NFO Alert: JioBlackRock Mutual Fund Launches 3 New Schemes

JioBlackRock Mutual Fund has launched three debt schemes: JioBlackRock Liquid Fund, JioBlackRock Money Market Fund, and JioBlackRock Overnight Fund. The NFO period for all 3 schemes opens on June 30, 2025 and closes on July 2, 2025.

JioBlackRock Liquid Fund

This open-ended scheme invests in debt and money market instruments with maturities up to 91 days. It is classified as low risk on both credit and interest rate parameters (A-I risk class). The benchmark for this scheme is the Nifty Liquid Index A-I.

The minimum application amount is ₹500. The scheme includes a graded exit load structure: starting at 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. Post NFO, units will be available for continuous purchase and redemption at NAV-based prices.

Investors can also opt for SIP, STP, and SWP facilities. SIPs start at ₹500, with weekly, monthly, and quarterly frequency options. Redemption proceeds will be processed within three business days.

JioBlackRock Money Market Fund

This fund invests in money market instruments with residual maturity of up to one year. It carries relatively low interest rate risk and moderate credit risk (B-I classification). The scheme follows the Nifty Money Market Index A-I as its benchmark.

Minimum investment is ₹500. There is no exit load applicable. Being an open-ended fund, units can be redeemed or purchased on any business day. NAVs will be updated daily by 11 PM on the AMC and AMFI websites.

Systematic features like SIP (₹500 onwards), STP, and SWP are available. The fund is not listed on exchanges. Redemption timelines and terms follow SEBI’s standard guidelines.

Read more: JioBlackRock AMC Unveils Website with Early Access!

JioBlackRock Overnight Fund

This scheme invests exclusively in overnight maturity instruments. It is classified under the lowest risk category (A-I) and uses the Nifty 1D Rate Index as its benchmark. The objective is to provide income in line with overnight call rates.

Units are priced at ₹1,000 during the NFO. Post-NFO, continuous transactions are allowed at NAV. The minimum application amount is ₹500, and there is no exit load. Redemption requests are processed within three business days.

The scheme also offers SIP, STP, and SWP options with similar minimums and intervals as the other two.

Conclusion

All 3 JioBlackRock schemes provide low-duration, low-risk investment options with standard systematic facilities. Each targets a different segment of the short-term debt market, aligning with SEBI regulations.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all the related documents carefully before investing.