Paytm Money JioBlackRock Launch India's First AI-Driven Retail Equity Fund

Jio BlackRock AMC, a joint venture between Jio Financial Services and BlackRock, has launched India’s first Systematic Active Equity (SAE) fund aimed at retail investors, available exclusively through the Paytm Money app. The JioBlackRock Flexi Cap Fund uses BlackRock's AI and machine learning technologies, including the Aladdin risk management platform, to analyze data from nearly 1,000 Indian companies and invest across large, mid, and small-cap stocks. The fund offers a low expense ratio of 0.50%, no exit load, and zero commission on investments via Paytm Money, with a minimum investment of ₹500, making advanced institutional-level strategies accessible to individual investors. This launch is significant as it brings tech-driven, data-centric investment strategies to a largely distributor-dominated mutual fund market in India, potentially accelerating the trend toward passive and systematic investing. The partnership leverages Paytm Money's digital wealth-tech platform to offer a scalable, low-cost equity solution aligned with India's expanding market breadth. This initiative is expected to democratize access to sophisticated investment models previously available only to global institutions, enhancing retail participation in the Indian equity market.