What is the current NAV of JioBlackRock Overnight Fund - Direct Plan - Growth Option?

The current NAV (Net Asset Value) of JioBlackRock Overnight Fund - Direct Plan - Growth Option is ₹1057.21. NAV is updated every business day after market close by AMFI.

What is the 1-year return of JioBlackRock Overnight Fund - Direct Plan - Growth Option?

JioBlackRock Overnight Fund - Direct Plan - Growth Option has delivered a 1-year CAGR return of 5.34% as of the latest data.

What is the expense ratio of JioBlackRock Overnight Fund - Direct Plan - Growth Option?

The expense ratio of JioBlackRock Overnight Fund - Direct Plan - Growth Option is 0.12% per annum. This is the annual fee charged by the fund to manage your investment.

Who manages JioBlackRock Overnight Fund - Direct Plan - Growth Option?

JioBlackRock Overnight Fund - Direct Plan - Growth Option is managed by Vikrant Mehta at JioBlackRock Mutual Fund.

What is the risk level of JioBlackRock Overnight Fund - Direct Plan - Growth Option?

JioBlackRock Overnight Fund - Direct Plan - Growth Option is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.

What is the minimum SIP amount for JioBlackRock Overnight Fund - Direct Plan - Growth Option?

You can start a SIP in JioBlackRock Overnight 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.

What is the AUM of JioBlackRock Overnight Fund - Direct Plan - Growth Option?

The Assets Under Management (AUM) of JioBlackRock Overnight Fund - Direct Plan - Growth Option is ₹635 crore. AUM indicates the total market value of assets managed by the fund.

info

Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

JioBlackRock Overnight Fund - Direct Plan - Growth Option

★★★★★ monitor_heart Health Score: 81/100 · Excellent

JioBlackRock Mutual Fund · Debt · Overnight

₹1,057.21

+0.29 (+0.03%) trending_up

AUM: ₹634 Cr

NAV updated 4 days ago

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Plan

Direct

Option

Growth

Risk

Low

Expense Ratio

0.12%

Exit Load

Nil

Fund Manager

Vikrant Mehta

Inception

Jul 2025

Benchmark

NIFTY 1D Rate Index

Sharpe Ratio

-22.01

Std Dev (1Y)

0.1%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

+0.43%

+1.29%

+2.56%

+5.34%

—

10y

—

since inception

+5.35%

rate_review TopFund's Take on JioBlackRock Overnight Fund - Direct Plan - Growth Option

JioBlackRock Overnight Fund - Direct Plan - Growth Option ranks among the stronger performers in the Overnight 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 81/100.

Cost: At 0.12%, the expense ratio is roughly in line with the Overnight category average of 0.11% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -22.01 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.1% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt 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.