Mumbai, August 5, 2025: Jio Blackrock Asset Management Private Limited (Jio BlackRock AMC) has launched five new index funds under New Fund Offering (NFO). These include:
Jiobaccrock Nifty 50 Index Fund
Jiobaccrock Nifty Next 50 Index Fund
Jioquacock Nifty Midcap 150 Index Fund
Jioquacock Nifty Smallcap 250 Index Fund
Jioquacock Nifty 8-13 Year G-CAC Index Fund
New fund offering for these funds will start from 5 August 2025 and open till 12 August 2025.
Joint enterprise of geo financial and Blackrock
The Jio Blackrock Asset Management Company has been established as a joint venture of Jio Financial Services Limited (JFSL) and Blackrock Inc. Blackrock has several decades of experience with the management of index funds and in collaboration with Geo Financial, the company is providing digital and data-operated investment solutions to Indian investors.
Big opportunity for investors
On the occasion of launch, Jio Blacrock Asset Management CEO Sid Swaminathan said:
“Serving investors in all stages of investment is the goal of Jio Blacrock. This NFO is an invitation to the people of India to take advantage of our digital-first and data-operated offer. Blacrock’s experience is the experience of Blackrock in Index Funds. We are also starting a series of educational initiatives to make investment in India.”
Increased impact in mutual fund market
Jio Blackrock is rapidly strengthening its position in the mutual fund market. On June 30, the company launched three date funds, whose NFOs raised a record ₹ 17,500 crore. After the new launch, Jio has so far launched a total of eight funds in the market.
Easy investment on digital platforms
Jio Blacrock’s new index funds will be available on several major digital finance platforms, including the JioPhinance app for investment. These include Groww, Zerodha, Paytm, Indmoney, Dhan, Kuvera and other SEBI-registered investment advisory platforms.