DebtShort Duration FundRegularGrowthLow to Moderate

JioBlackRock Short Term Fund

Q: What is the NAV of JioBlackRock Short Term Fund?

As of 15 Oct 2026, the NAV of JioBlackRock Short Term Fund is ₹1,000.41 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Short Term Fund delivered?

JioBlackRock Short Term Fund has returned +0.05% 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 Short Term Fund?

JioBlackRock Short Term Fund charges an expense ratio of 0.99% 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 Short Term Fund?

JioBlackRock Short Term Fund's largest holdings are 6.94% GOI 2036 (11-MAY-2036) (13.1%), 7.7% Small Industries Development Bank Of India (10-Oct-2029) (8.8%), 6.95% REC Ltd (18-Feb-2028) (8.8%), 6.68% LIC Housing Finance Ltd (04-Jun-2028) (8.7%) and Bajaj Finance Ltd (03-Feb-2027) (8.6%). Holdings are disclosed monthly and change over time.

Q: How risky is JioBlackRock Short Term Fund?

JioBlackRock Short Term Fund sits at the low to moderate level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 0.8% 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 Short Term Fund?

JioBlackRock Short Term Fund is benchmarked against the NIFTY Short Duration Debt Index A-II.

Q: Who manages JioBlackRock Short Term Fund?

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

Q: When was JioBlackRock Short Term Fund launched, and what is its objective?

JioBlackRock Short Term Fund was launched on 19 Jan 2026. its stated objective is: The investment objective of the Scheme is to generate income through investment in money market and debt instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. There is no assurance that the investment objective of the Scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

Q: How is JioBlackRock Short Term Fund taxed?

JioBlackRock Short Term 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 Short Duration Mutual Funds

NAV

₹1,000.41

-0.03% 1D

as of 15 Oct 2026

This is the Regular plan of JioBlackRock Short Term 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.

Compare SIP calculator

NAV history

+0.05%absolute

52-week rangePrev NAV ₹1,000.69

Latest ₹1,000.41

Low ₹999.8818th percentile of its 52-week rangeHigh ₹1,002.88

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—

No 3-year record to rank on yet

RiskLow

Volatility 0.8% vs 1.0% category avg

CostAverage

1.0% expense vs 1.0% 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 Short Duration Fund peers (0.8% vs 1.0%)

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.99%

Direct 0.35% · Regular 0.99%

Category 0.97%▲0.02%

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

—

Category —

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

—

Category 0.13

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 Short Duration Debt Index A-II

The scheme's allotment date, as filed in its Scheme Summary Document. This plan's NAV history may begin later — Direct plans only exist from 1 Jan 2013.

19 Jan 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-0.05%

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)

—

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.

+0.05%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.83%

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

-0.25%

Benchmark ratios

Not shown for Short Duration 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 (Short Duration Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.05%	-0.08%	+0.03%
3M abs	—	+0.41%	—
6M abs	—	+2.06%	—
1Y CAGR	—	+3.98%	—
3Y CAGR	—	+6.63%	—
5Y CAGR	—	+5.91%	—

Category average across peers in Short Duration Fund (up to 22 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 Short Term Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

0.99%

AUM

₹105.81Cr

YTM (from holdings)

7.14%

Average maturity

2.06 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 · Short Duration Fund

Compare all


JioBlackRock Short Term FundThis fund Jio BlackRock · Regular · Growth	—	—	—	—	—	0.99%	₹105.81Cr
Axis Short Term Fund Axis · Regular · Growth	★★★★★	+4.50%	+7.11%	+6.11%	—	0.93%	—
Axis Short Term Fund Axis · Regular · Growth	—	+4.50%	+7.09%	+6.10%	—	0.93%	—
HDFC Short Term Fund HDFC · Regular · Growth	★★★★★	+4.30%	+7.02%	+6.12%	—	0.71%	₹14,819Cr
ICICI Prudential Short Term Fund ICICI Prudential · Regular · Growth	★★★★★	+4.55%	+6.95%	+6.35%	—	1.05%	₹19,244Cr
Bank of India Short Term Fund Bank of India · Regular · Growth	★★☆☆☆	+3.88%	+6.93%	+10.21%	—	1.19%	₹266.13Cr

Asset allocation

As on 30 Sep 2026 · AMC disclosure

Debt92.80%
Cash & Equivalents7.20%

which companies this fund invests in

As on 30 Sep 2026 · AMC disclosure

Bajaj Finance Ltd (03-Feb-2027)

8.63%

Bank of Baroda (05-Mar-2027)

8.60%

National Bank For Agriculture & Rural Development (02-Mar-2027)

8.59%

Punjab National Bank (09-Mar-2027)

8.59%

Mahindra & Mahindra Financial Services Ltd (25-Feb-2027)

8.59%

Union Bank of India (12-Mar-2027)

8.58%

Canara Bank (12-Mar-2027)

1.72%

Corporate Debt Market Development Fund Class A2

0.21%

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

₹22,467Cr+25.0% QoQ

Avg AUM · July - September 2026

Website

jioblackrockamc.com

Fund Managers

ARArun RamachandranStart date not disclosed

Role

Co-Head Cash and Fixed Income

Education

Financial Risk Management (2010) • Post Graduate Diploma in 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 (7)

All schemes Arun Ramachandran runs →

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 01, 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 (7)

All schemes Siddharth Deb 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 (6)

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

Arun Ramachandran Siddharth Deb 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 Short Duration funds

Short duration funds run a Macaulay duration of 1 to 3 years. Long enough to earn more than a liquid or ultra short fund, short enough that a rate move does not swing the NAV the way it does in a long duration fund.

Frequently asked questions

What is the NAV of JioBlackRock Short Term Fund?

As of 15 Oct 2026, the NAV of JioBlackRock Short Term Fund is ₹1,000.41 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Short Term Fund delivered?

JioBlackRock Short Term Fund has returned +0.05% 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 Short Term Fund?

JioBlackRock Short Term Fund charges an expense ratio of 0.99% 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 Short Term Fund?

JioBlackRock Short Term Fund's largest holdings are 6.94% GOI 2036 (11-MAY-2036) (13.1%), 7.7% Small Industries Development Bank Of India (10-Oct-2029) (8.8%), 6.95% REC Ltd (18-Feb-2028) (8.8%), 6.68% LIC Housing Finance Ltd (04-Jun-2028) (8.7%) and Bajaj Finance Ltd (03-Feb-2027) (8.6%). Holdings are disclosed monthly and change over time.

How risky is JioBlackRock Short Term Fund?

JioBlackRock Short Term Fund sits at the low to moderate level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 0.8% 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 Short Term Fund?

JioBlackRock Short Term Fund is benchmarked against the NIFTY Short Duration Debt Index A-II.

Who manages JioBlackRock Short Term Fund?

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

When was JioBlackRock Short Term Fund launched, and what is its objective?

JioBlackRock Short Term Fund was launched on 19 Jan 2026. its stated objective is: The investment objective of the Scheme is to generate income through investment in money market and debt instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years. There is no assurance that the investment objective of the Scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

How is JioBlackRock Short Term Fund taxed?

JioBlackRock Short Term 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.