JioBlackRock Liquid Fund
Liquid Fund · Jio BlackRock Asset Management Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹99,990. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.JioBlackRock Liquid Fund is a liquid fund from Jio BlackRock Asset Management Private Limited. It has a track record of about 1.2 years. As of the latest data it carries an RS rating of 98/99 (its recent momentum versus category peers). The current NAV is ₹1078.34 (as of 2026-09-16).
Growth of ₹100 - last 1 years
JioBlackRock Liquid Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | 0.54% | 0.47% |
| 3 months | 1.7% | -0.45% |
| 6 months | 3.49% | 1.12% |
| 1 year | 6.65% | 3.9% |
Its trailing one-year return is 6.65%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | JioBlackRock Liquid Fu | Benchmark |
|---|---|---|
| 2026 | +4.8% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -0.01% | -4.42% |
| Worst drawdown (3Y) | -0.01% | -2.16% |
| Volatility (1Y) | 0.68% | 6.59% |
| Sharpe (3Y) | -0.1 | 0.93 |
| Bull-market return | 7.5% | 4.98% |
The worst peak-to-bottom fall JioBlackRock Liquid Fund has ever put investors through is -0.01% - the real test of whether you'd have stayed invested.
How JioBlackRock Liquid Fund behaves when markets fall
Its deepest fall on record is -0.01%. Right now it sits about 0.0% at or above its all-time high (last hit 2026-09-16). The real question isn't the average year - it's whether you could hold on through the worst one.
How JioBlackRock Liquid Fund ranks in its category
Percentile versus its ~392 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages JioBlackRock Liquid Fund - and how good are they?
JioBlackRock Liquid Fund is managed by Vikrant Mehta, Siddharth Deb and Arun Ramachandran. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Vikrant Mehta's full record
Vikrant Mehta currently runs 4 funds, across Debt Funds, Liquid Fund, Overnight Fund, Ultra Short to Short Term Fund.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | JioBlackRock Liquid Fund (this page) | 98 | n/a | 1.7% | 3.5% | 6.7% | n/a | n/a | n/a | -0.1 | n/a | -0.0% |
| 2 | JioBlackRock Overnight Fund | 87 | n/a | 1.3% | 2.6% | 5.3% | n/a | n/a | n/a | -2.75 | n/a | 0.0% |
| 3 | JioBlackRock Nifty 8-13 yr G-Sec Index Fund | 12 | n/a | 0.5% | 1.1% | 3.0% | n/a | n/a | n/a | n/a | n/a | -2.7% |
| 4 | JioBlackRock Low Duration Fund | n/a | n/a | 1.6% | 3.1% | n/a | n/a | n/a | n/a | n/a | n/a | -0.2% |
Siddharth Deb's full record
Siddharth Deb currently runs 5 funds, across Debt Funds, Index Funds, Liquid Fund, Overnight Fund and more. The book's average King Score is 77.0/100. Their strongest fund by King Score is Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60 40 Index Fund (77/100); JioBlackRock Liquid Fund ranks #2 of 5 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60 40 Index Fund | 86 | 77 | 1.8% | 3.3% | 6.4% | 7.4% | n/a | n/a | 1.32 | 7.5% | -3.3% |
| 2 | JioBlackRock Liquid Fund (this page) | 98 | n/a | 1.7% | 3.5% | 6.7% | n/a | n/a | n/a | -0.1 | n/a | -0.0% |
| 3 | JioBlackRock Overnight Fund | 87 | n/a | 1.3% | 2.6% | 5.3% | n/a | n/a | n/a | -2.75 | n/a | 0.0% |
| 4 | JioBlackRock Nifty 8-13 yr G-Sec Index Fund | 12 | n/a | 0.5% | 1.1% | 3.0% | n/a | n/a | n/a | n/a | n/a | -2.7% |
| 5 | JioBlackRock Low Duration Fund | n/a | n/a | 1.6% | 3.1% | n/a | n/a | n/a | n/a | n/a | n/a | -0.2% |
Arun Ramachandran's full record
Arun Ramachandran currently runs 4 funds, across Debt Funds, Liquid Fund, Overnight Fund, Ultra Short to Short Term Fund.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | JioBlackRock Liquid Fund (this page) | 98 | n/a | 1.7% | 3.5% | 6.7% | n/a | n/a | n/a | -0.1 | n/a | -0.0% |
| 2 | JioBlackRock Overnight Fund | 87 | n/a | 1.3% | 2.6% | 5.3% | n/a | n/a | n/a | -2.75 | n/a | 0.0% |
| 3 | JioBlackRock Nifty 8-13 yr G-Sec Index Fund | 12 | n/a | 0.5% | 1.1% | 3.0% | n/a | n/a | n/a | n/a | n/a | -2.7% |
| 4 | JioBlackRock Low Duration Fund | n/a | n/a | 1.6% | 3.1% | n/a | n/a | n/a | n/a | n/a | n/a | -0.2% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.09% |
| Exit load | No exit load |
| Minimum investment | ₹500 |
| Age | 1.2 years |
| Plan / Option | Direct · Growth |
How JioBlackRock Liquid Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) | 99 | 94 | 7.0% |
| Edelweiss Liquid Fund | 96 | 92 | 7.0% |
| Edelweiss Liquid Fund | 96 | 92 | 7.0% |
| Bajaj Finserv Liquid Fund | 95 | 92 | 7.0% |
| Franklin India Liquid Fund - Super Institutional | 98 | 91 | 7.0% |
| PGIM India Liquid Fund | 96 | 91 | 7.0% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
JioBlackRock Liquid Fund review: the bottom line
Related
Frequently asked questions
Is JioBlackRock Liquid Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, JioBlackRock Liquid Fund scores RS 98/99 within its category, and its worst drawdown was -0.01%. Compare those against your needs and the peer table above.
What is the NAV of JioBlackRock Liquid Fund today?
The latest NAV is ₹1078.34 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of JioBlackRock Liquid Fund?
The Direct-plan expense ratio is 0.09% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of JioBlackRock Liquid Fund?
JioBlackRock Liquid Fund is managed by Vikrant Mehta; Siddharth Deb; Arun Ramachandran.
Is JioBlackRock Liquid Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -0.01% - ₹1 lakh briefly becoming about ₹99,990. As a debt fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is JioBlackRock Liquid Fund tax-efficient / what about capital gains?
As a debt fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See JioBlackRock Liquid Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.