Jio BlackRock, the joint venture between Jio Financial Services and BlackRock, is preparing to launch a dozen equity and debt mutual funds by the end of the year. With a ₹500 minimum investment and zero brokerage, the venture plans to offer cost-efficient products directly via Jio’s reach of 475 million subscribers .
Backed by BlackRock’s Aladdin platform and over $2.1 billion already raised, this move signals a major shake-up in India’s ₹72 trillion mutual fund industry .
