497 1 e44772_497.htm SUPPLEMENT

BLACKROCK FUNDSSM
BlackRock India Fund

Supplement dated August 10, 2011 to the Prospectus dated April 29, 2011

The following changes are made to the Prospectus of BlackRock India Fund (the “Fund”).

The section in the Prospectus captioned “Fund Overview — Key Facts About BlackRock India Fund — Portfolio Advisors” is deleted in its entirety and replaced with the following:

Portfolio Advisors

Name Role Since Title

Andrew Swan Primarily responsible for the day-to-day 2011 Managing Director of BlackRock (Hong
  management of the Fund, including   Kong) Limited
  setting the Fund’s overall strategy and    
  overseeing the management of the    
  Fund.    

Anup Maheshwari Provides research and non-discretionary 2011 Executive Vice President & Head of
  advice on the purchases and sales of   Equities, DSP BlackRock Investment
  individual securities   Managers Pvt. Ltd.

Apoorva Shah Provides research and non-discretionary 2011 Executive Vice President of Equities, DSP
  advice on the purchases and sales of   BlackRock Investment Managers Pvt. Ltd.
  individual securities    


Mr. Swan is a portfolio manager with BlackRock (Hong Kong) Limited. Messrs. Maheshwari and Shah of DSP BlackRock Investment Managers Pvt. Ltd. (“DSP BlackRock”), an affiliate of BlackRock, provide non-discretionary advice on the purchases and sales of individual securities. The non-discretionary advice provided by DSP BlackRock is in the form of recommendations to BlackRock that are not binding on the portfolio manager. All investment advice given is provided through and under the supervision of BlackRock.

The section in the Prospectus captioned “Details About the Fund — How the Fund Invests — About the Portfolio Advisors of the Fund” is deleted in its entirety and replaced with the following:

ABOUT THE PORTFOLIO ADVISORS OF THE FUND

Andrew Swan is the portfolio manager of the Fund and is primarily responsible for the day-to-day management of the Fund. In addition, Anup Maheshwari and Apoorva Shah provide research and non-discretionary advice on the purchases and sales of individual securities. See “Management of the Fund — Portfolio Advisors Information” for additional information about the portfolio advisors.




The section in the Prospectus captioned “Management of the Fund — Portfolio Advisors Information” is deleted in its entirety and replaced with the following:

Information regarding the portfolio advisors of the Fund is set forth below. Further information regarding the portfolio advisors, including other accounts managed, compensation, ownership of Fund shares and possible conflicts of interest, is available in the SAI.

Name Primary Role Since Title and Recent Biography

Andrew Swan Primarily responsible for the day-to-day 2011 Managing Director of BlackRock (Hong
  management of the Fund, including   Kong) Limited since 2011; Portfolio
  setting the overall investment strategy   Manager with JF Asset Management from
  and overseeing the management of the   2004 to 2011
  Fund    

Anup Maheshwari Provides research and non-discretionary 2011 Executive Vice President, Head of Equities
  advice on the purchases and sales of   and portfolio manager, DSP BlackRock
  individual securities   since 2006; Chief Investment Officer at
      HSBC Asset Management from 2005 to
      2006

Apoorva Shah Provides research and non-discretionary 2011 Executive Vice President of Equities and
  advice on the purchases and sales of   portfolio manager, DSP BlackRock since
  individual securities   2009; Senior Vice President of DSP
      BlackRock from 2006 to 2009


The non-discretionary advice provided by DSP BlackRock is in the form of recommendations to BlackRock that are not binding on the portfolio manager. All investment advice given is provided through and under the supervision of BlackRock. BlackRock will have ultimate decision-making authority with respect to security selection.

Shareholders should retain this Supplement for future reference.

 

ALLPR-IF-0811SUP