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Jio BlackRock to disrupt India funds with low-cost strategy
Hindustan Times Patna
|July 09, 2025
MUMBAI: Jio BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on small-ticket investments and bypassing distributors to reduce costs, three people familiar with the firm's strategy said.
The joint venture between Jio Financial Services, backed by billionaire Mukesh Ambani, and BlackRock, enters India's ₹72.2 lakh crore ($844 billion) funds market with a business structure that threatens to shake up the sector, as it leverages its large digital network to bypass traditional distributors used by the rest of the industry.
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