HybridDynamic Asset Allocation or Balanced AdvantageRegularGrowthHigh

JioBlackRock Balanced Advantage Fund

Q: What is the NAV of JioBlackRock Balanced Advantage Fund?

As of 09 Oct 2026, the NAV of JioBlackRock Balanced Advantage Fund is ₹10.04 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has JioBlackRock Balanced Advantage Fund delivered?

JioBlackRock Balanced Advantage Fund has returned +0.77% 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 Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund charges an expense ratio of 2.07% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is JioBlackRock Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is rated high on SEBI's risk-o-meter 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 Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is benchmarked against the Tier I Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index (TRI) As prescribed under SEBI Master Circular for Mutual F. Its alpha and beta on this page are measured against that index.

Q: Who manages JioBlackRock Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is managed by Tanvi Kacheria, Arun Ramachandran, Siddharth Deb, Vikrant Mehta, Sahil Chaudhary and Virendra Kumar at Jio BlackRock.

Q: How is JioBlackRock Balanced Advantage Fund taxed?

JioBlackRock Balanced Advantage 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 Balanced Advantage Mutual Funds

NAV

₹10.04

+0.77% 1D

as of 09 Oct 2026

This is the Regular plan of JioBlackRock Balanced Advantage 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

+0.77%absolute

52-week rangePrev NAV ₹9.96

Latest ₹10.04

Low ₹9.96100th percentile of its 52-week rangeHigh ₹10.04

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 Dynamic Asset Allocation or Balanced Advantage peers to rank yet

Risk—

Volatility not available yet

CostAverage

2.1% expense vs 2.3% 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 (2.07%) vs the Dynamic Asset Allocation or Balanced Advantage average of 2.30%

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.07%

Category 2.30%▼0.23%

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.

—

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Tier I Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index (TRI) As prescribed under SEBI Master Circular for Mutual F

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.

08 Oct 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

—

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)

+0.77%

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.

+0.77%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

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

0.00%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

—

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 50 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 50 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.

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 Balanced Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

2.07%

Exit load

Nil.

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 · Dynamic Asset Allocation or Balanced Advantage

Compare all


JioBlackRock Balanced Advantage FundThis fund Jio BlackRock · Regular · Growth	—	—	—	—	—	2.07%	—
quant Dynamic Asset Allocation Fund quant · Regular · Growth	★★★☆☆	-3.84%	+11.39%	—	—	3.00%	₹865.62Cr
Aditya Birla Sun Life Balanced Advantage Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+2.68%	+9.98%	+8.31%	—	1.95%	₹9,895Cr
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Regular · Growth	★★★★☆	+0.22%	+9.75%	+8.48%	—	2.04%	₹5,204Cr
HDFC Balanced Advantage Fund HDFC · Regular · Growth	★★★★☆	-4.01%	+9.68%	+12.26%	—	1.31%	₹1,06,770Cr
ICICI Prudential Balanced Advantage Fund ICICI Prudential · Regular · Growth	★★★★★	+0.21%	+9.62%	+9.12%	—	1.56%	₹74,079Cr

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

TKTanvi KacheriaStart date not disclosed

Role

Fund Manager

Education

• CFA Charter Holder from Chartered Financial Analyst Institute. • BA in Biological Sciences with minor in 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 (8)

All schemes Tanvi Kacheria runs →

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 →

SCSahil ChaudharyStart date not disclosed

Role

Lead Research Analyst, Investments

Education

• Bachelor of Technology (ICT) from Dhirubhai Ambani Institute of Information and 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 (3)

All schemes Sahil Chaudhary runs →

VKVirendra KumarStart date not disclosed

Experience

• JioBlackRock Asset Management Private Limited (Fund Management) - December 23, 2025 Present. • InCred Alternative Investments Private Limited (Fund Manager) – September 02, 2022 to December 22, 2025. • Aditya Birla Sun Life AMC Ltd. • (Portfolio Manager –Alternate Business) – April 1, 2022 to August 26, 2022. • (Quantitative Analyst) January 9, 2015 to March 31, 2022.

All schemes Virendra Kumar 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 Arun Ramachandran Siddharth Deb Vikrant Mehta Sahil Chaudhary

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 Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of JioBlackRock Balanced Advantage Fund?

As of 09 Oct 2026, the NAV of JioBlackRock Balanced Advantage Fund is ₹10.04 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has JioBlackRock Balanced Advantage Fund delivered?

JioBlackRock Balanced Advantage Fund has returned +0.77% 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 Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund charges an expense ratio of 2.07% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is JioBlackRock Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is rated high on SEBI's risk-o-meter 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 Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is benchmarked against the Tier I Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index (TRI) As prescribed under SEBI Master Circular for Mutual F. Its alpha and beta on this page are measured against that index.

Who manages JioBlackRock Balanced Advantage Fund?

JioBlackRock Balanced Advantage Fund is managed by Tanvi Kacheria, Arun Ramachandran, Siddharth Deb, Vikrant Mehta, Sahil Chaudhary and Virendra Kumar at Jio BlackRock.

How is JioBlackRock Balanced Advantage Fund taxed?

JioBlackRock Balanced Advantage 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.