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News Jio BlackRock Mutual Fund launches JioBlackRock Money Market Fund
Jun 30, 2025
Mutual Fund
Jio BlackRock Mutual Fund launches JioBlackRock Money Market Fund
NFO period: 30th June - 02nd July, 2025
Highlights of the NFO:
- Scheme type - An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.
- Investment objective - The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of money market instruments with residual maturity up to 1 year. There is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking regular income over short term. To generate income by investing in money market instruments.
- Minimum Application Amount - Rs. 500/- and any amount thereafter.
- Plan/ Options available - The Scheme shall offer only Direct Plan. Further, the Plan shall offer only Growth Option.
- Fund Managers - Mr. Arun Ramachandran & Mr. Vikrant Mehta
- Benchmark - NIFTY Money Market Index A-I
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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