Jio BlackRock made an announcement after completing its first New Fund Offer (NFO). The company raised Rs 17800 crore (around USD 2.1 billion) across three mutual fund schemes. Mukesh Ambani’s Jio BlackRock Mutual Fund announced that its maiden NFO got massive response in three schemes: Jio BlackRock Overnight Fund Jio BlackRock Liquid Fund Jio BlackRock Money Market Fund Jio BlackRock NFO The NFO was open for only three days from June 30 to July 2 2025. Despite the short timespan the offering received huge investments from over 90 institutional investors. The company follows a data-driven investment approach and operates through digital-first systems. The response from retail investors was also good. As more than 67000 individuals participated in the fund offerings. These first funds offered by JioBlackRock Asset Management provide a broad range of investors choice to manage different elements of cash and short-term allocations and put cash to work for meeting differing liquidity risk and return objectives. Short duration debt and money market mutual funds are a solution for investors looking to get yield by holding lower-volatility and  short-term funds without locking into a long-term commitment and providing clients with the flexibility to meet their liquidity needs Jio BlackRock Asset Management Private Limited said. Jio BlackRock Ranking The NFO which closed on July 2 2025 is now one of the largest cash/debt fund offerings in the country. Jio BlackRock Asset Management was ranked as India’s top 15 asset management companies (AMCs) out of a total of 47 fund houses. The funds offered by Jio BlackRock provide investors tools to manage liquidity and short-term allocation needs helping them balance liquidity risk and return based on their individual goals.