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JioBlackRock Gets Nod for MF Biz
Financial Express Pune
|May 28, 2025
JIO BLACKROCK ASSET Management, a 50:50 joint venture between Jio Financial Services (JFSL) and US-based BlackRock, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as an investment manager for its mutual fund business.
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The regulator, vide letter dated May 26, 2025, has granted a certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management to act as the AMC for Jio BlackRock Mutual Fund, Jio Financial Services said in a regulatory filing.
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