Paytm Money & Jio BlackRock Launch India’s First AI Equity Fund: Start SIP at Just ₹500
--- India’s First AI-Equity Fund Paytm Money, in partnership with Jio BlackRock, has introduced India’s first Systematic Active Equity (SAE) Fund. Named the Jio BlackRock Flexi Cap Fund, this scheme allows retail investors to start investing with just ₹500 through SIP or lump sum. The fund is exclusively available on the Paytm Money app, making it highly accessible for retail investors. --- Key Highlights of the Fund AI and Machine Learning Driven: The SAE model uses Artificial Intelligence (AI), Machine Learning, consumer transactions, and search activity as alternative data sources. Analysis of Over 1,000 Indian Companies: BlackRock’s Aladdin Risk Management Platform analyzes data from around 1,000 Indian companies. Diversified Portfolio: Investments spread across large-cap, mid-cap, and small-cap companies. Low Cost & No Exit Load: The Total Expense Ratio (TER) is just 0.50%, with zero exit load. No Commission Investment: Available commission-free on Paytm Money. ---...