Jio Blackrock Mutual Funds NFOs: Jio BlackRock Mutual Fund, a joint venture between Jio Financial Services and BlackRock, has officially started its operations in India with the launch of three open-ended debt schemes – Jio BlackRock Liquid Fund, Jio BlackRock Money Market Fund, and Jio BlackRock Overnight Fund.
The three funds mentioned earlier will be available for subscription from June 30 to July 2, 2025. They require a minimum investment of Rs 500.
A Debt MF is a type of mutual fund that allocates capital into fixed-income instruments such as government bonds, corporate bonds, treasury bills, commercial papers, and certificates of deposits.
Jio BlackRock Liquid Fund NFO
The Jio BlackRock Liquid Fund aims at investors looking for consistent income in the short term. According to the scheme information document, the fund will allocate its resources to money market and debt instruments that have a residual maturity of no more than 91 days.
Investors can begin with a minimum investment of ₹500. The plan features a tiered exit charge, beginning at 0.0070% on the first day and decreasing to nil after the sixth day.
Money Market Fund for Up to One-Year Maturity
The Jio BlackRock Money Market Fund aims to produce consistent income by investing in money market tools with maturities of up to one year. It also necessitates a minimum investment of Rs 500 and does not impose an exit load.
This plan is perfect for investors seeking a reliable choice to place money for somewhat longer periods in the low-risk category.
Overnight Fund for Daily Maturity Exposure
The Jio BlackRock Overnight Fund seeks to create income through investments in debt and money market instruments that have overnight maturities. Like the other two funds, the minimum investment requirement is Rs 500, and there is no exit load for the scheme. This fund is ideal for investors looking to set aside funds for a day or longer while facing low interest rate risk.
How to Invest in Jio BlackRock Mutual Funds?
Step 1: Check Eligibility & Documents
Make sure you have the following:
- PAN card
- Aadhaar card (linked to mobile number)
- Bank account details (with IFSC code)
KYC compliance (Check at https://www.cvlkra.com)
Step 2: Visit the Official Website
Go to Play Store (Apple or Google) and Download JioFinance App.
Step 3: Create an Account or Log In
- Open JioFinance App and log in via Mobile Number.
- Once login you will be able to find multiple options such as Loan Against Share, Jio Gold, Home Loan, Home Loan Transfer, Loan Against Property, Health Insurance, etc.
- From the Quick actions tab click on the first option “Invest”.
- You will be asked to open your account.
- Register using your email ID, phone number, and PAN.
Step 4: Complete KYC (if not done)
If you’re not KYC-verified, you’ll be asked to:
- Upload PAN and Aadhaar
- Do a quick video KYC or in-person verification (if required)
Step 5: Choose the Fund
Pick any of the three open-ended debt schemes:
- JioBlackRock Liquid Fund (91-day maturity instruments)
- JioBlackRock Money Market Fund (up to 1-year maturity)
- JioBlackRock Overnight Fund (1-day maturity instruments)
Step 6: Enter Investment Details:
Choose amount (minimum Rs 500)
Select mode: SIP (Systematic Investment Plan) or Lump sum Set the frequency if opting for SIP. Link your bank account using net banking/UPI
Step 7: Review & Confirm
Double-check fund details, investment amount, and exit load info Click ‘Confirm’ or ‘Invest Now’. Complete the payment
Step 8: Get Investment Confirmation
You’ll receive: Transaction confirmation on email/SMS & Folio number for tracking.
Who can invest in JioBlackRock Liquid Funds?
JioBlackRock Liquid Fund is a mutual fund designed for those who want to invest for a short time and at low risk. It is an open-ended liquid scheme, that is, you can invest money in it anytime and can also withdraw it quickly if needed. This can be a good option for those who want to invest short term (for a few weeks / days) or who want to earn some regular income from their money. Those who want to get better returns than a bank account can also invest in it.
JioBlackRock Liquid Fund: Withdrawal Fees and Investment Amount
If you withdraw money on the first day of allotment, you will have to pay an exit load charge of 0.0070%. This charge will decrease every day and will become zero after the seventh day. The minimum investment amount is Rs 500. In today’s time when banks like SBI and HDFC are giving only 2.5% interest on their savings account, then liquid funds can be an option. But keep in mind that JioBlackRock is a new fund house and does not have any past record.
Should you invest?
Jio BlackRock Liquid Fund is being launched at a time when many banks including SBI and HDFC Bank have reduced their savings account interest rates to 2.5%. However, investors should be cautious as this is a new fund house with no track record of fund management. It would be better to consult a SEBI registered financial advisor before investing.
Liquid Fund Returns
Liquid funds have relatively low interest rate risk and low credit risk. They can be used to park excess cash from savings accounts to earn some extra income. However, one should not expect very high returns from liquid funds. Generally, a return of 5-6% can be expected from liquid funds. Let us tell you, this fund will invest this money in instruments whose duration is only up to 91 days (such as money market and debt instruments). This fund will make Nifty Liquid Index A-I its benchmark, that is, it will compare itself with its performance.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
