India’s mutual fund space is about to get more interesting. JioBlackRock Mutual Fund, a joint venture between Reliance’s Jio Financial Services and global investment giant BlackRock, is all set to launch its first-ever mutual fund – the JioBlackRock Liquid Fund.
The New Fund Offer (NFO) will open on June 30, 2025, and close on July 2, 2025.
💼 What Is a Liquid Fund?
A liquid fund is a type of debt-mutual fund that invests in debt securities andmoney market instruments with very short maturity periods, usually up to 91 days. These funds aim to provide:
Higher returns than a regular savings account
Quick liquidity
Low risk and stable returns
They are best suited for investors who want to park surplus money safely for a short duration—like a few weeks to a few months.
“Generate regular income through a portfolio of money market and debt instruments with residual maturity up to 91 days.”
✅ Key Features:
Suitable for short-term investors looking for stable returns.
Ideal for people who want to make their idle cash work, rather than keeping it in low-interest savings accounts.
Backed by Jio’s reach and BlackRock’s global fund management experience.
On X (formerly Twitter), JioBlackRock posted:
“We optimise everything… But when it comes to idle cash, we often overlook its potential. Presenting JioBlackRock Mutual Fund. Where you can invest your surplus+ money to work — disciplined, managed and monitored, with global insight.”
🌐 Global Expertise with Local Access
JioBlackRock Mutual Fund has promoted the new scheme with a strong message on their official X (formerly Twitter) account:
“We optimise everything: rewards, routines, returns. But 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.”
The emphasis here is on combining BlackRock’s global asset management experience with Jio’s local reach and technology strength, offering Indian investors a new and credible option in the liquid fund category.
📊
📊 Benchmark & Ratings
The fund will be benchmarked against the Nifty Liquid Index A-I, a common index used to compare performance of liquid funds.
The fund has received a provisional rating of [ICRA]A1+mfs from ICRA, a leading credit rating agency. This indicates a very strong credit quality for its short-term investments.
Final rating will be confirmed after the fund officially launches and its portfolio is reviewed.
👤 Fund Manager & Portfolio
Although the fund manager’s name has not been publicly confirmed, the fund will be professionally managed with an emphasis on risk control, credit quality, and liquidity. The portfolio will mainly consist of:
Treasury bills (T-Bills)
Commercial papers (CPs)
Certificates of deposit (CDs)
Short-term government and corporate bonds
💡 Why Consider Investing?
Here’s why the JioBlackRock Mutual Fund could be a smart choice:
🔒 Low risk: Invests in high-quality, short-term instruments.
🔁 High liquidity: You can redeem your investment quickly, usually within 24 hours.
📈 Better than savings account: Potential for slightly higher returns.
🌐 Globally backed: Managed with insights from BlackRock, the world’s largest asset manager.
📅 NFO Details at a Glance
Feature
Details
Fund Name–
JioBlackRock Liquid Fund
NFO Period–
June 30 – July 2, 2025
Fund Type–
Open-ended Liquid Scheme
Benchmark–
Nifty Liquid Index A-I
Provisional ICRA Rating–
[ICRA]A1+mfs
Minimum Investment–
₹500 (tentative)
Lock-in Period–
None
🧾 Final Thoughts
If you’re looking for a low-risk, short-term investment option for your idle cash — whether it’s an emergency fund, bonus, or business surplus — the JioBlackRock Mutual Fund could be a smart and safe bet.
With the backing of two financial powerhouses and a focus on safety and returns, this new fund is worth considering.
Ankit Kumar is the Founder & Editor of Time of Hindustan. He writes about Indian news, finance, and technology with a focus on factual, engaging reporting.
