Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • The Rs 10 NAV myth: Why a ‘cheap’ mutual fund is one of investing’s biggest lies – Money Insights News
    • Buzzer beat tariff deal: “will give the US $350 billion for investments owned and controlled by the US, and selected by myself”
    • Push for Liquid Staking in Solana ETFs Gains Institutional Support
    • 7 Ways To Help Clients Use ETFs To Diversify Their Portfolios
    • Amazon profits surge 35% as AI investments drive growth
    • Act fast, avoid pitfalls: Winning property tactics
    • I Tried the Summer’s Most Refreshing Sip That ‘Tastes Like a Vacation’ and It’s Totally Worth the Hype
    • Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Mutual Funds»JioBlackRock raises over ₹17,800 crore in maiden mutual fund offer
    Mutual Funds

    JioBlackRock raises over ₹17,800 crore in maiden mutual fund offer

    July 7, 2025


    JioBlackRock Asset Management Private Limited, a joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday, July 7, announced the successful closure of its maiden New Fund Offer (NFO), raising more than ₹17,800 crore (approximately $2.1 billion) across three mutual fund schemes.

    The three-day NFO, launched on June 30 and closed on July 2, included three open-ended debt schemes—JioBlackRock Liquid Fund, JioBlackRock Money Market Fund, and JioBlackRock Overnight Fund. The offering drew participation from over 90 institutional investors and more than 67,000 retail investors, placing JioBlackRock among India’s top 15 asset management companies by Debt Assets Under Management, out of 47 fund houses.

    To further enable retail participation, JioBlackRock has launched an account creation initiative through the JioFinance app. The initiative aims to simplify onboarding, allowing users to create investment-ready accounts within minutes and invest in JioBlackRock funds and upcoming NFOs.

    Sid Swaminathan, Managing Director and CEO, JioBlackRock Asset Management said: “The overwhelming response to our first NFO from institutional and retail investors is a powerful endorsement of JioBlackRock Asset Management’s innovative investment philosophy, risk management capabilities and digital-first approach. This is a strong start to our journey towards becoming a transformative force in India’s evolving investment landscape, catering to all types of investors.”

    JioBlackRock Asset Management is a 50:50 joint venture between Jio Financial Services and global investment firm BlackRock. It combines BlackRock’s global expertise with JFSL’s local reach and digital infrastructure to provide accessible, data-driven investment solutions.

    (Edited by : Vipal Durge)

    First Published: Jul 7, 2025 12:31 PM IST



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    The Rs 10 NAV myth: Why a ‘cheap’ mutual fund is one of investing’s biggest lies – Money Insights News

    August 1, 2025

    Top Hybrid Mutual Funds with Highest SIP Returns: Rs 20,000 monthly investment in No. 1 fund has grown to Rs 20.68 in just 5 years

    July 31, 2025

    NFO ongoing: Balancing growth and stability with Bajaj Finserv Equity Savings Fund

    July 31, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Rs 10 NAV myth: Why a ‘cheap’ mutual fund is one of investing’s biggest lies – Money Insights News

    August 1, 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

    The Rs 10 NAV myth: Why a ‘cheap’ mutual fund is one of investing’s biggest lies – Money Insights News

    August 1, 2025

    Recently, there was a new fund offer (NFO) from Capitalmind. As expected, it came with…

    Buzzer beat tariff deal: “will give the US $350 billion for investments owned and controlled by the US, and selected by myself”

    July 31, 2025

    Push for Liquid Staking in Solana ETFs Gains Institutional Support

    July 31, 2025

    7 Ways To Help Clients Use ETFs To Diversify Their Portfolios

    July 31, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    5 Worst East Coast Cities To Buy Property in the Next 5 Years, According To Real Estate Agents

    July 19, 2024

    Bond set at $10K for former Columbia school safety officer

    August 28, 2024

    ETFs jump to two-thirds of all Taiwan fund assets

    February 16, 2025
    Our Picks

    The Rs 10 NAV myth: Why a ‘cheap’ mutual fund is one of investing’s biggest lies – Money Insights News

    August 1, 2025

    Buzzer beat tariff deal: “will give the US $350 billion for investments owned and controlled by the US, and selected by myself”

    July 31, 2025

    Push for Liquid Staking in Solana ETFs Gains Institutional Support

    July 31, 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.