*Jio Mutual Fund?* 👀💰📝 JioBlackRock has received final regulatory approval from SEBI to _*commence its mutual fund operations*_ in India. 🚨💰 The entity is a 50:50 partnership between Jio Financial Services and BlackRock, the collaboration aims to _*leverage JFSL's robust digital infrastructure and local market knowledge*_ with BlackRock's global investment prowess and risk management technology 👀💪 Sid Swaminathan, who brings over 20 years of asset management experience, has been appointed as the Managing Director and CEO of JioBlackRock Asset Management. _*He previously served as Head of International Index Equity at BlackRock*_, managing a substantial AUM of $1.25 trillion. 😳 _No such timeline on the product launches but we can expect things to move fast now_