Jio BlackRock AMC gets Sebi nod for 5 passive funds

JioBlackRock Asset Management, a 50:50 joint venture between Jio Financial and BlackRock, has secured SEBI approval to launch five new funds, including four passive index funds (Nifty 50, Nifty Next 50, Nifty Midcap 150, Nifty Smallcap 250) and a debt-oriented G-Sec index fund.


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