Paytm Money, in partnership with JioBlackRock, has introduced India’s first Systematic Active Equity (SAE) fund.
Investors can start investing in the JioBlackRock Flexi Cap Fund with a minimum SIP or lump sum of ₹500. The fund is available exclusively on the Paytm Money app.
This is the first equity scheme in India to use BlackRock’s SAE model, which incorporates artificial intelligence (AI), machine learning, and alternative data like consumer transactions and search activity.
During the investment process, BlackRock’s Aladdin risk management platform analyzes data from around 1,000 Indian companies.
Diversified Investments Without Extra Charges
The fund provides diversified exposure across large-, mid-, and small-cap companies, with a total expense ratio of 0.50% and no exit load.
Through this partnership, Paytm Money is offering the fund commission-free on its digital platform.
A Paytm Money spokesperson stated, “We have partnered with Jio BlackRock to make their flagship Flexi Cap SAE Fund accessible to retail investors.
The entry point has been reduced to just ₹500, giving every Indian investor access to global institutional strategies.”
A Jio BlackRock spokesperson added, “By partnering with Paytm Money, we are expanding our SAE capabilities to retail investors.
For a digital-first AMC, having a partner like Paytm Money with a significant reach will help us offer scalable, low-cost equity solutions to India’s growing market.”
