DebtLiquid FundRegularGrowthLow

JioBlackRock Liquid Fund

Q: What is the NAV of JioBlackRock Liquid Fund?

As of 07 Oct 2026, the NAV of JioBlackRock Liquid Fund is ₹1,008.10 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Liquid Fund delivered?

JioBlackRock Liquid Fund has returned +0.80% 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 Liquid Fund?

JioBlackRock Liquid Fund charges an expense ratio of 0.23% 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 Liquid Fund?

JioBlackRock Liquid Fund's largest holdings are Canara Bank (23-Nov-2026) (4.9%), National Bank For Agriculture & Rural Development (23-Nov-2026) (4.0%), 91 DTB (29-OCT-2026) (4.0%), Kotak Securities Ltd (25-Sep-2026) (3.9%) and Grasim Industries Ltd (17-Sep-2026) (2.9%). Holdings are disclosed monthly and change over time.

Q: How risky is JioBlackRock Liquid Fund?

JioBlackRock Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. 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 Liquid Fund?

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

Q: Who manages JioBlackRock Liquid Fund?

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

Q: How is JioBlackRock Liquid Fund taxed?

JioBlackRock Liquid 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 Liquid Mutual Funds

NAV

₹1,008.10

+0.02% 1D

as of 07 Oct 2026

This is the Regular plan of JioBlackRock Liquid 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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NAV history

+0.80%absolute

52-week rangePrev NAV ₹1,007.91

Latest ₹1,008.10

Low ₹1,000.14100th percentile of its 52-week rangeHigh ₹1,008.10

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 Liquid Fund peers to rank yet

RiskModerate

Volatility 0.2% vs 0.2% category avg

CostLow

0.2% expense vs 0.3% 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

Low expense ratio (0.23%) vs the Liquid Fund average of 0.26%

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.23%

Category 0.26%▼0.03%

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

Regular · Growth

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

None

Day at which investor Exit Load as a % of redemption exits from the scheme proceeds from date of allotment Day 1 0.0070% Day 2 0.0065% Day 3 0.0060% Day 4 0.0055% Day 5 0.0050% Day 6 0.0045% Day 7 onwards 0.0000%

Up to 0.01%

tiered — see the full terms

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 Liquid 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.

21 Aug 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.46%

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)

+0.80%

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.

+0.80%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.17%

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

-0.01%

Benchmark ratios

Not shown for Liquid 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 (Liquid Fund)

Period	Fund	Category avg.	Diff
1M abs	+0.46%	+0.45%	+0.01%
3M abs	—	+1.53%	—
6M abs	—	+3.15%	—
1Y CAGR	—	+6.28%	—
3Y CAGR	—	+6.74%	—
5Y CAGR	—	+6.18%	—

Category average across peers in Liquid Fund (up to 45 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 Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

0.23%

AUM

₹11,524Cr

YTM (from holdings)

6.07%

Average maturity

40 days

Exit load

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 · Liquid Fund

Compare all


JioBlackRock Liquid FundThis fund Jio BlackRock · Regular · Growth	—	—	—	—	—	0.23%	₹11,524Cr
Franklin India Liquid Fund - Regular Plan - Unclaimed Redemption Franklin Templeton · Regular · Growth	—	+6.53%	+6.97%	+6.40%	—	—	₹45.00K
Bank of India Liquid Fund Bank of India · Regular · Growth	★★★★☆	+6.48%	+6.92%	+6.37%	—	0.15%	₹1,895Cr
Franklin India Liquid Fund - Regular Plan - Super Franklin Templeton · Regular · Institutional · Growth	★★★★★	+6.47%	+6.91%	+6.33%	—	0.20%	₹5,992Cr
Axis Liquid Fund Axis · Regular · Growth	★★★★★	+6.48%	+6.90%	+6.35%	—	0.23%	₹59,483Cr
DSP Liquid Fund DSP · Regular · Growth	★★★★★	+6.44%	+6.87%	+6.31%	—	0.21%	₹26,732Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt92.35%
Cash & Equivalents7.65%

Cash & cash-like: 18.76% — the 7.65% 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

Canara Bank (23-Nov-2026)

4.86%

National Bank For Agriculture & Rural Development (23-Nov-2026)

4.05%

Kotak Securities Ltd (25-Sep-2026)

3.88%

Grasim Industries Ltd (17-Sep-2026)

2.87%

LIC Housing Finance Ltd (11-Nov-2026)

2.84%

ICICI Securities Ltd (10-Sep-2026)

2.79%

Axis Bank Ltd (16-Sep-2026)

2.66%

REC Ltd (22-Oct-2026)

2.65%

NTPC Ltd (23-Sep-2026)

2.46%

ICICI Securities Ltd (26-Nov-2026)

2.42%

Fund size over time

Quarterly average AUM · AMFI

₹11,524Cr

July - September 2026

+38%

since January - March 2026

At or near its largest, ₹11,524Cr in July - September 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.

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

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 MehtaManaging since 26 Dec 2024

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 Liquid funds

Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.

Frequently asked questions

What is the NAV of JioBlackRock Liquid Fund?

As of 07 Oct 2026, the NAV of JioBlackRock Liquid Fund is ₹1,008.10 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Liquid Fund delivered?

JioBlackRock Liquid Fund has returned +0.80% 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 Liquid Fund?

JioBlackRock Liquid Fund charges an expense ratio of 0.23% 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 Liquid Fund?

JioBlackRock Liquid Fund's largest holdings are Canara Bank (23-Nov-2026) (4.9%), National Bank For Agriculture & Rural Development (23-Nov-2026) (4.0%), 91 DTB (29-OCT-2026) (4.0%), Kotak Securities Ltd (25-Sep-2026) (3.9%) and Grasim Industries Ltd (17-Sep-2026) (2.9%). Holdings are disclosed monthly and change over time.

How risky is JioBlackRock Liquid Fund?

JioBlackRock Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.0%. 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 Liquid Fund?

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

Who manages JioBlackRock Liquid Fund?

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

How is JioBlackRock Liquid Fund taxed?

JioBlackRock Liquid 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.