Jio BlackRock hits ₹20,000 crore AUM milestone in debut year

Jio BlackRock has announced that its assets under management have surpassed ₹20,000 crore following the introduction of 14 mutual fund schemes during its inaugural year. According to CEO Sid Swaminathan, retail investors contributed over ₹5,000 crore to this total, representing a base of more than 11.5 lakh clients. The firm is currently moving to broaden its reach by entering physical distribution, launching niche investment funds, and offering global products via GIFT City.

by shortkt.com
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Jio BlackRock hits ₹20,000 crore AUM milestone in debut year | ShortKT