Jio BlackRock and Paytm Money, the wealth tech division of the fintech titan Paytm, have partnered to introduce a new AI-powered systematic active equity (SAE) fund for individual investors.
The financial giant said in a statement that Paytm Money will only provide Jio BlackRock flexi cap fund subscriptions. On September 23, the new fund offer will go live, and it will end on October 7. According to a release by Paytm, investors can start with a minimum investment of just INR 500 through a lump sum or systematic investment plan (SIP).
According to a Paytm representative, the company has teamed up with Jio BlackRock to offer its flagship flexi cap SAE fund to Indian retail investors. With the entry barrier reduced to just INR 500, all Indian investors can now access strategies that were previously exclusive to international institutions.
What is systematic active equity (SAE)?
The SAE technique was created by BlackRock, a US-based asset management firm, and uses AI and machine learning to examine big, complicated data sets and produce investment insights for almost 1,000 Indian businesses.
The Jio BlackRock flexi cap fund described before asserts that its indicated total cost ratio is 0.5%. It is anticipated that the cooperation will employ Jio BlackRock’s technical know-how, Paytm’s large user bases, zero-commission strategy, and digital onboarding to attract India’s expanding group of retail investors and establish a foothold in the wealth tech industry.
BlackRock and Jio Financial Services have partnered to form Jio BlackRock Asset Management. The company’s announced plan to launch about a dozen equity and debt funds in India by the end of 2025 includes the most recent NFO.
Jefferies Hiking Paytm’s Price Tag
The news comes just a day after broking company Jefferies increased Paytm’s price target (PT) to INR 1,420, citing fresh prospects for the fintech giant in wealth management and BNPL products.
The fintech powerhouse earned a profit in Q1 FY26, reporting a net profit of INR 122.5 Cr as opposed to a net loss of INR 840.1 Cr in Q1 FY25. This is another reason for the bullishness. During the reviewed quarter, Paytm’s operating revenue increased by 28% to INR 1,918 Cr from INR 1,502 Cr during the same period last year.
A rising top line, increased investments in Paytm Money, and lessened regulatory obstacles are all contributing to the company’s stock price increase. The company’s stock has risen over 33% in the last three months and is up almost 15% so far this year.
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•NFO open from September 23 to October •SAE strategy uses AI and machine •Fund is a flexi cap SAE fund with an •The collaboration leverages Jio |
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