JioBlackRock Overnight Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Overnight Fund

Fund House :

Scheme Objective

The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising of debt and money market instruments with overnight maturity.

Scheme Details

Fund manager(s) – Arun Ramachandran , Vikrant Mehta , Siddharth Deb
Launch date – 04-Jul-2025
Expense ratio – 0.06% as declared on 31-Oct-2025 (category average is 0.08%)
Benchmark - Nifty 1D Rate Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1180.56

0.00

0.00%

Oct - 2025	1180.56	0.00%
Sep - 2025	3019.99	0.00%
Aug - 2025	1431.65	0.00%
Jul - 2025	2222.71	0.00%
Jun - 2025	0.00	0.00%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Jio BlackRock Asset Management Private Limited

Unit No. 1301, 13th Floor, Altimus Building, Plot No. 130, Worli Estate, Pandurang Budhkar Marg.
Tel no.: 02231294600
Fax no.:
Website.: https://www.jioblackrockamc.com/