Jio BlackRock Mutual Fund is gaining a lot of attention nowadays. Jio BlackRock Mutual Fund received Rs 17,800 crore investment across their three mutual fund schemes. Jio BlackRock Launched 3 Schemes: Jio BlackRock Money Market Fund, Jio BlackRock Overnight Fund, and Jio BlackRock Liquid Fund.
Jio BlackRock Launched this scheme from June 30 to 2nd July. These Mutual Fund Schemes got a huge response from retail investors. Over 67,000 Retail Investors participate within 3 days. Jio BlackRock also received investment from 90 institutional investors.
Jio Financial Services also received SEBI approval for its broking business. The Securities and Exchange Board of India has granted a certificate of registration dated June 25, 2025, to Jio BlackRock Broking Private Limited (“JBBPL”) to act as a Stock Broker. The Company has received an intimation from JBBPL on June 26, 2025.
Jio Financial Services and BlackRock Partner in India With 50:50 Partnership. Jio BlackRock Broking Private Limited is a wholly owned subsidiary of Jio BlackRock Investment Advisers Private Limited. The company also partners with BlackRock and starts an asset management business in India. With this deal, Blockrock is coming with its powerful tool “Aladdin”.
Jio Financial Services infused ₹ 190 Crore into its subsidiary company, Jio Payment Bank. Jio Financial Services starts giving loans against mutual funds. In the Future, There will be Many business announcements are expected from Jio Financial Services because they are going to enter each financial-related business.
