Jio BlackRock Mutual Fund has received the go-ahead from SEBI to launch four new passive funds, marking another step forward in its aggressive entry into India\u2019s mutual fund market.<\/p>\n
The new fund offerings include three equity-oriented index funds and one debt-oriented index fund. According to the company, the approved schemes are:<\/p>\n
JioBlackRock Nifty Midcap 150 Index Fund<\/p>\n<\/li>\n
JioBlackRock Nifty Next 50 Index Fund<\/p>\n<\/li>\n
JioBlackRock Nifty Smallcap 250 Index Fund<\/p>\n<\/li>\n
JioBlackRock Nifty 8-13 yr G-Sec Index Fund<\/p>\n<\/li>\n<\/ul>\n
\nThree of these funds focus on equities, offering exposure to specific segments of the Indian stock market, while the fourth provides access to government securities through a debt index fund.<\/p>\n<\/blockquote>\n
Read Also: Coffee Day Shares Hit 10% Upper Circuit Again, 20 Microns Surges 8% as Dolly Khanna Invests<\/a><\/p>\n
Continuing the Momentum<\/h2>\n
This SEBI approval comes shortly after Jio BlackRock made headlines by raising \u20b917,800 crore across three debt-oriented schemes \u2013 the JioBlackRock Overnight Fund, Liquid Fund, and Money Market Fund \u2013 launched in its debut phase.<\/p>\n
\nThese initial schemes marked the company\u2019s entry into the mutual fund space following its license approval in May.<\/p>\n<\/blockquote>\n
Backed by Giants<\/h2>\n
Jio BlackRock Mutual Fund is a joint venture between Jio Financial Services, a part of Reliance Industries, and global investment giant BlackRock. This powerful partnership is seen as a strong challenger in India\u2019s mutual fund industry, with a focus on leveraging technology and global expertise.<\/p>\n
\nThe recent SEBI nod further strengthens Jio BlackRock\u2019s product basket, particularly in the passive investment space, which is gaining traction among retail and institutional investors in India.<\/p>\n<\/blockquote>\n
Check This:<\/h3>\n
\n
- Reliance Industries Stock Price<\/a><\/li>\n
- Nifty 50<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
Jio BlackRock Mutual Fund has received the go-ahead from SEBI to launch four new passive funds, marking another step forward in its aggressive entry into India\u2019s mutual fund market. The new fund offerings include three equity-oriented index funds and one debt-oriented index fund. According to the company, the approved schemes are: JioBlackRock Nifty Midcap 150 […]<\/p>\n","protected":false},"author":9,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1382],"class_list":{"0":"post-11814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1382,"user_id":9,"is_guest":0,"slug":"mahima-bhatt","display_name":"Mahima Bhatt","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/1c422e3ec94ca35781646cb003090c8b7b494ab81c47bdbb62016720922d2d6b?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=11814"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11814\/revisions"}],"predecessor-version":[{"id":11816,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/11814\/revisions\/11816"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/11812"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=11814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=11814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=11814"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=11814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}