Blackrock

JioBlackRock AMC eyes ₹25,000 cr AUM target by FY27, launches new fund

JioBlackRock AMC announced the launch of the JioBlackRock Balanced Advantage Fund on Tuesday, stating that its assets under management (AUM) have crossed Rs 22,000 crore, up from nearly Rs 16,000 crore in March. Chief Investment Officer Rishi Kohli said the company was confident of crossing Rs 25,000-crore AUM in the 2026-27 fiscal. Its first year of operations was 2025-26. "We are already Rs 22,000 crore, as traction remains healthy. We have a lot of products in the pipeline, and the second-half of this year will be more exciting in terms of more launches," he told reporters here. JioBlackRock Balanced Advantage Fund is an open-ended dynamic asset allocation scheme, with the New Fund Offer (NFO) opening on September 11 and closing on September 25. The fund seeks to generate long-term capital appreciation by investing in a dynamically managed portfolio of equity and debt instruments. "We are aiming for an alpha of 3-4 per cent over the benchmark, assisted by proprietary BlackRock

Jio-BlackRock rolls out MF plans; Lalithaa Jewellery IPO booked 0.68x

Regular plans come with higher expense ratios as they pay commissions to distributors

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.

Nvidia partners with 6 financial firms to mobilise $500 bn for AI infra

The partnerships are aimed at creating dedicated pools of capital to help Nvidia customers finance large-scale AI computing infrastructure.

BlackRock signs a deal with labour unions for AI construction jobs

The announcement comes as data center projects face mounting opposition from communities concerned about the massive developments and broader societal worries

JioBlackRock plans full MF bouquet in 3 yrs, more SIFs, ETFs, GIFT products

Rishi Kohli, chief investment officer at Jio BlackRock AMC, said the company intends to introduce at least one more SIF in the equity long-short category within the next year

Oil prices, FX risks loom over India's bond inflow push, says BlackRock

Seeking to shore up the rupee ‌and interest in bonds, India last week announced ​tax cuts for overseas bond investors ​and a host of measures aimed at boosting inflows and improving market access

BlackRock likely to invest in Shapoorji Pallonji unit dollar debt

The deal would be a private placement, and the launch timing could not be ascertained immediately. Deutsche Bank is the arranger

Remain structurally bullish on India despite headwinds: Ben Powell, BlackRock

The long-term story as regards India -demographics, reforms, digitalization, and improving efficiency- remains intact, Powell said.

Pentagon rejects claim of Hegseth's alleged investment, seeks retraction

According to reports, a broker representing US Secretary of War Pete Hegseth sought to invest in a major US defence-focused fund in the weeks leading up to the US-Israeli military action against Iran

EPL to merge with Indorama-backed Indovida in $2 billion packaging deal

The merged group will combine EPL's packaging operations with Indovida's plastic portfolio

AI threatens to leave masses behind unless they invest: BlackRock CEO

Encouraging individuals to invest for the long-term alongside that probable growth "is both the challenge and the opportunity," he said

This is not a time to be bearish on markets: Rishi Kohli, Jio BlackRock AMC

Given that the last 18 months have been weak in terms of valuations, earnings and technical trends, the outlook for the next 18 months is becoming attractive, he said.

India's growth story is a multi-decade opportunity: BlackRock's Larry Fink

BlackRock chief Larry Fink said India could emerge as one of the world's defining growth engines over the next two decades, driven by policy stability, infrastructure push and rising confidence

STT hike, bond market boost: 10 positives and 5 negatives of Budget 2026

Capital expenditure has been raised to ₹12.2 lakh crore (~9 per cent YoY), reinforcing the infrastructure- and manufacturing-led growth strategy without resorting to populist fiscal slippage

Jio BlackRock AMC attracts 1 million investors, 18% are first-time entrants

Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with nearly 18 per cent comprising first-time mutual fund investors, its MD and CEO Sid Swaminathan said on Tuesday. The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40 per cent of its retail investors coming from B-30 cities, significantly higher than the industry average of 28 per cent. B-30 cities in India refer to cities beyond the top 30. Speaking to reporters here, Swaminathan attributed this deeper market penetration to its technology-led approach and sustained focus on investor education. Jio BlackRock AMC manages assets worth over Rs 13,700 crore, with equities accounting for around 30 per cent of the total assets under management, while the remaining 70 per cent is invested in fixed income and cash. Looking ahead, the company plans to focus on key strategic initiatives, includi

BlackRock's Rick Rieder bid for US Federal Reserve chair gainining momentum

The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh

BlackRock's assets hit record $14 trillion on fourth-quarter markets rally

As inflation eased and the job market cooled, the Federal Reserve turned more dovish, driving strong inflows into BlackRock's fixed-income products

2026 begins with big layoffs: Meta, Citigroup, BlackRock reduce staff

Meta, Citigroup and BlackRock have announced major layoffs this month, cutting hundreds to thousands of jobs as companies restructure in 2026

BlackRock fund to invest about $225 million in Aditya Birla Renewables

BlackRock's Global Infrastructure Partners will also have a 'greenshoe option' to invest a further ₹1,000 crore in the Indian company, taking the total investment to ₹3,000 crore