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.

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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

With regulatory clearance in hand, Jio BlackRock is now expected to announce launch dates and offer documents soon.

Building on momentum

This development follows a strong debut by Jio BlackRock, which recently raised over Rs 17,000 crore across three debt funds. What stood out was not just the quantum, but the broad base of participation — over 67,000 retail investors joined alongside 90 institutional investors, reflecting strong market confidence in the brand.

A low-cost disruptor?

Jio BlackRock has positioned itself as a digital-first, low-cost fund house aimed at India’s emerging class of first-time investors.

The combination of Reliance’s reach and BlackRock’s global asset management pedigree has already generated buzz, with many expecting the JV to shake up the industry on both pricing and scale.

What’s next?

Earlier this month, reports indicated that Jio BlackRock had filed to launch eight mutual fund schemes in total this year. With four now approved, more launches — especially in the passive segment — could follow soon.

Also read: Jio BlackRock Liquid Fund: How much return can you expect?