Jio BlackRock Mutual Fund launches 'Aladdin'; all you need to know

Jio BlackRock Asset Management Pvt Ltd is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock.

"Investing should be simple. And it should work for you. That's the belief that brought Jio Financial Services and BlackRock together. "We've blended Jio's digital-first approach with BlackRock's global investment expertise to build solutions around what Indian investors truly need," the mutual fund company said in a post on X.

And for the first time ever, Aladdin, BlackRock's unique investment analytics and risk management platform, is now available in India, it said.

"This is just the beginning. We are here to redefine investing by making it accessible and affordable for you. We are Jio BlackRock Mutual Fund," it said.

The Securities and Exchange Board of India (SEBI), vide letter dated May 26, 2025, granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Ltd to act as the asset management company for Jio BlackRock Mutual Fund.

The company, on October 29, 2024, announced the incorporation of two firms – Jio BlackRock Asset Management Private Limited and Jio BlackRock Trustee Private Limited – to carry on the primary business of mutual funds, subject to regulatory approvals.

On June 11, Jio Financial Services, in a filing to stock exchanges, said that SEBI has granted a certificate of registration to Jio BlackRock Investment Advisers Private Limited (“JBIAPL”) to act as an investment adviser.

Jio Financial Services share price

Shares of Jio Financial Services were trading 1.19% lower at ₹290.65 apiece on the National Stock Exchange (NSE) at 1:23 pm.

In the fourth quarter of the financial year 2024-25, the company's revenue from operations increased 18% year-on-year (YoY) to ₹493.2 crore, and net profit increased 1.7% to ₹316 crore.

Jio Financial Services Ltd (JFSL) is a financial services company. Through the JioFinance app, JFSL provides a range of services, including loans, savings accounts, UPI bill payments, recharges, digital insurance, financial tracking and management tools and more.

JFSL was originally incorporated as Reliance Strategic Investments Private Limited on July 22, 1999, under the Companies Act 1956. Subsequently, the name of the company was changed to Reliance Strategic Investments Limited, and a fresh certificate of incorporation was issued on January 14, 2002.

Thereafter, pursuant to a scheme of demerger with Reliance Industries Ltd, the name of the company was further changed to ‘Jio Financial Services Limited’, and a fresh certificate of incorporation was issued on July 25, 2023. JFSL has been listed on the BSE and NSE since August 21, 2023.