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In 2025, Mukesh Ambani’s company Jio and American veteran Blackrock are going to make a bang in the world of mutual funds. His joint venture company Jio BlackRock Asset Management is preparing to launch new equity and Debt Mutual Funds. The aim of these funds is to provide direct investment facility to small investors, without any agent or middleman. This will make the investment easier, transparent and cheaper using the digital access of Jio and smart Aladdin technology of Blackrock. While spending in other mutual funds (Expensese Ratio) can range from 1.78% to 2.5%, this expenditure in direct funds of Jio Blackrock will be only 1.2% or less. This is expected to give investors more returns. Aladdin Technology will help the fund manager make better decisions by adding all investment data and risk. This can be a major change in India’s mutual fund market of ₹ 72.2 lakh crore. If you are thinking of investing too, do not miss this opportunity
