Today's headline reads, "Jio BlackRock Mutual Fund launches its first liquid fund, the Jio BlackRock Liquid Fund NFO."
This newly launched liquid fund NFO is open for subscription starting today, that is, June 30, 2025 and will be closed soon on July 2, 2025.
The Jio BlackRock Mutual Funds announced that this New Fund Offer is an open-ended liquid scheme with relatively low interest rate risk & low credit risk. Furthermore, this latest NFO will be benchmarked against the Nifty Liquid Index A-I, which is managed by Mr Arun Ramachnadran, Vikrant Mehta, and Siddharth Deb.
JIO BlackRock Liquid Fund NFO Basic Details
The table below covers the key information on the newly launched fund by Jio BlackRock Mutual Fund 2025:
Scheme Name | Jio BlackRock Liquid Fund NFO |
---|---|
Issue Open Date | 30th June 2025 |
Issue Close Date | 2nd July, 2025 |
Category | Debt - Liquid Funds |
Benchmark | Nifty Liquid Index A-I |
Minimum Application Amount | Rs. 500 |
Fund Managers | Mr. Arun Ramachandran & Mr. Vikrant Mehta |
Plans & Options | Regular and Direct Plans with Growth and Dividend Options |
Facilities Offered | Lumpsum / SIP / SWP |
Apart from this, the Jio BlackRock Mutual Fund posted another comment on the social media platform X, "We optimise everything, rewards, routines, returns. However, when it comes to idle cash, we often overlook its potential. Presenting JioBlackRock Liquid fund. Where you can put your surplus money to work, disciplined, monitored and managed with global insight. NFO opens on June 30, 2025."
Is Jio BlackRock Liquid Fund NFO Suitable for You?
Well, this NFO is the best fit if you want to make money over a short period. This plan offers an opportunity to earn a regular source of income by investing in the money market or, you can say, debt mutual funds, having maturity of up to 91 days.
Now you are probably thinking, "Is Jio BlackRock Liquid Fund a Safe Investment?”
Well, you can start small with starting SIP at just Rs.500 and in multiples thereafter.
Likewise, if you exit this scheme one day after the allotment date, the exit load as a 1% redemption will be 0.0070%. Plus, this Mutual Funds risk-o-meter says, "Low to moderate risk".
Lastly, the Jio BlackRock Liquid Fund NFO is assigned a provision [ICDDRA] A1+mfs rating, reflecting an indicative portfolio.
"As the schemes are yet to be launched, the provisional rating is based on the indicative/allocated portfolio of the schemes with the credit score being comfortable at the assigned rating level," ICRA said in a release dated June 26, 2025.