Thinking of Investing in JioBlackRock Liquid Fund? Check These Return Benchmarks First

With the JioBlackRock Liquid Fund now open for ongoing purchase and redemption, investors have a new option in the ultra-short-term debt space. The scheme, launched by JioBlackRock Mutual Fund, is the latest entrant into India’s mutual fund landscape and aims to offer investors low-risk returns through money market and short-duration debt instruments.

The fund is classified as an open-ended liquid scheme and targets investments in instruments with a residual maturity of up to 91 days, making it suitable for parking short-term surplus funds.

But how does the new fund measure up? While its performance data is not yet available due to its recent launch, potential investors may be curious to see how existing liquid funds have performed in recent months.

Understanding Liquid Funds: The Basics

Liquid funds invest in debt and money market instruments with a maturity of up to 91 days, as mandated by SEBI. These schemes are typically used for capital preservation and liquidity, making them a preferred option for short-term financial planning.

The JioBlackRock Liquid Fund is currently available only in the Direct-Growth option. It promises disciplined fund management with global expertise, but like any new fund, historical data is absent.

Average Returns: 1-Month to 1-Year Performance of Liquid Funds

Let’s take a look at how other liquid funds have performed across four time horizons, based on direct-growth plan data. Note the data below is as per The Economic Times report.

Top Performers: 3-Month Returns

Among the 37 liquid funds reviewed for 3-month performance, Nippon India Liquid Fund topped the list with a return of 6.56%, followed closely by HSBC Liquid Fund, which delivered 6.55%. These two stood out as the top performers in the category, as per The Economic Times report.

In the close contenders bracket (returns between 6.50% and 6.54%), around 12 funds featured strong performances. Notable among them were Bajaj Finserv Liquid Fund and PGIM India Liquid Fund, both yielding 6.49% during the period.

1-Year Performance: How Liquid Funds Stack Up

Among the 36 liquid funds with one-year performance data, 4 funds emerged at the top with a return of 7.30%, setting the benchmark in the category. These represent the top tier of liquid fund performance over the last year, as per the report.

In the strong performers bracket, 13 funds delivered returns ranging from 7.25% to 7.29%. These funds maintained a steady lead and showed consistent income generation, making them attractive to conservative investors.

The moderate performers included 9 funds that posted returns between 7.20% and 7.24%. While slightly below the top groups, these funds still offered solid gains compared to traditional short-term savings instruments.

Read More: Top Fund of Funds in July 2025 That Turned ₹10K/Month SIP Into Over ₹10 Lakh in 5 Years.

Conclusion

For investors considering this scheme, reviewing the historical returns of existing liquid funds provides useful context. As always, it's important to match your investment choices with your financial goals, liquidity needs, and risk appetite especially when dealing with new entrants in the mutual fund space.

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 scheme-related documents carefully.