Jio-BlackRock to launch regular MF plans through distributors in India
Earlier this month Jio Financial Services and BlackRock launched the JioBlackRock Nifty 50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.
 "Mutual Funds, stock market trading, equity fund")
Mutual Fund | Representative image
Listen to This Article
JioBlackRock Asset Management, a venture between India's Jio Financial Services and BlackRock said on Monday it will offer regular plans for eligible mutual fund schemes, allowing investors to buy them through registered distributors.
The fund house has so far offered only direct plans. Regular plans are sold through mutual fund distributors, whose commissions add to investors' costs.
JioBlackRock and some other digital-focused asset managers had limited sales to direct platforms to keep investor costs lower in India's crowded mutual fund market.
Sid Swaminathan, managing director and chief executive officer of Jio BlackRock Asset Management, had told Reuters in June that the company was adopting distributor-led model, particularly as complex and higher-ticket offerings like special investment funds (SIFs) require advisors.
The joint venture between Mukesh Ambani's Jio Financial Services and the world's largest asset manager has amassed about 180 billion rupees in assets under management in roughly a year since its launch by building a base in cash, debt-index and active equity funds.
Also Read
 "bharti airtel")
 "Nvidia Corp, Nvidia")
 "Blackrock")
 "JioTag 2 is here with support for both Apple Find My and Google Find Hub, priced at Rs 1,249.")
 "SC, Supreme Court")
Earlier this month Jio Financial Services and BlackRock launched the JioBlackRock Nifty 50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.
(Reporting ??by Urvi Dugar and Vivek Kumar M in Bengaluru; Editing by Nivedita Bhattacharjee)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
More From This Section
 "AI assistants are evolving from answering questions to remembering users' preferences and digital context, bringing privacy, data security and user control into sharper focus.")
 "MSME credit scheme, aviation sector India, Emergency Credit Line Guarantee Scheme, ATF prices, West Asia crisis, airlines India")
 "Muthoot Microfin")
 "YES BANK")
 "Larsen & Toubro")
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 17 2026 | 5:16 PM IST