Jio Blackrock Raises Rs 17,800 Crore Through Nfo | Jio-Blackrock raised ₹ 17,800 crore via debut NFO: 90 institutional investors and more than 67,000 retail investors invested

Jio Blacrock Asset Management has raised Rs 17,800 crore through debut NFO. The company has given this information on 7 July. Jio Blackrock has done this fund through three cash or date mutual fund schemes.

This is the company’s first offering after getting a license in May. Three schemes of the company are Jiobaccrock Overnight Fund, Jiobaccrock Liquid Fund and Jiobaccrock Money Market Fund.

Jio Blackrock is a joint venture between Mukesh Ambani’s Reliance Industries Limited company Geo Financial Services and US -based company Blackrock. Jio Blackrock said in a statement that more than 90 institutional investors and more than 67,000 retail investors invested in this first offer of three days.

The firm said that the NFO, closing on 2 July 2025, was the largest in India’s cash/date fund segment. Due to this, JioCroaccrock Management Management has joined the top-15 asset management companies from 47 fund houses based on loan assets under management in the country.