| Launch date | 05 Aug 2025 |
| Allotment date | 18 Aug 2025 |
| End date | 12 Aug 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.10%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Haresh MehtaAug 2025 - PresentView details
Tanvi KacheriaAug 2025 - PresentView details
Anand ShahAug 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | NA |
| Date of Incorporation | 26 May 2025 |
|---|
JioBlackRock Nifty 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by JioBlackRock Mutual Fund. This scheme was made available to investors on 26 May 2025. Haresh Mehta is the Current Fund Manager of JioBlackRock Nifty 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of NA Cr and the Latest NAV as of 04 Sep 2025 is ₹9.94. The JioBlackRock Nifty 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;
Investment Objective
The scheme seeks to passive investment in equity and equity related securities replicating the composition of Nifty 50 Index, subject to tracking errors. ;
| Fund benchmark | NIFTY 50 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | 5 | 1.9% | 20.3% | 44,164.76 |
ICICI Prudential Large Cap Fund Direct Growth | 5 | 0.4% | 18.8% | 71,787.87 |
DSP Large Cap Fund Direct Growth | 5 | -0.4% | 18.2% | 6,398.93 |
HDFC Large Cap Fund Direct Growth | 5 | -3.3% | 16.7% | 38,116.69 |
Canara Robeco Large Cap Fund Direct Growth | 4 | 0.9% | 16.4% | 16,406.92 |