Jio BlackRock debut: Fund launch raises $2.1 billion from 67,000...

Jio BlackRock debut: Fund launch raises $2.1 billion from 67,000 retail and 90 institutional investors; India-US venture sees strong traction after May licence nod

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Jio BlackRock Asset Management has made a strong debut, raising over $2.1 billion through its initial three mutual fund schemes. Launched shortly after securing its license in May, the offering attracted significant interest from both institutional investors and retail participants.

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