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JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - 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: 72/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.12%
- AUM (15%)₹786 Cr
Not investment advice — an analytical read of public fund data. Methodology →
JioBlackRock Mutual Fund · Debt · Overnight
₹1,065.73
AUM: ₹786 Cr
NAV updated 4 days ago
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
-23.27
Std Dev (1Y)
0.1%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.42%
3m
+1.28%
6m
+2.6%
1y
+5.27%
3y
—
5y
—
10y
—
since inception
+4.14%
TopFund's Take on JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option
JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option holds up reasonably well within the Overnight category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 72/100.
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 -23.27 — 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 for a Overnight fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option
The current NAV (Net Asset Value) of JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is ₹1065.73. NAV is updated every business day after market close by AMFI.
1Y: 5.27%
The expense ratio of JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is 0.12% per annum. This is the annual fee charged by the fund to manage your investment.
JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is managed by Vikrant Mehta at JioBlackRock Mutual Fund.
JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is classified as a Low risk fund. It is suitable for investors with a moderate risk appetite.
JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is a Overnight fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in JioBlackRock Overnight Fund - Unclaimed Redemption - Upto 3 years - 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 Overnight Fund - Unclaimed Redemption - Upto 3 years - Growth Option is ₹786 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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