JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO
NEW DELHI, July 7: JioBlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, on Monday announced closure of its maiden New Fund Offer (NFO), recording a total investment of Rs 17,800 crore (~USD 2.1 billion).
The fund was mobilised from three cash/debt mutual fund schemes — JioBlackRock Overnight Fund,
» Read more about: JioBlackRock Mutual Fund raises over Rs 17,800 crore via maiden NFO »