New Delhi, July 7 -- Jio Blackrock Asset Management, a 50:50 joint venture between Jio Financial Services and Blackrock, announced the successful closure of its maiden new fund offer, driving the shares of Jio Financial higher on Monday after a three-day fall.

Jio BlackRock recorded a total investment of Rs.17,800 crore in its maiden NFO across three cash and debt mutual fund schemes - JioBlackRock Overnight Fund, JioBlackRock Liquid Fund and JioBlackRock Money Market Fund.

The three-day NFO, which was launched on June 30, 2025, and closed on July 2, 2025, attracted interest from over 90 institutional investors. The cash/debt mutual fund schemes also recorded an overwhelming response from retail investors, with over 67,000 individuals i...