Paytm Money, Jio BlackRock launches India’s first AI-led equity fund:Retail investors can start an SIP in a flexi-cap with a min of ₹500 or in lump sum

Paytm Money has launched India’s first Systematic Active Equity (SAE) fund, an AI-led investment model, in partnership with JioBlackRock Mutual Fund. Investors can start a systematic investment plan (SIP) with a minimum of ₹500 or invest in lump sum in JioBlackRock Flexi Cap Fund available on the Paytm Money app. It is India’s first equity scheme to adopt BlackRock’s SAE model, using AI, machine learning, consumer transaction behaviour, and search activity in the investment process. Additionally, BlackRock’s Aladdin risk management platform helps analyse the data from some 1,000 Indian companies to manage the fund. Paytm Money doesn’t charge commission for investing in the fund This fund invests in large, mid, and small-cap companies, with an expense ratio of 0.50% with zero exit load. Paytm Money offers this fund on its digital platform without a commission. Fund provides Indian investors global access A Paytm Money spokesperson said: “We have partnered with Jio BlackRock to bring their flagship Flexi Cap SAE fund to retail investors. The entry point has been set at just ₹500, allowing every Indian investor access to global institutional strategy.” A spokesperson for Jio BlackRock said: “With the partnership with Paytm Money, we are extending our SAE capabilities to retail investors. Paytm Money will help us offer scalable, low-cost equity solutions for India’s growing market for a digital-first AMC.” ​