Jio BlackRock to launch 3 new equity index funds soon

Jio BlackRock Mutual Fund — the joint venture between Reliance’s Jio Financial Services and global asset management giant BlackRock — has received regulatory approval from SEBI to launch four passive schemes in total. The approved funds 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 W