India’s equity market is expected to weather tariff fluctuations and stabilize by the next quarter, according to Sid Swaminathan, Managing Director and CEO of JioBlackRock. Swaminathan made this statement during the Chennai launch of JioBlackRock’s Flexi Cap Fund.
He acknowledged the potential for short-term volatility but affirmed a generally optimistic outlook for India’s economic prospects. “The outlook for India continues to be very bullish,” he remarked, adding that firms focused on artificial intelligence and digital technologies are anticipated to experience the most substantial growth in the coming years.
JioBlackRock, a 50-50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock, aims to establish itself as a competitive player in India’s mutual fund market, which boasts over 40 participants.
The newly introduced flexi cap fund will leverage BlackRock’s Systematic Active Equity approach, which combines big data, advanced analytics, and human expertise to achieve distinctive investment results. The fund will carry an expense ratio of 0.50 percent and will not impose an exit load. The New Fund Offer (NFO) is set to conclude on Tuesday, October 7, 2025.
The article was published on September 30, 2025.