Jio BlackRock Mutual Fund secures SEBI approval for four new passive schemes, intensifying competition in the index fund space.

Contents

Market Reaction and Technical Outlook Broader Sector and Index Impact Trading Sentiment and Watchlist Ahead

Jio BlackRock Mutual Fund on July 15 received regulatory approval from SEBI to launch four passive mutual fund schemes, including three equity index funds and one debt index fund. The funds are:

JioBlackRock Nifty Midcap 150 Index Fund
JioBlackRock Nifty Next 50 Index Fund
JioBlackRock Nifty Smallcap 250 Index Fund
JioBlackRock Nifty 8–13 Year G-Sec Index Fund

This development is significant for investors and fund distributors, as it marks a strategic entry into India’s high-growth passive investing segment. The move aligns with a broader trend of increased retail preference toward low-cost, index-based investments, driven by volatile markets and underperformance of active funds.

Also Read: SEBI Member Flags Short-Term F&O Surge, Hints at Longer Tenure Contracts

Market Reaction and Technical Outlook

Although Jio Financial Services (JFSL) stock closed flat on July 15 at ₹384.50, investors are closely tracking developments from its asset management joint venture. Since its official asset management debut in May 2025, JFSL shares have risen over 12%, reflecting growing optimism about its AMC diversification strategy.

In its first offering earlier this month, Jio BlackRock raised ₹17,800 crore across three liquid and overnight debt schemes. According to AMFI data, this placed the AMC in the top 15 fund houses by debt AUM, indicating strong institutional and retail demand.

From a technical perspective, JFSL is trading above its 50-DMA, and a breakout above ₹395 could trigger fresh buying. Momentum indicators like RSI (60.4) suggest a neutral-to-positive bias ahead of further fund announcements.

Check This: Jio Financial Services Stock Price

Broader Sector and Index Impact

The mutual fund sector is witnessing an inflow of fresh players and products. Jio BlackRock’s aggressive entry follows a surge in passive fund AUM, which crossed ₹10 lakh crore in Q1 FY26.

Rivals like HDFC AMC, Nippon Life India AMC, and ICICI Prudential AMC saw mild reactions, as Jio BlackRock’s scale, branding, and cost efficiency pose a longer-term threat. The Nifty Financial Services Index ended 0.4% higher, with BSE AMC Index trading rangebound.

Meanwhile, FII inflows into Indian financial services stocks remained flat, while DIIs continued net buying worth ₹812 crore on July 15, focused on diversified large caps.

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Trading Sentiment and Watchlist Ahead

Short-term outlook for JFSL remains bullish if price sustains above ₹385. Any breakout beyond ₹400 could open a rally toward ₹425, as new fund launches keep momentum alive. Traders should watch for NFO announcements, AMC partnership updates, and August SEBI circulars on passive funds.