematic Active Equities (SAE) approach.
• Categorized as a Flexi-cap fund with the Nifty 500 Index as its benchmark, it carries a very high-risk rating.

Why It Matters: Jio BlackRock's new fund uses AI and Big Data for dynamic sector investment, aiming for market opportunities.