JioBlackRock Money Market Fund Direct Growth

JioBlackRock Money Market Fund Direct Growth

Debt

Jio BlackRock Mutual Fund

Money Market

Get the latest NAV of JioBlackRock Money Market Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1073.15

NAV as on 28 Aug 2026

6.34%/per year

Since Inception

Absolute Gain%

▲▼

3073 people have invested ₹ 1.1Cr in JioBlackRock Money Market Fund in the last three months

JioBlackRock Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)

The fund has outperformed the benchmark (Money Market Index) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.59%
2.25%
3.28%
6.41%
--
--
Money Market Index
0.54%
1.97%
2.88%
5.56%
5.99%
5.47%
Money Market Avg
0.49%
2.04%
3.01%
5.91%
6.88%
6.19%
Best in Money Market
0.66%
2.31%
3.61%
6.69%
7.54%
6.8%
Worst in Money Market
0.58%
1.95%
3%
6.3%
6.8%
6.41%

JioBlackRock Money Market Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

22
/22
3% Performance
27% Risk Management
72% Cost

Ranked 22 out of 22 mutual funds in the money market category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
JioBlackRock Money Market Fund
22/22
3,706Cr
0.16%
6.41%
-
--
--
--
--
--
Franklin India Money Market Fund
1/22
4,205Cr
0.14%
6.49%
7.42%
0.21
1.49
1.67
4.73
1.92
Tata Money Market Fund
2/22
34,138Cr
0.18%
6.61%
7.56%
0.35
1.47
1.99
6.11
2.93
LIC MF Money Market Fund
3/22
4,332Cr
0.16%
6.62%
6.82%
-0.31
1.40
0.64
1.62
-0.48
See all

JioBlackRock Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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JioBlackRock Money Market Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
100%
Cash allocation has gone up from 77.9% to 79.4%
Cash allocation has gone up from 77.9% to 79.4%
Debt allocation has gone down from 22.1% to 20.6%
Debt allocation has gone down from 22.1% to 20.6%

JioBlackRock Money Market Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Cash Equivalent
56.2%
Corporate
30.8%
Government
13%

Top 2 Sectors in July were Corporate, Government

Jul'26

Corporate

45%

Government

24%

Jun'26

Corporate

46%

Government

19%

JioBlackRock Money Market Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.16%
Benchmark
Nifty Money Market Index A-I TR INR
AUM₹3706 Cr
Inception Date4 July, 2025
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Low to Moderate Risk

About JioBlackRock Money Market Fund

JioBlackRock Money Market Fund Direct Growth is a debt fund. This fund was started on 4 July, 2025. The fund is managed by Vikrant Mehta, Siddharth Deb, Arun Ramachandran. This fund is suitable to keep your money safe.

Key Parameters

  1. JioBlackRock Money Market Fund has ₹3706 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

JioBlackRock Money Market Fund has given a CAGR return of 6.34% since inception. Over the last 1 year the fund has given a CAGR return of 6.41%.

Holdings

JioBlackRock Money Market Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are ICICI Home Finance Company Limited, 5.74% Govt Stock 2026, HDFC Bank Limited, Canara Bank, Icici Securities Limited

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of JioBlackRock Money Market Fund

The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. JioBlackRock Money Market Fund has no lock in period.

Fund Manager

Vikrant Mehta

Fund Manager of JioBlackRock Money Market Fund, since 17 August 2026

Siddharth Deb

Fund Manager of JioBlackRock Money Market Fund, since 17 August 2026

Arun Ramachandran

Fund Manager of JioBlackRock Money Market Fund, since 17 August 2026

Learn more about Jio BlackRock Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 3.7K Cr
₹ 3.2K Cr
₹ 2.9K Cr
  • AUM of the fund stands at 3.7K Cr as of Jul'26
  • AUM increased by 499.6 Cr between Jul'26 and Jun'26

Frequently Asked Questions for JioBlackRock Money Market Fund Direct Growth

How do I invest in JioBlackRock Money Market Fund?

INDmoney makes it simple to invest in the JioBlackRock Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘JioBlackRock Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of JioBlackRock Money Market Fund?

The NAV of the fund today is ₹1073.15. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

JioBlackRock Money Market Fund fund has generated a return of 6.41% in 1 year

Who is the fund manager of JioBlackRock Money Market Fund?

The fund managers are Vikrant Mehta, Siddharth Deb, Arun Ramachandran.

What is the expense ratio of the fund?

The expense ratio is 0.16%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3706 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of JioBlackRock Money Market Fund?

The top 3 holdings of the fund are ICICI Home Finance Company Limited(7.93%), 5.74% Govt Stock 2026(7.16%), HDFC Bank Limited(6.49%)