November 19, 2025
RA Jainee
JioBlackRock Overnight Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: ₹ 1,020.6790
Suitable For Which Investors?
Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don’t need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to generate regular income through investment in a portfolio comprising of debt and money market instruments with overnight maturity.
Fund Manager:
1) 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.
2) 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.
3) Vikrant Mehta
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining JioBlackRock Mutual Fund, he has worked with ITI AMC, Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Investment Details
| Min. Investment (₹) | 500 |
| Min. Addl Investment (₹) | 500 |
| Min. SIP Investment (₹) | 500 |
| Min. Withdrawal (₹) | — |
| Min. No of Cheques | 6 |
| Min. Balance (₹) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of JioBlackRock Overnight Fund
| Fund House | JioBlackRock Mutual Fund |
| Launch Date | 04-Jul-25 |
| Return Since Launch | 2.07% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | ₹ 1,181 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.06% |
| (As on 31-Oct-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JioBlackRock Overnight Dir | — | 0.01 | 0.45 | 1.36 | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | — | 0.02 | 0.27 | 0.88 | — | — | — | — | — | — |
| Debt: Overnight | — | 0.01 | 0.45 | 1.35 | — | — | — | — | — | — |
| Rank within category | — | 12 | 20 | 20 | — | — | — | — | — | — |
| Number of funds in category | 34 | 37 | 37 | 37 | 35 | 34 | 31 | 27 | 5 | 2 |
Peer Comparison of JioBlackRock Overnight Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| JioBlackRock Overnight Dir | Unrated | — | — | — | 0.06 | 1,181 | 2.07 | — | 4M |
| Axis Overnight Dir | 5 star | 6.02 | 6.47 | 5.39 | 0.06 | 9,963 | 5.15 | — | 6Y 8M |
| Nippon India Overnight Dir | 4 star | 6.01 | 6.46 | 5.38 | 0.08 | 9,365 | 5.2 | — | 6Y 11M |
| ABSL Overnight Dir | 4 star | 5.98 | 6.44 | 5.37 | 0.08 | 9,329 | 5.2 | — | 7Y |
| Kotak Overnight Dir | 4 star | 5.99 | 6.45 | 5.36 | 0.08 | 8,499 | 5.15 | — | 6Y 10M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 3 | 3 |
| Macaulay Duration (yrs) | 0.01 | — |
| Average Maturity (yrs) | 0.01 | — |
| Yield to Maturity (%) | 5.54 | 5.43 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For JioBlackRock Overnight Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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https://www.jioblackrockamc.com/funds
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