JioBlackRock Closes NFO For New Funds With $2.1 Bn Investment

The funds have been raised across three cash and debt MF schemes — JioBlackRock Overnight Fund, JioBlackRock Liquid Fund and JioBlackRock Money Market Fund

JioBlackRock claims that the NFO attracted investments from over 90 institutional investors

JFS also announced a new initiative to simplify onboarding and create investment-ready accounts within minutes through the JioFinance app

Over a month after receiving SEBI’s nod to operate as an asset management company…