Jio BlackRock Mutual Fund gets Sebi nod to launch 4 index funds: Who are the managers? All you need to know

Jio BlackRock Mutual Fund has received approval from the Securities and Exchange Board of India (Sebi) to launch four new index funds, expanding its product suite in equity and debt segments. The approved schemes include three equity-oriented funds and one debt-focused fund.

The new equity index funds include JioBlackRock Nifty Next 50 Index Fund, JioBlackRock Nifty Smallcap 250 Index Fund, and JioBlackRock Nifty Midcap 150 Index Fund.

The fourth fund, JioBlackRock Nifty 8-13 yr G-Sec Index Fund, will provide investors with exposure to government securities in the 8- to 13-year maturity bucket, making it a fixed-income option for long-term debt investors.

The equity funds will be managed by a team comprising Tanvi Kacheria, Anand Shah, and Haresh Mehta, all of whom bring deep experience in passive and factor-based investing strategies. The G-Sec index fund will be jointly managed by Vikrant Mehta, Siddharth Deb, and Arun Ramachandran, known for their expertise in fixed income and duration strategies.

The plans are exclusively available through a direct plan with a growth option. The fund house may introduce additional plans or options in the future, subject to the Sebi regulations.

During the NFO, the minimum investment amount is ₹500 for lump sum applications and switch-ins, with SIPs starting at ₹500 and in multiples of ₹1 thereafter. Once the fund opens for continuous subscription, the minimum purchase amount will remain ₹500, with no upper cap.

The fund house, a joint venture between Reliance’s Jio Financial Services and global asset management giant BlackRock, aims to tap into India’s growing demand for low-cost, passive investing options.

With these new offerings, Jio BlackRock is targeting a broad base of investors seeking diversified exposure across midcap, smallcap, and Next 50 segments, along with a stable debt product aligned with government securities.