Latest news with #MyJio
Economic Times
08-07-2025
- Business
- Economic Times
JioBlackRock Mutual Fund seeks Sebi nod to launch 8 new funds: Report
The upcoming funds will offer investment options starting at just Rs 500, targeting wider retail participation. JioBlackRock Mutual Fund has applied to the Securities and Exchange Board of India (Sebi) to launch eight new schemes, according to a Reuters report. This follows the launch of its first three funds. The upcoming funds will offer investment options starting at just Rs 500, targeting wider retail BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on small-ticket investments and bypassing distributors to reduce costs, the report further said. Also Read | Jio BlackRock raises more than Rs 17,800 crore through debut new fund offer The report also stated that JioBlackRock plans to bypass the traditional distributor network by offering its funds directly to both institutional and retail investors. This approach is expected to lower the fees or expense ratios typically associated with mutual fund investments. The fund house on Monday announced the successful closure of its maiden New Fund Offer (NFO), receiving a total investment of Rs 17,800 crore (USD 2.1 billion), across three cash/debt mutual fund schemes – JioBlackRock Overnight Fund, JioBlackRock Liquid Fund and JioBlackRock Money Market Fund. The three-day NFO, which was launched on June 30 and closed on July 2, attracted investments from over 90 institutional investors, reflecting confidence in JioBlackRock Asset Management's value proposition that combines data-driven investing and a digital-first cash/debt mutual fund schemes also recorded an overwhelming response from retail investors, with over 67,000 individuals investing in these funds during the offer period.'The overwhelming response to our first NFO from institutional and retail investors is a powerful endorsement of JioBlackRock Asset Management's innovative investment philosophy, risk management capabilities and digital-first approach. This is a strong start to our journey towards becoming a transformative force in India's evolving investment landscape, catering to all types of investors,' said Sid Swaminathan, Managing Director and CEO, JioBlackRock Asset Asset Management has also rolled out a new account creation feature on the JioFinance app to streamline onboarding for retail investors. The initiative is aimed at making it easier for users to set up investment-ready accounts quickly ahead of the fund house's upcoming launches. Also Read | JioBlackRock launches mutual fund access on MyJio, calls it a new era of investing Last week, the JioBlackRock Mutual Fund announced the launch of mutual fund access on the MyJio app and called it a new era of investing. The fund house posted on social media platform X that, 'A new era of investing has begun on the MyJio app.' Jio BlackRock Asset Management Private Limited (JBAMPL or JioBlackRock Asset Management) is a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock ('the shareholders').
Time of India
08-07-2025
- Business
- Time of India
JioBlackRock Mutual Fund seeks Sebi nod to launch 8 new funds: Report
JioBlackRock Mutual Fund has applied to the Securities and Exchange Board of India ( Sebi ) to launch eight new schemes, according to a Reuters report. This follows the launch of its first three funds. The upcoming funds will offer investment options starting at just Rs 500, targeting wider retail participation. Jio BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on small-ticket investments and bypassing distributors to reduce costs, the report further said. Also Read | Jio BlackRock raises more than Rs 17,800 crore through debut new fund offer Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » The report also stated that JioBlackRock plans to bypass the traditional distributor network by offering its funds directly to both institutional and retail investors. This approach is expected to lower the fees or expense ratios typically associated with mutual fund investments. The fund house on Monday announced the successful closure of its maiden New Fund Offer (NFO), receiving a total investment of Rs 17,800 crore (USD 2.1 billion), across three cash/debt mutual fund schemes – JioBlackRock Overnight Fund , JioBlackRock Liquid Fund and JioBlackRock Money Market Fund . Live Events The three-day NFO, which was launched on June 30 and closed on July 2, attracted investments from over 90 institutional investors, reflecting confidence in JioBlackRock Asset Management's value proposition that combines data-driven investing and a digital-first approach. The cash/debt mutual fund schemes also recorded an overwhelming response from retail investors, with over 67,000 individuals investing in these funds during the offer period. 'The overwhelming response to our first NFO from institutional and retail investors is a powerful endorsement of JioBlackRock Asset Management's innovative investment philosophy, risk management capabilities and digital-first approach. This is a strong start to our journey towards becoming a transformative force in India's evolving investment landscape, catering to all types of investors,' said Sid Swaminathan, Managing Director and CEO, JioBlackRock Asset Management. JioBlackRock Asset Management has also rolled out a new account creation feature on the JioFinance app to streamline onboarding for retail investors. The initiative is aimed at making it easier for users to set up investment-ready accounts quickly ahead of the fund house's upcoming launches. Also Read | JioBlackRock launches mutual fund access on MyJio, calls it a new era of investing Last week, the JioBlackRock Mutual Fund announced the launch of mutual fund access on the MyJio app and called it a new era of investing. The fund house posted on social media platform X that, 'A new era of investing has begun on the MyJio app.' Jio BlackRock Asset Management Private Limited (JBAMPL or JioBlackRock Asset Management) is a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock ('the shareholders').
India Today
20-06-2025
- Entertainment
- India Today
Jio launches unlimited 5G plans for gamers with free BGMI skins and cloud gaming perks
Mobile gaming is a massive part of India's digital culture today, and there's no denying that Battlegrounds Mobile India aka BGMI sits right at the top of the list for most popular games in the country. Now, tapping into this growing space, Reliance Jio has teamed up with Krafton India to launch two dedicated gaming recharge packs for its users. The idea is simple — give gamers what they want: faster connectivity, access to premium games, and exclusive BGMI rewards. And to do that, Jio has introduced two plans priced at Rs 495 and Rs 545, both with a 28-day recharge packs are now live and can be recharged via the MyJio app or the official Jio Rs 495 pack offers 1.5GB data per day, an additional 5GB of data, unlimited voice calling, and two key gaming perks — access to JioGames Cloud and a BGMI Skins Coupon. The slightly higher Rs 545 plan bumps things up by offering unlimited 5G data (for eligible users), 2GB/day of regular data, 5GB additional data, unlimited voice calling, and the same gaming benefits as the Rs 495 pack. With the JioGames Cloud subscription bundled in, users can stream and play over 500 premium cloud games across devices — be it a smartphone, a web browser, a Jio set-top box or even an Android TV. Since this is cloud gaming, there's no need for downloads or console-level hardware. You just log in and the BGMI side, users will receive exclusive in-game rewards like the Bard's Journey Set, Desert Taskforce Mask, and the Tap Boom Molotov Cocktail — redeemable using coupons received after the about the partnership, Seddharth Merrotra, Head of Business Development and Partnerships, Krafton India, said, 'At Krafton, our mission has always been to elevate and democratise gaming experiences for Indian players. With over 200 million downloads and one of the most passionate communities in the country, BGMI has become more than just a game; it's a cultural phenomenon.'A Jio spokesperson added, 'Gaming is an integral part of India's digital lifestyle, and Jio is committed to enhancing that experience. With this gaming pack, we are not just providing connectivity; we are delivering real value by offering 5G connectivity, Cloud Gaming Subscription, and Exclusive in-game rewards with a single recharge.'How to claim the BGMI rewardsAfter recharging with either gaming pack, users will receive a confirmation SMS. Reward coupons will appear in the MyJio app under Profile > Coupons & Winnings. These can be redeemed via BGMI's official site by entering your character ID and the unique to access JioGames CloudInstall the JioGames app and log in with your Jio number. The cloud subscription will already be active — no further steps needed.
India.com
29-04-2025
- Business
- India.com
Akshaya Tritiya 2025 special: Gold rate is over Rs 100000, but THIS company is giving the yellow metal at...
Akshaya Tritiya 2025 special: Gold rate is over Rs 100000, but THIS company is giving the yellow metal at... With gold reaching almost Rs 1-Lakh, the idea of buying something precious on Akshay Tritiya has taken a hit. As per latest prices, Gold prices declined Rs 1,000 to Rs 98,400 per 10 grams in the national capital on Monday amid weak global trend. However this has failed to encourage the buyers. But there is a company which is offering special discount on this auspicious day. This time, to make Akshaya Tritiya more special, Jio Financial Services has announced a great offer. The company has announced Jio Gold 24K Days. Under this, customers will get a chance to get extra gold for free on purchasing digital gold. Talking about Jio Gold 24K Days, it is an event organized around special occasions, in which users of JioFinance and MyJio app can avail special offers on buying digital gold. During the first edition of Jio Gold 24K Days, running from April 29, 2025 to May 5, 2025, customers buying digital gold ranging from Rs 1,000 to Rs 9,999 will get 1 per cent gold free using the offer code JIOGOLD1. On purchases above Rs 10,000, customers will get 2 per cent free gold by using the promo code JIOGOLDAT100 at checkout. Each user can avail this offer a maximum of 10 times during this period. Customers will receive extra digital gold within 72 hours from the time of purchase. A customer can get free gold worth up to Rs 21,000. This offer is applicable only on outright gold purchases and not on Gold SIPs. See offer terms and conditions for more details.
