Paytm Money Partners with JioBlackRock to Launch India’s First Systematic Active Equity Fund.
Banking & Finance
On September 23, 2025, Paytm Money, a subsidiary of One97 Communications Limited (OCL), recently partnered with JioBlackRock, a joint venture (JV) between Jio Financial Services Limited (JFSL) and BlackRock, to launch India’s first Systematic Active Equity (SAE) fund for retail investors, named the 'JioBlackRock Flexi Cap Fund'.
- The New Fund Offer (NFO) of JioBlackRock Flexi Cap Fund is available on the Paytm Money application from September 23 to October 7, 2025.
- The fund allows a minimum investment of Rs. 500, which can be made via Lumpsum or Systematic Investment Plan (SIP), making it accessible for retail investors.
Main Point :- (i) The fund integrates BlackRock’s Artificial Intelligence (AI)-driven investment model with human expertise to identify patterns and trends in the stock market, using the Aladdin platform for risk and portfolio management.
(ii) The JioBlackRock Flexi Cap Fund offers diversified exposure across large, mid, and small-cap stocks, with a cost-efficient structure, an indicative expense ratio of 0.50%, and no exit load.
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