Jio BlackRock approved to launch four index funds, targeting India’s growing mutual fund market with a digital-first distribution strategy.

• New funds track Nifty Midcap 150, Smallcap 250, Next 50, and 8–13 year Indian government bonds indices.
• JV plans nearly 12 equity, debt funds by year-end to tap India’s ₹72.2 trillion mutual fund market.
• Raised $2.1 billion so far across debt funds, with 90 institutional and 67,000 retail investors onboarded.