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JioBlackRock Low Duration Fund - Direct Plan - Growth Option
TopFund Score: 83/100 · Excellent
How this score is calculated
- Star rating (35%)—
- 3Y CAGR (30%)—
- Expense ratio (20%)0.33%
- AUM (15%)₹775 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Jio BlackRock Mutual Fund · Income/Debt Oriented · Ultra Short to Short Term Fund
₹1,041.7
AUM: ₹774 Cr
NAV updated 13 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.33%
Exit Load
Nil
Fund Manager
Vikrant Mehta
Inception
Jan 2026
Benchmark
NIFTY Low Duration Debt Index A-I
Sharpe Ratio
0.18
Std Dev (1Y)
0.71%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.33%
3m
+1.61%
6m
+3.26%
1y
—
3y
—
5y
—
10y
—
since inception
+4.03%
TopFund's Take on JioBlackRock Low Duration Fund - Direct Plan - Growth Option
JioBlackRock Low Duration Fund - Direct Plan - Growth Option ranks among the stronger performers in the Ultra Short to Short Term Fund category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 83/100.
Cost: At 0.33%, the expense ratio is meaningfully cheaper — about 13% below the Ultra Short to Short Term Fund category average of 0.38% (based on 105 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.18 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.71% is on the lower side for a Ultra Short to Short Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about JioBlackRock Low Duration Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of JioBlackRock Low Duration Fund - Direct Plan - Growth Option is ₹1041.7. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio of JioBlackRock Low Duration Fund - Direct Plan - Growth Option is 0.33% per annum. This is the annual fee charged by the fund to manage your investment.
JioBlackRock Low Duration Fund - Direct Plan - Growth Option is managed by Vikrant Mehta at Jio BlackRock Mutual Fund.
JioBlackRock Low Duration Fund - Direct Plan - Growth Option is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
JioBlackRock Low Duration Fund - Direct Plan - Growth Option is a Ultra Short to Short Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in JioBlackRock Low Duration Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of JioBlackRock Low Duration Fund - Direct Plan - Growth Option is ₹775 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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