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News Jio BlackRock Mutual Fund launches JioBlackRock Overnight Fund
Jun 30, 2025
Mutual Fund
Jio BlackRock Mutual Fund launches JioBlackRock Overnight Fund
NFO period: 30th June - 02nd July, 2025
Highlights of the NFO:
- Scheme type - An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.
- Investment objective - The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of debt and money market instruments with overnight maturity. 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 that may be in line with overnight call rates. Investment in debt and money market instruments with overnight maturity.
- 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. Siddharth Deb & Mr. Vikrant Mehta
- Benchmark - Nifty 1D Rate Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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