JioBlackRock AMC launches 5 index funds, targets broader investor access

Jio BlackRock Asset Management, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, has announced the launch of its first suite of five index funds through a New Fund Offering (NFO).

The NFOs are open for subscription and will close on August 12.

This marks a pivotal moment in the organisation’s mission to deliver diversification, cost efficiency, reliability, transparency, and digitally empowered investment solutions to Indian investors, according to a press release by the fund house.


“JioBlackRock aims to cater to the full range of investors at all stages of their investment journey. The NFO is an invitation to the people of India to experience our digital-first and data-driven customer proposition, and to access the many benefits of index investing, leveraging BlackRock’s decades of experience as a leading provider of index funds. To truly democratise access to investing in India, we are also launching a series of educational initiatives, with engaging content aimed at all types of investors—from those just starting out to experienced ones,” said Sid Swaminathan, MD & CEO, JioBlackRock Asset Management.

Also Read | JioBlackRock Mutual Fund launches 5 index funds. Should you consider investing in these passive funds?

According to the fund house, the JioBlackRock Nifty 50 Index Fund offers exposure to India’s 50 largest and most traded companies by free-float market capitalisation. The JioBlackRock Nifty Next 50 Index Fund targets the next wave of large-cap leaders.

The JioBlackRock Nifty Midcap 150 Index Fund captures growth from India’s mid-sized enterprises, while the JioBlackRock Nifty Smallcap 250 Index Fund taps into emerging small-cap innovators. Lastly, the JioBlackRock Nifty 8-13 Yr G-Sec Index Fund aims to add portfolio stability through long-term government bonds.

Also Read | JioBlackRock Nifty Smallcap 250 Index Fund opens for subscription. 10 key things to know

These funds offer simple, affordable investment solutions for both first-time investors looking to build a well-balanced portfolio and experienced investors aiming to scale their existing one.

JioBlackRock’s index funds are now live and investment-ready on the JioFinance app during the ongoing NFO. They will also be available across major digital investment platforms in India, including Groww, Zerodha, Paytm, INDmoney, Dhan, and Kuvera, along with other Sebi-registered investment advisors (RIAs). This expansive presence empowers investors with greater choice and accessibility.