Latest news with #JioBlackRockNifty
Business Upturn
16-07-2025
- Business
- Business Upturn
Jio Financial Services: Jio BlackRock gets SEBI approval to launch 4 passive funds
By Aditya Bhagchandani Published on July 16, 2025, 11:04 IST Jio Financial Services, through its joint venture Jio BlackRock, has secured approval from the Securities and Exchange Board of India (SEBI) to launch four passive mutual fund schemes, according to official Scheme Information Documents reviewed. The approved schemes are: Jio BlackRock Nifty 8-13 yr G-Sec Index Fund — tracking the Nifty 8-13 year Government Securities Index Jio BlackRock Nifty Smallcap 250 Index Fund — tracking the Nifty Smallcap 250 Index Jio BlackRock Nifty Next 50 Index Fund — tracking the Nifty Next 50 Index Jio BlackRock Nifty Midcap 150 Index Fund — tracking the Nifty Midcap 150 Index These are all open-ended index funds designed to passively replicate the respective benchmarks with minimal tracking error, offering investors exposure to equity and debt segments of the Indian market. The approvals mark a significant milestone for Jio BlackRock, which was formed as a partnership between Reliance's Jio Financial Services and BlackRock, the world's largest asset manager. With these funds, the JV aims to tap into India's rapidly growing mutual fund industry, offering low-cost, transparent, and benchmark-aligned investment options. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
16-07-2025
- Business
- Business Standard
Jio BlackRock gets Sebi approval to launch four passive index schemes
Jio BlackRock Mutual Fund has secured approval from the Securities and Exchange Board of India (Sebi) to launch four new passive investment schemes, regulatory filings on Sebi's website showed on Wednesday. The approved schemes include: JioBlackRock Nifty Midcap 150 Index Fund JioBlackRock Nifty Next 50 Index Fund JioBlackRock Nifty Smallcap 250 Index Fund JioBlackRock Nifty 8–13 yr G-Sec Index Fund All four schemes are structured as index funds and will only offer direct plans with growth options. Each new fund will open for subscription during a New Fund Offer (NFO) period lasting between three and 15 calendar days, as mandated by Sebi. Exact dates, however, are yet to be announced. Sebi's clearance sets the stage for Jio BlackRock to further expand its footprint in India's growing passive fund space.
