Jio BlackRock Gains Regulatory Approval for Four Passive Index Funds in India
Jio BlackRock has secured approval to roll out four new passive index funds in India. SEBI, India’s market watchdog, granted the necessary approval. It’s big news for us as investors and for the growing mutual fund industry. These funds come from a partnership between Reliance Industries and BlackRock, the world’s biggest asset management firm. The…