Jio BlackRock Eyes ₹500 MFs, Skips Distributors

 

Mumbai, July 8, 2025: Jio BlackRock, the powerhouse asset management partnership between Reliance's Jio Financial Services and global giant BlackRock, is poised to disrupt India's ₹72.2 trillion mutual fund industry with a bold, low-cost, digital-first strategy, according to a Reuters report.

Also Read OnePlus Nord CE 5 & Buds 4 Launched

The venture reportedly plans to launch nearly a dozen equity and debt funds with remarkably low minimum investments, potentially starting at just ₹500 (approx $5.83), making them highly accessible to small retail investors. Crucially, sources indicate Jio BlackRock intends to bypass traditional third-party distributors entirely.

Also Read Slimmer Z Fold 7 Debuts July 9

"By being direct-only, Jio BlackRock plans to do away with the cost of distribution," a source told Reuters, suggesting this model will allow them to offer fees significantly below industry averages.

Also Read iPhone 17 Series Launch Date, Price, Design

Instead of relying on distributors, the firm plans to leverage Jio's massive ecosystem – its 475 million telecom subscribers and 8 million active users on platforms like MyJio and Jio Finance – for customer acquisition and servicing digitally.

Also Read HP's Budget AI Laptops Hit India OmniBook From Rs 69,999

Further elevating its offering, Jio BlackRock will reportedly integrate parts of BlackRock's Aladdin – a sophisticated institutional-grade investment and risk management system – into its Indian products. This would provide retail investors with analytics tools rarely accessible to them.

Also Read OnePlus Nord 5, CE 5 Launch Today in India

While globally dominant in passive investing ($7.8 trillion AUM), the India venture is expected to offer both active and passive funds, tapping into India's rapidly growing passive segment (currently ~17% of MF assets, growing 25% YoY).

Also Read Panchayat Returns Season 5 Set for 2026 Village Comeback

Neither BlackRock nor Jio BlackRock officially commented on the Reuters report or confirmed details on pricing or distribution strategy. Eight new schemes have reportedly been filed with SEBI, adding to three debt funds launched last month. Business Today could not independently verify the report details.

Also Read No More Shadows Djokovic Breaks Federer Spell at Wimbledon

This direct, ultra-low-cost approach, powered by Jio's digital reach and BlackRock's tech prowess, could fundamentally reshape how Indians access mutual funds.