Jio BlackRock Mutual Fund
JioBlackRock is a partnership firm of Jio Financial Services (Reliance Group) and the global leader in investment and risk management, BlackRock. Both parties own equal 50:50 shares of this venture.
SEBI (Securities and Exchange Board of India) provided in-principle approval to establish the new mutual fund firm in October 2024. Subsequently, on 26 May 2025, SEBI granted the final registration certificate and approved the company to operate.
After receiving the approval, Jio BlackRock launched its first fund in July 2025. These included overnight funds, liquid funds and money market funds. Together, these collected about 17,800 crores from investors.
Fund Managers at Jio BlackRock
Mr Anand Shah
Anand Shah is a CFA. He also has a master's degree in engineering from Ukraine. He joined Jio BlackRock in December 2024. Earlier, he worked as a fixed income and portfolio manager in ITI AMC, Indibulls AMC and Pinebridge India.
Mr Arun Ramachandran
Arun Ramachandran has more than 10 years of experience in a fixed-incomplete fund. Before joining Jio Blackrock, he worked as a fixed-income fund manager at SBI Funds Management from 2009 to 2024.
Mr Siddharth Deb
Siddharth Deb holds a degree in zoology and finance. He had been a fund manager at Nippon Life India Asset Management and Goldman Sachs Asset Management prior to Jio BlackRock.
Key information about Jio BlackRock Asset Management Private Limited
Asset Management Company name | Jio BlackRock Asset Management Private Limited |
AMC Setup Date | 26th May 2025 |
AMC Incorporation Date | October, 2024 |
Sponsor Name | Jio BlackRock Trustee Private Limited |
Name of Trustees | Mr. A Sunil Kumar Mr. Rajendra Saraf Mr. Robert Lamb Mr. Sudheer Reddy Ms. Diana Dhote |
Compliance Officer | Ms. Hemanti Wadhwa |
CEO | Mr. Siddharth Swaminathan |
Investor Service Officer | Mr. Manish Kanchan |
FAQs on Jio BlackRock Mutual Fund
1. What is Jio BlackRock Mutual Fund?
It is a mutual fund firm established by Jio Financial Services and BlackRock, providing investment opportunities to Indian investors.
2. When did Jio BlackRock begin operation?
SEBI provided final approval on 26 May 2025, and the initial funds were launched in July 2025.
3. What kinds of funds has Jio BlackRock introduced?
The initial ones are the Overnight Fund, Liquid Fund, and Money Market Fund.
4. How many funds did Jio BlackRock collect through its initial launch?
The first NFOs collected about 17,800 crore.
5. Who are the fund managers at Jio BlackRock?
The most important fund managers are Anand Shah, Arun Ramachandran, and Siddharth Deb, with relevant expertise in mutual fund management.
