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The Economic Times

Business

Debaroti Adhikary

Jio BlackRock AMC launches regular mutual fund plans available via distributors

BlackRock Jio Jio BlackRock India Sid Swaminathan JioBlackRock Mutual Fund

Jio BlackRock Asset Management announced on Monday that it is launching regular plans for eligible mutual fund schemes, allowing investors to buy them through registered distributors, unlike its existing direct plans.

The joint venture between Reliance Industries’ Jio Financial Services and BlackRock has so far offered only direct plans since its launch. Regular plans on the other hand are sold through mutual fund distributors, giving investors greater choice in how they engage with and access Jio BlackRock’s investment offerings, the company said.

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