Investment Objective and Approach

The JioBlackRock Liquid Fund is designed as an open-ended scheme investing in overnight maturity debt securities with relatively low interest rate risk and credit risk. Its objective is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity.

The fund follows a conservative investment approach focused on:

- Investing primarily in high-quality money market instruments

- Maintaining very short duration to minimize interest rate risk

- Focusing on securities with minimal credit risk

- Providing daily liquidity to investors

- Generating returns in line with short-term money market rates

This approach makes it suitable for investors seeking capital preservation with modest returns and high liquidity.

Fund Managers

Vikrant Mehta is the Current Fund Manager of JioBlackRock Liquid Fund Direct Growth fund. The fund is co-managed by a team of experienced professionals:

Vikrant Mehta (Primary Fund Manager)

Mehta is CFA and M.S. Prior to joining JioBlackRock Mutual Fund, he has worked with ITI AMC, Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.

Siddharth Deb (Co-Fund Manager)

Siddharth Deb holds a Bachelor of Science (Zoology) and an MMS (Finance) degree from the University of Calcutta and the University of Mumbai, respectively. His past work experiences include serving as fund manager for Nippon Life India Asset Management Limited and Goldman Sachs Asset Management.

Arun Ramachandran (Co-Fund Manager)

Arun Ramachandran brings over a decade of experience in managing fixed‑income portfolios. Before joining Jio BlackRock, he served as Fund Manager – Fixed Income in SBI Funds Management Limited from March 02, 2009, to December 26, 2024.

About the Fund House (AMC)

JioBlackRock is a 50:50 joint venture between Jio Financial Services (Reliance Group) and BlackRock—the world's largest provider of investment, advisory and risk management solutions.

Key Milestones:

- In October 2024, SEBI (Securities and Exchange Board of India) granted in-principle approval to Jio Financial Services and BlackRock Financial Management Inc. to act as co-sponsors and establish the mutual fund AMC, "JioBlackRock Mutual Fund".

- On 26 May 2025, SEBI issued its final approval and registration certificate to JioBlackRock Mutual Fund to begin operations.

- Following the authorisation, Jio BlackRock rolled out its first New Fund Offers (NFOs) in early July 2025, including the Overnight, Liquid, and Money Market Funds, which together raised around ₹17,800 cr.

Leadership:

Sid Swaminathan is appointed as the joint venture's Managing Director and Chief Executive Officer. He brings with him a wealth of knowledge and has over two decades of experience across asset classes, investment styles, and geographies. Swaminathan has served as Head of Index Equity for EMEA (Europe, the Middle East, and Africa) and APAC (Asia Pacific) at BlackRock in London, where he managed US$ 1.25 tn in assets. Before that, he led the fixed income portfolio management for EMEA at BlackRock, overseeing systematic and indexed strategies.

Technology Advantage:

JioBlackRock aims at simplifying the process of making investments by using BlackRock's sophisticated Aladdin integrated platform. The technology provides a significant advantage over the traditional manual management of index funds by: Saving time and gaining efficiency through automated portfolio rebalancing. Minimising tracking error by effective utilisation of cash available. Enhancing efficiency through permitting fund managers to model index alterations and make the best trade actions in a hurry.

Should I Invest in JioBlackRock Liquid Fund?

The JioBlackRock Liquid Fund may be suitable for you if:

You Should Consider This Fund If:

- You need a safe parking space for surplus funds for short periods

- You want daily liquidity with minimal risk to capital

- You prefer predictable returns over high growth

- You're looking for an alternative to savings accounts with potentially better returns

- You need funds for emergency purposes or short-term financial goals

You May Want to Look Elsewhere If:

- You're seeking high returns or wealth creation over the long term

- You can invest for longer periods (3+ years) and can take moderate risk

- You're comfortable with market volatility for potentially higher returns

- Inflation-beating returns are your primary concern

Key Considerations:

- The JioBlackRock Liquid Fund Direct Growth is rated Low to Moderate risk.

- Being a new fund, it lacks long-term performance track record

- The fund has delivered a CAGR of 0.76 since inception. (as of August 2025)

- The fund house brings together the digital innovation of Jio and global expertise of BlackRock

FAQs

What is today's NAV of JioBlackRock Liquid Fund?

The NAV of Jioblackrock Liquid Fund on Aug 20 2025, is ₹1007.6205. NAV is updated daily and may vary based on market conditions.

What is the AUM of JioBlackRock Liquid Fund?

The AUM of Jioblackrock Liquid Fund, is ₹9452.14 crore. AUM figures are updated monthly by fund houses.

What is the expense ratio of JioBlackRock Liquid Fund?

The expense ratio of Jioblackrock Liquid Fund is 0.1%. This is quite competitive compared to industry standards for liquid funds.

What are the returns of JioBlackRock Liquid Fund since inception?

The fund has delivered a CAGR of 0.76 since inception. The Jioblackrock Liquid Fund was launched on Jun 30 2025.

What is the minimum SIP amount to invest in JioBlackRock Liquid Fund?

The minimum SIP for Jioblackrock Liquid Fund is ₹500. The same minimum applies for lump sum investments as well.

How do I invest in JioBlackRock Liquid Fund?

You can invest in JioBlackRock Liquid Fund through Allvest by logging into your account, selecting the fund, choosing between SIP or lump sum, and completing the payment process.

How to start a SIP in JioBlackRock Liquid Fund?

Log into your Allvest account, search for JioBlackRock Liquid Fund, select 'SIP', enter your desired amount and frequency, set up auto-debit, and confirm your investment.

How do I automate an SIP in JioBlackRock Liquid Fund?

Set up a bank mandate or UPI auto-debit while starting your SIP through Allvest. This will automatically deduct the SIP amount on your chosen date each month.

How can I withdraw/redeem my investment in JioBlackRock Liquid Fund?

You can redeem your investment through Allvest by placing a redemption request. Liquid funds typically process redemptions on the same day, with funds credited to your account within 1-2 working days.