Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?
    • Amplify ETFs Declares July Income Distributions for its Income ETFs
    • a new way to pick a persistent winner
    • 3 Top-Ranked Mid-Cap Blend Mutual Funds for Remarkable Returns
    • UK property investment falls to lowest levels in two years
    • SEC Scraps Cash Rule and Opens the Door for Crypto ETFs
    • Sagicor Select Funds announces unit trust scheme
    • UK property sector struggling from lack of big-ticket deals
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»Jio BlackRock gets Sebi nod for mutual fund business, appoints Sid Swaminathan as CEO
    Mutual Funds

    Jio BlackRock gets Sebi nod for mutual fund business, appoints Sid Swaminathan as CEO

    May 27, 2025


    On his appointment, Swaminathan said JioBlackRock Asset Management aims to digitally deliver institutional quality investment products to investors across. “I am honoured to lead JioBlackRock Asset Management and help transform asset management in India by empowering investors to directly harness the potential of investing.”

    Amid the development, Jio Financial Services shares are trading 1.85% up (2.03 PM) at ₹286.95 on the BSE.

    Jio Financial Services rose its profit 2% year-on-year to ₹316 crore for the quarter ended March 31, 2025. For the full financial year, the company reported a profit of ₹1,613 crore. Total income for the fourth quarter stood at ₹518 crore, up 24% year-on-year. Jio Financial Services’ asset under management stood at ₹10,053 crore as of March 31, 2025, up from ₹173 crore as of March 31, 2024, and ₹4,199 crore as of December 31, 2024.

    The JFSL group’s physical footprint also grew during the year, with Jio Finance Ltd establishing a physical presence in 10 Tier-1 cities, which are exhibiting strong demand for its suite of retail and corporate lending solutions. Jio Payments Bank Limited, which had 2.31 million customers as on March 31, 2025, expanded its network of Business Correspondents (BC) to 14,000+ BCs, an over six-fold increase over FY24.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    a new way to pick a persistent winner

    July 30, 2025

    3 Top-Ranked Mid-Cap Blend Mutual Funds for Remarkable Returns

    July 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    Qu’est-ce qu’un green bond ?

    December 7, 2017

    les cat’ bonds deviennent incontournables

    September 5, 2018

    ETF : définition et intérêt des trackers

    May 15, 2019
    Don't Miss
    Mutual Funds

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    Unlike PMS—which manage portfolios individually—SIFs permit fund houses to take short positions through derivatives, aligning…

    Amplify ETFs Declares July Income Distributions for its Income ETFs

    July 30, 2025

    a new way to pick a persistent winner

    July 30, 2025

    3 Top-Ranked Mid-Cap Blend Mutual Funds for Remarkable Returns

    July 30, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Clarksburg City Council passes first reading of water upgrade ordinance

    July 19, 2024

    A bevy of cocktails and snacks for the perfect get-together

    August 12, 2024

    No indexation for LTCG tax on property bought after July 23, 2024, is unfair; Will deter long term investment: View

    August 20, 2024
    Our Picks

    Can specialised funds unlock India’s shorting potential—or will they just be long-only funds in disguise?

    July 30, 2025

    Amplify ETFs Declares July Income Distributions for its Income ETFs

    July 30, 2025

    a new way to pick a persistent winner

    July 30, 2025
    Most Popular

    ₹10,000 monthly SIP in this debt mutual fund has grown to over ₹70 lakh in 23 years

    June 13, 2025

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.