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  1. Paytm parent firm One97 Communications shares trade lower on this key update; check details

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Paytm parent firm One97 Communications shares trade lower on this key update; check details

Upstox

3 min read | Updated on September 24, 2025, 10:26 IST

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SUMMARY

Paytm share price: According to news reports, Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL), announced a partnership with JioBlackRock for India's first Systematic Active Equity (SAE) fund for retail investors.

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Paytm share price, Sept 24

Paytm was founded in 2010. | Image: Shutterstock

Paytm share price: Shares of One97 Communications, the parent firm of fintech Paytm, were trading lower in the morning trade on Wednesday, September 24, at ₹1,174.50 apiece on the NSE, as Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL), announced the launch of India’s first Systematic Active Equity (SAE) fund to retail investors.

In partnership with JioBlackRock, Paytm Money will offer subscriptions to the JioBlackRock Flexi Cap Fund, an equity scheme leveraging BlackRock’s SAE approach for the first time in India.

In partnership with JioBlackRock, Paytm Money will offer subscriptions to the JioBlackRock Flexi Cap Fund, an equity scheme leveraging BlackRock's SAE approach for the first time in India.

Jio BlackRock is a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, the world's largest asset manager.

The New Fund Offer (NFO) opened on September 23, 2025, and will close on October 7, 2025, and will be available exclusively on the Paytm Money app. Investors can begin with a minimum investment of just ₹500 through SIP or lump sum.

This launch marks a significant milestone in bringing equity strategies to retail investors in India, the company said.

Developed by BlackRock, the SAE approach combines artificial intelligence, machine learning, and alternative data sources such as consumer transactions and search activity with the expertise of experienced fund managers. BlackRock's Aladdin®, a risk and investment management platform, further enhances the investment process.

These methods are used to analyse large and complex data sets to generate investment insights across nearly 1,000 Indian companies.

Jio BlackRock Flexi Cap Fund is an open-ended dynamic equity scheme investing across large-cap, mid-cap, and small-cap stocks. This fund aims to provide long-term capital appreciation by offering investment opportunities across companies of all sizes, ensuring flexibility without size restrictions.

The fund offers the flexibility to dynamically adjust the portfolio mix, optimising returns while managing risk across different market segments by leveraging human expertise alongside AI and data-driven approaches.

The fund will be managed by Tanvi Kacheria and Sahil Chaudhary, with the Nifty 500 Index (TRI) serving as its benchmark.

A Paytm Money spokesperson said, "We have partnered with JioBlackRock to bring their flagship Flexi Cap SAE fund to retail investors in India. The entry point has been lowered to just ₹500, enabling every Indian investor to access strategies that were earlier available only to global institutions."

A JioBlackRock spokesperson said, "We are pleased to partner with Paytm Money to expand retail access to our Systematic Active Equity capabilities. For a digital-first AMC, having a partner like Paytm Money with a wide distribution reach, we aim to offer a scalable, low-cost equity solution suited to India's expanding market breadth."

About Paytm Money

Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL), is a wealth-tech platform. It enables investments in a diverse array of financial products, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments.

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