JioBlackRock Money Market Fund Direct Growth
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.
₹1007.64
NAV as on 21 Aug 2025
0.75%/per year
Since Inception
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4732 people have invested ₹ 6.3Cr in JioBlackRock Money Market Fund Direct Growth 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 (21-Aug-25)
Peer comparison
JioBlackRock Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
JioBlackRock Money Market Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.15% |
Benchmark | Nifty Money Market Index A-I TR INR |
| AUM | -- |
| Inception Date | 4 July, 2025 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   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 Sahil Chaudhary, Vikrant Mehta, Siddharth Deb, Arun Ramachandran. This fund is suitable to keep your money safe.
Key Parameters
- JioBlackRock Money Market Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
JioBlackRock Money Market Fund Direct Growth has given a CAGR return of 0.75% since inception.
Holdings
JioBlackRock Money Market Fund Direct Growth has allocated its funds majorly in . Its top holdings are
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 Direct Growth
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 Direct Growth has no lock in period.
Fund Manager
Sahil Chaudhary
Fund Manager of JioBlackRock Money Market Fund Direct Growth, since 4 July 2025
Vikrant Mehta
Fund Manager of JioBlackRock Money Market Fund Direct Growth, since 4 July 2025
Siddharth Deb
Fund Manager of JioBlackRock Money Market Fund Direct Growth, since 4 July 2025
Arun Ramachandran
Fund Manager of JioBlackRock Money Market Fund Direct Growth, since 4 July 2025
Frequently Asked Questions for JioBlackRock Money Market Fund Direct Growth
How do I invest in JioBlackRock Money Market Fund?
- 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.