JioBlackRock Launches Five New Index Funds; NFO Opens August 5-12

JioBlackRock Asset Management has launched its first set of five Index Funds through a New Fund Offering (NFO) in India. The NFO will open on August 5 and close on August 12. The funds aim to provide Indian investors with low-cost, transparent, and easy-to-access investment options. The funds include the Nifty 50 Index Fund, Nifty Next 50 Index Fund, Nifty Midcap 150 Index Fund, Nifty Smallcap 250 Index Fund, and Nifty 8-13 Year G-Sec Index Fund. The funds are available through the JioFinance app and other digital platforms.

JioBlackRock Asset Management (JBAM), a joint venture between Jio Financial Services Limited (JFSL) and BlackRock, has announced the launch of its first suite of five Index Funds through a New Fund Offering (NFO). The NFO will commence on August 5, 2025, and close on August 12, 2025, marking a significant milestone in the organization's mission to provide diversified, cost-efficient, and reliable investment solutions to Indian investors [1].

The new funds are designed to cater to various segments of the market, including large-cap, mid-cap, small-cap, and fixed income investors. Here are the details of the new funds:

1. JioBlackRock Nifty 50 Index Fund: This fund provides exposure to India's 50 largest and most traded companies by free float market capitalization.
2. JioBlackRock Nifty Next 50 Index Fund: This fund invests in the next wave of large-cap leaders, offering growth potential.
3. JioBlackRock Nifty Midcap 150 Index Fund: This fund aims to capture growth from India's mid-sized enterprises.
4. JioBlackRock Nifty Smallcap 250 Index Fund: This fund taps into emerging small-cap innovators, providing access to smaller companies.
5. JioBlackRock Nifty 8-13 Year G-Sec Index Fund: This fund adds portfolio stability through exposure to long-term government bonds [1].

The NFO is an invitation for Indian investors to experience JioBlackRock's digital-first and data-driven customer proposition, leveraging BlackRock's extensive experience in index investing [2]. The funds are now live and investment-ready on the JioFinance app during the NFO period. They will also be available across major digital finance platforms in India, including Groww, Zerodha, Paytm, INDmoney, Dhan, and Kuvera, as well as through SEBI Registered Investment Advisors (RIAs) [1].

Sid Swaminathan, MD & CEO of JioBlackRock Asset Management, stated, “JioBlackRock aims to cater to the full range of investors at all stages of their investment journey. The NFO is an invitation to the people of India to experience our digital-first and data-driven customer proposition in order to access the many benefits of index investing, leveraging BlackRock’s many decades of experience as a leading provider of index funds” [1].

JioBlackRock has also announced a series of educational initiatives to support both new and experienced investors, aiming to improve awareness about index investing [1].

References

[1] https://upstox.com/news/market-news/latest-updates/jio-black-rock-amc-launches-nfo-for-five-index-funds-every-detail-you-need-to-know/article-179196/
[2] https://www.business-standard.com/markets/news/jio-black-rock-asset-index-funds-nfo-august-5-new-fund-offering-125080500313_1.html
[3] https://www.cnbctv18.com/personal-finance/jioblackrock-amc-opens-nfo-for-first-set-of-index-schemes-mutual-funds-19648659.htm