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JioBlackRock Money Market Fund - Direct Plan - Growth Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 85/100 · Excellent
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.16%
- AUM (15%)₹3,463 Cr
Not investment advice — an analytical read of public fund data. Methodology →
JioBlackRock Mutual Fund · Debt · Money Market
₹1,076.73
AUM: ₹3,463 Cr
NAV updated 13 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.16%
Exit Load
Nil
Fund Manager
Vikrant Mehta
Inception
Jul 2025
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.51
Std Dev (1Y)
0.53%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.57%
3m
+2.06%
6m
+3.49%
1y
+6.55%
3y
—
5y
—
10y
—
since inception
+6.39%
TopFund's Take on JioBlackRock Money Market Fund - Direct Plan - Growth Option
JioBlackRock Money Market Fund - Direct Plan - Growth Option ranks among the stronger performers in the Money Market category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 85/100.
Cost: At 0.16%, the expense ratio is roughly in line with the Money Market category average of 0.16% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.51 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 0.53% is on the lower side for a Money Market fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
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.
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about JioBlackRock Money Market Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of JioBlackRock Money Market Fund - Direct Plan - Growth Option is ₹1076.73. NAV is updated every business day after market close by AMFI.
1Y: 6.55%
The expense ratio of JioBlackRock Money Market Fund - Direct Plan - Growth Option is 0.16% per annum. This is the annual fee charged by the fund to manage your investment.
JioBlackRock Money Market Fund - Direct Plan - Growth Option is managed by Vikrant Mehta at JioBlackRock Mutual Fund.
JioBlackRock Money Market 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 Money Market Fund - Direct Plan - Growth Option is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in JioBlackRock Money Market 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 Money Market Fund - Direct Plan - Growth Option is ₹3,463 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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