From video
Interpreted Prediction
The formation of JO Blackrock is not expected to kill existing competitors but rather to expand the mutual fund market in India.
AI Evaluation Notes
Based on reports, the Indian mutual fund industry has continued to grow since the introduction of JO BlackRock, though quantifying the exact impact is difficult. While JO BlackRock has entered the market, the overall effect seems to be market expansion rather than a decline in existing competitors [cite: i].