Jio BlackRock To Launch 8 New Mix Debt And Equity Funds, Seeks SEBI’s Nod: Report

Last Updated:July 09, 2025, 09:43 IST

Jio BlackRock Mutual Fund plans to launch 8 new funds, seeking approval. Their first three debt-oriented NFOs raised Rs 17,800 crore, aiming to widen the retail investor base.

Jio BlackRock Mutual Fund: Jio BlackRock Mutual Fund is looking to launch 8 new funds after a successful debut. According to a Reuters report, the mutual fund JV is seeking the market regulator’s permission for these 8 new NFOs. Most of these NFOs will allow investment as low as Rs 500, aimed at widening the retail investor base.

The Reuters report underlines that Jio BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on small-ticket investments.

The first three NFOs of Jio BlackRock Asset Management were debt-oriented. The AMC successfully raised Rs 17,800 crore through these three MF schemes. Since acquiring the licence in May, the AMC launched three open-ended debt schemes – Jio BlackRock Liquid Fund, Jio BlackRock Money Market Fund, and Jio BlackRock Overnight Fund.

Read More: Jio BlackRock Raises Rs 17,800 Crore In First Three Mutual Fund Schemes

The venture is a collaboration between Jio Financial Services, a subsidiary of Mukesh Ambani’s Reliance Industries Ltd, and the US-based investment firm BlackRock.

These three abovementioned funds opened for subscription from June 30 and be remained available until July 2. They had the minimum investment requirement of Rs 500. A Debt MF is a kind of mutual fund that invests money in fixed-instruments like government bonds, corporate bonds, T-bills, commercial papers, and certificates of deposits.

The initial offer, lasting three days and concluding on July 2, 2025, garnered attention from over 90 institutional investors and more than 67,000 retail investors, according to Jio BlackRock’s statement.

This significant inflow places JioBlackRock Asset Management among the top 15 asset management companies by Debt Assets Under Management in India, out of a total of 47 fund houses.

Sid Swaminathan, Managing Director and CEO of JioBlackRock Asset Management, expressed his appreciation: “The overwhelming response to our first NFO from institutional and retail investors is a strong endorsement of Jio BlackRock Asset Management’s innovative investment philosophy, risk management capabilities, and digital-first approach. This is a significant start to our mission of transforming India’s investment landscape and catering to a wide range of investors.

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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