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JioBlackRock Money Market Fund

Q: What is the NAV of JioBlackRock Money Market Fund?

As of 01 Oct 2026, the NAV of JioBlackRock Money Market Fund is ₹1,079.72 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Money Market Fund delivered?

JioBlackRock Money Market Fund has returned +6.43% over 1 year and +6.33% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund charges an expense ratio of 0.16% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund's largest holdings are ICICI Home Finance Co Ltd (24-Jun-2027) (8.2%), 5.74% GOI 2026 (15-NOV-2026) (7.4%), HDFC Bank Ltd (05-Mar-2027) (6.7%), Canara Bank (12-Mar-2027) (6.2%) and ICICI Securities Ltd (14-Jun-2027) (5.5%). Holdings are disclosed monthly and change over time.

Q: How risky is JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.5% and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is benchmarked against the Nifty Money Market Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is managed by Siddharth Deb, Arun Ramachandran and Vikrant Mehta at Jio BlackRock.

Q: How is JioBlackRock Money Market Fund taxed?

JioBlackRock Money Market Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Jio BlackRock Mutual Fund · Best Money Market Mutual Funds

NAV

₹1,079.72

+0.04% 1D

as of 01 Oct 2026

This is the Direct plan of JioBlackRock Money Market Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+6.44%CAGR

52-week rangePrev NAV ₹1,079.28

Latest ₹1,079.72

Low ₹1,014.51100th percentile of its 52-week rangeHigh ₹1,079.72

Scorecard

★☆☆☆☆1/5 vs 25 of 26 Money Market Fund peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Money Market Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 25 of the 26 Money Market Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Money Market Fund peers to rank yet

RiskHigh

Volatility 0.5% vs 0.4% category avg

CostAverage

0.2% expense vs 0.2% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Ranks #23 of 25 on 1-year return in its Money Market Fund cohort
More volatile than its Money Market Fund peers (0.5% vs 0.4%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.16%

Category 0.17%▼0.01%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty Money Market Index A-I

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

07 Jul 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.51%

Absolute return over the last 3 months (not annualized)

+1.58%

Absolute return over the last 6 months (not annualized)

+3.52%

Absolute return since 1 Jan of this year (not annualized)

+4.89%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+6.43%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.33%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.49%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.21%

Benchmark ratios

Not shown for Money Market Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Money Market Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.51%	+0.52%	-0.01%
3M abs	+1.58%	+1.59%	-0.01%
6M abs	+3.52%	+3.63%	-0.11%
1Y CAGR	+6.43%	+6.54%	-0.11%
3Y CAGR	—	+7.32%	—
5Y CAGR	—	+6.66%	—

Category average across peers in Money Market Fund (up to 26 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 26 peers in Money Market Fund

1Y return

+6.43%

Beats 8.3% · rank #23

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.24L

Absolute

+3.09%

XIRR

+6.80%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into JioBlackRock Money Market Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+4.89%
2025part	+2.85%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

300

Expense ratio

0.16%

AUM

₹2,873Cr

YTM (from holdings)

6.85%

Average maturity

0.58 years

Exit load

NIL

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Money Market Fund

Compare all


JioBlackRock Money Market FundThis fund Jio BlackRock · Direct · Growth	★☆☆☆☆ 1Y	+6.43%	—	—	—	0.16%	₹2,873Cr
Tata Money Market Fund Tata · Direct · Growth	★★★☆☆	+6.64%	+7.52%	+6.88%	—	0.18%	₹34,494Cr
Axis Money Market Fund Axis · Direct · Growth	★★★☆☆	+6.60%	+7.45%	+6.79%	—	0.18%	₹19,509Cr
Aditya Birla Sun Life Money Market Fund Aditya Birla Sun Life · Direct · Growth	★★★☆☆	+6.54%	+7.42%	+6.78%	—	0.22%	—
Bandhan Money Market Fund Bandhan · Direct · Growth	★★★★☆	+6.63%	+7.41%	+6.71%	—	0.11%	₹15,106Cr
Nippon India Money Market Fund Nippon India · Direct · Growth	★★★☆☆	+6.51%	+7.41%	+6.80%	—	0.22%	₹21,540Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt100.75%

Cash & cash-like: 4.23% — the 0.00% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

ICICI Home Finance Co Ltd (24-Jun-2027)

8.18%

HDFC Bank Ltd (05-Mar-2027)

6.70%

Canara Bank (12-Mar-2027)

6.22%

ICICI Securities Ltd (14-Jun-2027)

5.45%

National Bank For Agriculture & Rural Development (17-Mar-2027)

4.87%

Bank of Baroda (05-Mar-2027)

4.19%

Cholamandalam Investment and Finance Co Ltd (10-Mar-2027)

4.17%

Export-Import Bank Of India (01-Mar-2027)

2.79%

Union Bank of India (15-Mar-2027)

2.79%

Union Bank of India (16-Mar-2027)

2.79%

Fund size over time

Quarterly average AUM · AMFI

₹2,873Cr

April - June 2026

-3%

since January - March 2026

−₹122.62Cr

est. net flow, last quarter

At or near its largest, ₹2,957Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Jio BlackRock Mutual Fund is a 50:50 joint venture between Jio Financial Services and BlackRock, the world's largest asset manager. It began operations in 2025 with debt schemes and is building out its index and active range.

Launched

25 May 2025

Total AUM

₹17,979Cr+7.6% QoQ

Avg AUM · April - June 2026

Website

jioblackrockamc.com

Fund Managers

SDSiddharth DebStart date not disclosed

Role

Senior Fund Manager

Education

MMS Finance from University of Mumbai B.Sc. (Zoology) from University of Kolkata

Experience

• JioBlackRock AMC (Senior Fund Manager) – May 1, 2025 – Present. • Nippon Life India Asset Management Limited (Fund Manager) – November 2016 – April 2025. • Goldman Sachs Asset Management India (Fund Manager) – August 2011 – November 2016.

Funds managed (6)

All schemes Siddharth Deb runs →

ARArun RamachandranStart date not disclosed

Role

Co-Head Cash and Fixed Income

Education

Financial Risk Management (2010) Post Graduate Diploma in Business Administration (Mumbai Education Trust – 2006)

Experience

• JioBlackRock AMC (Fund Manager – Fixed Income) – December 27, 2024 – Present. • SBI Funds Management Limited (Fund Manager – Fixed Income) – March 02, 2009 – December 26, 2024.

Funds managed (5)

All schemes Arun Ramachandran runs →

VMVikrant MehtaStart date not disclosed

Role

Co-Head Cash and Fixed Income

Education

M.S. (Engineering) from Kiev Polytechnical Institute, Ukraine Chartered Financial Analyst, Institute of Chartered Financial Analysts of India (ICFAI)

Experience

• JioBlackRock AMC (Senior Fund Manager) - December 02, 2024 – Present. • ITI Asset Management Limited (Head – Fixed Income and Portfolio Manager) – January 15, 2021 – November 14, 2024. • Indiabulls Asset Management Company Limited (Head – Fixed Income and Portfolio Manager) – January 28, 2019 – May 31, 2020. • PineBridge India Private Limited (Vice President – Fixed Income) – December 04, 2006 – December 31, 2018.

Funds managed (5)

All schemes Vikrant Mehta runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Siddharth Deb Arun Ramachandran Vikrant Mehta

Jio BlackRock in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Money Market funds

Money market funds hold only money market instruments — treasury bills, commercial paper, certificates of deposit — maturing within one year. The one-year ceiling is on each instrument, which keeps both interest-rate and credit risk short.

Frequently asked questions

What is the NAV of JioBlackRock Money Market Fund?

As of 01 Oct 2026, the NAV of JioBlackRock Money Market Fund is ₹1,079.72 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Money Market Fund delivered?

JioBlackRock Money Market Fund has returned +6.43% over 1 year and +6.33% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund charges an expense ratio of 0.16% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund's largest holdings are ICICI Home Finance Co Ltd (24-Jun-2027) (8.2%), 5.74% GOI 2026 (15-NOV-2026) (7.4%), HDFC Bank Ltd (05-Mar-2027) (6.7%), Canara Bank (12-Mar-2027) (6.2%) and ICICI Securities Ltd (14-Jun-2027) (5.5%). Holdings are disclosed monthly and change over time.

How risky is JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.5% and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is benchmarked against the Nifty Money Market Index A-I. Its alpha and beta on this page are measured against that index.

Who manages JioBlackRock Money Market Fund?

JioBlackRock Money Market Fund is managed by Siddharth Deb, Arun Ramachandran and Vikrant Mehta at Jio BlackRock.

How is JioBlackRock Money Market Fund taxed?

JioBlackRock Money Market Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.