India’s equity market will fend off tariff volatility and stabilise by the next quarter, according to Sid Swaminathan, MD & CEO JioBlackRock.
Swaminathan was speaking to on the sidelines of the Chennai launch of JioBlackRock’s Flexi Cap Fund.
While there will be some short-term ups and downs, the general outlook for India continues to be very bullish, he said. Swaminathan added that companies specialising in AI and digital technologies will see the strongest growth in coming years.
The Asset Management Company, which is a 50-50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock is positioning itself as a challenger brand in India’s crowded mutual fund industry, which already has more than 40 players.
The new flexi cap fund will be powered by BlackRock’s Systematic Active Equity approach that uses big data, advanced analytics and human expertise with an aim to deliver differentiated investment outcomes.
The fund will have an expense ratio of 0.50 per cent and offers zero exit load. The New Fund Offer (NFO) will close on Tuesday, October 7, 2025.