JioBlackRock Money Market Fund vs JioBlackRock Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Money Market Fund is a Money Market fund and JioBlackRock Short Term Fund is a Short Duration fund. JioBlackRock Money Market Fund charges 0.16% a year and JioBlackRock Short Term Fund 0.35% (Direct plans). Their portfolios overlap 14.9%: they hold 8 of the same securities.
JioBlackRock Money Market Fund
Money Market
- Expense ratio
- 0.16%
- NAV
- ₹1,082.54
JioBlackRock Short Term Fund
Short Duration
- Expense ratio
- 0.35%
- NAV
- ₹1,038.89
Which is better, JioBlackRock Money Market or JioBlackRock Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Money Market costs less: 0.16% a year against 0.35% (Direct plans).
- JioBlackRock Money Market fell less in its worst fall since 22-01-2026: −0.2% against −0.3%.
- JioBlackRock Money Market is the larger fund: ₹4,664 Cr against ₹113 Cr.
- Their portfolios overlap 14.9%: 8 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | JioBlackRock Money Market Fund | JioBlackRock Short Term Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | Jio BlackRock Mutual Fund |
| Category | Money Market | Short Duration |
| AUM | ₹4,664 Cr (30-09-2026) | ₹113 Cr (30-09-2026) |
| NAV | ₹1,082.54 (Direct) | ₹1,038.89 (Direct) |
| Expense ratio (Direct) | 0.16% | 0.35% |
| Expense ratio (Regular) | 0.36% | 0.99% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | NIFTY Money Market Index A-I | NIFTY Short Duration Debt Index A-II |
| Launch date | 04-07-2025 | 19-01-2026 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Arun Ramachandran, Vikrant Mehta, Siddharth Deb | Arun Ramachandran, Vikrant Mehta, Siddharth Deb |
| Exit load | NIL | NIL |
JioBlackRock Money Market vs JioBlackRock Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| JioBlackRock Money Market Fund (Direct) | +0.30% | +1.45% | +3.21% | +6.24% | -- | -- | -- |
| JioBlackRock Short Term Fund (Direct) | −0.05% | +0.55% | +2.51% | -- | -- | -- | -- |
| Money Market average | +0.33% | +1.49% | +3.29% | +6.35% | -- | -- | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | -- | -- | -- | -- |
Category average: the average of the 27 Money Market funds and the 25 Short Duration funds, same plan type.
JioBlackRock Money Market vs JioBlackRock Short Term: Year-wise Returns
| Year | Money MarketJioBlackRock Money Market | Short TermJioBlackRock Short Term |
|---|---|---|
| 2026to date | +5.16% | -- |
JioBlackRock Money Market vs JioBlackRock Short Term: Rolling Returns
Every holding period of both funds
JioBlackRock Money Market vs JioBlackRock Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Money Market Fund (Direct) | JioBlackRock Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.15% | +4.90% |
| Standard deviation | 0.48% | 1.00% |
| Sharpe ratio | 1.75 | -0.31 |
| Sortino ratio | 2.75 | -0.45 |
| Maximum drawdown | −0.2% (22-05-2026) | −0.3% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-07-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
JioBlackRock Money Market Fund (Direct)
JioBlackRock Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Money Market Fund (Direct) | −0.2% | 11-05-2026 | 22-05-2026 | 01-06-2026 | 10 days | 0.0% |
| JioBlackRock Short Term Fund (Direct) | −0.3% | 22-09-2026 | 23-10-2026 | Not yet | -- | −0.2% |
From daily values since 22-01-2026, the first day every fund has.
JioBlackRock Money Market vs JioBlackRock Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Money Market Fund, September 2026; JioBlackRock Short Term Fund, September 2026
Holdings in common
- Overlap
- 14.9%
- Held by both
- 8
- Only in JioBlackRock Money Market
- 31
- Only in JioBlackRock Short Term
- 4
| Security | % of JioBlackRock Money Market | % of JioBlackRock Short Term |
|---|---|---|
| Bank of Baroda (05-Mar-2027) | 6.77% | 8.60% |
| National Bank For Agriculture & Rural Development (02-Mar-2027) | 1.88% | 8.59% |
| Canara Bank (12-Mar-2027) | 7.24% | 1.72% |
| Bajaj Finance Ltd (03-Feb-2027) | 1.36% | 8.63% |
| Punjab National Bank (09-Mar-2027) | 1.35% | 8.59% |
| Mahindra & Mahindra Financial Services Ltd (25-Feb-2027) | 0.83% | 8.59% |
| Union Bank of India (12-Mar-2027) | 0.83% | 8.58% |
| Corporate Debt Market Development Fund Class A2 | 0.18% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.9% means 14.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in JioBlackRock Money Market Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Ltd (15-Dec-2026) | 9.51% |
| ICICI Home Finance Co Ltd (24-Jun-2027) | 6.10% |
| 5.74% GOI 2026 (15-NOV-2026) | 5.47% |
| HDFC Bank Ltd (15-Jan-2027) | 4.21% |
| Punjab National Bank (12-Mar-2027) | 4.16% |
Largest holdings only in JioBlackRock Short Term Fund
| Security | % of fund |
|---|---|
| 6.94% GOI 2036 (11-MAY-2036) | 13.05% |
| 7.7% Small Industries Development Bank Of India (10-Oct-2029) | 8.80% |
| 6.95% REC Ltd (18-Feb-2028) | 8.76% |
| 6.68% LIC Housing Finance Ltd (04-Jun-2028) | 8.68% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Money Market | JioBlackRock Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 101.1% | 92.6% |
| Cash and others | -1.1% | 7.4% |
JioBlackRock Money Market vs JioBlackRock Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Money Market Fund | JioBlackRock Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.16% | 0.35% |
| Base expense ratio (Direct) | 0.13% | 0.27% |
| Total expense ratio (Regular) | 0.36% | 0.99% |
| Base expense ratio (Regular) | 0.30% | 0.84% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare JioBlackRock Money Market with
JioBlackRock Money Market Fund vs JioBlackRock Short Term Fund: Frequently Asked Questions
What is the difference between JioBlackRock Money Market Fund and JioBlackRock Short Term Fund?
JioBlackRock Money Market Fund is a Money Market fund, JioBlackRock Short Term Fund is a Short Duration fund, run by Jio BlackRock Mutual Fund. Their portfolios overlap 14.9%. JioBlackRock Money Market Fund charges 0.16% a year and JioBlackRock Short Term Fund 0.35%.
Which has the lower expense ratio, JioBlackRock Money Market Fund or JioBlackRock Short Term Fund?
JioBlackRock Money Market Fund charges less: 0.16% a year against 0.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Money Market Fund and JioBlackRock Short Term Fund overlap?
14.9%. They hold 8 of the same securities, the largest shared ones being Bank of Baroda (05-Mar-2027), National Bank For Agriculture & Rural Development (02-Mar-2027), Canara Bank (12-Mar-2027). From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Money Market Fund or JioBlackRock Short Term Fund?
On SEBI's riskometer, JioBlackRock Money Market Fund is rated Low to Moderate and JioBlackRock Short Term Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.48% and 1.00% a year.
Can I invest in both JioBlackRock Money Market Fund and JioBlackRock Short Term Fund?
Yes. 14.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages JioBlackRock Money Market Fund and JioBlackRock Short Term Fund?
JioBlackRock Money Market Fund: Arun Ramachandran, Vikrant Mehta, Siddharth Deb. JioBlackRock Short Term Fund: Arun Ramachandran, Vikrant Mehta, Siddharth Deb.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.