September 25, 2026
mayank
JioBlackRock Overnight Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,061.76 |
| NAV IDCW (Rs.) | — |
| Bonu NAV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY 1D Rate Index |
| AUM Rs. | 864 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.06% |
| 1 Year Return (%) | 5.31 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 5.37% |
Suitable For Which Investors?
Overnight funds are suitable for:
1. Parking emergency corpus or idle money for capital preservation
2. Earning slightly higher returns than savings bank account, with low volatility
3. Investment horizon of up to 1 year
Note:
• There is no guarantee of returns
• Not suitable for long-term wealth creation
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 (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| 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 | 5.37% |
| Benchmark | NIFTY 1D Rate Index |
| Riskometer | Low |
| Type | Open-ended |
| Assets | 864 Cr |
| (As on 31-Jul-2026) | |
| Base Expense Ratio | 0.06% |
| (As on 31-Jul-2026) | |
| Risk Grade | — |
| Return Grade | — |
JioBlackRock Overnight Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| JioBlackRock Overnight Dir | 3.39 | 0.01 | 0.43 | 1.30 | 2.57 | 5.31 | — | — | — | — |
| Debt: Overnight | 3.35 | 0.01 | 0.43 | 1.29 | 2.55 | 5.27 | — | — | — | — |
| Rank within category | 10 | 2 | 10 | 17 | 12 | 14 | — | — | — | — |
| Number of funds in category | 38 | 39 | 39 | 38 | 38 | 38 | 33 | 27 | 21 | 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 | 5.31 | — | — | 0.06 | 864 | 5.37 | — | 1Y 1M |
| ICICI Pru Overnight Dir | 4 out of 5 stars | 5.31 | 6.10 | 5.68 | 0.07 | 13,144 | 5.18 | — | 7Y 9M |
| Axis Overnight Dir | 5 out of 5 stars | 5.34 | 6.14 | 5.72 | 0.06 | 10,178 | 5.17 | — | 7Y 5M |
| Kotak Overnight Dir | 4 out of 5 stars | 5.32 | 6.12 | 5.70 | 0.06 | 8,818 | 5.16 | — | 7Y 7M |
| Tata Overnight Dir | 5 out of 5 stars | 5.34 | 6.14 | 5.71 | 0.05 | 5,278 | 5.15 | — | 7Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 3 | 3 |
| Macaulay Duration (yrs) | 0.01 | 0.01 |
| Average Maturity (yrs) | 0.01 | 0.01 |
| Yield to Maturity (%) | 5.35 | 5.27 |
| Avg Credit Rating | GOI/Cash | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.jioblackrockamc.com/onboarding
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