fintech / news / / CNBC TV18
Jio BlackRock Mutual Fund, a 50:50 joint venture between Jio Financial Services and BlackRock, has received approval from the International Financial Services Centres Authority (IFSCA) The fund house has already received in-principle SEBI approval for the GIFT City
Jio BlackRock Mutual Fund received final IFSCA approval to start operations in GIFT City.
KEY POINTS
- The company will launch commodity ETFs in gold and silver within the next three months.
- Jio BlackRock plans to provide Indian investors international exposure and foreign investors Indian market access via GIFT City.
- The fund house has already secured in-principle approval from SEBI for its GIFT City operations.
COMPANIES
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