Overview

• SEBI granted Jio BlackRock Asset Management Private Limited a certificate of registration on May 26, 2025, enabling the joint venture to commence mutual fund operations.
• The 50:50 partnership combines Jio Financial Services’ digital infrastructure and local market insight with BlackRock’s global investment expertise and risk management technology.
• Sid Swaminathan, who oversaw $1.25 trillion in assets at BlackRock, has been appointed managing director and CEO of the new fund house.
• The offering will feature institutional-grade strategies with competitive fees and a digital-first interface for seamless investor access.
• This launch coincides with India’s mutual fund assets under management reaching a record Rs65.74 lakh crore in FY25 on robust inflows and market returns.