Reliance Jio Jumps Into Mutual Fund Market: Joins Forces With BlackRock For Applying License To Sell Mutual Funds - Trak in trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
"Jio BlackRock combines Jio Financial Services knowledge and resources with BlackRock s scale and investment expertise to deliver affordable, innovative investment solutions to millions of investors in India," an earlier statement said.
The application, filed in October, signals their intent to establish a presence in the Indian asset management domain, , Jio Financial services, mutual funds, licence
Jio Financial, which has a joint venture with BlackRock for asset management, filed the application for MF licence on October 19, 2023 and the current status is 'under process'