JioBlackRock Balanced Advantage Fund Direct Growth

JioBlackRock Balanced Advantage Fund Direct Growth
Very High Risk
Launch date11 Sep 2026
Allotment date01 Oct 2026
End date25 Sep 2026
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
11 Sep 2026
--
Expense ratio, exit load and taxExpense ratio: --Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implication--
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementArun Ramachandran
Sep 2026 - Present
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Education
Financial Risk Management , Post Graduate Diploma in Business Administration.
Experience
Prior to joining the JioBlackRock MF, he was associated with SBI MF.
Also manages these schemes
JioBlackRock Liquid Fund Direct Growth
JioBlackRock Money Market Fund Direct Growth
JioBlackRock Overnight Fund Direct Growth
JioBlackRock Nifty 8 13 yr G Sec Index Fund Direct Growth
JioBlackRock Arbitrage Fund Direct Growth
JioBlackRock Short Term Fund Direct Growth
JioBlackRock Ultra Short to Short Term Fund Direct Growth
JioBlackRock Balanced Advantage Fund Direct Growth
Prism Hybrid Long Short Fund Direct Growth
Sahil Chaudhary
Sep 2026 - Present
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Education
Bachelor of Technology (ICT) from Dhirubhai Ambani Institute of Information and Communication Technology.
Experience
Prior to joining the JioBlackRock AMC, he was associated with BlackRock Services India Pvt Ltd, FIL Research (India) Private Limited, Evalueserve Private Limited, Sapient Consulting Limited,
Also manages these schemes
JioBlackRock Flexi Cap Fund Direct Growth
JioBlackRock Sector Rotation Fund Direct Growth
JioBlackRock Large Cap Fund Direct Growth
JioBlackRock Balanced Advantage Fund Direct Growth
Vikrant Mehta
Sep 2026 - Present
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Education
Mr. Mehta is CFA and M.S.
Experience
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.
Also manages these schemes
JioBlackRock Liquid Fund Direct Growth
JioBlackRock Money Market Fund Direct Growth
JioBlackRock Overnight Fund Direct Growth
JioBlackRock Nifty 8 13 yr G Sec Index Fund Direct Growth
JioBlackRock Short Term Fund Direct Growth
JioBlackRock Ultra Short to Short Term Fund Direct Growth
JioBlackRock Balanced Advantage Fund Direct Growth
Virendra Kumar
Sep 2026 - Present
View details
Education
Master of Science (Integrated), Mathematics and Scientific Computing, IIT Kanpur, Certificate in Quantitative Finance.
Experience
Prior to joining the JioBlackRock AMC, he was associated with InCred Alternative Investments Private Ltd, and Aditya Birla Sun Life AMC.
Also manages these schemes
JioBlackRock Balanced Advantage Fund Direct Growth
Prism Hybrid Long Short Fund Direct Growth
Tanvi Kacheria
Sep 2026 - Present
View details
Education
CFA, BA in Biological Sciences.
Experience
Prior to joining the JioBlackRock AMC, she was associated with Jio Financial Services, BlackRock Financial Management Inc. Los Angeles Capital Management
Also manages these schemes
JioBlackRock Nifty 50 Index Fund Direct Growth
JioBlackRock Nifty Smallcap 250 Index Fund Direct Growth
JioBlackRock Nifty Midcap 150 Index Fund Direct Growth
JioBlackRock Nifty Next 50 Index Fund Direct Growth
JioBlackRock Flexi Cap Fund Direct Growth
JioBlackRock Sector Rotation Fund Direct Growth
JioBlackRock Large Cap Fund Direct Growth
JioBlackRock Balanced Advantage Fund Direct Growth
Prism Hybrid Long Short Fund Direct Growth
Siddharth Deb
Sep 2026 - Present
View details
Education
Mr. Deb is a B.Sc and MMS (Finance).
Experience
Prior to joining JioBlackRock Mutual Fund he has worked with Nippon India MF, Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Also manages these schemes
JioBlackRock Liquid Fund Direct Growth
JioBlackRock Money Market Fund Direct Growth
JioBlackRock Overnight Fund Direct Growth
JioBlackRock Nifty 8 13 yr G Sec Index Fund Direct Growth
JioBlackRock Arbitrage Fund Direct Growth
JioBlackRock Short Term Fund Direct Growth
JioBlackRock Ultra Short to Short Term Fund Direct Growth
JioBlackRock Balanced Advantage Fund Direct Growth
Prism Hybrid Long Short Fund Direct Growth
Fund house & investment objective
JioBlackRock Mutual Fund
Rank (total assets)--
Total AUM₹21,641.73Cr
Date of Incorporation26 May 2025
    JioBlackRock Balanced Advantage Fund Direct Growth is a -- Mutual Fund Scheme launched by JioBlackRock Mutual Fund.     This scheme was made available to investors on 26 May 2025.     Vikrant Mehta is the Current Fund Manager of JioBlackRock Balanced Advantage Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹21,642 Cr and     the Latest NAV as of 11 Sep 2026 is ₹10.00.  

    The JioBlackRock Balanced Advantage Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.     Minimum Lumpsum Investment is ₹500.     
  ;
Investment ObjectiveThe scheme seeks to generate long term capital appreciation with income generation by investing in a dynamically managed portfolio of equity and debt instruments. 
 
;
Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit No. 1301, 13th Floor, Altimus Building, Plot No. 130,Worli Estate, Pandurang Budhkar Marg,WorliMumbai, Maharashtra Mumbai 400018
Phone
+91 22-69987700/22-35207700
Launch Date
26 May 2025
E-mail
--
Website
www.jioblackrockamc.com
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Franklin India Mid Cap Fund Direct Growth
2
3.1%15.2%13,052.40
Nippon India Small Cap Fund Direct Growth
4
10.0%14.7%82,580.31
Franklin India Small Cap Fund Direct Growth
3
6.7%12.7%14,746.08
HDFC Small Cap Fund Direct Growth
3
-2.1%10.4%41,890.86
Franklin India Technology Fund Direct Growth
--
-9.7%8.3%1,759.08

Rank (total assets)	--
Total AUM	₹21,641.73Cr

Date of Incorporation	26 May 2025

Fund benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Franklin India Mid Cap Fund Direct Growth	2	3.1%	15.2%	13,052.40
Nippon India Small Cap Fund Direct Growth	4	10.0%	14.7%	82,580.31
Franklin India Small Cap Fund Direct Growth	3	6.7%	12.7%	14,746.08
HDFC Small Cap Fund Direct Growth	3	-2.1%	10.4%	41,890.86
Franklin India Technology Fund Direct Growth	--	-9.7%	8.3%	1,759.08