Jio BlackRock International AMC (IFSC) launches JioBlackRock Advantage World Equity Fund (IFSC), its first GIFT City fund

JioBlackRock has launched the Advantage World Equity Fund through GIFT City, offering eligible Indian investors access to global developed-market equities. The feeder fund invests primarily in BlackRock’s actively managed strategy spanning the US,...

Agencies

Investors can access global growth themes, including AI, semiconductors and biotechnology, through JioBlackRock’s new GIFT City fund.

Jio BlackRock International AMC (IFSC), a wholly owned subsidiary of JioBlackRock Asset Management, today announced the launch of the JioBlackRock Advantage World Equity Fund (IFSC), an open-ended fund of funds retail scheme investing in BlackRock Advantage World Equity Fund under the IFSCA FM Regulations.

The fund is designed to provide investors access to global equity markets through a feeder-fund structure that invests primarily in the BlackRock Advantage World Equity Fund, a globally diversified active equity strategy.

The launch marks another step in JioBlackRock’s efforts to broaden access to investment opportunities for Indian investors by providing a gateway to international markets through GIFT City.


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The underlying fund has a long track record of over 8 years and seeks to complement investors' domestic portfolios with exposure to global companies, sectors and long-term growth themes across developed markets, including the United States, Europe and Japan.

India continues to be a powerful engine of long-term wealth creation. At the same time, global equities open the door to an expansive investment universe across leading economies, transformative industries and some of the world's most innovative companies. This fund enables investors to complement their India exposure with access to global growth opportunities, creating a more diversified pathway to long-term wealth creation.
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The underlying strategy combines human expertise with systematic research, advanced data analytics, machine learning, alternative data and disciplined risk management to identify investment opportunities across global developed-market equities. It is managed by BlackRock's Systematic Active Equity team, which brings more than four decades of experience in systematic investing.

"The launch of the funds in GIFT City represents a significant step in democratizing access to global investing opportunities. For the first time, Indian investors can access BlackRock's globally proven systematic investing expertise through a GIFT City-based offering designed for their needs,” said Sid Swaminathan, Managing Director and Chief Executive Officer, JioBlackRock Asset Management.

“By combining BlackRock's decades of global investment experience with JioBlackRock's vision of expanding investor access, we are creating a new pathway for investors to participate in growth opportunities beyond India. We believe global diversification will become an increasingly important component of long-term wealth creation, and this launch marks the beginning of our broader ambition to build a world-class investing platform from GIFT City,” Swaminathan further said.

The investment strategy provides exposure to a diversified portfolio of global companies and structural growth themes, including artificial intelligence, semiconductors, industrial transformation, energy infrastructure, biotechnology and other innovation-led sectors. The underlying fund currently maintains broad exposure across developed markets, with a significant allocation to the United States alongside investments in Europe and Japan.
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The fund invests predominantly in units of the BlackRock Advantage World Equity Fund, which follows a disciplined, benchmark-aware investment framework that combines insights from company fundamentals, market sentiment, macroeconomic themes and sustainability-related factors. The strategy is supported by Aladdin®, BlackRock's proprietary investment and risk technology platform, which helps enhance portfolio construction and risk management.

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The minimum initial investment will be USD 5,000 and the minimum additional investment will be USD 1,000. The exit load will be nil.

The indicative total expense ratio will be 0.90% for the direct plan and 1.40% for the regular plan. The fund will allocate 90%–100% of its assets in units of the underlying BlackRock Advantage World Equity Fund

The fund is available through GIFT City, India's international financial services hub, offering eligible investors an efficient route to access global markets under applicable overseas investment frameworks.

The GIFT City structure helps address some of the constraints associated with traditional overseas investing avenues and provides access to a globally diversified investment solution within a regulated international financial centre.


(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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