| Launch date | 30 Jun 2025 |
| Allotment date | 04 Jul 2025 |
| End date | 02 Jul 2025 |
| NAV | ₹1,000.00 |
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Vikrant MehtaJun 2025 - PresentView details
Siddharth DebJun 2025 - PresentView details
Arun RamachandranJun 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | NA |
| Date of Incorporation | 26 May 2025 |
|---|
JioBlackRock Money Market Fund Direct Growth is a Debt 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 Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of NA Cr and the Latest NAV as of 01 Oct 2025 is ₹1,014.51. The JioBlackRock Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;
Investment Objective
The scheme seeks to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year. ;
| Fund benchmark | NIFTY Money Market Index A-I |
|---|
Fund house contact details
Peer Comparison
| Debt, Money Market funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | 5 | 8.0% | 7.8% | 41,336.46 |
Axis Money Market Fund Direct Growth | 5 | 7.9% | 7.7% | 20,721.12 |
Aditya Birla Sun Life Money Manager Fund Direct Growth | 4 | 7.9% | 7.7% | 29,271.70 |
Nippon India Money Market Fund Direct Growth | 4 | 7.9% | 7.7% | 23,880.58 |
Franklin India Money Market Fund Direct Growth | 4 | 7.9% | 7.6% | 3,865.00 |