JioBlackRock Overnight Fund Direct-Growth
Debt: Overnight - Growth (Open ended) Factsheet
NAV: ₹1,057.21+0.01%
26 Jul 2026
1 Week returns: 0.10 %
Category rank: 15/39
1 Month returns: 0.43 %
Category rank: 20/38
1 Year CAGR: 5.34 %
Category rank: 15/38
3 Years CAGR: -
Category rank: -
5 Years CAGR: -
Category rank: -
Key Talking Points
Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
Relatively low expense ratio
Expense ratio of the scheme (0.12%) is lower than average expense ratio of the category (0.15%), excluding index funds and ETFs
This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same
What is Expense ratio?
Negative
Not enough talking points with negative stance
Neutral
Not enough performance data
Since this is a relatively new scheme (less than 3 years), we do not have sufficient data to conduct meaningful performance analysis
Scheme Overview
The scheme seeks to generate regular income through investment in a portfolio comprising of debt and money market instruments with overnight maturity.
Plan Variants
No variants available.
Fund Managers
Key Scheme Details
Inception
6 Jul 2025
Expense Ratio
0.12%
AUM
₹634.66 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹500
Min. Addl Investment
-
Min. SIP Investment
₹500
Exit load
-
AMC Overview
JioBlackRock Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.
AMC Details
AMC
JioBlackRock Mutual Fund
CEO
Sid Swaminathan(Managing Director and Chief Executive Officer)
Trustee
Jio BlackRock Trustee Private Ltd
Address
Unit No. 1301, 13th Floor, Altimus Building, Plot No. 130,, Worli Estate, Pandurang Budhkar Marg,Worli, Mumbai, Maharashtra, Mumbai
Frequently Asked Questions
What is the current NAV of JioBlackRock Overnight Fund Direct-Growth?
The current NAV of JioBlackRock Overnight Fund Direct-Growth is ₹1057.21 as of 26 Jul 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of JioBlackRock Overnight Fund Direct-Growth?
The AUM (Assets Under Management) of JioBlackRock Overnight Fund Direct-Growth is ₹634.66 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of JioBlackRock Overnight Fund Direct-Growth?
The expense ratio of JioBlackRock Overnight Fund Direct-Growth is 0.12% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of JioBlackRock Overnight Fund Direct-Growth?
JioBlackRock Overnight Fund Direct-Growth is managed by Vikrant Mehta, Siddharth Deb, Arun Ramachandran. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of JioBlackRock Overnight Fund Direct-Growth?
The benchmark of JioBlackRock Overnight Fund Direct-Growth is NIFTY 1D Rate Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was JioBlackRock Overnight Fund Direct-Growth launched?
JioBlackRock Overnight Fund Direct-Growth was launched on 6 Jul 2025. The fund has been in existence for 1 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in JioBlackRock Overnight Fund Direct-Growth?
The minimum investment in JioBlackRock Overnight Fund Direct-Growth is ₹500 for a lump sum and ₹500 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on JioBlackRock Overnight Fund Direct-Growth?
The exit load on JioBlackRock Overnight Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does JioBlackRock Overnight Fund Direct-Growth belong to?
JioBlackRock Overnight Fund Direct-Growth belongs to the Debt: Overnight category. You can view other funds in this category.