Jio BlackRock Asset Management receives SEBI approval for Mutual Funds business

Jio BlackRock Asset Management on Tuesday received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual fund business in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach and its deep understanding of the local market, alongside BlackRock’s global investment expertise and leading risk management technology. Stocks in focus after this -