Branch2 Intelligence
JioBlackRock Asset Management plans to launch one fund every month, wants to be “very digital” in terms of distribution
Key takeaway
JioBlackRock plans monthly fund launches, starting with a hybrid long-short interval fund.
- Step 11st-order: JioBlackRock announces monthly fund launches and a hybrid long-short interval fund.
- Step 22nd-order: Incumbent asset managers face competitive pressure to launch similar interval products or enhance digital distribution.
- Step 33rd-order: Increased product innovation and fee compression in the Indian mutual fund industry as players compete for market share.
Source: IN:The Hindu BusinessLine
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