
Himani Chaudhary
June 14, 2025 at 11:24 AM
🚨BIG | Now Mukesh Ambani wants to sell you mutual funds.
And he’s not doing it alone.
Jio has partnered with BlackRock, the world’s largest asset manager (with over $10 trillion AUM), to launch a new AMC: JioBlackRock Mutual Fund.
They’ve just filed draft documents with SEBI for their first 2 schemes:
🔹 Liquid Fund
🔹 Overnight Fund
both are debt funds for short-term, low-risk investors.
This marks the official entry of Ambani into the ₹54 lakh crore Indian mutual fund market.
📉 Expect ultra-low fees & aggressive digital onboarding
Their target? India’s fast-growing middle class & first-time investors.
The MF space just got a new heavyweight. Stay tuned and forward it your fam ✨
❤️
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