Jio Blackrock Index Funds : Jio Blackrock Asset Management Private Limited has launched 5 index funds under New Fund Offering (NFO). New fund offering will start from August 5, 2025 and will run till August 12, 2025.
The new fund is JioCroaccrock Nifty 50 Index Fund, JioBacrock Nifty Next 50 Index Fund, JioBacrock Nifty Midcap 150 Index Fund, JioCroaccrock Nifty Smallcap 250 Index Fund and Jiocroacrock Nifty 8-13 Year G-SEC Index Funds.
The Jio is a joint venture of Blackrock Asset Management Company Jio Financial Services Limited (JFSL) and Blackrock Inc.
On the occasion, Sid Swaminathan, CEO of JioCroacrock Asset Management, said, ‘Jioblikerock’s goal is to serve investors at all stages of investment. This NFO is an invitation to the people of India to come and take advantage of our digital-first and data-operated offers. Blackrock has several decades of experience in the index fund. To bring investment in India to everyone, we are also starting a series of many educational initiatives for all new and old investors.
The Jio Blackrock is constantly strengthening its position in the mutual fund market. On June 30, the company launched three date funds. The company raised a record 17,500 crore rupees in the NFOs of these 3 funds. Overall, Jio has removed 8 funds in the mutual fund market so far.
The index funds of the Jioquicrock are available for investing on major digital finance platforms with the JioPinance app. These include Grow, Zirodha, Paytm, Indamani, Dhan, Kuvera and other SEBI registered investment advisors.
