December 8, 2025
RA Jainee
JioBlackRock Arbitrage Fund Direct-Growth
JioBlackRock Arbitrage Fund Direct-Growth snapshot
| NFO opens on | 09 December 2025 |
| NFO Closes on | 11 December 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth |
| Sahifund Verdict | JioBlackRock Arbitrage Fund aims to generate steady, low-risk returns through cash–futures arbitrage while maintaining tax-efficient equity treatment. With a low volatility benchmark (Nifty 50 Arbitrage TRI) and experienced multi-manager team, the fund is positioned as a safe parking avenue for short-term surplus money. Suitable for conservative investors seeking stability over high returns. Sahifund Verdict: X (Neutral). |
⏱️ Last Update: 11 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the JioBlackRock Arbitrage Fund Direct-Growth Open Date, Close Date?
NFO opens on December 09, 2025
NFO will close on December 11, 2025
Investment Strategy for this NFO?
The scheme seeks to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments.
Basic Details
| Fund House | JioBlackRock Mutual Fund |
| Issue Open | 09 December 2025 |
| Issue Close | 11 December 2025 |
| Type | Open-ended |
| Category | Hybrid: Arbitrage |
| Min. Investment(₹) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 15 days |
| Riskometer | Low |
| Benchmark | NIFTY 50 Arbitrage TRI |
About Benchmark Index for this NFO?
In equity market arbitrage is a popular strategy used by market participants that involves buying equities and selling equivalent equity futures.
The Nifty 50 Arbitrage Index aims to measure the performance of such arbitrage strategies. The index measures performance of portfolio involving investment in equity and equivalent short position equity futures, short-term debt market investments and cash.
Portfolio Characteristics
| Methodology | Price Returns |
| No. of Constituents | – |
| Launch Date | July 08, 2016 |
| Base Date | April 01, 2010 |
| Base Value | 1000 |
| Calculation Frequency | End of day |
| Index Rebalancing | – |
Fund Managers of JioBlackRock Arbitrage Fund Direct-Growth
1) Anand Shah
Education: PGDBA from K.C. College of Management Studies, Bachelor in Commerce from Mumbai University
Experience: Prior to joining the JioBlackRock AMC, he was associated with Jio Financial Services, Aditya Birla Sun Life Insurance Company, BOI AXA Investment Managers Pvt Ltd, Zyfin Capital Advisors Pvt Ltd, Daiwa Asset Management (India) Pvt Ltd.
2) Haresh Mehta
Education: Mr. Mehta has done MBA and CFA
Experience: Prior to joining Jio BlackRock AMC, he was associated with Bajaj Finserv AMC, Aditya Birla Sun Life AMC Ltd, Baroda BNP Paribas Asset Management India Pvt. Ltd and First Global Stockbroking Pvt. Ltd
3) Arun Ramachandran
Education: Financial Risk Management , Post Graduate Diploma in Business Administration.
Experience: Prior to joining the JioBlackRock MF, he was associated with SBI MF.
4) Siddharth Deb
Education: Mr. Deb is a B.Sc and MMS (Finance).
Experience: Prior to joining JioBlackRock Mutual Fund he has worked with Nippon India MF, Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
AMC
JioBlackRock Mutual Fund
Address: Unit No. 1301, 13th Floor, Altimus Building, Plot No. 130, Worli Estate, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra – 400018, India
Website: https://www.jioblackrockamc.com/
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for JioBlackRock Arbitrage Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY 50 Arbitrage TRI
Performance
| QTD | YTD | 1 Year | 5 Years | Since Inception | |
| Returns (%) # | 1.19 | 6.84 | 7.56 | 6.20 | 6.26 |
| 1 Year | 5 Years | Since Inception | |
| Std. Deviation * | 1.08 | 1.15 | 1.43 |
Weights of Index Constituents
| Near-Month | |
| NIFTY 50 Index Futures | 65% |
| 1 Month MIBOR | 30% |
| Cash | 5% |
Past Performance of Anand Shah
| Fund | JioBlackRock Overnight Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 08-12-2025
Past Performance of Haresh Mehta
| Fund | JioBlackRock Nifty Midcap 150 Index Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 08-12-2025
Past Performance of Arun Ramachandran
| Fund | JioBlackRock Overnight Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 08-11-2025
Past Performance of Siddharth Deb
| Fund | JioBlackRock Overnight Fund | It’s Benchmark |
| 1 Year | — | — |
| 3 Year | — | — |
| 5 Year | — | — |
| 7 Year | — | — |
| 10 Year | — | — |
As on 08-11-2025
[B] Review of Fund Managers
Anand Shah
-
Background: PGDBA from K.C. College of Management Studies, Bachelor in Commerce from Mumbai University, Prior to joining the JioBlackRock AMC, he was associated with Jio Financial Services, Aditya Birla Sun Life Insurance Company, BOI AXA Investment Managers Pvt Ltd, Zyfin Capital Advisors Pvt Ltd, Daiwa Asset Management (India) Pvt Ltd.
Haresh Mehta
-
Background: Mr. Mehta has done MBA and CFA, Prior to joining Jio BlackRock AMC, he was associated with Bajaj Finserv AMC, Aditya Birla Sun Life AMC Ltd, Baroda BNP Paribas Asset Management India Pvt. Ltd and First Global Stockbroking Pvt. Ltd
Arun Ramachandran
-
Background: Financial Risk Management , Post Graduate Diploma in Business Administration., Prior to joining the JioBlackRock MF, he was associated with SBI MF.
Siddharth Deb
-
Background: Mr. Deb is a B.Sc and MMS (Finance)., Prior to joining JioBlackRock Mutual Fund he has worked with Nippon India MF, Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Sahifund Verdict:
This NFO targets low-risk, market-neutral returns by exploiting arbitrage spreads between cash and futures markets, backed by a portion of allocation to debt and money-market instruments. The benchmark—Nifty 50 Arbitrage TRI—has historically delivered 6–7% annualised returns with very low standard deviation, making it stable during volatile equity phases. The fund benefits from equity taxation, offering better post-tax outcomes than traditional liquid instruments.
JioBlackRock has deployed a strong four-member manager team with deep experience across arbitrage, equity, and debt strategies, supported by BlackRock’s Aladdin-based risk systems. Exit load is minimal (0.25% for 15 days), and minimum investment is just Rs. 500, making it accessible.
This NFO is suitable for investors looking to park idle money, corporates/HNIs seeking tax-efficient arbitrage, and retail investors needing low-risk short-term allocation. However, arbitrage spreads depend on market volatility; hence returns may fluctuate in low-spread periods. Overall, a conservative-profile product, not meant for return maximisation. Sahifund Verdict: X (Neutral).
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
• Seeks to maintain low-risk, market-neutral approach.
• Benefits from equity taxation for greater tax efficiency.
• Powered by Aladdin for real-time risk management and operational efficiency.
• Managed by seasoned experts with decades of experience in equity & debt funds.
• Investors looking for a tax-efficient avenue for short-term allocation
• Suitable for investors to park their money for short term with a low risk profile
• Investors looking for efficient usage of surplus cash
Is it good to invest in JioBlackRock Arbitrage Fund Direct-Growth NFO?
Invest Online OR https://www.jioblackrockamc.com/funds
>> Post your MF questions @ sahifund.com/ask-me/
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https://sahifund.com/category/nfos/
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