JioBlackRock Unveils First Suite of Index Funds

JioBlackRock Asset Management Pvt Ltd, a collaboration between Jio Financial Services Ltd and US-based BlackRock, has announced the launch of its first set of five index funds. This New Fund Offering (NFO) marks a significant step in providing diversification, cost efficiency, and transparent digital investment solutions to Indian investors.

The NFO is set to commence on August 5, 2025, and will run through August 12, 2025. Key offerings include the Nifty 50 Index Fund, Nifty Next 50 Index Fund, and Nifty 8-13 year G-Sec Index Fund. These funds are designed to cater to both new investors interested in building their portfolios and seasoned investors aiming to expand theirs.

The initiative has already attracted Rs 17,800 crore through its initial NFO, comprising contributions from three mutual fund schemes: JioBlackRock Overnight Fund, JioBlackRock Liquid Fund, and JioBlackRock Money Market Fund. The launch underscores the fund house's commitment to providing accessible and straightforward investment solutions.

(With inputs from agencies.)