Jio BlackRock Mutual Fund Get SEBI Approval for 5 Index Funds

The very first 50:50 joint venture between the Jio Financial Services and BlackRock received SEBI's approval dated May 26, 2025.

Now, following suit, the Jio BlackRock Mutual Fund has received approval of the Mutual Funds regulatory body of India, SEBI to launch 5 new Index Mutual Funds in India.

These New Fund Offer are aimed to further expand its investment offerings for mutual funds investor. Here is a list of the mutual funds that got green light by the SEBI:

1. Jio BlackRock Nifty Midcap 150
2. Jio BlackRock Nifty Next 50 Index Fund
3. Jio BlackRock Nifty Smallcap 250 Index Fund
4. Jio BlackRock Nifty 8-13 yr G-Sec Index Fund
5. Jio BlackRock Nifty 50 Index Fund

Also Read: Jio BlackRock Launches 1st Fund: JioBlackRock Overnight Fund

Out of these five Mutual Funds, four are equity-oriented index funds, whereas one is a debt-oriented index fund.

These newly launched schemes will only offer direct plans and shall later on move to the growth options.

However, one thing to note is that, "Minimum lumpsum investment in all five funds is Rs.500 and any amount thereafter."

Furthermore, you shall invest through SIP (Systematic Investment Plan) at just Rs.500 & in multiples of Rs.1 thereafter.

Let's cover each newly launched scheme by Jio BlackRock Mutual Fund in detail:

Jio BlackRock Nifty Midcap 150 Index Fund

The Jio BlackRock Nifty Midcap 150 Index Fund is an open-ended scheme that replicates the Nifty Midcap 150 Index. The main aim of this fund is to invest passively in equity and equity related securities, replicating the composition of the Nifty Midcap 150 Index.

The investment portfolio for this fund will be invested 95-100% in equity and equity-related securities of companies comprising the Nifty Next 50 Index and 0-5% in debt and money market instruments.

Jio BlackRock Nifty Smallcap 250 Index Fund

The Jio BlackRock Nifty Smallcap 250 Index Fund will be benchmarked against the Nifty Smallcap 250 Index (TRI). However, the fund has kept 95-100% allocation in equity and equity related instruments with 0-5% distributed in debt and money market instruments.

Jio BlackRock Nifty 8-13 yr G-Sec Index Fund

The Jio BlackRock Nifty 8-13 yr G-Sec Index Fund will be replicating the Nifty 8-13 yr G-Sec Index, which has a relatively high interest rate and a low credit risk.

Jio BlackRock Nifty 50 Index Fund

The Jio BlackRock Nifty 50 Index Fund is an open-ended scheme that will be replicating the Nifty 50 Index. This scheme aims to promote passive investment in equity funds.

Moreover, the fund will allocate 95-100% of its money into equity and equity-related securities with up to 5% allocation in debt and money market instruments.

In a press release recently, the Jio BlackRock Asset Management announced, "By the year-end it plans to introduce nearly a dozen equity and debt funds in India."

This ideology seems to target the small-ticket investments and bypassing distributors to lower the costs.

Read more such related blogs:

1. JioBlackRock Liquid Fund NFO Opens: Should You Invest?
2. Jio BlackRock MF Introduces "Aladdin" Investment Platform
3. Jio BlackRock Receives SEBI Approval to Launch Mutual Fund Business in India, Appoints Sid Swaminathan as CEO