Jio BlackRock International AMC (IFSC) Private Limited (JBIFSC), a wholly owned subsidiary of JioBlackRock Asset Management Private Limited, today announced the launch of the JioBlackRock Advantage World Equity Fund (IFSC), an open-ended fund of funds Retail Scheme that invests in the BlackRock Advantage World Equity Fund under the IFSCA FM Regulations.
The fund is designed to provide investors with 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. The underlying fund has a track record of over eight 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.
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.
Sid Swaminathan, Managing Director and Chief Executive Officer of JioBlackRock Asset Management, said:
“The launch of the funds in GIFT City represents a significant step in democratising 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.
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.
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.
- Minimum initial investment: USD 5,000
- Minimum additional investment: USD 1,000
- Exit load: Nil
- Indicative Total Expense Ratio: 0.90% for the Direct Plan and 1.40% for the Regular Plan
- Asset allocation: 90%–100% investment 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.