Jio BlackRock Investment Advisers Pvt Ltd, a 50:50 joint venture between Jio Financial Services and BlackRock Inc., has received SEBI approval to operate as an investment adviser in India. The company plans to offer digital-first, insight-driven investment advisory services. Marc Pilgrem has been appointed as Managing Director and CEO of the joint venture.
Jio BlackRock: SEBI Approves Investment Advisory Operations3 days ago
Jio BlackRock Investment Advisers Private Limited (JBIAPL) received SEBI approval to operate as an investment adviser on June 10, 2025. The joint venture between Jio Financial Services and BlackRock aims to offer digital-first, personalized investment solutions. Marc Pilgrem has been appointed as Managing Director and CEO of the advisory arm.
Aditya Birla Sun Life Arbitrage Fund Direct-Growth
5181050
0.82%
0.11%
0.19%
May 2025
HDFC Arbitrage Fund Wholesale Direct-Growth
1575750
0.22%
0.11%
0.06%
May 2025
Bandhan Arbitrage Fund Direct-Growth
2275350
0.72%
-0.19%
-0.14%
May 2025
Union Flexi Cap Fund Direct-Growth
1900000
2.35%
0.89%
1.40%
May 2025
Quant Dynamic Asset Allocation Fund Direct - Growth
4342355
9.98%
-0.51%
0.65%
May 2025
Mahindra Manulife Large & Mid Cap Fund Direct - Growth
1070000
1.17%
0.62%
1.17%
May 2025
Quant Consumption Fund Direct - Growth
0
0.00%
-4.12%
-3.75%
May 2025
DSP Arbitrage Fund Direct - Growth
1065900
0.47%
-0.13%
-0.17%
May 2025
Mahindra Manulife Balanced Advantage Fund Direct - Growth
350000
1.11%
1.11%
1.11%
May 2025
Axis Multi Asset Allocation Direct Plan -Growth
0
0.00%
-0.66%
-0.59%
May 2025
Mirae Asset Arbitrage Fund Direct - Growth
689700
0.59%
-0.29%
-0.73%
May 2025
Quant ESG Equity Fund Direct - Growth
778646
7.47%
-2.69%
-1.63%
May 2025
Parag Parikh Flexi Cap Fund Direct-Growth
5459850
0.15%
0.01%
0.04%
May 2025
Tata Arbitrage Fund Direct - Growth
1042800
0.20%
0.06%
-0.10%
May 2025
SBI Arbitrage Opportunities Fund Direct-Growth
5171900
0.44%
-0.01%
-0.10%
May 2025
ICICI Prudential Equity Arbitrage Direct-Growth
8984850
0.91%
0.01%
0.01%
May 2025
Union ELSS Tax Saver Fund Direct-Growth
612500
1.94%
0.68%
1.94%
May 2025
Quant BFSI Fund Direct - Growth
2170393
10.23%
-0.30%
0.70%
May 2025
Union Focused Fund Direct - Growth
150000
1.05%
1.05%
1.05%
May 2025
About Jio Financial Services
Jio Financial Services Limited, formerly known as Reliance Strategic Investments Limited, is an India-based non-deposit taking non-banking financial company. Incorporated in 1999, it was renamed and listed on August 21, 2023, following a demerger from Reliance Industries Limited. The company aims to provide financial services to underserved individuals and small businesses in urban, semi-urban, and rural India. Its offerings include digital payment banking solutions, insurance broking, and merchant services. Jio Financial Services focuses on delivering simple, transparent financial products through its digital and physical infrastructure to enhance accessibility and convenience for various segments of society.