Jio BlackRock Launches 3 Debt NFOs Today; Here's How To Invest With Just Rs 500
JioBlackRock Mutual Funds: These three funds will open for subscription from June 30 and will remain available until July 2.
Jio Blackrock Mutual Funds NFOs: Jio BlackRock Mutual Fund, the JV between Jio Financial Services and BlackRock, has officially begun operations in India by launching three open-ended debt schemes – Jio BlackRock Liquid Fund, Jio BlackRock Money Market Fund, and Jio BlackRock Overnight Fund.
These three abovementioned funds will open for subscription from June 30 and will remain available until July 2.
They have the minimum investment requirement of Rs 500.
A Debt MF is a kind of mutual fund that invests money in fixed-instruments like government bonds, corporate bonds, T-bills, commercial papers, and certificates of deposits.
Jio BlackRock Liquid Fund NFO
The Jio BlackRock Liquid Fund targets investors seeking regular income over a short-term period. As per the scheme information document, the fund will invest in money market and debt instruments with a residual maturity of up to 91 days.
Investors can start with a minimum investment of Rs 500. The scheme has a graded exit load, starting at 0.0070% on Day 1 and reducing to zero from Day 7 onwards.
The Jio BlackRock Money Market Fund is designed to generate regular income by investing in money market instruments with up to one-year maturity. It also requires a minimum investment of Rs 500 and has no exit load.
The Jio BlackRock Overnight Fund aims to generate income by investing in debt and money market instruments with overnight maturity. Similar to the other two funds, the minimum subscription amount is Rs 500, and the scheme has no exit load. This fund is perfect for investors wanting to park funds for a day or more with minimal interest rate risk.
How to Invest in Jio BlackRock Mutual Funds (Liquid, Money Market & Overnight Funds)
tags :
Mutual fund
Location :
New Delhi, India, India
First Published:
June 30, 2025, 14:27 IST
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