JioBlackRock launched its first product, the JioBlackRock Nifty 50 ETF.
The venture is a 50:50 joint venture between BlackRock and India's Jio Financial Services.
This launch marks the asset management firm's entry into India's rapidly expanding exchange-traded fund market.
The fund tracks the performance of India's 50 largest, most established listed companies.
The launch combines BlackRock's global expertise as the world's largest ETF provider with Jio's extensive digital reach and understanding of the Indian market.
The ETF will use a digital-first distribution approach.
It will be available on platforms like JioFinance and MyJio apps.
This aims to make investing more accessible for Indian investors.
The new fund offer opened on August 4, 2026.
It will close on August 11, 2026.