Jio BlackRock Investment Advisers, a joint venture equally owned by Jio Financial Services (JFSL) and BlackRock, has launched an online advisory platform called JioBlackRock Personalised Investment Advice.
The service offers investment guidance using BlackRock’s Aladdin technology in combination with Jio Financial Services’ digital infrastructure.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Investors will receive tailored portfolios based on their individual goals and risk tolerance.
JFSL non-executive director Isha M Ambani said: “At JioBlackRock, our mission is to harness technology to unleash the untapped power of household savings and transform India from a nation of savers to a nation of confident investors.
“By combining Jio’s extensive scale and reach with BlackRock’s pedigreed global experience, we are democratising access to world-class investment advice by working towards becoming every Indian’s trusted financial advisor.”
Accounts can be opened with a minimum of Rs10,000 ($110.7).
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe platform continuously reviews portfolios using automated tools, sending alerts to investors when rebalancing may be necessary in response to changes in the market.
The annual fee for the service is set at Rs350, or 0.35% per year for assets under advisory exceeding Rs100,000.
An initial three-month period is being provided free of charge.
BlackRock chief operating officer Rob Goldstein said: “JioBlackRock is taking another exciting step forward today on its journey to revolutionise investing for the people of India. We are introducing a new standard for advice in the country: personalised investment advice, delivered online and underpinned by institutional quality risk analytics from Aladdin at its core, to help Indians achieve their investment objectives.
“By pairing this technology with Jio’s digital reach, we are delivering access to the power of financial markets, in an individually tailored way, to millions more people, up and down the country.”
Jio BlackRock Investment Advisers obtained its licence from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser in June last year.
