Paytm Unit & JioBlackRock Launch Direct-To-Consumer Equity Fund
Paytm Money has teamed up with JioBlackRock to roll out a new active equity fund aimed at retail investors, cutting out traditional intermediaries. This direct approach is expected to introduce more competition into India’s mutual fund distribution model, especially tapping into tech users and app-based investors. The move also reflects growing interest among fintechs to expand into wealth and asset management.
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25 days ago
Paytm Unit & JioBlackRock Launch Direct-To-Consumer Equity Fund
Paytm Money has teamed up with JioBlackRock to roll out a new active equity fund aimed at retail investors, cutting out traditional intermediaries. This direct approach is expected to introduce more competition into India’s mutual fund distribution model, especially tapping into tech users and app-based investors. The move also reflects growing interest among fintechs to expand into wealth and asset management.
positive
Paytm Unit & JioBlackRock Launch Direct-To-Consumer Equity Fund
26 days ago
1 min read
61 words
Paytm Money + JioBlackRock launch an equity fund to reach retail investors directly via app.
Paytm Money has teamed up with JioBlackRock to roll out a new active equity fund aimed at retail investors, cutting out traditional intermediaries. This direct approach is expected to introduce more competition into India’s mutual fund distribution model, especially tapping into tech users and app-based investors. The move also reflects growing interest among fintechs to expand into wealth and asset management.
Paytm Money has teamed up with JioBlackRock to roll out a new active equity fund aimed at retail investors, cutting out traditional intermediaries. This direct approach is expected to introduce more competition into India’s mutual fund distribution model, especially tapping into tech users and app-based investors. The move also reflects growing interest among fintechs to expand into wealth and asset management.