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Jio Financial Services: Mutual fund business next
Mukesh Ambani's Jio Financial Services Gets SEBI's Approval For Mutual Fund Launch; What Investors Should Know?
Mukesh Ambani’s Reliance Industries is expanding with Jio Financial Services venturing into the mutual fund market after its demerger. Following a joint venture with BlackRock, SEBI has granted in-principle approval for the initiative.
India's Jio Financial, BlackRock get in-principle approval to set up mutual fund business
Jio Financial and U.S.-based BlackRock got in-principle approval from India's markets regulator to act as co-sponsors and set up a mutual fund business in the country, the Mukesh Ambani-led Reliance Group company said on Friday.
SEBI gives approval to Jio Financial and BlackRock to set up mutual fund business
The final approval for registration will be granted by SEBI subject to fulfillment by the Company and BlackRock of the requirements set out in the said letter, Jio Financial said
Jio Financial Services: Mutual fund business next; Time to BUY shares of Mukesh Ambani's company?
Capital market regulator SEBI has granted in-principal approval to Mukesh Ambani's Jio Financial Services Limited and BlackRock Financial Management Inc (BlackRock) to act as co-sponsors and set up the proposed mutual fund.
SEBI grants in-principle approval to Jio Financial and BlackRock for mutual fund
Jio Financial Services Ltd (JFS), a subsidiary of Reliance Industries, announced on October 4 that it has received in-principle approval from the Securities and Exchange Board of India ( SEBI ) to collaborate with BlackRock Financial Management as co-sponsors to establish a proposed mutual fund,
SEBI gives in-principle nod to set up Jio Financial-BackRock's MF business
Jio Financial Services Ltd, the spun-off financial services entity of Mukesh Ambani-led Reliance Industries, said on October 4 that capital markets regulator Securities and Exchange Board of India (SEBI) has granted the in-principle approval to the company and BlackRock Financial Management to act as co-sponsors and set up the proposed mutual fund
Jio Financial Services mutual fund license - Important update from SEBI
Shares of Jio Financial Services slipped 1.95 per cent on BSE, Friday, October 04 to settle at Rs 338.75 per share. The scrip opened at Rs 344.50 per share, making a high of Rs 345.05 and a low at Rs 336.
56m
on MSN
Over 50% of new mutual fund investors now come from smaller cities: Zerodha Fund House Study
Zerodha Fund House’s study reveals that over 50% of new mutual fund investors come from B-30 cities. Despite rising ...
4d
on MSN
Some investors can 'capital gain harvest' to avoid year-end mutual fund payouts, advisor says
If you're bracing for year-end mutual fund distributions, swapping assets for exchange-traded funds could sidestep the ...
1d
Fidelity Plans Latest Mutual Fund-to-ETF Flip in Muni Market
Fidelity Investments is looking to convert two of its municipal-bond mutual funds into exchange-traded funds, a move that ...
14h
Monthly SIP of ₹10,000 in THIS mutual fund for last 19 years would have grown to ₹1.12 crore, check how
If you were investing ₹10,000 regularly via a systematic investment plan (SIP) in Sundaram Focused Fund, the total investment ...
1d
on MSN
Mutual fund investment: Flexicap funds or multicap funds - where can you get more returns?
One effective way to achieve diversification is by investing in multi-cap and flexi-cap funds, which spread investments ...
Wall Street Journal
17h
Should Your Mutual Fund Have a Suit of Armor?
"Buffer" funds, sometimes called armored funds because they protect against losses, have become one of Wall Street’s hottest ...
18h
Common Returns of Investing in a Hedge Fund
Hedge funds are popular with high-net worth individuals and institutional investors, in part, because of potential high ...
11d
12b-1: Understanding Mutual Fund Fees
A mutual fund charges its investors a 12b-1 fee to pay for marketing and promotion expenses. According to a discussion of 12b ...
cnbctv18
1d
DSP Mutual Fund temporarily suspends fresh inflows in international funds
This move by DSP Mutual Fund is a precautionary measure to ensure it does not exceed the regulatory limits set for mutual ...
6h
on MSN
Are you asking your mutual fund distributor the right questions?
Mutual Fund Distributors (MFDs) assist investors in choosing suitable mutual funds. They are certified professionals, ...
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