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JioBlackRock Money Market Fund - Direct Plan - Growth Option
★★★★★ monitor_heart Health Score: 65/100 · GoodJioBlackRock Mutual Fund · Debt · Money Market
₹1,065.83
AUM: ₹3,206 Cr
NAV updated 9 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
0.09
Std Dev (1Y)
0.51%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.64%
3m
+1.43%
6m
+3.18%
1y
+6.16%
3y
—
5y
—
10y
—
since inception
+6.2%
rate_review TopFund's Take on JioBlackRock Money Market Fund - Direct Plan - Growth Option
JioBlackRock Money Market Fund - Direct Plan - Growth Option holds up reasonably well within the Money Market category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 65/100.
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 modest Sharpe ratio of 0.09 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.51% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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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 ₹1065.83. NAV is updated every business day after market close by AMFI.
1Y: 6.16%
The expense ratio is 0.16% per annum — the annual fee deducted from your investment to cover fund management costs.
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 a Low to Moderate risk fund. 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.
The Assets Under Management (AUM) of JioBlackRock Money Market Fund - Direct Plan - Growth Option is ₹3,207 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.