JioBlackRock AMC launches Balanced Advantage Fund, targets ₹25,000 crore AUM by FY27

JioBlackRock AMC launched its Balanced Advantage Fund and aims to exceed ₹25,000 crore in AUM by FY2026-27, after crossing ₹22,000 crore. The AMC plans further product launches, including momentum and low-volatility index funds, a Silver ETF and an international offering.

JioBlackRock AMC's AUM stands above March's level, with a higher FY2026-27 target
  • AUM in Marchnearly ₹16,000 crore
  • AUM, current₹22,000 crore
  • AUM target by FY2026-27₹25,000 crore

Reported figures

From the report. Source details below

NFO opens September 11 and closes September 25

Also in the report

  • more than 20 funds planned by FY2026-27

Other figures

  • 17 existing funds

The source

Source Read the source at Mint

Published

Also reported by Business Standard

First seen

By

Note Information, not investment advice. RetailIntel is not registered with SEBI.