EquityLarge Cap FundRegularGrowthVery High

JioBlackRock Large Cap Fund

Q: What is the NAV of JioBlackRock Large Cap Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Large Cap Fund is ₹9.26 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Large Cap Fund delivered?

JioBlackRock Large Cap Fund has returned -6.88% 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 Large Cap Fund?

JioBlackRock Large Cap Fund charges an expense ratio of 2.41% 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 Large Cap Fund?

JioBlackRock Large Cap Fund's largest holdings are ICICI Bank Ltd (8.0%), HDFC Bank Ltd (7.3%), Bharti Airtel Ltd (5.6%), State Bank of India (5.5%) and Reliance Industries Ltd (4.6%). Holdings are disclosed monthly and change over time.

Q: How risky is JioBlackRock Large Cap Fund?

JioBlackRock Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.1% and its worst peak-to-trough fall in our sample was -8.0%. 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 Large Cap Fund?

JioBlackRock Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages JioBlackRock Large Cap Fund?

JioBlackRock Large Cap Fund is managed by Tanvi Kacheria and Sahil Chaudhary at Jio BlackRock.

Q: How is JioBlackRock Large Cap Fund taxed?

JioBlackRock Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Jio BlackRock Mutual Fund · Best Large Cap Mutual Funds

NAV

₹9.26

+0.54% 1D

as of 05 Oct 2026

This is the Regular plan of JioBlackRock Large Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-6.88%absolute

52-week rangePrev NAV ₹9.21

Latest ₹9.26

Low ₹9.216th percentile of its 52-week rangeHigh ₹10.01

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Large Cap Fund peers to rank yet

RiskLow

Volatility 9.1% vs 13.5% category avg

CostAverage

2.4% expense vs 2.2% 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

Less volatile than its Large Cap Fund peers (9.1% vs 13.5%)

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.41%

Category 2.20%▲0.21%

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

15.40

Category —

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

—

Category 0.12

Scheme Info

Definitions

Plan

Regular · 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 100 TRI

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.

18 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-5.51%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

-6.88%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

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.

-6.88%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

9.07%

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

-7.97%

Benchmark ratios (vs Nifty 100 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 100 TRI

—

Sensitivity to Nifty 100 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 100 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 100 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Large Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-5.51%	-4.91%	-0.60%
3M abs	—	-4.88%	—
6M abs	—	+4.00%	—
1Y CAGR	—	-5.06%	—
3Y CAGR	—	+8.18%	—
5Y CAGR	—	+6.84%	—

Category average across peers in Large Cap Fund (up to 34 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.

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

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

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

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio up: 1.93% → 2.41%
02 Oct 2026

History points

Expense ratio

2.41%

AUM

₹33.16Cr

Portfolio turnover

60%

Exit load

Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

15.4

P/B ratio

3.2

Avg market cap

₹5,15,604Cr

P/E & P/B are portfolio-weighted harmonic means across 71 of 75 equity holdings (99% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

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 · Large Cap Fund

Compare all


JioBlackRock Large Cap FundThis fund Jio BlackRock · Regular · Growth	—	—	—	—	—	2.41%	₹33.16Cr
Taurus Large Cap Fund Taurus · Regular · Growth	★★☆☆☆	+6.58%	+13.11%	+9.84%	—	2.73%	₹49.42Cr
quant Large Cap Fund quant · Regular · Growth	★★★☆☆	+2.14%	+11.72%	—	—	2.87%	₹3,172Cr
Invesco India Large Cap Fund Invesco · Regular · Growth	★★★☆☆	-1.38%	+11.49%	+8.77%	—	2.18%	—
Bandhan Large Cap Fund Bandhan · Regular · Growth	★★★☆☆	-3.23%	+10.69%	+8.16%	—	2.21%	₹2,004Cr
Bank of India Large Cap Fund Bank of India · Regular · Growth	★★★☆☆	+0.37%	+10.47%	+7.41%	—	2.74%	₹212.41Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap83.9%
Mid cap13.7%
Small cap2.4%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity99.72%
Cash & Equivalents0.28%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
JioBlackRock Flexi Cap Fund Jio BlackRock · Flexi Cap Fund	72.5%!	★☆☆☆☆	1.11%	—
Parag Parikh Large Cap Fund PPFAS · Large Cap Fund	60.7%	—	0.32%	—
Nippon India ETF Nifty 100 Nippon India · Other ETFs	60.6%	—	0.51%	+7.29%
Axis Nifty 100 Index Fund Axis · Index Funds	60.6%	★★★★☆	0.26%	+7.57%
Bandhan Nifty 100 Index Fund Bandhan · Index Funds	60.6%	★★★★☆	0.18%	+7.65%
Zerodha Nifty 100 ETF Zerodha · Other ETFs	60.6%	—	0.28%	—
HDFC NIFTY 100 Index Fund HDFC · Index Funds	60.6%	★★★☆☆	0.35%	+7.44%
Baroda BNP Paribas Nifty 50 Index Fund Baroda BNP Paribas · Index Funds	59.3%	★☆☆☆☆	0.48%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-8.0%25 Aug 2026 → 01 Oct 2026
Still below that high — 37 days down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

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

TKTanvi KacheriaStart date not disclosed

Role

Fund Manager

Education

• CFA Charter Holder Chartered Financial Analyst Institute. • BA in Biological Sciences minor Business Administration from University of Southern California.

Experience

• JioBlackRock Asset from Management Private Limited (Fund Management) - December 01, 2024 Present. with • Jio Financial Services Limited in (Special Projects) – April 10, 2024 – November 30, 2024. • BlackRock Financial Management Inc. (Portfolio Management) – July 3, 2017 – August 26, 2023. • Los Angeles Capital Management (Quantitative Institutional Asset Manager) – July 20, 2011 – June 15, 2017.

Funds managed (6)

All schemes Tanvi Kacheria runs →

SCSahil ChaudharyStart date not disclosed

Role

Lead Research Analyst, Investments

Education

• Bachelor Technology from Dhirubhai Ambani Institute of Information Communication Technology

Experience

• JioBlackRock Asset Management Private Limited (Fund Management) - December 01, 2024 Present. • BlackRock Services India Pvt Ltd. (Investments – MultiAsset Research & Portfolio Management) – June 24, 2019 – November 30, 2024. • FIL Research (India) Private Limited (Investment – Equities Product Specialist) - January 09, 2017 - June 21, 2019. • Evalueserve Private Limited (Investments - Equity Research) – June 23, 2014 – January 02, 2017 • Sapient Consulting Limited (Technology) – August 01, 2011 – June 13, 2014

Funds managed (2)

All schemes Sahil Chaudhary 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

Tanvi Kacheria Sahil Chaudhary

Top holdings

ICICI Bank Ltd HDFC Bank Ltd Bharti Airtel Ltd State Bank of India Reliance Industries Ltd Mahindra & Mahindra Ltd Larsen & Toubro Ltd Tata Steel Ltd Apollo Tyres Ltd Nestle India Ltd Oil & Natural Gas Corporation Ltd Infosys Ltd

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 Large Cap funds

Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.

Frequently asked questions

What is the NAV of JioBlackRock Large Cap Fund?

As of 05 Oct 2026, the NAV of JioBlackRock Large Cap Fund is ₹9.26 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Large Cap Fund delivered?

JioBlackRock Large Cap Fund has returned -6.88% 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 Large Cap Fund?

JioBlackRock Large Cap Fund charges an expense ratio of 2.41% 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 Large Cap Fund?

JioBlackRock Large Cap Fund's largest holdings are ICICI Bank Ltd (8.0%), HDFC Bank Ltd (7.3%), Bharti Airtel Ltd (5.6%), State Bank of India (5.5%) and Reliance Industries Ltd (4.6%). Holdings are disclosed monthly and change over time.

How risky is JioBlackRock Large Cap Fund?

JioBlackRock Large Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.1% and its worst peak-to-trough fall in our sample was -8.0%. 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 Large Cap Fund?

JioBlackRock Large Cap Fund is benchmarked against the NIFTY 100 TRI. Its alpha and beta on this page are measured against that index.

Who manages JioBlackRock Large Cap Fund?

JioBlackRock Large Cap Fund is managed by Tanvi Kacheria and Sahil Chaudhary at Jio BlackRock.

How is JioBlackRock Large Cap Fund taxed?

JioBlackRock Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.